Daily ATR 2 and 10 Percent Values indicator for stop loss
This indicator displays three values: the ATR value, a 2% value and a 10% value of the Daily ATR.
After adding the indicator to your chart, follow these steps to view the values and labels on the right:
1. Right-click on the price level bar or click the gear icon at the bottom of the price bar.
2. Select "LABELS."
3. Check mark the boxes for the following options:
- "INDICATORS AND FINANCIAL NAME LABELS"
- "INDICATORS AND FINANCIAL VALUE LABELS."
4. Look for D-ATR % Value, click on the gear icon and verify these settings
D-ATR Lenght = 14
ATR Lenght = 14
Smoothing = RMA
Timeframe = 1 Day
5. Select Wait for timeframe closes
6. Click on Defaults, Save as default, and click ok.
You can move the indicator to the top of your chart if preferred, by clicking on Move pane up.
Please keep the following in mind: when you scroll to the left of the chart if the indicator appears transparent, as shown in this image, it means you are not viewing
the most recent values, likely because you are not at the end of the chart.
To obtain the latest data, either click this button or this other one to reset the chart view or scroll to the end of the chart.
After adding the indicator to your chart, follow these steps to view the values and labels on the right:
1. Right-click on the price level bar or click the gear icon at the bottom of the price bar.
2. Select "LABELS."
3. Check mark the boxes for the following options:
- "INDICATORS AND FINANCIAL NAME LABELS"
- "INDICATORS AND FINANCIAL VALUE LABELS."
4. Look for D-ATR % Value, click on the gear icon and verify these settings
D-ATR Lenght = 14
ATR Lenght = 14
Smoothing = RMA
Timeframe = 1 Day
5. Select Wait for timeframe closes
6. Click on Defaults, Save as default, and click ok.
You can move the indicator to the top of your chart if preferred, by clicking on Move pane up.
Please keep the following in mind: when you scroll to the left of the chart if the indicator appears transparent, as shown in this image, it means you are not viewing
the most recent values, likely because you are not at the end of the chart.
To obtain the latest data, either click this button or this other one to reset the chart view or scroll to the end of the chart.
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