Risk Management (ATR Trailing Stop)
The ATR Trailing Stop helps you manage risk by automatically adjusting stop levels based on market volatility.
| Parameter | Default | Description |
|---|---|---|
| Show ATR Trailing Stop | True | Toggles the red trailing stop line on the chart. |
| ATR Period | 10 | The lookback period for calculating volatility. |
| ATR Multiplier | 3.5 | Multiplies the ATR to set the stop distance. Higher = Looser stop; Lower = Tighter stop. |
⚠️ Important: A higher multiplier gives your trades more room to breathe but increases potential loss. A lower multiplier provides tighter protection but may stop you out prematurely.