OPEN-SOURCE SCRIPT
iFCPO ATR Pip Calculator
iFCPO ATR Pip Calculator — converts ATR to RM-per-contract for FCPO traders.
Computes:
- M5 ATR(14) in points + RM
- D1 ATR(14) in points + RM
- 1R/2R/3R levels (D1 ATR multiples) in points + RM
FCPO contract: 1 point = RM 25, lot = 25 metric tonnes. Useful for sizing SL/TP based on actual volatility (D1 ATR) rather than fixed-point levels.
FREE indicator from iFCPO — Malaysia palm-oil futures trading platform.
Computes:
- M5 ATR(14) in points + RM
- D1 ATR(14) in points + RM
- 1R/2R/3R levels (D1 ATR multiples) in points + RM
FCPO contract: 1 point = RM 25, lot = 25 metric tonnes. Useful for sizing SL/TP based on actual volatility (D1 ATR) rather than fixed-point levels.
FREE indicator from iFCPO — Malaysia palm-oil futures trading platform.
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.