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bahadirkisbet
Jun 15, 2021 5:43 PM

ATR SL 

1INCH / TetherUSBinance

Description

Hi traders,

As you know, ATR trailing stop is very popular indicator. So I decided to make my own one.

The logic is simple.

If the price is above the RMA(src,len), then put a SL at OPEN - ATR value of that time period
otherwise, put a SL at OPEN + ATR value of that time period.

Stay safe ^^

Release Notes

You now can choose which MA you want for your trend direction. Also you can show the MA.

Both side SL is added in case of taking a position against the trend.

Release Notes

Typo mistake
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