ATR-TV v1.4R (Dynamic Panel)

⚙️ ATR-TV Dynamic Panel — Simple Guide
💡 What It Does

The ATR-TV Dynamic Panel automatically calculates your Take-Profit (TP) and Stop-Loss (SL) levels based on market volatility, using the Average True Range (ATR).
It gives you:

Live ATR value (shows when volatility is high)

TP and SL distances in ticks and dollars

Automatic Reward-to-Risk (R:R) ratio

Preset and custom settings for flexible trading

Auto-adjustments when volatility gets extreme

Think of it as a mini control panel that helps you stay consistent — you just plug in the number of contracts and the indicator tells you your risk and target distances instantly.

🧭 How to Use It
1️⃣ Choose a Preset

Standard (≈1.5 R:R): TP × 6 ATR, SL × 4 ATR — balanced for normal volatility.

Tight (≈1.8 R:R): MNQ = 6.5/3.5, NQ = 7/4 — smaller stops, larger targets.

Custom: Set your own TP and SL multipliers.

2️⃣ Watch the ATR Line

The ATR(14) value shows market volatility in points.

When ATR rises above 25, the panel adds a red “HIGH” tag — meaning price swings are larger and you may want to size down or switch to conservative mode.

3️⃣ Conservative Mode (Auto-Safety)

If enabled, the panel automatically switches to gentler multipliers (e.g. TP × 5.5 / SL × 4.5) whenever ATR > 25.
You can edit those values to fit your own comfort level.

4️⃣ Read the Panel

Each row tells you:

Row Meaning
ATR(14) Current volatility (adds “HIGH” if > 25)
TP × ATR Target distance in ticks and dollars
SL × ATR Stop distance in ticks and dollars
R:R Reward-to-Risk ratio
Preset Which mode is active + contracts + tick value
5️⃣ Use It for Entries

When you take a trade, copy the TP and SL ticks from the panel into your order ticket.
It ensures every trade has the same logic — scaled to volatility instead of emotion.

🪄 Quick Example

If ATR = 12 points on MNQ and you’re using the Standard preset:

SL = 12 × 4 = 48 ticks → $24 risk per contract

TP = 12 × 6 = 72 ticks → $36 reward per contract

R:R = 1.5 : 1

If ATR jumps above 25, it automatically warns you and, if conservative mode is on, switches to tighter settings (like TP × 5.5 / SL × 4.0).

✅ Why Traders Love It

Keeps risk/reward consistent across all setups.

Adapts automatically to volatility.

Removes guesswork and “gut feel” targets.

Perfect companion for breakout or intraday systems like Becky Breakout.