AutoCal

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J Talon Full Size.jpg   AutoCal 
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If set to true, this will base the grid and take profit calculations on the Average True Range indicator.

AutoCal will still uses the blocks of levels set up in SetCountArray, but does not use the grid distances set up in GridSetArray. Instead it will calculate the ATR for the chart based on the ATR TimeFrame and ATR Period selected, and for block 1 this value will replace the normal 25 pips. For blocks 2 to 5 the ATR value will be multiplied by 2, 4, 8 and 12 respectively to give an increasing grid size.

The Take Profit values will also be based on the calculated ATR, with blocks 1 to 5 using a multiplier of 2, 4, 8, 12 and 18 respectively.

Default is false


 
 
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