OPEN-SOURCE SCRIPT
Atualizado ATR stop loss
Plots the stop loss level based on average true range (ATR) and a multiplier of choice (1 to 2.5, default is 1.5), subtracted from closing price.
Additions in this version:
You can now show percentage labels to help evaluate the level of risk.
The color of the plotted line and the text labels can be picked by the user.
Additions in this version:
You can now show percentage labels to help evaluate the level of risk.
The color of the plotted line and the text labels can be picked by the user.
Notas de Lançamento
Plots the stop loss level based on average true range (ATR) and a multiplier of choice (1 to 2.5, default is 1.5). Percentage labels can also be shown (to help evaluate risk) and the user can pick the color of the line and text.Notas de Lançamento
Plots the stop loss level based on average true range (ATR) and a multiplier of choice (1 to 2.5, default is 1.5).Percentage labels can also be shown and the user can pick the color of the line and text.
Notas de Lançamento
Version 2:- Added support for a user-defined ATR-multiplier to add flexibility.
- There is a longer list of preset values in the multiplier list.
- Default color and line style has been changed.
- The code has been a bit reorganized.
Example usage:
Either pick a preset value of choice to plot a stop loss level (default is 1.5*ATR), or set a user-defined multiplier (for example a stock's beta).
If the user-defined multiplier is 1 the preset value will be used (if a bad value is given, it will be set to 1).
Good luck with your risk management and have a happy trading journey.
Notas de Lançamento
ATR stop loss v3:- The user can now select alternative price sources (default is closing price).
- Labels are shown 250 periods back (about one year on a daily chart)
- Some reorganization in the input dialog
Script de código aberto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Script de código aberto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.