What is the most efficient trailing stops from your MT indicators?
What is the most efficient trailing stops from your MT indicators?
In the MTNTF7
MicroTrendsATRVolatilityBands
The ATR Trailing Stop is for the best all round.
It can be used in any MTNTF7 Strategy... Trailing Stop Type = 2
IF you are creating your own strategy and only have the indicators you could
use the "MT Stops ATR Trailing Stop" which is actually based on the indicator MicroTrendsATRVolatilityBands
double stopPriceProposed=0;
//Long trail stop
stopPriceProposed = MicroTrendsATRVolatilityBands(this.ATRTrailStopMultiplier, this.ATRTrailStopPeriod, this.ATRTrailStopSmoothing).LowerBand[0] - ticks(this.StopTrailOffset);
//Short Trail Stop
stopPriceProposed = MicroTrendsATRVolatilityBands(this.ATRTrailStopMultiplier, this.ATRTrailStopPeriod, this.ATRTrailStopSmoothing).UpperBand[0] + ticks(this.StopTrailOffset);
stopPriceProposed = Instrument.MasterInstrument.Round2TickSize(stopPriceProposed);
SetStopLoss(stopLossOrder.FromEntrySignal, CalculationMode.Price, stopPriceProposed, this.SimulatedStop);
AlphaTraderUltimateSAR - Standalone
or you can use this which i believe will be even better as a single standalone indicator and as a filter
USAR - http://www.indicatorfactory.com/ninjatrader/ultimate-sar/
NinjaTrader.Indicator.AlphaTraderUltimateSAR uSAR = AlphaTraderUltimateSAR(Input, aTRMultiplier, aTRPeriod, aTRSmoothing, aVGPeriod, collisionMode, offset, signalMode);
//long
stopPriceProposed = Math.Min(uSAR.ATRLongStop, uSAR.ATRSARStop[0]) - ticks(trailStopOffset);
//short
stopPriceProposed = Math.Max(uSAR.ATRShortStop, uSAR.ATRSARStop[0]) + ticks(trailStopOffset);
MicroTrends Support
support@microtrends.co
http://www.microtrends.co/support/
Tip! You can visit the help desk forum to see previous answered frequently asked questions:
http://microtrends.zendesk.com/forums
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