Simple ATR StopLoss

Simple ATR Stop Loss: Your market volatility compass 🧭 that helps you navigate the treacherous waters of trading 🌊 , setting smarter Stop Losses and making you look like a trading ninja  🥷 (cape not included).

Attention all trading aficionados and market mavens! 📢 Behold, the Simple ATR Stop Loss indicator – your new best friend in the wild world of trading. 🤝  It's simpler than a two-piece puzzle 🧩 but mightier than a caffeinated bull in a china shop. ☕🐂

The ATR Trading Cheat Sheet (or How to Surf Market Waves Without Wiping Out) 🏄‍♂️ :

  1. ATR: Your Market Mood Decoder Think 🕵️‍♂️ of ATR as your market's Twitter feed. High values? It's on a tweeting rampage. 📈 Low values? It's in silent mode. 🔇 Use this intel to decide whether to dive in or watch from the shore. 🏊‍♂️👀
  2. Sizing Up and Aiming True Let ATR be your trading tailor and  🎯 target practice coach. 👔🎓 It'll help you avoid positions that feel like wearing your younger sibling's clothes and targets that are as realistic as finding a unicorn in your backyard. 🦄
  3. The Chameleon Trader's Manifesto 🦎
    • Update your ATR more often than you check your phone. Seriously. 📱
    • When the market zigs, you zag. When it zags, you... well, you get the idea. Be adaptable, like a chameleon at a disco. 💃
  4. The Multiplier: Your Secret Sauce 🧪
    • Place your stop loss like you're playing limbo with market levels. How low (or high) can you go without toppling over? 🕺
    • Experiment with multipliers like a mad scientist. 1.5? 2? 2.5? Find your Goldilocks zone. 👩‍🔬
    • Some markets are drama queens. Give them the spotlight (and a bigger multiplier) they deserve. 👑
  5. The Market Tango: Lead, Follow, or Get Out of the Way 💃🕺
    • Adjust your multiplier like you're fine-tuning a radio in a tunnel. It might sound crazy, but it works. 📻
    • Low volatility? Crank it up! High volatility? Tone it down! It's the opposite day, every day. 🔄
  6. The Trading Cocktail Mix ATR with other analysis methods like you're crafting the world's fanciest market mocktail. A splash of Moving Averages, a twist of RSI, or simple Glimpz.net, and garnish with some Fundamental News, and serve chilled. 🧊

Remember: Test your strategy more rigorously than a crash test dummy. Your trading account will thank you. 🚗💥

Now go forth, intrepid traders! 🦸‍♂️🦸‍♀️ May your stops be ever in your favor, and may the ATR guide you through the market jungle. Happy trading, and don't forget to enjoy the ride! 🎢📈🚀



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Binary Trader Master is an arrow based indicator that predicts the close of the candle. It does its analysis within one candle only. When the candle opens it requires a few moments to make the analysis and predict the close of the candle. Then it generates a signal. The indicator also allows you to apply time limits that it can use for the analysis which means that you can actually tell the indicator how much time it is allowed to have for the analysis within the candle. The indicator monitors s
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