ATR Ratchet - Trailing Stop
Author: CharlieChalk
Creation Date: 9/1/2014 9:08 PM
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CharlieChalk

#1

9/1/2014 9:08 PM

Hi, does anybody know how to rachet an ATR i.e if you are trailing the highest high of N bars by a multiple of ATR but don't want the ATR to move lower on higher volatility. Therefore the ATR stop can only ever move higher.

Cheers Charlie
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Eugene

#2

9/2/2014 12:56 AM

Here's a demo Strategy implementing the Ratchet exit by Chuck LeBeau:

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