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ATR Stop Level Checker

443
Dynamic position sizing indicator - calculates difference of ATR of last price.

Manually input risk based on your account size = If 100,000 account, risk 0.5% a trade = $500 risk
This calculates shares based on ATR and LOD.

Changeable settings of 3 ATR % lines

If atr = 1

50% = .5
66% = .66
100% = 1

I use this to make sure my stop is never more than 1 ATR, and that my entry isn't extended from the low of day - letting me know my entry is not extended intraday. Jeff Sun uses 60% LOD maximum, this ensures he takes an optimal entry and his risk is not considered extended of the ATR.
הערות שחרור
Dynamic position sizing indicator - calculates difference of ATR of last price.

Manually input risk based on your account size = If 100,000 account, risk 0.5% a trade = $500 risk
This calculates shares based on ATR and LOD.

Changeable settings of 3 ATR % lines

If atr = 1

50% = .5
66% = .66
100% = 1

I use this to make sure my stop is never more than 1 ATR, and that my entry isn't extended from the low of day - letting me know my entry is not extended intraday. Jeff Sun uses 60% LOD maximum, this ensures he takes an optimal entry and his risk is not considered extended of the ATR.

Update V2 added Long/Short option

כתב ויתור

המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.