thamermadani

ATR Plotter

This is an Average True Range plotting indicator that i myself use to get me the Stop Loss and Take Profit targets.

going through the settings, you can choose the multiplier you need; whether its 2, 3 or any other value

you can also change the smoothing, where the ATR can be based on EMA, SMA or any of the other types included.

lastly, i know that some traders use the ATR differently, so i included the source type of each ATR. the default is on Close but you can change it to High and low if you need to.
Protected script
This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?