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Stumpy

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Posts: 214

Joined: 5/25/2004
Location: Australia

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Subject : Trailing Stop Help Please
Posted : 11/15/2017 12:55 AM
Post #42629

Hi Gurus,
When I get a long entry I can put a long ATR trailing stop on. Same with a short entry I can put a short ATR trailing stop on.
What I am trying to do is get one trailing stop which follows the price action trailing the price by the designated ATR value but once it is breached it changes from a long to a short trailing stop automatically I think it is called a chandelier stop or something similar.
I am using omnitrader EOD stocks 2017
Any ideas would be gratefully received and faithfully applied
Deleting message 42629 : Trailing Stop Help Please


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