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StopATR_auto.mq5 (9.57 KB) view

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Automated calculation of Stop Loss levels based on the Average True Range indicator (ATR) indicator.

Calculation method:

The "Max" level: add to the Open price the ATR value multiplied by "Target"
The "Min" level: subtract from the Open price the ATR value multiplied by "Target"

StopATR_auto

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/18674

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StopATR_auto - indicator for MetaTrader 5