ATR sltp
- Indicatori
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Kizhi Hamashima
I am a self-taught MQL5 EA developer specializing in XAUUSD (Gold) scalping strategies, with over 8 years of hands-on trading experience. My focus is on building robust, rule-based Expert Advisors that perform consistently under real market conditions. All EAs are developed and tested on XM Trading - Versione: 2.3
- Aggiornato: 22 aprile 2026
ATR SL/TP lines + lot size calculator for MT5 (XAUUSD / Gold, Forex, BTC). Free.
Type an entry price and the panel instantly draws an ATR-based stop loss and a 2:1 take profit, and shows the lot size for your risk %. Up to 3 slots, alerts and limit-order support.
The problem most discretionary traders face
You entered at the right place. The market moved in your direction. But somehow, you ended up with a loss.
The entry wasn't wrong. The problem was your SL and TP placement.
Setting SL and TP based on feel leads to inconsistent results — too tight and you get stopped out by wicks, too wide and losses pile up. This indicator solves that.
What ATR_SLTP v2 does
Type an entry price into the panel and instantly get:
・ATR-based SL line — adapts to current market volatility ・RR 2:1 TP line — automatically calculated from SL distance ・Recommended lot size — based on account balance and risk %
No manual calculation needed. Everything updates in real time.
Key Features
① ATR-Based SL/TP Calculation Uses Average True Range to set SL width based on current volatility — not fixed pips. Wider SL in volatile conditions, tighter SL when markets are quiet. Significantly reduces wick-based stop-outs.
② 3-Slot Management Register up to 3 different entry prices simultaneously (S1, S2, S3). Each slot displays its own SL/TP lines. Slots with registered prices are highlighted in the panel.
③ Lot Size Calculator Set your risk % and the indicator calculates the appropriate lot size based on your account balance and SL distance. Works with GOLD, FX, and crypto.
④ SL/TP Alert System Receive MT5 alerts and push notifications when price approaches SL or TP zones. Stay informed without watching the chart constantly. Alert zone width is adjustable via ATR multiplier.
⑤ Limit Order Support Enter your intended limit order price to preview SL/TP placement before placing the order. Know your exact risk before you commit.
⑥ Japanese / English UI Switch between Japanese and English via input parameter.
Who this is for
・Traders who set SL/TP based on feel ・Traders tired of being stopped out by wicks ・Traders managing multiple positions simultaneously ・Anyone who wants automatic lot sizing by risk % ・Traders who need alerts when away from the chart
Compatibility
・MetaTrader 5 only ・All symbols: GOLD, XAUUSD, FX pairs, BTC, indices ・All brokers supported
Parameters
UI_Language Japanese Switch UI language ATR_Period 14 ATR calculation period ATR_Mult 1.5 SL width multiplier RR_Ratio 2.0 Risk/reward ratio Risk_Percent 1.0 Account risk % for lot sizing Alert_Enable true Enable/disable alerts Alert_ATR_Mult 0.3 Alert zone width (ATR x multiplier) line_width 2 Line thickness
Recommended Usage
If trading M15, set ATR timeframe to H1. Using one higher timeframe ATR reduces wick-based stop-outs significantly.
Manual (Japanese / English) https://drive.google.com/drive/folders/1xM36P2nT9oIqnkjjhDoL-6dDOEbosaWm?usp=drive_link
Disclaimer This indicator is a discretionary trading aid. It does not constitute investment advice and does not guarantee profits. All trading decisions are the sole responsibility of the user. Past results do not guarantee future performance.
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If this tool is useful to you, a short review helps other traders find it. For questions or feature requests, please use the Comments tab.
Other free tools by the same author: MarketEnvNavi (multi-pair market scanner) and GoldSurge (XAUUSD H1 breakout EA).
