OPEN-SOURCE SCRIPT
ATR_XAUUSD-BITCOINT-US100_Daniel

# ATR Daniel - Indicator Description
## 🇬🇧 ENGLISH VERSION
### ATR Daniel - Smart Trailing Stop Manager
**ATR Daniel** is an intelligent trailing stop indicator that automatically adapts to your trading style and the asset you're trading.
#### Key Features:
**🎯 3 Trading Modes:**
- **Swing Trading** - For position trading with wider stops
- **Intraday** - For day trading with balanced parameters
- **Scalping** - For quick trades with tight stops
**📊 Automatic Asset Detection:**
The indicator automatically recognizes 3 major assets and applies optimized parameters:
- **XAUUSD (Gold)** - Lower volatility settings
- **BTCUSDT (Bitcoin)** - Medium volatility settings
- **NAS100USD (Nasdaq 100)** - Higher volatility settings
**🔧 Flexible Configuration:**
- **Auto Mode**: Applies optimal parameters based on detected asset and selected trading mode
- **Manual Mode**: Customize ATR length and multiplier to your preferences
- **Customizable Colors**: Choose your own line color
- **ON/OFF Display**: Toggle line visibility as needed
**📈 Visual Display:**
- Dynamic trailing stop line that follows price action
- Color changes based on trend direction (bullish/bearish)
- Real-time info table showing:
- Current asset
- Trading mode
- ATR value
- Stop loss distance
- Recommended SL price
- Current trend direction
- Signal arrows at trend reversals (optional)
**💡 How It Works:**
The indicator uses ATR (Average True Range) to calculate dynamic stop loss levels that adapt to market volatility. The trailing stop follows the price in trending markets while protecting your position.
**Perfect for:**
- Traders who want automated stop loss management
- Multi-asset traders (Gold, Bitcoin, Nasdaq)
- All trading styles (Swing, Intraday, Scalping)
---
## 🇬🇧 ENGLISH VERSION
### ATR Daniel - Smart Trailing Stop Manager
**ATR Daniel** is an intelligent trailing stop indicator that automatically adapts to your trading style and the asset you're trading.
#### Key Features:
**🎯 3 Trading Modes:**
- **Swing Trading** - For position trading with wider stops
- **Intraday** - For day trading with balanced parameters
- **Scalping** - For quick trades with tight stops
**📊 Automatic Asset Detection:**
The indicator automatically recognizes 3 major assets and applies optimized parameters:
- **XAUUSD (Gold)** - Lower volatility settings
- **BTCUSDT (Bitcoin)** - Medium volatility settings
- **NAS100USD (Nasdaq 100)** - Higher volatility settings
**🔧 Flexible Configuration:**
- **Auto Mode**: Applies optimal parameters based on detected asset and selected trading mode
- **Manual Mode**: Customize ATR length and multiplier to your preferences
- **Customizable Colors**: Choose your own line color
- **ON/OFF Display**: Toggle line visibility as needed
**📈 Visual Display:**
- Dynamic trailing stop line that follows price action
- Color changes based on trend direction (bullish/bearish)
- Real-time info table showing:
- Current asset
- Trading mode
- ATR value
- Stop loss distance
- Recommended SL price
- Current trend direction
- Signal arrows at trend reversals (optional)
**💡 How It Works:**
The indicator uses ATR (Average True Range) to calculate dynamic stop loss levels that adapt to market volatility. The trailing stop follows the price in trending markets while protecting your position.
**Perfect for:**
- Traders who want automated stop loss management
- Multi-asset traders (Gold, Bitcoin, Nasdaq)
- All trading styles (Swing, Intraday, Scalping)
---
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.