The ATR (Average True Range) is a useful way to calculate stop loss and take profit triggers. This is because it attempts to base your targets on the volatility at a given time.



Stop Loss ATR Length


Only used if "Stop Loss Type" is set to "ATR Based"


The ATR length is how many bars back are considered for calculating the ATR. 14 is default.


Take Profit ATR Length 


Only used if "Take Profit Type" is set to "ATR Based"


The ATR length is how many bars back are considered for calculating the ATR. 14 is default.


Stop Loss ATR Multiplier


The ATR Mulitplier multiplies the value of the ATR by this amount, making for larger stop losses.


Take Profit ATR Multiplier


The ATR Mulitplier multiplies the value of the ATR by this amount, making for larger profit targets.


ATR Max Stop %


    If the ATR value is greater than this percentage value, then this value will be used instead to calculate your stop loss.