OPEN-SOURCE SCRIPT

ATR Stop Lines

96
ATR Stop Lines

Plots dynamic stop-loss levels on the price chart based on ATR (Average True Range). Optionally adjusts stop distance based on volatility regime.

━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━

🎯 WHAT IT DOES
  • Green line — Long stop (Close − ATR × multiplier)
  • Red line — Short stop (Close + ATR × multiplier)

Lines move with price and volatility. When regime-adjust is enabled, stop distance widens in high volatility and tightens in low volatility.

━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━

📐 REGIME-ADJUSTED MULTIPLIERS
When enabled, the multiplier auto-adjusts based on the ATR percentile:
  • LOW (< 25th pctl) — 1.0× ATR — Tight stops, small moves expected
  • NORMAL (25–50th pctl) — 1.5× ATR — Standard distance
  • HIGH (50–75th pctl) — 2.0× ATR — Wider to avoid noise
  • EXTREME (> 75th pctl) — 2.5× ATR — Widest, or skip the trade

Disable regime-adjust to use a fixed multiplier for all conditions.

━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━

📈 HOW TO USE

Entry: Note stop line level when entering a trade. Set stop-loss at or beyond that level.
Trailing: Move stop to new line level as price advances in your favor.
Sizing: Wider stop = smaller position to maintain constant risk.

Example:
BTC Daily, ATR = \$2,000, Regime = HIGH (2.0×)
Entry: \$50,000 → Long stop: \$46,000 / Short stop: \$54,000

━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━

📊 STATUS LABEL
  • VOL — Current regime (LOW / NORMAL / HIGH / EXTREME)
  • ATR — Raw ATR value in price units
  • Mult — Active multiplier
  • Stop Dist — Current stop distance in price units

━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━

⚙️ SETTINGS

ATR Settings:
  • ATR Length (default: 14)
  • Percentile Lookback (default: 100)

Timeframe:
  • Use Fixed Timeframe — Lock to specific TF
  • Fixed Timeframe (default: D)

Stop Settings:
  • Regime-Adjusted Multiplier — Toggle auto-adjust on/off
  • Base ATR Multiplier — Used when regime-adjust is off
  • LOW/NORMAL/HIGH/EXTREME Multipliers — Customize per regime

Display:
  • Show Long Stop / Show Short Stop
  • Show Status Label
  • Long/Short Stop Colors

━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━

🔔 ALERTS
  • Vol → EXTREME
  • Vol → LOW

━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━

💡 COMPANION INDICATOR

Use with ATR Volatility Regime (separate pane) for full context:
  • Pane indicator → percentile visualization, zone backgrounds
  • This indicator → actionable stop levels on price chart

Both use identical ATR/percentile logic and stay in sync.

━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━

📝 NOTES
  • Works on any timeframe
  • Stops are dynamic — recalculate each bar
  • Not a signal generator — use with your own entry logic

━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━

🏷️ TAGS

ATR, stop-loss, volatility, risk-management, position-sizing, trailing-stop, swing-trading

Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.