ATR Entries & Stop Loss [Jigga]
This is a simple script that displays multiples of ATR and shows you where the potential zones for longing and shorting are. The majority of people use ATR as a stop loss, so we can use it for our advantage and get in when they are stopped out. There is also a possibility to add a stop loss, so a trader can lose little when he is wrong and maximize profit when he is right. It works the best in ranging markets.
Do not forget to always use a proper stop loss and risk management.
Here you can see it in action:
BTC - BitMex - Range bound market
Do not forget to always use a proper stop loss and risk management.
Here you can see it in action:
BTC - BitMex - Range bound market
Информация о релизе:
In this update I have added multi time frame functionality, changed the default values a little to give you better targets and added zone support.
Информация о релизе:
Updated the color scheme.