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Is there a way to use trailing stops based on volatility (ATR) in TOS? I know it is available as a study. But I am interested in a predefined order type in TOS just like "limit" or regular "TRAILSTOP". So this predefined order type would be an ATR trail stop that I can set and forget about it, instead of manually monitoring it. Any ideas would be highly appreciated.
Just the question on my mind.
I am currently manually adjusting my stoploss based on study ATRTrailingStop(2.5 atr) as the price action moves.
The study helps me display it on graph, so I can adjust my stop loss manually.