OPEN-SOURCE SCRIPT
Updated ATR Stop & Target Visualizer
A simple, visual risk-planning tool for any market or timeframe.
Choose a direction (Long/Short) and the indicator plots an ATR-based
stop-loss, three reward-to-risk targets (TP1, TP2, TP3), shaded
risk / reward zones, and a live trade-plan table summarizing entry,
stop, targets, R:R math, ATR value, dollar risk, and a simplified
position-size estimate.
Also includes an optional Market Context panel showing ATR %, RSI,
ADX, volatility class, and session state — so the risk plan sits
alongside the environment reading you're planning against.
FEATURES
- ATR-based stop distance with selectable smoothing (RMA/SMA/EMA/WMA)
- Three reward-to-risk targets (TP1/TP2/TP3) with independent R
multiples · defaults 1R / 2R / 3R
- Layered shaded reward zones (densest at TP1, lightest at TP3)
- Auto or manual entry price
- Trade-plan table with all key numbers at a glance
- Simplified position-size estimate (account × risk %)
- Market Context panel: ATR %, RSI(14), ADX(14), volatility class,
session flag
- Clean single-bar drawing to keep charts readable
HOW TO USE
1. Set Direction (Long / Short) and optionally a Manual Entry Price
2. Tune the ATR length and stop multiple to fit the instrument's
volatility
3. Set each target as an R multiple (defaults 1R / 2R / 3R)
4. Enter account size and risk % to see a suggested position size
This is a visual risk-planning tool built to help traders think in
terms of risk first. Educational only · not financial advice · does
not generate buy/sell signals.
Choose a direction (Long/Short) and the indicator plots an ATR-based
stop-loss, three reward-to-risk targets (TP1, TP2, TP3), shaded
risk / reward zones, and a live trade-plan table summarizing entry,
stop, targets, R:R math, ATR value, dollar risk, and a simplified
position-size estimate.
Also includes an optional Market Context panel showing ATR %, RSI,
ADX, volatility class, and session state — so the risk plan sits
alongside the environment reading you're planning against.
FEATURES
- ATR-based stop distance with selectable smoothing (RMA/SMA/EMA/WMA)
- Three reward-to-risk targets (TP1/TP2/TP3) with independent R
multiples · defaults 1R / 2R / 3R
- Layered shaded reward zones (densest at TP1, lightest at TP3)
- Auto or manual entry price
- Trade-plan table with all key numbers at a glance
- Simplified position-size estimate (account × risk %)
- Market Context panel: ATR %, RSI(14), ADX(14), volatility class,
session flag
- Clean single-bar drawing to keep charts readable
HOW TO USE
1. Set Direction (Long / Short) and optionally a Manual Entry Price
2. Tune the ATR length and stop multiple to fit the instrument's
volatility
3. Set each target as an R multiple (defaults 1R / 2R / 3R)
4. Enter account size and risk % to see a suggested position size
This is a visual risk-planning tool built to help traders think in
terms of risk first. Educational only · not financial advice · does
not generate buy/sell signals.
Release Notes
Visualizes potential stop-loss and take-profit levels based on ATR (Average True Range) from any entry price. Adjustable ATR multiplier for both SL and TP. Overlay-friendly — drop it on any chart, set your entry, and see structure-aware exits before you pull the trigger.Free companion tool from Trding.ai — the 6-step framework and 5 paid indicators (Frame · Momentum · Nodes · Fire · Screener) are at trding.ai.
Release Notes
Visualizes potential stop-loss and take-profit levels based on ATR (Average True Range) from any entry price. Adjustable ATR multiplier for both SL and TP. Overlay-friendly — drop it on any chart, set your entry, and see structure-aware exits before you pull the trigger.Free companion tool from Trding.ai — the 6-step framework and 5 paid indicators (Frame · Momentum · Nodes · Fire · Screener) are at trding.ai.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Free education & tools: trding.ai/?utm_source=tradingview&utm_medium=publisher_signature
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Free education & tools: trding.ai/?utm_source=tradingview&utm_medium=publisher_signature
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.