Traders Laboratory - View Single Post - Stop Loss Stop Loss Trailing
Thread: Stop Loss Stop Loss Trailing
View Single Post
  #7 (permalink)  
Old 02-23-2008, 05:38 AM
rod30's Avatar
rod30 rod30 is offline
rod30 has no status.

Trader Specs
 
Join Date: Feb 2008
Location: italy, Modena
Posts: 8
Thanks: 0
Thanked 0 Times in 0 Posts
Re: Stop Loss Stop Loss Trailing
i want to understand how to use ATR FORMULA for example
14 ATR in a five minute chart ATR when my sistem give the signal ATR= 0.6
Eur/USD 100.000 $ on account i risk 1% = 1000$ = 1 Unit
1 lot = 10$ profit- loss / Pip right
how many lot i can buy ???
0.6*10= 6 lot
1000/ 6 = 166 lots
is this right ?? i cant understand how to transform ATR value its right ATR * 10 $ ?
thanks a lot for your patience

Reply With Quote