Hello,
I will like to throw you this simple question.
I´m actually working in a system, that uses a fixed sl. Problem is that I´m not very fan of fixed things becouse I got the feling that the market and volatility is changing everyday. My sl is working very well till today, but I would like to use a stop system that autoadjust to similar values that I´m actually using but that also adjust to market reality. I´ve been playing with atr stop indicator but I get to the conclusion that sometimes the atr does better than fixed sl and for contrary the opposite, the fixed sl makes better than the atr becouse it cuts quicker the loses. Does anybody knows about an indicator or technic that can balance both methods ? Any other info about indicators that can help in the study of setting "stop loses" would be appreciated.
Thanks to everybody
I will like to throw you this simple question.
I´m actually working in a system, that uses a fixed sl. Problem is that I´m not very fan of fixed things becouse I got the feling that the market and volatility is changing everyday. My sl is working very well till today, but I would like to use a stop system that autoadjust to similar values that I´m actually using but that also adjust to market reality. I´ve been playing with atr stop indicator but I get to the conclusion that sometimes the atr does better than fixed sl and for contrary the opposite, the fixed sl makes better than the atr becouse it cuts quicker the loses. Does anybody knows about an indicator or technic that can balance both methods ? Any other info about indicators that can help in the study of setting "stop loses" would be appreciated.
Thanks to everybody