The AgenaTrader++ plusplus targets allows you to edit the general Target Escort settings.
Function | Meaning |
---|---|
Fixed Tick Distance | Sets distance in ticks from the calculated target price to the actual order. Calculated target prices are usually highs/lows of the periods. To avoid spoofing at these points the order will be placed n ticks away from the entry price. |
Distance on ATR | Allows you to smooth distances in tick size e.g. between cheap stocks and Futures or Forex. As a result, a tick calculation will be performed based on the ATR(20). |
Distance ATR Factor | Refers to the ATR factor used for the size calculation based on the ATR. 0.10 means that the distance in ticks will be set to 1/10th of the current ATR value. If a value is also entered in the Fixed Tick Distance cell, the distance will be measured based on the maximum of both values. |