ATR+ (Stop Loss Indicator)

2017年11月2日

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.

2019年2月17日

發行說明

Minor improvements

2019年3月4日

發行說明

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

2019年3月4日

發行說明

Minor improvements to display chart.

2019年3月4日

發行說明

Minor improvements.

2019年9月15日

發行說明

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

2020年10月1日

發行說明

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

2022年2月1日

發行說明

Updated to Pine Script v5