OPEN-SOURCE SCRIPT
ATR Bands With TM
This indicator plots the Target (2.4 times ATR) and Stop Loss (1.2 times ATR) based on the 5-day ATR value for both long and short trades. If needed, you can also set indicator time frame.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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