![]() Welles Wilder's Parabolic SAR study is a time/price reversal system. If you want a clip size of 1,000,000 per trade, that is a quantity of ten with FX multiplier checked. FX - If FX markets are traded, the quantity gets multiplied by 100,000.Entry Stop is on if checked.quantity - quantity is the trading size, in contracts, for a stock or future trade. ES - Entry Stop places an initial stop on the low (for long trades), or on the high (for short trades) of the entry bar.ATR - Average True Range trailing stop is on when checked.ATRfactor - ATRfactor is the parameter that determines how many ATRs the stop is placed away from the market.ATRperiod is the length of the ATR measurement. ATRperiod - Average True Range trailing stop uses the value of the Average True Range study when a trade is initiated.PTtarget - Profit Target exits a position if a certain amount of money is gained.PRT - Percent Risk Trailing is on if checked.PRTfloor - Percent Risk Trailing needs to reach a certain amount of profit (Floor) before it is activated.PRTstop - Percent Risk Trailing puts a stop below the maximum profit close to risk x% of the money already gained in the trade.DRT - Dollar Risk Trailing is on if checked.DRTstop - Dollar Risk Trailing is a classic trailing stop that is based on maximum profit during the trade (calculated by each close).It needs to reach a certain amount of profit (Floor) before it is activated. BEFloor - Break Even Exit will close the position when it returns to its entry price.MM - Money Management Stop is on if checked.MMstop - Money Management is a simple stop loss.EOD - End Of Day will exit any position at the last bar of the day when checked.This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.The idea is to have a few standard trading systems that have many customizable exits already built in: By visiting our website with your browser set to allow cookies, or by accepting our Cookie Policy notification you consent to our Privacy Policy, which details our Cookie Policy. The website uses cookies in order to provide you with the best experience. We have no knowledge of the level of money you are trading with or the level of risk you are taking with each trade. By signing up as a member you acknowledge that we are not providing financial advice and that you are making the decision on the trades you place in the markets. takes no responsibility for loss incurred as a result of the content provided inside our Trading Room. Past performance in the markets is not a reliable indicator of future performance. You should seek independent advice before trading if you have any doubts. Like any investment, there is a possibility that you could sustain losses of some or all of your investment whilst trading. Only trade with money you are prepared to lose. Before trading, you should carefully consider your investment objectives, experience, and risk appetite. Trading the financial markets carries a high level of risk and may not be suitable for all investors. Disclaimer: The information on the website and inside our Trading Room platform is intended for educational purposes and is not to be construed as investment advice.
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