OPEN-SOURCE SCRIPT

ATRSLTP

Two adjustable ATRs are drawn on the screen for gradual stop, the ATR multiplier can be changed in the settings. the green line shows the target point with 5 ATR (cannot be changed)
Average True Range (ATR)

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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