ATR Stops Volatility Range Indicator

ATR Stops is an MT4 indicator that shows the size of market volatility. It helps you decide where to place your stop-loss and take-profit, so you avoid the loss from an oversized stop or the profit drawdown from an oversized target. A very practical indicator.

Main features

  • A one-line data panel that tells you the size of the volatility
  • A stop-loss reference line that helps you quickly place your stop
  • A take-profit reference line that helps you quickly place your target

Parameters

  • ATRPeriod - ATR averaging period (default 14)
  • SLmult - stop width = SLmult × ATR (default 1.5)
  • TPmult - target width = TPmult × ATR (default 2.0)
  • FontSize - label font size in points (default 10)
  • TagOffsetBars - which bar to the right of the last candle the on-line label starts from (default 3)
  • SLColor - SL line color (OrangeRed)
  • TPColor - TP line color (LimeGreen)

How to use
Add the indicator to your chart and adjust the inputs in the parameters panel. If you already know your preferred ATR multiples, just set SLmult and TPmult. The on-line label shows the point distance in real time, and the corner label shows the same numbers at a glance. The SL and TP lines are reference levels for you to place your own stops and targets; the indicator does not open or close any trades.


Yazarın diğer ürünleri
Convert server time to user local time
Hai Lei Ye
Göstergeler
TimeZone Clock is a tiny MT4 indicator that answers one question at a glance: what is the broker time converted to my local time? On the chart it looks like this: LOCAL 23:58:43 | SERV 15:58:43 | 10-02 SERV is the terminal server time, LOCAL is your own clock, and the trailing MM-DD is the server date. This little tool is useful when you want to describe trades or choose a time period to trade in terms of your local time. Features Local time, server time, server date Time accurate to the second
FREE
Candle Time Countdown Clock
Hai Lei Ye
Yardımcı programlar
Bar Countdown   is an MT4 indicator that shows the size of the current candle and exactly how much time is left before it closes. It is a practical tool that many traders rely on in high-frequency trading and short-term scalping, where a few seconds or a couple of points can decide whether a trade wins or loses. By putting the three pieces of information you check most often — time, range, and spread — directly on the chart, it helps you make faster, calmer decisions. Core functions Time — Count
FREE
Filtrele:
Değerlendirme yok
Değerlendirmeye yanıt