Hi, A setting higher than one on the "shift" crashes the indicator. Please check.

ATR Exit EURGBP,M15: array out of range in 'Atr Exit.mq4' (130,29)

Hi Artur, 

Thanks for pointing this out. I uploaded version 1.8 which fixes this issue. 

Here is EURGBP M15 with shift=2 and it shows now: 

Good question. As it is an indicator, you are right; it cannot automate your trailing stop loss. 

However, my Ultimate Trailing Stop EA (UTS) can automate the trailing stop of ATR and 11 other indicators, plus do a lot more. 

You can download for free a fully functional version of UTS for AUDJPY, USDJPY, USDCAD and NZDUSD:

https://www.mql5.com/en/market/product/52434 

You can download for fee a fully functional version for all instruments with 30 day expiration: 

https://replug.link/d5926cd0

You can puchase a full version for all instruments: 

https://www.mql5.com/en/market/product/52283

Cheers, 

Blake

This indicator cannot automatically close trades by itself. No indicator can. 

However, the Ultimate Trailing Stop EA that uses this indicator can close trades: 
https://www.mql5.com/en/market/product/52283

хороший индикатор, пятерочка

Thanks Paruk, I appreciate it. It would help if you can post this review in the review section. 

Very nice!

Is it possible to calculate ATR stoplines relative to highs and lows of the candles. (not just closing price)

Hi Blake,

What does the shift option do?

Thanks