This indicator is most helpful on the daily timeframe but can be used for all timeframes . Step 1. Stop Loss With Average True Range (ATR) — Indicatore di GormYa 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. Stop-loss — 技术指标和信号 — TradingView While the data is plotted what is most helpful are the actual numbers presented and for my charts I remove most of the plotting. This Indicator uses Average True Range (ATR) to determine a safe place to put stop losses to avoid being stop hunted or stopped out of a trade due to a tight stop loss. ATR Stop-Loss — Indicator by garethyeo — TradingView India The second number in green is your trailing stop loss price for Long trades, and the third number in red is your trailing stop loss price for Short trades. Stoploss — ตัวชี้วัดและสัญญาณ — TradingView For a more conservative stop loss use 2 and for a tighter stop loss use 1. Let's assume the price is 100, the average true range is 5. Stop-loss — Göstergeler ve Sinyaller — TradingView ATR Stop Loss Finder. ATR SL (Average True Range) Stop Loss - pl.tradingview.com ATR — Indicators and Signals — TradingView — India Stop-loss — 技術指標和信號 — TradingView ATR Stock Price and Chart — NYSE:ATR — TradingView — India Let's examine these steps and the code they require. The next two plot() function calls show the ATR channel's upper and lower band on the chart. Stop Loss With Average True Range (ATR) — Indicador por GormYa When applied to a bull market, this trend-following strategy will open long . A stoploss system that enables traders to exit with limited loss or even trailing loss. While the data is plotted what is most helpful are the actual numbers presented and for my charts I remove most of the plotting. For a more conservative stop loss use 2 and for a tighter stop loss use 1.
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