9 lines
517 B
Plaintext
9 lines
517 B
Plaintext
//@version=3
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study(title="ATR Stop-Loss", shorttitle="ATR-SL", overlay=true)
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source = input(close, title="Source")
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length = input(14, minval=1, title="Period")
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multiplier = input(1.6, minval=0.1, step=0.1, title="Multiplier")
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shortStopLoss = source + atr(length) * multiplier
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longStopLoss = source - atr(length) * multiplier
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plot(shortStopLoss, color=aqua, transp=0, linewidth=1, style=stepline, title="Short Stop Loss")
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plot(longStopLoss, color=fuchsia, transp=0, linewidth=1, style=stepline, title="Long Stop Loss") |