ATR Trailing Stop

[cowcool]

How to define ATR Trailing Stop in strategy wizard?. Additionaly, where can I d/l ninjascript for ATR trailing stop.

I am very new to this and have no clue at all

Thx

[junkone]

1. calculate your MFE tick by tick
2. setup your trailing stop by MFE-ATR(14)[1]

[cowcool]

Thx , do I jhave to calculate MFE manually for every trades?. I want to fully automate it.

1. calculate your MFE tick by tick
2. setup your trailing stop by MFE-ATR(14)[1]

[junkone]

then u have to write code that will do it.
double currentClose = Close[0];
highestHigh = (highestHigh > currentClose ? highestHigh : currentClose);
lowestLow = (lowestLow < currentClose ? lowestLow : currentClose);
Print("highestHigh " + highestHigh + " lowestLow " + lowestLow + "currentClose " + currentClose);

double currentProfitVariable = Position.GetProfitLoss(Close[0], PerformanceUnit.Points);
Print(" currentProfitVariable " + currentProfitVariable + " ATRValue " + ATRValue);
switch (tradedirection)
{
case Direction.Long:
currentStop = highestHigh - ATRValue ;


exitOrder = ExitLongStop(<use the currentstopvalue>)
}

[cowcool]

Many thxxxx

then u have to write code that will do it.
double currentClose = Close[0];
highestHigh = (highestHigh > currentClose ? highestHigh : currentClose);
lowestLow = (lowestLow < currentClose ? lowestLow : currentClose);
Print("highestHigh " + highestHigh + " lowestLow " + lowestLow + "currentClose " + currentClose);

double currentProfitVariable = Position.GetProfitLoss(Close[0], PerformanceUnit.Points);
Print(" currentProfitVariable " + currentProfitVariable + " ATRValue " + ATRValue);
switch (tradedirection)
{
case Direction.Long:
currentStop = highestHigh - ATRValue ;


exitOrder = ExitLongStop(<use the currentstopvalue>)
}