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7001

Rating:

(19)

Published:

23 January 2012 at 11:18

Updated:

22 November 2016 at 07:32

sl_atr.mq5 (6.4 KB) view

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Real author:

Vladimir Hlystov

The indicator creates areas of preferable stop-losses location for long and short positions at any time. That can be useful for trailing stop operation.

Clouds borders consist of stop-loss high and low values for Buy and Sell positions.

SL_ATR

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/706

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SL_ATR - indicator for MetaTrader 5