It was designed with cryptocurrency trading in mind. Settings For a more conservative stop loss use 2 and for a tighter stop loss use 1. A stoploss system that enables traders to exit with limited loss or even trailing loss. Step 1. Let's examine these steps and the code they require. ATR Trailing Stop Loss Indicator in TradingView - Stack Overflow The Average True Range is calculated as the candle's high-low. Average True Range (ATR) — Indicatori tecnici - TradingView 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. We show the strategy's values on the chart with TradingView's plot() function.The first plot() statement shows the 350-day moving average (smaValue).We name that plot 'SMA' and colour it orange.. Trailingstop — Indicators and Signals — TradingView Optional: set trailing stop percentage with inputs. ATR Trailing Stops. ATR and stop loss prices are displayed in table at bottom of screen. ATR+ (Stop Loss Indicator) by ZenAndTheArtOfTrading — TradingView For example; You want to stop loss below 3 ATR. ATR Stock Price and Chart — NYSE:ATR — TradingView — India 1st number is ATR. For a more conservative stop loss use 2 and for a tighter stop loss use 1. SUPERTREND ATR WITH TRAILING STOP LOSS — Strategy by exit490 Example : For long Nifty Future at 14990 levels, when Indicator is showing 14820 at bottom on a 30 min chart, 14820 can be used as a stop . The strategy will close your operation when the market price crossed the stop loss. ATR Trailing Stops | Learn with Stockopedia For short trades, the stop loss price is calculated by adding the current ATR value to the highest-high of the given lookback period. For short trades, the stop loss price is calculated by adding the current ATR value to the highest-high of the given lookback period. Average True Range (ATR %) Stop Loss Calculator ## MORE BACKTEST The strategy will ride up your stop loss when price moviment 1%. The take profit is calculated by subtracting one ATR from your entry price. That indicator helps us to determine the stop loss levels or prices in terms of atr levels. Stop-loss — Göstergeler ve Sinyaller — TradingView
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