[CP]ATR Triple Stop Loss Levels

Apple Inc.NASDAQ

설명

⋅ 2020년 7월 23일 오후 6시 12분

ATR based Triple Stop Loss levels that are plotted on the chart (like moving averages!).

With ATR Levels plotted on the price chart itself, you can better set your volatility based trailing Stop Loss.
Also helps to define the SL when making an entry into a stock.

Note:
This indicator is supposed to be used on Daily and Weekly Charts.
For other timeframes you would need to tweek the default parameters.

릴리즈 노트

⋅ 2020년 8월 14일 오후 5시 48분

Amped up the indicator with Triple Stop Loss Levels on both Long and Short Sides.
Also added an option of a Simple Moving Average for taking better decisions.

Check the indicator settings to get a complete idea of what is possible.

Volatility Average True Range (ATR)stoploss stoplosshunt ATR stoplosshunting

코멘트

ChoppyMarket

⋅ 2023년 3월 11일 오후 1시 26분

Hello Brother, How to use this for intraday levels ?

pranjalchaubey

⋅ 2023년 3월 12일 오후 7시 24분

@ChoppyMarket, you can use it to set your Stop Loss on 5m timeframes. Typically anything between 1 ATR to 1.5 ATR is a good place to mark your SL, depending upon your backtest results.