Target Distance definition
Examples of Target Distance in a sentence
It can also be dynamic where the Target Distance is a multiple of the Average True Range (ATR) of the instrument being traded.
Percentage ▇▇▇ ▇▇▇ Result Indicator Definition Unit Baseline Compact Target Distance to a lower secondary school for students in MCC- support secondary schools TBD Kilometers ▇▇▇ ▇▇▇ Improved Quality: 1.
There are 3 methods of setting the Target Distance: • Ticks – Specify the distance to each Target in terms of a set number of ticks • RR – Specify the distance to each Target in terms of a multiplier of the distance from the Stop price to the Entry price • ATR – Specify the distance to each Target in terms of a multiplier applied to the Average True Range of the primary chart bars When a signal is generated, the lotsize of the trade must be determined.