ATR trailing stop in TOS?

December 29th, 2018, 04:16 PM

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.

thanks!

December 30th, 2018, 02:09 PM

StocksRider

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.

+1 to the question!

January 5th, 2019, 01:57 AM

makuchaku

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.

+1 to the question!

What indicator is that for the BMACD and SMACD?

January 5th, 2019, 05:36 PM

Something I am trying to build in thinkscript - which indicates when to buy.
It's based on MACD and RSI

Code

    isBullishTrend and 
    close > open and
    (rsiSlow > 70 and rsiFast > 70) and    
    bollingerAvg > ma100 and
    MACDFastOverSlowOrOverZero;

Once I am able to test it, I am hoping to release it to everyone.

January 6th, 2019, 02:25 AM

makuchaku

Something I am trying to build in thinkscript - which indicates when to buy.
It's based on MACD and RSI

Code

    isBullishTrend and 
    close > open and
    (rsiSlow > 70 and rsiFast > 70) and    
    bollingerAvg > ma100 and
    MACDFastOverSlowOrOverZero;

Once I am able to test it, I am hoping to release it to everyone.

Oh cool. Let me know if you need help backtesting it.

ATR trailing stop in TOS?

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ATR trailing stop in TOS?