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Indicator MT4
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ATR Trailing Stop Indicator
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Age 3+
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level: Elementry
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English
Author's Instructions
The ATR Trailing Stop indicator is one of the MetaTrader 4 indicators used for trade risk management. This indicator creates a moving stop loss using the market’s Average True Range (ATR), which automatically adjusts based on price fluctuations.
As market volatility changes, the ATR Trailing Stop moves the stop loss automatically in favor of traders. In an uptrend, the stop loss is plotted in green, and in a downtrend, it is plotted in red.
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Indicator MT4
-
ATR Trailing Stop Indicator
-
Age 3+
-
level: Elementry
-
English
Author's Instructions
The ATR Trailing Stop indicator is one of the MetaTrader 4 indicators used for trade risk management. This indicator creates a moving stop loss using the market’s Average True Range (ATR), which automatically adjusts based on price fluctuations.
As market volatility changes, the ATR Trailing Stop moves the stop loss automatically in favor of traders. In an uptrend, the stop loss is plotted in green, and in a downtrend, it is plotted in red.