Hi Cch,
thanks for this! However, as far as I can see, this Indicator does not take into account the ATR, so the volatility of the pair at the moment of the trade. In the example, the R/R is 1:1.5 and they use a standard SL of 20 pips. The SL is not based on a multiple of the ATR.
Would you know of a Position Size calculator which takes ATR into account?
Thanks in advance!
Ijebidiw
thanks for this! However, as far as I can see, this Indicator does not take into account the ATR, so the volatility of the pair at the moment of the trade. In the example, the R/R is 1:1.5 and they use a standard SL of 20 pips. The SL is not based on a multiple of the ATR.
Would you know of a Position Size calculator which takes ATR into account?
Thanks in advance!
Ijebidiw