Atr profit and stops

[jenialyinvest]

I am wondering if it is possible to generate strategies based on dynamic stops and targets (ATR based) within EA Studio, rather than fixed numerical values of stops and targets.

Not sure if this is what the  average true range indicator in the indicator list can be used for?

[Petko Aleksandrov]

Hello Jenialy,

I explain the ATR indicator in the MetaTrader course in section Oscillators. However, this indicator does not work with the SL or the TP.

I am not sure if I get your question, but you can ask me in detail.

[Author]

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