December 1, 2020

ATR trailing stop indicator in Upstox terminal

Some simple rules:

  • setting is 20 periods and multiplier set at 3
  • take entry on crossover but not for exits
  • for exits, use 3-5 bar low in case of a long position and vice versa
  • keep risk per trade under 1%
  • expect half the signals to fail (true for all trading systems)
  • expect lot of whipsaws in rangebound market

These are same rules for supertrend indicator and kplswing.

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