Description
The ATRTrailingStopSE strategy generates a Short Entry signal when the close price falls below the ATR Trailing Stop value.
Input Parameters
Parameter | Description |
---|---|
trail type
|
Defines whether to use "modified" or "unmodified" trailing stop calculation mechanism. |
atr period
|
The number of bars used to calculate the Average True Range. |
atr factor
|
The multiplier of the ATR value. |
first trade
|
Defines whether to initialize ATR calculation at a short or a long position. |
average type
|
The type of moving average to be used in calculations: simple, exponential, weighted, Wilder's, or Hull. |