Nifty ATR Manager (NKS)

🎯 WHAT IS THIS INDICATOR?
The Nifty ATR Manager is a comprehensive volatility and risk
management tool that helps you:
✓ Measure current market volatility
✓ Set dynamic stop-loss levels
✓ Calculate take-profit targets
✓ Manage position sizing
✓ Identify volatility regimes

⚖️ DISCLAIMER
This indicator is for educational and informational purposes only. Past performance does not guarantee future results. Always: • Paper trade before going live • Risk only what you can afford to lose • Consult a financial advisor for investment decisions • Understand that all trading involves risk
✅ CHECKLIST BEFORE TRADING
□ ATR period set correctly (14 for most cases)
□ SL multiplier appropriate for timeframe
□ Position size calculated (max 2% risk)
□ Stop loss level noted and accepted
□ Take profit targets identified
□ Chart is on correct symbol (Nifty/Bank Nifty)
□ Current ATR value is normal (not spiked)
□ No major news scheduled for next 2 hours, "Happy Trading"