Skully ATR Stoploss Levels

3 giorni fa

A comprehensive ATR-based stop loss indicator designed for precise risk management across all trading styles.

✨ KEY FEATURES:
- Live Price Levels: Display up to 3 real-time stop loss lines above/below current candle
- Historical Analysis: Scroll back to see ATR levels at any historical candle
- Triple ATR System: Three customizable ATR multipliers (1.0x, 1.5x, 2.0x default)
- Long/Short Separation: Independent controls for bullish and bearish setups
- Clean Interface: Minimal visual clutter with smart default settings

🎯 PERFECT FOR:
- Swing traders setting daily/weekly stops
- Day traders needing quick, precise risk management
- Position sizing based on volatility
- Multi-timeframe stop analysis (customizable in settings)

📊 HOW IT WORKS:
The indicator calculates Average True Range over your chosen period and displays stop loss levels at 1x, 1.5x, and 2x ATR distances (also customizable). Toggle individual levels on/off, and use historical steplines to analyze/backtest past setups.


⚙️ SMART DEFAULTS:
- Only ATR1 Long Level (Live Price) visible by default (to keep charts clean)
- Historical data available but invisible until needed
- Works across any timeframe and asset class
- Default colors will display cleanly on both Dark and Light charts

Perfect for traders who want professional-grade stop placement without chart clutter.

3 giorni fa

Note di rilascio

A comprehensive ATR-based stop loss indicator designed for precise risk management across all trading styles.

✨ KEY FEATURES:
- Live Price Levels: Display up to 3 real-time stop loss lines above/below current candle
- Historical Analysis: Scroll back to see ATR levels at any historical candle
- Triple ATR System: Three customizable ATR multipliers (1.0x, 1.5x, 2.0x default)
- Long/Short Separation: Independent controls for bullish and bearish setups
- Clean Interface: Minimal visual clutter with smart default settings

🎯 PERFECT FOR:
- Swing traders setting daily/weekly stops
- Day traders needing quick, precise risk management
- Position sizing based on volatility
- Multi-timeframe stop analysis (customizable in settings)

📊 HOW IT WORKS:
The indicator calculates Average True Range over your chosen period and displays stop loss levels at 1x, 1.5x, and 2x ATR distances (also customizable). Toggle individual levels on/off, and use historical steplines to analyze/backtest past setups.


⚙️ SMART DEFAULTS:
- Only ATR1 Long Level (Live Price) visible by default (to keep charts clean)
- Historical data available but invisible until needed
- Works across any timeframe and asset class
- Default colors will display cleanly on both Dark and Light charts

Perfect for traders who want professional-grade stop placement without chart clutter.

Further Explanation of the main features here...


And for further explanation, be sure to check these 3 Tooltip bubbles

3 giorni fa

Note di rilascio

Release notes:
Rebuilt script to add user-defined timeframe option, supporting custom timeframes like 7-minute, 5Hour, 2Day etc.

Also, fixed an issue with Line management for ATR1, ATR2, and ATR3. Stoploss Lines now disappear and redraw for each new candle (rather than remain on the chart)

l’altro ieri

Note di rilascio

Overview
This advanced ATR-based Stop Loss indicator is designed for traders seeking precise, customizable risk management across all trading styles, particularly trend-following systems. Built for TradingView, it offers a clean, intuitive interface with powerful features to streamline stop loss placement, historical analysis, and multi-timeframe trading strategies.

Key Features

• Dynamic Stop Loss Levels: Displays up to three real-time stop loss lines (above/below the current candle) based on the Average True Range (ATR).
  
• Flexible ATR Calculation: Calculate stop loss positions using a single candle or a user-defined range of bars, ideal for buy-stop or sell-stop strategies.
  
• Customizable ATR Multipliers: Six independent ATR-based stop loss lines (three for long positions, three for short positions) with default multipliers of 1.0x, 1.5x, and 2.0x, fully adjustable to suit your strategy.
  
• Long/Short Separation: Independent controls for bullish and bearish setups, allowing tailored risk management for each market direction.
  
• Historical Analysis: Scroll back to view historical ATR, stop loss, and price levels for any candle, simplifying backtesting and case studies.
  
• Highly Customizable: Show or hide specific plots and data, with options to adjust their display position on the chart.
  
• Minimal Chart Clutter: Smart defaults ensure a clean interface, with only the 1.0x ATR long level visible by default.
  

Ideal For

• Traders seeking clear, precise risk parameters for quick decision-making.
  
• Lower-timeframe traders (e.g., day traders, scalpers) needing rapid stop loss calculations.
  
• Analysts conducting backtesting or data collection for strategy development.
  
• Multi-timeframe traders requiring flexible stop loss analysis across different chart intervals.
  

How It Works
The indicator calculates the Average True Range (ATR) over a user-defined period (default: 14 periods) and plots stop loss levels at customizable distances (1.0x, 1.5x, 2.0x ATR by default). Traders can toggle individual levels on or off, adjust multipliers, and analyze historical stop loss levels for past setups. The indicator supports all timeframes and asset classes, including stocks, forex, crypto, and futures.


Settings and Customization
Default Configuration: Displays only the 1.0x ATR long level based on the current bar to minimize visual clutter.
Visibility Controls: Toggle visibility for each stop loss line and historical data to suit your analysis needs.
Color Scheme: Default colors are optimized for both light and dark chart themes, ensuring readability.
Tooltips: Hover over settings in TradingView for detailed guidance on each option.
Historical Data: Access past ATR and stop loss levels without cluttering the chart, ideal for backtesting.


Getting Started
Add the indicator to your TradingView chart via the Indicators menu.
Adjust settings (e.g., ATR period, multipliers, visibility) to match your trading style.
Use the historical analysis feature to review past setups or backtest strategies.


Feel free to add a comment if any questions or issues.
Refer to the TradingView chart for a visual example:

*******
IMPORTANT NOTE: Ignore ALL previous updates and release notes, as much of the information is irrelevant
*******

l’altro ieri

Note di rilascio

Refined some of the default settings.