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PROTECTED SOURCE SCRIPT

ATR Entries & Stop Loss [Jigga]

By Jigga_StRiKeR
Updated
This is a simple script that displays multiples of ATR and shows you where the potential zones for longing and shorting are. The majority of people use ATR as a stop loss, so we can use it for our advantage and get in when they are stopped out. There is also a possibility to add a stop loss, so a trader can lose little when he is wrong and maximize profit when he is right. It works the best in ranging markets.

Do not forget to always use a proper stop loss and risk management.

Here you can see it in action:

BTC - BitMex - Range bound market
snapshot
Release Notes
In this update I have added multi time frame functionality, changed the default values a little to give you better targets and added zone support.
Release Notes
Updated the color scheme.
ATRAverage True Range (ATR)bandsBTClongingrangerangeboundshortingstoplosszones

Protected script

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

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