Adaptive ATR Stop-Distance

Dynamically calculates a stop-loss distance based on recent ATR and the size of the last confirmed swing, adapting to market volatility and price structure for Forex and indices on 4H to daily timeframes.

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Outputs / plots

Latest changelog

Initial release.

Version history

let atr_val = atr(atr_len)
let swing_high = highest(high, swing_len)
let swing_low = lowest(low, swing_len)
let swing_range = swing_high - swing_low
let avg_atr = sma(atr_val, atr_len)
let scaled_stop = avg_atr * atr_mult
let adaptive_stop = scaled_stop + swing_range * swing_mult
plot("stop_distance", adaptive_stop)

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