PROTECTED SOURCE SCRIPT

ATR-Based Stop Loss & TP (Last Bar Only, Styled, Dynamic RR)

320
ATR-Based SL/TP (Last Bar Only, Styled, Dynamic RR)

This indicator calculates SL and TP levels based on the 30-bar Average True Range (ATR) and displays them as horizontal lines on the chart.

Features:
- Separate SL and TP lines for Long and Short positions.
- Long SL: red solid line
- Long TP: green solid line
- Short SL: red dashed line
- Short TP: green dashed line
- Lines extend to the right, based on the last bar only.
- Labels are displayed to the right of the lines and remain fixed.
- Risk:Reward ratio (R:R) is adjustable via input.

Inputs:
- ATR Length: period used for ATR calculation
- ATR Multiplier: ATR multiplier for SL/TP distance
- Bars for Average ATR: number of bars to calculate average ATR (default: 30)
- Risk:Reward: desired R:R ratio
- Label Right Offset Bars: number of bars to shift the label to the right for better visibility

Usage: Visualizes SL and TP levels for the last bar only. Lines and labels update automatically with each new bar.

면책사항

해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.