Sl/TP Daynamic Based on ATR

ieri

ATR Stop Loss Compact with Lines
By salarbb

This script calculates dynamic Stop Loss and Take Profit levels based on the Average True Range (ATR). It’s designed for traders who want a clean and flexible way to map volatility-adjusted SL and TP zones directly on the chart.

Features:

Uses a custom entry price or defaults to the current candle close

Calculates Long and Short stop loss and take profit levels using adjustable ATR and R multipliers

Draws visual lines for SL and TP levels with optional toggle controls

Includes a compact table showing SL, risk value (R), and TP for both long and short directions

Table position and visibility settings are fully user-configurable

This tool is handy for traders who size their positions externally and want to align stop zones with actual market volatility instead of arbitrary numbers. It’s simple, focused, and designed for practical use.

Use it as part of your planning process, not as a signal or system.
Drop a message on Twitter for me with your TradingView ID. I will grant you access for free.
x.com/salarbb

ieri

Note di rilascio

ATR Stop Loss Compact with Lines
By salarbb

This script calculates dynamic Stop Loss and Take Profit levels based on the Average True Range (ATR). It’s designed for traders who want a clean and flexible way to map volatility-adjusted SL and TP zones directly on the chart.

Features:

Uses a custom entry price or defaults to the current candle close

Calculates Long and Short stop loss and take profit levels using adjustable ATR and R multipliers

Draws visual lines for SL and TP levels with optional toggle controls

Includes a compact table showing SL, risk value (R), and TP for both long and short directions

Table position and visibility settings are fully user-configurable

This tool is handy for traders who size their positions externally and want to align stop zones with actual market volatility instead of arbitrary numbers. It’s simple, focused, and designed for practical use.

Use it as part of your planning process, not as a signal or system. Message me on Twitter to give you access for free. Cheers

8 ore fa

Note di rilascio

fixed some issues and added more options.