ATR Stop Loss Indicator

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The ATR trailing stop is based on, obviously, the AVERAGE TRUE RANGE. “The Average True Range indicator is a moving average of the true range for a set number of periods.”

So for a trailing stop one might use a multiple of the current ATR. If the ATR is, say, 10 points. A stop could be placed at 2 times the ATR which would be obviously 20pts away from the current price.

It’s a very simple concept and seems to be one of the most popular stop methods when it comes to using indicators.

Below is a metatrader chart with the ATR Stop as an example. However, Ninjatrader has an ATR Stop script as well.


As you can see it is very good as preventing you from going into a loss with you position but it also allows a bit of room on pull backs. Which it a hard balance to find in a stop method, especially and indicator.

Below are a couple of ATR Stop indicators we have on the site. There are a few more if you want to search the download sections for metatrader and ninjatrader indicators.



8 Responses

  1. Tora Mercier says:

    This will allow me to get a handle on my trading, that’s for sure. I am much better at giving away money than I am at getting it, and I can use all the beneficial tips I can get. I can’t thank you enough!

  2. raj says:

    i manlly set stop loss ,with this indicator , can we set trailing stop on ATR stop losses

  3. GreatTradingSystems says:

    it can be programmed yes.

  4. colin says:

    A great tool that readily identifies trading oppertunities. Many thanks for placing the indicators online for people to download.

  5. GreatTradingSystems says:

    Good luck with your trading.

  6. Dumsani says:

    Can someone suggest the entrance timing that goes well with this indicator, please? I know a successful trader who uses mainly Daily and H4 charts with the ATR Stop loss ind but he gets an arrow/alert when price crosses the ATR line. Can someone verify or confirm the suitable TF’s as well? I find this very exciting indeed.

  7. GreatTradingSystems says:

    I only trade intra-day so I am on a 15 min or less chart so I can’t really answer your question. I think it depends on how much risk one can take on board and also how much money one needs to make and thus how many trades they need to make.

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