ATR sltp

ATR sltp

Product Name: ATR_SLTP v2 — SL/TP Auto Calculator + Lot Sizing + Alerts (GOLD/FX/BTC)

Short Description: Type an entry price to instantly display ATR-based SL and RR 2:1 TP lines. Includes 3-slot management, lot sizing, alerts, and limit order support.

Full Description:

The problem most discretionary traders face

You entered at the right place. The market moved in your direction. But somehow, you ended up with a loss.

The entry wasn't wrong. The problem was your SL and TP placement.

Setting SL and TP based on feel leads to inconsistent results — too tight and you get stopped out by wicks, too wide and losses pile up. This indicator solves that.

What ATR_SLTP v2 does

Type an entry price into the panel and instantly get:

・ATR-based SL line — adapts to current market volatility ・RR 2:1 TP line — automatically calculated from SL distance ・Recommended lot size — based on account balance and risk %

No manual calculation needed. Everything updates in real time.

Key Features

① ATR-Based SL/TP Calculation Uses Average True Range to set SL width based on current volatility — not fixed pips. Wider SL in volatile conditions, tighter SL when markets are quiet. Significantly reduces wick-based stop-outs.

② 3-Slot Management Register up to 3 different entry prices simultaneously (S1, S2, S3). Each slot displays its own SL/TP lines. Slots with registered prices are highlighted in the panel.

③ Lot Size Calculator Set your risk % and the indicator calculates the appropriate lot size based on your account balance and SL distance. Works with GOLD, FX, and crypto.

④ SL/TP Alert System Receive MT5 alerts and push notifications when price approaches SL or TP zones. Stay informed without watching the chart constantly. Alert zone width is adjustable via ATR multiplier.

⑤ Limit Order Support Enter your intended limit order price to preview SL/TP placement before placing the order. Know your exact risk before you commit.

⑥ Japanese / English UI Switch between Japanese and English via input parameter.

Who this is for

・Traders who set SL/TP based on feel ・Traders tired of being stopped out by wicks ・Traders managing multiple positions simultaneously ・Anyone who wants automatic lot sizing by risk % ・Traders who need alerts when away from the chart

Compatibility

・MetaTrader 5 only ・All symbols: GOLD, XAUUSD, FX pairs, BTC, indices ・All brokers supported

Parameters

UI_Language Japanese Switch UI language ATR_Period 14 ATR calculation period ATR_Mult 1.5 SL width multiplier RR_Ratio 2.0 Risk/reward ratio Risk_Percent 1.0 Account risk % for lot sizing Alert_Enable true Enable/disable alerts Alert_ATR_Mult 0.3 Alert zone width (ATR x multiplier) line_width 2 Line thickness

Recommended Usage

If trading M15, set ATR timeframe to H1. Using one higher timeframe ATR reduces wick-based stop-outs significantly.

Manual (Japanese / English) https://drive.google.com/drive/folders/1xM36P2nT9oIqnkjjhDoL-6dDOEbosaWm?usp=drive_link

Disclaimer This indicator is a discretionary trading aid. It does not constitute investment advice and does not guarantee profits. All trading decisions are the sole responsibility of the user. Past results do not guarantee future performance.