ATR-T (ATR-Trailing) is used to get better entry and exit points.
When buying, it makes it possible to aim for a lower entry price than strategy criteria would otherwise realize. When selling, it allows for higher profits, while locking in profits while trailing areas move up along with the price.
In this image, ATR-T multiplier is set to 1.5 and is set to timeframe 30.
To activate ATR-T you must specify an ATR-T multiplier and activate ATR Trailing Buy and/or ATR Trailing Sell.
FOR ADVANCED TRADERS
If you want to change the window of the ATR (Average True Range) or the MA (Moving Average) please scroll down to the config explanation.
If you want to activate ATR-T via the config you have to change these settings:
- atrtmultiplier: The multiplier of the ATR-T.
- Set the ATR-T Multiplier low (1.3-1.5) to trade small trends, set it higher (2-3) to trade longer trends.
- trailingatrtbuyenabled: Activate ATR-T trailing for buys.
- trailingatrtsellenabled: Activate ATR-T trailing for sells.
FOR ADVANCED TRADERS:
If you want to change the windows/bar lengths of ATR-T ATR (Average True Range) and ATR-T MA (Moving Average) you have to do it via the config. Change:
- atrtatrwindows: Number of bars used for calculating ATR-T ATR (Average True Range).
- atrtmawindows: Number of bars used to calculate ATR-T MA (Moving Average).
