- You don't need an indicator. Just multiply ATR by n and add/subtract the result from the market.
- Most recommendations have n in the range 2.5 … 4.0

You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
Ive looked thru all the ATR indicators and none seem to do what I need.
I would like one where you could just multiply the ATR value by 1.5 for a stop loss value
if the ATR was at 0.0100 multiply it by 1.5 to get 0.0150 to use as a stop loss
Does this exist??
I use this for back testing its a lot faster that doing the math. I normally backtest 3 years or so, its nice to just have a quick reference when backtesting.
I made one in tradingview but this language is over my head