ATR+ (Stop Loss Indicator)

This script is designed to aid in back-testing and trade execution.

It displays three sets of values - the teal colored value is the current ATR, the green colored value is your stop loss distance (in pips) below the most recent swing low for long trades, and the red colored value is your stop loss distance (in pips) above the most recent swing high for short trades.

You can change the stop loss settings to base your stop loss on a set pip amount or by however many multiples of the current ATR as you wish (eg. 1.5x ATR).

Feel free to ask any questions or edit the script without permission :)

- Matt.

Notas de Lançamento

Minor improvements

Notas de Lançamento

Converted ATR and S/L into whole numbers.
Added optional T1 (Profit Target).

Notas de Lançamento

Minor improvements to display chart.

Notas de Lançamento

Minor improvements.

Notas de Lançamento

Converted to Pine Script v4 and cleaned up code to remove unnecessary lines.

Notas de Lançamento

Fixed to work on all markets (previously was bugged on some markets)

Notas de Lançamento

Updated to Pine Script v5

Notas de Lançamento

Updated to v6 pine script and v9 ZenLibrary

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.

ZenAndTheArtOfTrading

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Script de código aberto

ZenAndTheArtOfTrading

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