| ♥ 0 |
Hello , I have impressed and motivated a lot with your smart answers , In Think or swim ATR trailtstop indicator wirks best but some times it gives false signals and make tooo much choppy sometimes , would you help me any alternative for this to avoid to take these false trades ? Any additional indicator I need to follow with this Atr trailing stop indicator ? Anything I can adjust with code ? ( I observe this problem in 1m 3m 5m & 10m also , changed exponential and weighted and wilddrs also still I get false signals 10 / 2.5 my values are other values also same issue ) It would be greatly appreciated if you provide any additional information. Awaiting for your valuable reply . Thanks in advance. Regards, Rk.
Marked as spam
|
Posted by |
Private answer
Sorry but I have absolutely no ideas on how to remove false signals from any indicator or setup. If I did, and I was good at it, this website would not exist. I would spend every day extracting as much money from the market as humanly possible. I write code, based on clear and concise specifications presented by our audience. So hopefully that clears up any question about what this site is all about. Having said that. False signals are a natural and unavoidable part of EVERY indicator or trading methodology. The money is made when traders accept this, measure the ratio of false to true signals. Then adjust their risk/reward per trade to create an edge. Marked as spam
 Posted by Pete Hahn (Questions: 37, Answers: 4084) Answered on December 16, 2018 8:33 am
|
