cTrader ATR Trailing Stop

christianmonteverde

Hello, I am testing the cTrader ATR Trailing Stop bot combined with the cTrader Average True Range Indicator.

After changing direction, the stop remains at the last level indicated by ATR. If ATR were to resume the direction of my trade, the trailing stop will continue to follow ATR. Alternatively, will it stay fixed at the last price indicated earlier before the change in direction?

Mike

Hi, Christian, You should find the answer to this on the product page: https://clickalgo.com/ctrader-atr-trailing-stop

ATR Switches Sides While Managing a Stop Loss
If a stop loss is being managed for a position when the ATR line switches sides above or below the symbol price then the stop loss will remain on the last ATR price and no longer be managed, this is the optimal stop loss before the trend reversal.