ATR Stop Loss — Indicator by prodikl

Adds an indicator that can be used to set stop losses.
This is the close price minus the ATR + 10%.
The 10% is there to let the market perform and avoid whipsaws.

Release Notes:

Added input controls to modify atr days lookback and modifier

Release Notes:

This version allows input of the days to use for the ATR and the modifier (defaults to 110% percent of ATR)

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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