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Can I use indicators like ATR as triggers for dynamic stop losses and trailing stops?

Indicators like ATR cannot be used for dynamic stop losses. Only limited indicators (RSI, MACD, Bollinger Bands, etc.) work as triggers.

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Written by Bryan
Updated today

No, this is not currently possible. While Cryptohopper does support using indicators as triggers for certain trading actions, the platform only offers a limited selection of indicators for this purpose.

The current trigger system allows indicators to perform specific actions based on market events, but it does not support the level of customization needed for dynamic stop loss and trailing stop adjustments based on indicators like ATR.

What is available:

For examples of how to configure these triggers, see this article.

Alternative solution: TradingView Alerts

However, you can achieve this functionality by using TradingView Alerts. For more information on how to do this click here.

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