ATR Risk Engine
It defines stop-loss and take-profit levels based on current market volatility, allowing traders to maintain consistent risk behavior across different symbols, timeframes, and market conditions.
This is not a signal indicator.
It is a risk framework built to integrate seamlessly with existing strategies.
Key Features
- ATR-based Stop Loss and Take Profit levels
- Risk based position sizing using account size, risk per trade, and stop distance
- Customizable ATR multipliers
- Long / Short trade mode toggle
- Risk distance displayed in:
- Dollar value
- Percentage
- Price distance
- Clean on-chart visualization with status-line readouts - Fully protected, invite-only script
Why Use ATR-Based Risk?
Fixed-price stops ignore volatility.
ATR Risk Engine dynamically adjusts risk to current market conditions, helping traders avoid stops that are too tight in high volatility or too loose in low volatility.
The result is proportional, repeatable risk management, regardless of the instrument traded.
Intended Use
- Trade planning and execution
- Risk normalization across markets
- Consistent stop and target placement
- Works with discretionary or systematic strategies
Who This Is For
✔ Traders who already have defined entries
✔ Traders focused on process and discipline
✔ Active day traders and swing traders
✖ Not a buy/sell signal
✖ Not a standalone strategy
✖ Not designed for automated “set and forget” trading
Disclaimer
This indicator is provided for educational and informational purposes only.
It does not constitute financial advice and does not guarantee performance.
Trading involves risk.
Display Examples
- Stop Loss / Take Profit price levels with position size (status line)
- Risk distance shown in dollar terms ($)
- Risk distance shown as percentage (%)
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact Just-Jake 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
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact Just-Jake 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.