Your #1 Source for NinjaTrader Indicators
McAfee SECURE sites help keep you safe from identity theft, credit card fraud, spyware, spam, viruses and online scams
Call us at
1-877-646-5249
Make your trading easier with our trading indicators...

Stoploss Indicators

 

Average True Range Trailing Stop

NOTE: This trailing stop along with 5 others have been incorporated into the Ultimate Trailing Stop indicator.


 

Description - Click here to view the full size chart

 

This indicator is referenced in the "Block the Noise" seminar. 

  • Trailing stop loss indicator places plots on a chart based on distance between current price and average true range (ATR) times a multiplier.
  • When price breaks the stop loss line, an arrow indicating a direction change is plotted and the color of the indicator changes to Blue for LONG and Red for SHORT trades..

Key Features

  • Parameters are:
  • Includes option for aubible alert when price breaks the stop loss line
  • Direction CHange Arrows (default TRUE)
  • Use Close Price else use High/Low (TRUE) - When set to false, the indicator use the bar's LOW for Long trades, and HIGH for short trades.
Indicator Categories

Chart Enhancement Indicators
Momentum Indicators
Price Action Indicators
Support and Resistance Indicators
Trade Management
Trend Indicators
Volatility Indicators
volume Volume Indicators

Free eBook
 

Get our
FREE E-Book
"6 Simple
Trading Indicators
YOU Overlooked"
First Name
Email
Phone

Friend us on FacebookFollow us on Twitter Subscribe to our blog feed Subscribe to our new indicator videos on YouTube Connect with us on LinkedIn Friend us on MySpace