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Old 23-04-2009, 16:19
Forex37 Forex37 is offline
Level II Lasers Member
 
Join Date: Feb 2009
Posts: 40
Default Stops and TP - use ATR?

Hi, I normally advise not to change a system`s design. I am just not very fond of add-ons, bells and whistles overcomplicating a system and trying to get a false sense of security by additional indicators, oscillators .....

I wouldn`t add anything here as well, no rsi, cci ..... but there was the dicussion about the stops (to be wider with volatile pairs..). SO my question: Did anybody ever consider -or test- stops by atr? Or consider S/R for opening and TP?

Would it make sense?

Thanks

Forex37
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