ATR Stop Buffer

Apr 9

The ATR Stop Buffer indicator calculates the Daily Average True Range (ATR) and converts it into ticks based on the symbol's minimum price movement. It then displays the full ATR, 2% of ATR, and 10% of ATR in a clean table format, rounded up for simplicity. This tool is ideal for traders who want to set volatility-based stop-loss levels or buffers for their trades.

Key Features:
- Uses a 14-period Daily ATR for robust volatility measurement.
- Converts ATR into ticks for precise application across different instruments.
- Table display with toggle option for flexibility.
- Perfect for risk management and trade planning.

How to Use:
1. Add the indicator to your chart.
2. Use the table values to adjust your stop-loss distances (e.g., 2% ATR for tight stops, 10% ATR for wider buffers).
3. Toggle the table off if you only need the values occasionally.

Note: Works best on instruments with defined tick sizes (e.g., futures, forex, stocks).

7 days ago

Release Notes

ATR Stop Buffer displays the Daily Average True Range (ATR) and customizable percentage values in ticks, points, and USD, shown in a table. Helps traders set volatility-based stop-loss buffers.

Features:

Calculates 14-period Daily ATR in ticks and points using the symbol's tick size.
Shows customizable ATR percentages (default: 2% and 10%) for stop-loss sizing.
Displays USD values for ATR and percentages, based on symbol data.
Customizable table with options for position, colors, font size, and row visibility.

How to Use:

Add to chart and adjust "Display Options" to customize table settings and percentages.
Use table values (ticks, points, USD) for stop-loss or buffer levels.

Notes:

Best for daily charts or lower timeframes using daily ATR.
USD calculations rely on symbol data; verify asset compatibility.
Toggle percentage rows to simplify display if needed.