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oberon2007
May 9, 2019 7:20 AM

TP/SL calculator (ATR) 

COINBASE:BTCUSD1D
Bitcoin / United States DollarCoinbase

Description

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This calculates takeprofits and stoploss based on current ATR (average true range) and plots the targets as an overlay

oberon.at/oberon/src/Screenshot from 2019-05-09 08-58-26.png

Alternatively it can display a trailing stop loss target

oberon.at/oberon/src/Screenshot from 2019-05-09 09-00-45.png

Release Notes

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Add offset to print price target one bar forward.

Release Notes

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Added second take profit target.

Release Notes

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fresh chart

Release Notes

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- added take profit 3 (ATR * 3)
- thinner lines by default

Release Notes

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Update to pine script v4

- introduce "switch resolution"
- introduce "show last" option to set number of values to show
- make offset configurable
Average True Range (ATR)takeprofitstoploss
Comments
Deane1995
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hello mate, does this repaint?
oberon2007
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@Deane1995, I'm not really sure what you mean. After a candle has closed there isn't anything to repaint, as the ATR won't change. While a candle hasn't closed, yes of course the current print will be adjusted realtime. Just try it out and it will be obvious... ;)
mpolokenggomolemo08
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Good
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