OPEN-SOURCE SCRIPT
Stop ATR [TheAlphaGroup]
The Stop ATR is a volatility-based trailing stop that adapts dynamically to market conditions.
It uses the Average True Range (ATR) to plot a continuous “stair-step” line:
• In uptrend, the stop appears below price as a green line, rising with volatility.
• In downtrend, the stop appears above price as a red line, falling with volatility.
Unlike fixed stops, the Stop ATR never moves backward. It only trails in the direction of the trend, locking in profits while leaving room for price to move.
Key features:
• ATR-based trailing stop that adapts to volatility.
• Clean “one line only” design — no overlap of signals.
• Adjustable ATR period and multiplier for flexibility.
• Color-coded visualization for quick trend recognition.
How traders use it:
• Manage trades with volatility-adjusted stop placement (trailing stop).
• Identify trend reversals when price closes across the stop.
• Combine with other entry signals for a complete strategy.
It uses the Average True Range (ATR) to plot a continuous “stair-step” line:
• In uptrend, the stop appears below price as a green line, rising with volatility.
• In downtrend, the stop appears above price as a red line, falling with volatility.
Unlike fixed stops, the Stop ATR never moves backward. It only trails in the direction of the trend, locking in profits while leaving room for price to move.
Key features:
• ATR-based trailing stop that adapts to volatility.
• Clean “one line only” design — no overlap of signals.
• Adjustable ATR period and multiplier for flexibility.
• Color-coded visualization for quick trend recognition.
How traders use it:
• Manage trades with volatility-adjusted stop placement (trailing stop).
• Identify trend reversals when price closes across the stop.
• Combine with other entry signals for a complete strategy.
开源脚本
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这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
开源脚本
本着TradingView的真正精神，此脚本的创建者将其开源，以便交易者可以查看和验证其功能。向作者致敬！虽然您可以免费使用它，但请记住，重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。