Hi,
Does anyone have code for pyramiding / scaling into positions based on ATR? I would like to e.g., add to an existing position if the price moves up 2ATRs from the initial entry price using the ATR at the time of trade entry.
I have check the SigScaleIn function from the Amibroker help website, but can't seem to be able to adapt this to the above.
Many thanks for your help!
Does anyone have code for pyramiding / scaling into positions based on ATR? I would like to e.g., add to an existing position if the price moves up 2ATRs from the initial entry price using the ATR at the time of trade entry.
I have check the SigScaleIn function from the Amibroker help website, but can't seem to be able to adapt this to the above.
Many thanks for your help!