Zeiierman Trading » Indicators » Buy & Sell Indicators » ATR + PSAR Trailing Stop

This ATR + PSAR Trailing Stop indicator is unique. It comes with new ways of calculating ATR and PSAR to enhance performance and accuracy as well as give clarity in trends. The indicator can be used standalone or as a part of your current trading strategy.

ATR + PSAR Trailing Stop (Expo) is a trailing stop indicator that combines ATR and PSAR to enhance the calculation of the trailing stop. This indicator works well in all types of markets, for example, in a trading range or in a trending market, etc.

The user can choose between the following ATR Settings:

  • Quick ATR
  • Adaptive ATR
  • Follow the price closely – ATR
  • Standard ATRTrend ATR
    The user can enable Trend ATR which displays the overall market structure. If the Trend ATR line is above the price we have a negative market structure, and if the Trend ATR line is below the price we have a positive market structure.

 

  • Real-time
  • No repainting
  • Works on any market and in any timeframe

HOW TO USE

– Use the ATR + PSAR Trailing Stop as a stop-loss.
– Use the indicator for taking a position when price crosses the ATR trailing line or taking a position when price crosses the PSAR circles.
– Use the indicator to identify the current market structure and trend.

The indicator can be used standalone or as a part of your current trading strategy.

 

Subscribe to our membership

TRY IT YOURSELF!

Access the ATR + PSAR Trailing Stop Indicator on TradingView

ACCESS THE INDICATOR ON TRADINGVIEW!

“Boost” the script and add it to your FavoritesPlease leave a comment if you like it!

More Indicators

ICT Donchian Smart Money Structure

ICT Donchian Smart Money Structure

ICT Smart Money Structure Concept Overview The Inner Circle Trader (ICT) methodology is focused on understanding the actions and implications of the so-called "smart money" - large institutions and professional traders who often influence market movements. Key to this...

Pattern Forecast

Subscribe to our membership TRY IT YOURSELF! Access the Free Pattern Forecast Indicator on TradingView ACCESS THE INDICATOR ON TRADINGVIEW!

Price Action Color Forecast

Subscribe to our membership TRY IT YOURSELF! Access the Free Price Action Color Forecast Indicator on TradingView ACCESS THE INDICATOR ON TRADINGVIEW!

SuperBollingerTrend

SuperBollingerTrend

SuperBollingerTrend Subscribe to our membership TRY IT YOURSELF! Access the Free SuperBollingerTrend Indicator on TradingView ACCESS THE INDICATOR ON TRADINGVIEW!

RSI Exponential Smoothing

RSI Exponential Smoothing

Scroll down to access the indicator! For Free RSI Exponential Smoothing Indicator The Relative Strength Index (RSI) and the Exponential Moving Average (EMA) are two popular indicators. Traders use these indicators to understand market trends and predict future price...

Smart Money Concept Probability

Smart Money Concept Probability

Scroll down to access the indicator! For Free Smart Money Concept Probability The Smart Money Concept Probability (Expo) is an indicator developed to track the actions of institutional investors, commonly known as "smart money." This tool calculates the likelihood of...

MACD & RSI Overlay

MACD & RSI Overlay

MACD and RSI Overlay Indicator The MACD & RSI Overlay (Expo) trading indicator is a technical analysis tool that combines two popular indicators, the Relative Strength Index (RSI [14]) and the Moving Average Convergence Divergence (MACD [12,26]), and overlays them...

2B Reversal Pattern

2B Reversal Pattern

The 2B reversal pattern, also known as the spring pattern, is a popular chart pattern among professional traders to identify potential trend reversals. This pattern occurs when the price seems to be breaking up or down and suddenly bounces back up or down, forming a...

Fair Value Gap Oscillator

Fair Value Gap Oscillator

Fair Value Gap Oscillator The Fair Value Gap Oscillator is an exceptional smart money concept tool that measures oscillations of the market's fair value gaps. It is a leading momentum indicator used to identify the assets' mispricings over time. By understanding how...

Ross Hook Indicator

Ross Hook Indicator

Ross Hook Indicator Access it for free here! Watch the video here!   Technical analysts use historical price data to predict the market and identify trading opportunities in price trends and patterns. This way of reading the market is becoming more and more...