![]() We do this using dynamic position sizing. ![]() ![]() When we use dynamic stop loss distances, we still want to keep our risk per trade the same. That might often be ok but what if you want a dynamic stop loss? In order to better reflect the market dynamics, we could use a volatility indicator such as ATR Average True Range to determine our stop-loss. Welcome to the fifth part of our MetaTrader4 Expert Advisor course! We created a fully functioning EA that can make buy and sell orders, and also can trail our stops. ![]()
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