The Delta AT indicator is meant for determining probable stop loss and take profit levels during intraday trading.
At the moment of opening, the price is located inside the channel and crosses it in 95% of cases. A distinctive feature of the indicator is that it displays the end of the time period as forward-looking upper and lower boundaries. Among other advantages of the indicator we should also mention that it is not redrawn in time.
Having minimum number of settings, the indicator is sufficiently informative and can be adjusted for any symbol and time frame.
Hour - Works on M1, M5, M15, M30. Levels are drawn till the end of the latest hour.
Day - Works on M1, M5, M15, M30, H1, H4. Levels are drawn till the end of the latest trading day.
The Delta AT indicator can be used along with direction or flat indicators for selection the best level for a stop order.