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Originally Posted by antone
can you tell me how to use?
Use.ADR.for.SL.pips?
tsl.divisor?= what does this do?
if the open positions takes more than one day will the TS change?
can anyone tell me please? tell me how to use this? please
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I did some research on this and feel I have a high level grasp.
Use.ADR.for.SL.pips is somehow using the average daily range as your stoploss. It uses the ADR in corilation with the trailing stop divisor as shown below.
tsl.divisor is a trailing stoploss Divisor which to the best of my guess uses the divisor of the number you enter as your trailing stop. for instance if your tsl.divisor is 0.40 then it would use some subsets of its divisors (e.g., 1, 4, 5, 10 and 20) gives 40.
hope this helps.