OPEN-SOURCE SCRIPT
Daily ATR SL/TP Labels on Chart
ATR-Based Stop Loss & Take Profit Calculator
This script calculates 20% of the Average True Range (ATR) to determine optimal Stop Loss and Take Profit levels. Designed to assist traders in setting precise risk parameters when placing Buy/Sell orders based on daily market volatility.
Key Features:
Computes 20% of ATR value for proportional risk management
Provides dynamic SL/TP levels aligned to current market conditions
Optimised for Daily timeframe analysis to capture full trading day range
Recommended Usage:
Apply on Daily (1D) timeframe for most accurate results, as this captures the complete intraday price movement and provides reliable volatility measurements for position sizing and risk management decisions.
This script calculates 20% of the Average True Range (ATR) to determine optimal Stop Loss and Take Profit levels. Designed to assist traders in setting precise risk parameters when placing Buy/Sell orders based on daily market volatility.
Key Features:
Computes 20% of ATR value for proportional risk management
Provides dynamic SL/TP levels aligned to current market conditions
Optimised for Daily timeframe analysis to capture full trading day range
Recommended Usage:
Apply on Daily (1D) timeframe for most accurate results, as this captures the complete intraday price movement and provides reliable volatility measurements for position sizing and risk management decisions.
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。