ATR Stop Loss - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources
The indicator will draw ATR based stop loss calculation according to IgorAD,igorad2003@yahoo.co.uk ATRStops MQL4 with adjustable multiplier and ATR period. The indicator includes helper functions and examples of running calculations via function calls, so calculation logic can be placed in external include files. Work within any time frame.
Just rename it to mq4 to use it in MT4. Feel free to improve if needed.
The indicator will not redraw.
length, how many lookback periods to check the bar price
ATR period,ATR period
Attachment download
📎 atrstoploss_ind.mq5 (21.36 KB)
Source: MQL5 #30852
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