Can’t get ATR-based stop loss to work
1 month ago #285140
I’m trying to recreate a strategy that Ali Casey shows in a video which shorts Soybeans on a Monday at 0600 GMT and covers at 1800 GMT on the same day.
I’m creating the strategy on the 1H timeframe with an ATR-based stop loss.
I’m using the Global Money Management to risk just 1% of the account on each trade.
However, I just can’t get it to work. It always uses the same lot size for each trade instead of changing the lot size based on the ATR-based stop loss position.
What am I doing wrong here?
Thanks in advance!
Do you want to trade multiples of 1 contract? Or a CFD contract with decimals?
1 month ago #285170
CFDs with decimals mainly
1 month ago #285196
No matter what I try I still can’t seem to get this to work. Can anyone help me?
I loaded the strategy and it seems to be working well for me
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