OPEN-SOURCE SCRIPT
STOP ATR Classic Long & Short
STOP ATR Classic Long & Short
Professional ATR-based stop management indicator designed for traders who use volatility-driven risk control.
This indicator automatically calculates dynamic STOP LONG and STOP SHORT levels using the Average True Range (ATR), helping traders identify adaptive stop-loss zones based on real market volatility.
Features
Dynamic ATR-based stop levels
Separate STOP LONG and STOP SHORT projections
Clean dotted-line visualization
Real-time volatility measurement
Built-in information panel displaying:
Current ATR value
STOP LONG level
STOP SHORT level
Adjustable table position
Inputs
ATR Period
ATR Multiplier
Table Position
How It Works
The indicator uses the ATR to calculate adaptive stop zones:
STOP LONG → Positioned below price for long trade protection
STOP SHORT → Positioned above price for short trade protection
As market volatility expands or contracts, stop levels automatically adjust to current conditions.
Best Use Cases
Risk management
Swing trading
Intraday trading
Trend-following systems
Volatility-based stop placement
Compatible with all markets and timeframes:
Forex
Crypto
Stocks
Futures
Indices
Notes
This indicator does not provide buy or sell signals.
It is designed as a professional trade management and stop placement tool.
© 2026 Ronald Sena. All rights reserved.
Professional ATR-based stop management indicator designed for traders who use volatility-driven risk control.
This indicator automatically calculates dynamic STOP LONG and STOP SHORT levels using the Average True Range (ATR), helping traders identify adaptive stop-loss zones based on real market volatility.
Features
Dynamic ATR-based stop levels
Separate STOP LONG and STOP SHORT projections
Clean dotted-line visualization
Real-time volatility measurement
Built-in information panel displaying:
Current ATR value
STOP LONG level
STOP SHORT level
Adjustable table position
Inputs
ATR Period
ATR Multiplier
Table Position
How It Works
The indicator uses the ATR to calculate adaptive stop zones:
STOP LONG → Positioned below price for long trade protection
STOP SHORT → Positioned above price for short trade protection
As market volatility expands or contracts, stop levels automatically adjust to current conditions.
Best Use Cases
Risk management
Swing trading
Intraday trading
Trend-following systems
Volatility-based stop placement
Compatible with all markets and timeframes:
Forex
Crypto
Stocks
Futures
Indices
Notes
This indicator does not provide buy or sell signals.
It is designed as a professional trade management and stop placement tool.
© 2026 Ronald Sena. All rights reserved.
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.
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.
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.