OPEN-SOURCE SCRIPT
ATR-Stop-Survival
How to Use the ATR-Stop-Survival Indicator
This indicator was designed to prioritize functionality, removing unnecessary elements and focusing only on what is essential for survival in the financial market. It is easy to understand for both beginner and experienced traders, avoiding visual clutter and unnecessary buttons.
Key Features:
Uses only 1 indicator on the chart, unlike the previous version, which consumed 2 indicators.
Recommended for 4-hour timeframes. If desired, it can also be used in 2-hour or 3-hour intervals.
Not recommended for daily, weekly, or monthly timeframes, as they are too long and may lead to significant financial losses due to stop-loss activation.
ATR Period Adjustment: The default is 14, but it can be set to 20, if preferred.
ATR Multiplier Settings:
1.5 (Conservative) → For calm and stable assets.
2.0 (Aggressive) → For volatile, fast-moving assets with high candle retracement.
This indicator is a practical tool that ensures clarity and efficiency, allowing traders to focus only on critical market movements without distractions.
This indicator was designed to prioritize functionality, removing unnecessary elements and focusing only on what is essential for survival in the financial market. It is easy to understand for both beginner and experienced traders, avoiding visual clutter and unnecessary buttons.
Key Features:
Uses only 1 indicator on the chart, unlike the previous version, which consumed 2 indicators.
Recommended for 4-hour timeframes. If desired, it can also be used in 2-hour or 3-hour intervals.
Not recommended for daily, weekly, or monthly timeframes, as they are too long and may lead to significant financial losses due to stop-loss activation.
ATR Period Adjustment: The default is 14, but it can be set to 20, if preferred.
ATR Multiplier Settings:
1.5 (Conservative) → For calm and stable assets.
2.0 (Aggressive) → For volatile, fast-moving assets with high candle retracement.
This indicator is a practical tool that ensures clarity and efficiency, allowing traders to focus only on critical market movements without distractions.
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.