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INVITE-ONLY SCRIPT

ATR Trailing Stop Bands [NeoButane]

2 098
These ATR bands and trailing stops can be used as a way to manage risk, enter breakout trades, or as support/resistance.

Please see here for information about payment and access: medium.com/@NeoButane/trading-view-indicators-list-d89695cc7a06

ATR Bands Features:
  • Shape plotted for closes out of bands
  • Custom resolution
  • Bands multiplier: useful for reducing size to increase signal
  • Band smoothing type: EMA, Hull MA, or no moving average smoothing
  • Calculated in geometric mean (log scaling) to resolve issues with flash dumps or pumps
  • Alerts for closing outside of bands


ATR Trailing Stop Features:
  • Based on daily resolution timeframe
  • Trailing stop multiplier: useful for curve-fitting to your instrument's normal trading range. Recommended multiplier between 1.5-3
  • Can be used as trading range (>3) or for breakout trading (<1.5)
  • Alerts for price touching stops


Invite-only script

Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact NeoButane directly.

TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.

Author's instructions

Warning: please read our guide for invite-only scripts before requesting access.

NeoButane
My published indicators: tradingview.com/u/NeoButane/

Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
Also on:
ATRAverage True Range (ATR)bandsDaily Chartsmtftrailingstop

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
ATRAverage True Range (ATR)bandsDaily Chartsmtftrailingstop

Invite-only script

Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact NeoButane directly.

TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.

Author's instructions

Warning: please read our guide for invite-only scripts before requesting access.

NeoButane
My published indicators: tradingview.com/u/NeoButane/

Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.