Little tool to quickly identify stops and take-profit levels based on Average True Range. User can change ATR multipiers, as well as the ATR length used. Green and red lines show these levels; plot is visible over last 8 bars only to reduce clutter. Label showing the current ATR, up above the last bar
Информация о релизе
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-Added Dynamic Boxes. When you add indicator to chart; click on chart to set an 'Entry start' time. Thereafter you can slide this vertical blue dotted line as you like, or input current time/date. -Dynamic RR box based off realtime bar (repainting) or previous bar (no repainting): toggle choice. -User can toggle on/off long/short; as well as the original TP/SL lines and ATR label.
How do I actually use it? I have the script on, but how do I open it to show me my tp and SL, if I press long or short position on my tools it only does default not your ATR
twingall
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@connorvice, its just a visual aid.. so you can manually draw your long/short position in the correct place
twingall
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@connorvice, Added dynamic boxes now so it will actually print the RR box
AlexCar
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Thanks! Is there anyway to go further then 8 bars back? Can I just modify the Plot section and put how many bars I want?
twingall
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@AlexCar, yes just change the 8 to number of bars you want, or delete the show_last part to plot across all of price
AlexCar
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@twingall, Thanks so much. Great tool! I appreciate it.
FullDegenMode
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Hello, thank you for this indicator, i have a question. What is the yellow mark on top of the dotted line?
Can I set an alarm when the value of the long or the short is greater than a certain % in a single alarm? to enter interesting variation trades with a single notice in any direction.
If not, what would be the best way to program them saving alarms?
murse_money
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Thank you for making it available. Would it be possible to update the script so that their is a choice between picking the time or an entry price? Would it be possible to manually enter an entry price in the input section or click on it so if I wanted to click on 1 tick above or below the previous candle etc