💥The Auto Trailing Stop-Loss indicator is a technical indicator that uses the ATR (Average True Range) to calculate a trailing stop-loss for both long and short positions.
💥The signals according to the indicator allows traders to exit from the position before its too late! The indicator can be used to determine when to enter and exit trades.
💥To use the...
// Based on Normalized Smoothed MACD by Dreadblitz
Old one was just an oscillator, I changed a few things
1) It now paints the line green/orange
2) The trigger (green/red) is now based on a signal
3) The signal is basically isUp, but with some additional controls, e.g.
4) (new) There is an embedded stoploss. This is a growth/decay function that decays...
