ATR Trailing Stops

ATR Trailing Stops

ATR Trailing Stops highlights a reversal in trend by plotting a stop point based upon recent market volatility. Average True Range (ATR) is used to adjust the stop point based upon recent market volatility. The trailing stop will continue to increase in a rising market, and decrease in a down market. If the trend stalls or the market consolidates, the stop will stabilize at a level until the trend resumes or crosses through the stop level. ATR Trailing Stops flips to the invert when price corrects below/above the stop line.