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Average True Range Take profit (ATR)

Average True Range Take Profit
An objective method of determining an initial Take Profit and Stop Loss, based on true market volatility and not arbitrary price levels.
Take Profit Levels and Stop Loss Levels are calculated based on multiples of Average True Range
Features & Functions
Option to switch between long or short
Default Value
Take Profit 1 = 1x ATR.
Take Profit 3 = 2x ATR.
Take Profit 5 = 3x ATR.
Stop Loss 2 = 1.5x ATR.
Basline 13 exponential moving average (EMA) (2)
Extra options ATR
Take Profit 2 = 1,5x ATR.
Take Profit 4 = 2,5x ATR.
Take Profit 6 = 3,5x ATR.
Take Profit 7 = 4x ATR.
Take Profit 8 = 4,5x ATR.
Take Profit 9 = 5x ATR.
Stop Loss 1 = 1x ATR.
Stop Loss 3 = 2x ATR.
Extra options MA
Simple moving average (SMA) (1)
Weighted Moving Average (WMA) (3)
Hull moving average (HMA) (4)
Volume Weighted Moving Average (VWMA) (5)
R moving average (RMA) (6)
Triple exponential moving average (TEMA) (7)
An objective method of determining an initial Take Profit and Stop Loss, based on true market volatility and not arbitrary price levels.
Take Profit Levels and Stop Loss Levels are calculated based on multiples of Average True Range
Features & Functions
Option to switch between long or short
Default Value
Take Profit 1 = 1x ATR.
Take Profit 3 = 2x ATR.
Take Profit 5 = 3x ATR.
Stop Loss 2 = 1.5x ATR.
Basline 13 exponential moving average (EMA) (2)
Extra options ATR
Take Profit 2 = 1,5x ATR.
Take Profit 4 = 2,5x ATR.
Take Profit 6 = 3,5x ATR.
Take Profit 7 = 4x ATR.
Take Profit 8 = 4,5x ATR.
Take Profit 9 = 5x ATR.
Stop Loss 1 = 1x ATR.
Stop Loss 3 = 2x ATR.
Extra options MA
Simple moving average (SMA) (1)
Weighted Moving Average (WMA) (3)
Hull moving average (HMA) (4)
Volume Weighted Moving Average (VWMA) (5)
R moving average (RMA) (6)
Triple exponential moving average (TEMA) (7)
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya secara bebas dan tanpa apa-apa had – ketahui lebih di sini.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya secara bebas dan tanpa apa-apa had – ketahui lebih di sini.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.