Indicators: Mod_ATR_Trailing_Stop

 

Mod_ATR_Trailing_Stop:

An indicator of StopLoss levels.

The indicator displays possible StopLoss levels on the price chart. Levels are shown separately for Long and Short positions.

It has two parameters:

  • Period - calculation period;
  • Coefficient - distance from the price.

Author: Scriptor

 
Thank you, Scriptor, For your great Contribution to the MQL5 community, Many are still using MT4 because they cannot convert their indicators. You have coded/provided so many essential indicators for Free, when others would not... I could not have coded this ATR Trailing SL myself in MQL5, thanks again