1. Overview
The ATR-based trailing stop loss is one of the best ways to exit a trade. It allows you to simply attach your stop loss to the ATR trailing stop loss line and exit the trade when the price moves outside the average true range. The ATR is used by many traders as a measure to place their stop-loss. This indicator will show you an ATR based line that can be used to trail your stop-loss easily
2. Regular ATR or TDU ATR
Within the indicator settings, you can choose between the normal ATR which comes with NinjaTrader or the TDU ATR. The TDU ATR is optimized for day trading by only looking at the bar ranges and by double smoothing the ATR
3. Bloodhound/Strategy support
The indicator exports several plots you can use from your own strategies or bloodhound. You can download an example bloodhound template here
The indicator exports Long & Short plots which are 1 / -1 for long/short signals as shown in the screenshot below. It also exports the trailing ATR plot itself
4. Alerts
The indicator can fire an audible alert when it detects a trend change
5. Features
- ATR based trailing stop
- Choose between Ninja or TDU Atr
- Alerts
- Support for bloodhound/strategies/blackbird
- Works on any chart
- Works with any timeframe
- Works with any market
- Works with any NinjaTrader version
6. Terms
We also offer a 100% free 5-day trial of all our indicators allowing you to test our software before you decide to invest in it. Since you are able to test all our software before buying it all sales are final and non-refundable!
7. Media
