Allow Average True Range (ATR) as a Stop Criteria
Average True Range is now available in VectorVest 7 with ProTrader as a stop criteria for both BackTests and Portfolio Automation.
Blaine Phipps commented
Please add the capability to plot the ATR Stop to Charts
Derek Goodyer commented
Has any testing in the simulator been done on trailing stops based on a multiple of ATR v the more traditional VV suggestion of % based Gain/Loss and have any educational videos been done on the new ATR capability in VV7?
Harold Arbogust commented
I realilze there is an ATR based traililng stop in VV7 now.
However, many of the SOTW presentations use a % Gain/Loss as a position exit strategy. I believe a very profitable enhancement would be to use a volitility based stop: ATR Gain/Loss.