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Loro Vola Stop

4 321
This indicator is a variation of a chandelier volatility stop using an average true range. The indicator draws a green support line in an uptrend and a red resistance line in a downtrend. The signals normally should be used as exit triggers.
Release Notes
Changed the calculation of the stop value from highest high and lowest low to close.
Release Notes
Changed multiplier from integer to float.
Release Notes
Chart plot corrected
Dezi20
Average True Range (ATR)VolatilityVolatility Stop

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.
Average True Range (ATR)VolatilityVolatility Stop
Dezi20

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.