ATR value BASED PARTIAL TP

[Jajaofopobo]

Is it possible to get the ATR value of an Open order price when price has gone past it (now in profit)?

Post automatically merged: Sep 27, 2022

would this work?


OrderOpenPrice()+ iATR(Instrument,PERIOD_M15,ATRPeriod,Shift)*3;

 

[Enivid]

Do you mean to move an open's trade TP to some multiplier of ATR? Why not. This will work. However, if your first sentence means that you want to set such a TP when the current price is already above that price, then no, that won't work - for a Buy trade, the TP should be below the current price.

 

[Jajaofopobo]

Do you mean to move an open's trade TP to some multiplier of ATR? Why not. This will work. However, if your first sentence means that you want to set such a TP when the current price is already above that price, then no, that won't work - for a Buy trade, the TP should be below the current price.

YES, I meant to move an open's trade TP to some multiplier of ATR.

but is it now possible for it to be the ATR value of the order open price candle

 

[Enivid]

YES, I meant to move an open's trade TP to some multiplier of ATR.

but is it now possible for it to be the ATR value of the order open price candle

Yes, your EA can get the order's open time with OrderOpenTime(), then find the right bar using iBarShift(), then get the relevant ATR value using a call to iATR() at that bar. That's if you are updating the order when some time has passed after its opening. If you are setting such a TP on opening, there is no need for such difficulties and you just call iATR() with zero shift.

 

[Jajaofopobo]

Thanks so much, On it