PROTECTED SOURCE SCRIPT

Hidden Average True Range

Updated
Script to help you find appropriate stop placement

ATR of Time frame you are in (HTF are better) * 1.55 = x

if short : x + close = STOP
of long : x - close = STOP

Release Notes
noticed a scripting and display error!
Release Notes
Less variables more concrete settings
One may change the period to 25 but 14 is standard :)
Release Notes
Due to chart viewing errors i moved the ATR to its own pane.

Same idea


Stops is the ATR +/- the close !
Average True Range (ATR)moneymanagement

Protected script

This script is published closed-source and you may privately use it freely.

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