Just looking for some tips on setting contingent buy orders once you get a buy signal so as not to chase prices too high.
The method i'm intending to use is to calculate the average trading range then add this on to price. How many days should i calculate the ATR over and what should i add it to?
I can't really follow live price action (too much bloody work!)to do it manually so any other methods/tips for automated systems would be much appreciated.