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xPineScript/xIndicators/x-saherelm.atr.stop.loss.pine
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2024-01-25 04:07:49 +03:30

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///////////////////////////////////////////////////////
//
// SaherElm IT Center ATR StopLoss Indicator
// ---------------------------------------------
// saherelm implementation of above indicator ...
//
// Maintainer:
// ------------
// Hadi Khazaee Asl (hadi_khazaee_asl@yahoo.com)
//
//////////////////////////////////////////////////////
//
//@version=5
indicator(title="SaherElm ATR StopLoss Indicator", shorttitle = "XS_ATRSL_IND", overlay = true)
//
// START Inputs ....
//
source = input(low, title = "Source")
length = input.int(defval = 14, minval = 1, title = "Period")
multiplier = input.float(defval = 1.6, minval = 0.1, step = 0.1, title = "Multiplier")
//
// END Inputs ....
//
//
// START Functions ....
//
//
// END Functions ....
//
//
// START Calculations ....
//
longStopLoss = source - ta.atr(length) * multiplier
shortStopLoss = source + ta.atr(length) * multiplier
//
// END Calculations ....
//
//
// START Plots ....
//
plot(series = shortStopLoss, color = color.aqua, linewidth = 1, style = plot.style_stepline, title = "Short Stop Loss")
plot(series = longStopLoss, color = color.fuchsia, linewidth = 1, style = plot.style_stepline, title = "Long Stop Loss")
//
// END Plots ....
//
//
// START Alerts ...
//
// END Alerts ...
//
//////////////////////////////////////////////////////
// TODOS:
// -------
// - []
//////////////////////////////////////////////////////