One more version of Atr trailing stop (and take profit) indicator posted here (that is a metatrader indicator there, not a tradestation version) : https://www.mql5.com/en/forum
Chandelier exit - indicator for MetaTrader 5
Developed by Charles Le Beau and featured in Alexander Elder's books, the Chandelier Exit sets a trailing stop-loss based on the Average True Range (ATR). The indicator is designed to keep traders in a trend and prevent an early exit as long as the trend extends. Typically, the Chandelier Exit will be above prices during a downtrend and below prices during an uptrend.
Forum on trading, automated trading systems and testing trading strategies
Which strategy is best to close the position?
Sergey Golubev, 2018.03.27 06:56
Try to use this indicator.
NRTR_Revers - expert for MetaTrader 5
The EA is only working at the moment when a new bar appears (except for trailing that is active at each tick). Trade signals are formed based on indicator iATR (Average True Range, ATR) on the analysis of the High and the Low of prices within the interval.