Script that shows you the ATR and 0.5 ATR. You can use this to define your stop loss level when you see a SFP.
Standard setting is the 24 period ATR. You can use this for a 1h chart (24 hours in a day). So when you play on a 5m chart, you can change the setting to 12 period (12 5m candles in 1 hour).
hi BabyWhale83 this is great thanks, is it possible to set it from the current price? so the stop & limit can be worked out from current price rather than the high or low of the bar? thanks man!