Settings and activity
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Alan Burke
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Alan Burke
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I use ATR * 2.5 as a default stop setting. With spread betting in the UK, there is usually a minimum stake of £1 per point, which results in very high priced stocks being too high risk to trade, so I'd want Unisearch to be able to exclude these from the search results. For example, say I want to risk no more than £100 on any trade. If the ATR is 90 for a particular stock, I'd need to set my stop 225 points below entry, which would mean my risk would be at least £225. If I could set ATR =< 40 as a Unisearch parameter, that would screen out all the high ATR results.