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Stop ATR [TheAlphaGroup]

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The Stop ATR is a volatility-based trailing stop that adapts dynamically to market conditions.
It uses the Average True Range (ATR) to plot a continuous “stair-step” line:
• In uptrend, the stop appears below price as a green line, rising with volatility.
• In downtrend, the stop appears above price as a red line, falling with volatility.

Unlike fixed stops, the Stop ATR never moves backward. It only trails in the direction of the trend, locking in profits while leaving room for price to move.

Key features:
• ATR-based trailing stop that adapts to volatility.
• Clean “one line only” design — no overlap of signals.
• Adjustable ATR period and multiplier for flexibility.
• Color-coded visualization for quick trend recognition.

How traders use it:
• Manage trades with volatility-adjusted stop placement (trailing stop).
• Identify trend reversals when price closes across the stop.
• Combine with other entry signals for a complete strategy.

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