AbleTrend3 (AT3) is a trend-stop indicator. It is similar to AbleTrend2 (AT2) indicator. It is more sensitive than AbleTrend2, therefore, it is mainly used for entry and exit with lower risk trading in short term. You may refer to AbleTrend2 for details.
Input Parameters of AbleTrend
There are four input parameters used by AbleTrend indicators, which are RISK, MONYRISK, OFFSET and ASCMODE. See table below for the summary.
Indicator |
RISK |
MONYRISK |
OFFSET |
ASCMODE |
---|---|---|---|---|
AbleTrend1 |
Yes |
No |
No |
Yes |
AbleTrend2 |
Yes |
Yes |
No |
No |
AbleTrend3 |
Yes |
Yes |
No |
Yes |
AbleTrendSig |
Yes |
Yes |
Yes |
Yes |
Here, RISK is for Trade Signal sensitivity.
Yes - the parameter is used by the indicator.
No - the parameter is not used by the indicator.
Default setting of AbleTrend indicators:
Indicator |
RISK |
MONYRISK |
OFFSET |
ASCMODE |
---|---|---|---|---|
AbleTrend1 |
10 |
- |
- |
2 |
AbleTrend2 |
3 |
2.0 |
- |
0 |
AbleTrend3 |
3 |
1.5 |
- |
1 |
AbleTrendSig |
3 |
1.5 |
1 |
1 |