This indicator is a variation of a chandelier volatility stop using an average true range. The indicator draws a green support line in an uptrend and a red resistance line in a downtrend. The signals normally should be used as exit triggers.
Versionshinweise:
Changed the calculation of the stop value from highest high and lowest low to close.
Versionshinweise:
Changed multiplier from integer to float.
Versionshinweise:
Chart plot corrected