ATR STOPLOSS Trading Guide

The ATR StopLoss is a quantitative technical analysis tool. ATR StopLoss Indicator Based on Pine Script "Stoploss area's" by chadmex Shows dynamic stop-loss levels based on ATR and price structure.

What does the indicator show?

• Market Structure & Momentum: Visualizes prevailing trend directions and key reversal zones.
• BUY / SELL Signals: Highlights confirmed entry and exit opportunities based on quantitative rules.
• Dynamic Boundaries: Provides adaptive levels for managing trade risk and reward expectations.

Key Settings

• ATR Length (atrLength): Controls the calculation period and sensitivity for market detection.
• Use Structure (useStructure): Controls the calculation period and sensitivity for market detection.
• Lookback for High/Low (lookback): Controls the calculation period and sensitivity for market detection.
• ATR Multiplier (atrMultiplier): Controls the calculation period and sensitivity for market detection.
• Hide Data (hideData): Controls the calculation period and sensitivity for market detection.
• Long Stop (longStop): Controls the calculation period and sensitivity for market detection.
• Short Stop (shortStop): Controls the calculation period and sensitivity for market detection.
• Long Stop Zone (longZone): Controls the calculation period and sensitivity for market detection.
• Short Stop Zone (shortZone): Controls the calculation period and sensitivity for market detection.
• Long Stop Level (longStop): Controls the calculation period and sensitivity for market detection.
• Short Stop Level (shortStop): Controls the calculation period and sensitivity for market detection.
• Distance to Long Stop % (distToLongStopPct): Controls the calculation period and sensitivity for market detection.
• Distance to Short Stop % (distToShortStopPct): Controls the calculation period and sensitivity for market detection.
• ATR (with multiplier) (realAtr): Controls the calculation period and sensitivity for market detection.

How to use Strategy Parameters (Condition Source)

Within the Strategy Tester module, this indicator can be used both as a direct signal source and as a market-state filter.

1. Signal Events

• buySignal - Fires when a bullish market condition is confirmed.
• sellSignal - Fires when a bearish market condition is confirmed.
• signalDir - Outputs 1 for bullish, -1 for bearish, and 0 when neutral.

2. Filters and Trade Levels

• atrLength - ATR Length value used for structural qualification or thresholds.
• useStructure - Use Structure value used for structural qualification or thresholds.
• lookback - Lookback for High/Low value used for structural qualification or thresholds.
• atrMultiplier - ATR Multiplier value used for structural qualification or thresholds.
• hideData - Hide Data value used for structural qualification or thresholds.
• longStop - Long Stop value used for structural qualification or thresholds.
• shortStop - Short Stop value used for structural qualification or thresholds.
• longZone - Long Stop Zone value used for structural qualification or thresholds.
• shortZone - Short Stop Zone value used for structural qualification or thresholds.
• longStop - Long Stop Level value used for structural qualification or thresholds.
• shortStop - Short Stop Level value used for structural qualification or thresholds.
• distToLongStopPct - Distance to Long Stop % value used for structural qualification or thresholds.
• distToShortStopPct - Distance to Short Stop % value used for structural qualification or thresholds.
• realAtr - ATR (with multiplier) value used for structural qualification or thresholds.

Strategy Example: Enter Long when buySignal is true and trendFilter == 1, ensuring trades align with dominant momentum.