Hi ! I was thinking of buying this product and after saw the description I realized it can be improved with minimal effort.The way it is right now, the SL gets triggered when price TOUCHES the ATR line. However , this could trigger a lot of false/fake movements or price spikes where the candle touches and even go well beyond the ATR line and then retrace and close back within the range. That will get you out , but the trend will keep go up. An easy fix that could improve results is to have an option in the settings that the SL gets triggered only when the candle that touches the ATR line CLOSES below the ATR ( if going long) and the SL should be a nr of PIPs ( trader should choose that in settings) under that candle. So the SL would get triggered with next candle if price goes lower a certain amount of PIPs. In my experience of using the ATR Trailing Stop manually, this is a good indicator that trend could reverse if all the above happen,
Thanks!
