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ATR Trailing Stop Pro

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Title:

ATR Trailing Stop Pro — Long & Short | Close/Wick Filter | Alerts | Risk %

Description:
A fully-featured ATR-based trailing stop anchored to a specific entry date and price — built for traders who want to manage an open position with a clean, rules-based stop rather than a signal generator.
Unlike generic ATR stop indicators that run on every bar from the beginning of the chart, this one starts exactly where your trade did.

Features
🔴 Long & Short — trails upward for longs, downward for shorts
📅 Entry date & price — set your exact entry point; leave price at 0 to use the day's close automatically
📊 ATR-based trailing — stop only ever moves in your favour, never against you
🕯️ Close vs wick stop-out — choose whether a close below the stop triggers it, or any wick (reduces false exits on volatile assets like BTC/crypto)
🏷️ Chart labels — marks your entry price and stop-out point directly on the chart
📋 Info table — live overlay showing entry price, current stop level, risk % from entry, and trade direction
🔔 Built-in alert — set it once and get notified when your stop is hit without watching the chart

How to use

Add the indicator to a daily chart
Open settings and enter your entry year, month, day
Enter your entry price or leave at 0 to use that day's close
Select Long or Short
Adjust the ATR multiplier to suit your risk tolerance (higher = wider stop, less noise)
Toggle Close mode on if you want to avoid getting stopped out by intraday wicks
Set an alert on the indicator for hands-off monitoring

Works on any asset — stocks, crypto, forex, commodities. Designed and tested on Bitcoin daily. For best results use on the 1D timeframe.

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