What to build - Stop Loss / Profit Target settings - please add customisable timeframe for ATR based SL or PT
I belive the ATR stop loss / profit target settings are more beneficial than static stop loss or profit target ranges when building strategies because the market keeps changing and there is less risk involved with ATR based SL and PT. With this said, I'd prefer to be able to choose my timeframe to base the ATR period on.
This way I don't have to keep changing the ATR multiple every time I want to build on different timeframes. Examples:
- 30m ATR Period = 1000 and multiple between 3 and 60
- 1h ATR Period = 1000 and multiple between 1 and 40
- 4h ATR Period = 540 and multiple between 0.3 and 10
- D1 ATR Period = 90 and multiple between 0.1 and 3
It would be good to set the ATR time frame for Stop Loss and Profit Target to be D1 or 1,440 minutes and have the period set to 90 (3 months) with multiple between 0.1 and 3.0, regardless of which timefrime I'm building strategies on, whether they be 15m, 30m, H1 or H4 strategies.
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Votes +1
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Project StrategyQuant X
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Type Feature
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Status Archived
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Priority Normal
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Assignee None
History
Votes: +1
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