TSLS "Trailing Stop Loss Size"

This simple script indicates the exact and secure lot size in Pips to use. The indicator is based on the current average true range and volatility. The line also changes color based on the current volatility, so if you see the yellow color then think twice ;)

Release Notes:

New version of the TSLS, now it works with all symbols. I noticed how this volatility indicator can not only indicate the trail stop loss size, but it can also reveal reversal points, you can notice that when the volatility is high the trend is about to change.

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