Trade Pyramiding at ATR entries [Archive]

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raultrader

16th April 2004, 06:38 AM

Hi all,

I'm trying to set a system whereby my original EntryTrigger is X and my 1st PyramideEntryTrigger is EntryPrice+2*ATR(10). My subsequent pyramides are 1st PyramidEntryPrice+ 2*ATR(10), 2ndPyramidEntryPrice+2*ATR(10), and so on...

Any bright suggestions?

Thanks! :)

traca

30th April 2004, 08:56 AM

Hi Raul, please let me know any help you got about your question.
thanks , Francisco.

David Samborsky

3rd May 2004, 01:04 AM

Currently you can only pyramid trades based on an actual constant dollar profit but not based on a variable dollar profit from a formula.

example

ExtFml(“TradeSim.EnableTradePyramiding”,Dollar Profit,2,100);

To do what want you may have to use the trigger mode for trade re-entry however defining the formulas to do this becomes the issue.