ATR SL/TP

31 ago

Stop Loss Finder ATR

A Stop Loss Finder ATR indicator is a dynamic risk management tool leveraging the Average True Range (ATR) to identify and track optimal stop-loss levels based on current market volatility.

A stop hunt indicator is a technical tool designed to identify potential instances where large market participants, often referred to as "smart money," deliberately move the price to trigger a large number of stop-loss orders, creating a temporary price distortion before reversing the trend. These indicators aim to help traders detect these events to either avoid being stopped out or to enter trades in the direction of the anticipated reversal.

For example, a long wick below support with high volume may signal a bullish stop-hunt, indicating that the price has been driven down to trigger sell-stop orders before reversing upward. Conversely, a long wick above resistance with high volume may signal a bearish stop-hunt, suggesting the price was pushed up to trigger buy-stop orders before reversing downward. The presence of such wicks is often associated with candlestick patterns like hammers or shooting stars.

Unlike fixed stop-losses, this indicator adapts its distance from the current price using a customizable ATR multiplier, ensuring that stop-loss levels are neither too tight (prone to being triggered by normal market noise) nor too wide (exposing capital to excessive risk). The core function calculates the true range—considering the current high-low range, gaps up, and gaps down—over a user-defined period (typically 14 bars), then applies a multiplier to generate a volatility-adjusted stop-loss distance. This approach allows the indicator to dynamically widen stops during high-volatility periods and tighten them during calm markets, providing a more responsive and context-aware exit strategy.

31 ago

Notas de prensa

Stop Loss Finder ATR

A Stop Loss Finder ATR indicator is a dynamic risk management tool leveraging the Average True Range (ATR) to identify and track optimal stop-loss levels based on current market volatility.

A stop hunt indicator is a technical tool designed to identify potential instances where large market participants, often referred to as "smart money," deliberately move the price to trigger a large number of stop-loss orders, creating a temporary price distortion before reversing the trend. These indicators aim to help traders detect these events to either avoid being stopped out or to enter trades in the direction of the anticipated reversal.

For example, a long wick below support with high volume may signal a bullish stop-hunt, indicating that the price has been driven down to trigger sell-stop orders before reversing upward. Conversely, a long wick above resistance with high volume may signal a bearish stop-hunt, suggesting the price was pushed up to trigger buy-stop orders before reversing downward. The presence of such wicks is often associated with candlestick patterns like hammers or shooting stars.

Unlike fixed stop-losses, this indicator adapts its distance from the current price using a customizable ATR multiplier, ensuring that stop-loss levels are neither too tight (prone to being triggered by normal market noise) nor too wide (exposing capital to excessive risk). The core function calculates the true range—considering the current high-low range, gaps up, and gaps down—over a user-defined period (typically 14 bars), then applies a multiplier to generate a volatility-adjusted stop-loss distance. This approach allows the indicator to dynamically widen stops during high-volatility periods and tighten them during calm markets, providing a more responsive and context-aware exit strategy.