OPEN-SOURCE SCRIPT

Simple ATR Trailing Stop

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This Pine Script v6 indicator overlays a Chandelier Exit-style ATR trailing stop on TradingView charts. It calculates volatility using ATR(14) with a customizable multiplier (default 3.0), plotting green long stops below highs and red short stops above lows. Ideal for swing trading, it dynamically adjusts exits to lock in profits while adapting to market volatility—toggle lines for longs/shorts as needed.

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