1Copy the scriptPress Copy script above, or the copy button on the code below.
2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
212 lines of Pine Script v6 from indicators/04-atr-helper/atr-helper.pine, published under MPL-2.0. Keep the author's credit and licence lines when you reuse it.
atr-helper.pine
// =============================================================================
// ATR Helper
// =============================================================================
// Author: Baris Tankut (@btankutt)
// Repository: https://github.com/btankutt/smc-pine-suite
// License: MPL 2.0 (see LICENSE-FREE)
// Created: 2026-06-17
// Version: 1.0.3
// - FIX: the file was truncated mid-comment in the ALERTS section - the
// stop/TP1 cross alerts promised by the README never existed. Added,
// gated on barstate.isconfirmed.
// - FIX: the summary table skipped the TP2 row (it jumped TP1 -> TP3).
// - FIX: the reward zone assumed TP3 > TP2 > TP1; it now uses the largest
// ENABLED R multiple. TP multiples also gained minval=0.1.
// -----------------------------------------------------------------------------
// ATR-based trade planning tool for TradingView:
// - Dynamic stop-loss from an ATR multiple
// - Up to three take-profit targets defined as R multiples
// - Risk / reward visualization (shaded risk and reward zones)
// - Position sizing from account size, risk %, and stop distance
//
// Plan a trade by setting direction and entry; the script draws the stop, the
// targets, the R:R for each, and the position size that keeps risk at your
// chosen percentage of the account.
//
// Disclaimer: Educational tool, not financial advice. Past performance does
// not guarantee future results. Always backtest and use proper risk management.
// =============================================================================
//@version=6
indicator("ATR Helper [btankutt]", overlay=true, max_lines_count=500, max_boxes_count=500, max_labels_count=500)
// =============================================================================
// CONSTANTS
// =============================================================================
int TABLE_ROWS = 10
// Input group names
GRP_ATR = "ATR"
GRP_TRD = "Trade Setup"
GRP_TP = "Take Profit (R multiples)"
GRP_RISK = "Position Sizing"
GRP_DISP = "Display"
// =============================================================================
// USER INPUTS
// =============================================================================
// Group 1 - ATR
int atr_len = input.int(14, "ATR length", minval=1, maxval=200, group=GRP_ATR)
string atr_smooth = input.string("RMA", "ATR smoothing", options=["RMA", "SMA", "EMA", "WMA"], group=GRP_ATR)
float sl_mult = input.float(1.5, "Stop-loss ATR multiple", minval=0.1, maxval=20.0, step=0.1, group=GRP_ATR)
// Group 2 - Trade setup
string direction = input.string("Long", "Direction", options=["Long", "Short"], group=GRP_TRD)
string entry_mode = input.string("Current close", "Entry price", options=["Current close", "Manual"], group=GRP_TRD)
float manual_entry = input.float(0.0, "Manual entry price", minval=0.0, group=GRP_TRD)
// Group 3 - Take profit targets (as multiples of the risk distance)
bool tp1_on = input.bool(true, "TP1", inline="tp1", group=GRP_TP)
float tp1_r = input.float(1.0, "", minval=0.1, step=0.1, inline="tp1", group=GRP_TP)
bool tp2_on = input.bool(true, "TP2", inline="tp2", group=GRP_TP)
float tp2_r = input.float(2.0, "", minval=0.1, step=0.1, inline="tp2", group=GRP_TP)
bool tp3_on = input.bool(true, "TP3", inline="tp3", group=GRP_TP)
float tp3_r = input.float(3.0, "", minval=0.1, step=0.1, inline="tp3", group=GRP_TP)
// Group 4 - Position sizing
bool sizing_on = input.bool(true, "Show position sizing", group=GRP_RISK)
float account_sz = input.float(10000.0, "Account size", minval=0.0, group=GRP_RISK)
float risk_pct = input.float(1.0, "Risk per trade (%)", minval=0.01, maxval=100.0, step=0.1, group=GRP_RISK)
float point_value = input.float(1.0, "Value per 1.0 price move (per unit)", minval=0.0000001, group=GRP_RISK, tooltip="1 for crypto/stocks quoted in account currency. Adjust for futures/FX contract value.")
// Group 5 - Display
bool show_table = input.bool(true, "Show summary table", group=GRP_DISP)
color sl_color = input.color(color.new(color.red, 0), "Stop color", group=GRP_DISP)
color tp_color = input.color(color.new(color.green, 0), "Target color", group=GRP_DISP)
color entry_color = input.color(color.new(color.blue, 0), "Entry color", group=GRP_DISP)
int zone_transp = input.int(85, "Zone transparency", minval=0, maxval=100, group=GRP_DISP)
// =============================================================================
// ATR
// =============================================================================
float atr_value = switch atr_smooth
"SMA" => ta.sma(ta.tr(true), atr_len)
"EMA" => ta.ema(ta.tr(true), atr_len)
"WMA" => ta.wma(ta.tr(true), atr_len)
=> ta.rma(ta.tr(true), atr_len)
// =============================================================================
// TRADE MATH
// =============================================================================
int dir = direction == "Long" ? 1 : -1
float entry = entry_mode == "Manual" and manual_entry > 0 ? manual_entry : close
float stop_dist = atr_value * sl_mult
float sl_price = entry - dir * stop_dist
// Take-profit prices from R multiples of the stop distance.
float tp1_price = entry + dir * stop_dist * tp1_r
float tp2_price = entry + dir * stop_dist * tp2_r
float tp3_price = entry + dir * stop_dist * tp3_r
// Position sizing: risk a fixed % of the account across the stop distance.
float risk_amount = account_sz * risk_pct / 100.0
float risk_per_unit = stop_dist * point_value
float position_size = risk_per_unit > 0 ? risk_amount / risk_per_unit : na
// =============================================================================
// STATE
// =============================================================================
var array<line> plan_lines = array.new<line>()
var array<box> plan_boxes = array.new<box>()
var array<label> plan_labels = array.new<label>()
clear_plan() =>
if plan_lines.size() > 0
for l in plan_lines
l.delete()
plan_lines.clear()
if plan_boxes.size() > 0
for b in plan_boxes
b.delete()
plan_boxes.clear()
if plan_labels.size() > 0
for lb in plan_labels
lb.delete()
plan_labels.clear()
// Draw a level line plus a price label. The line ends at the last real bar and
// uses extend.right (a stable horizontal ray); the label sits on the last bar.
// This keeps both anchored to the chart when scrolling or zooming.
draw_level(int x1, int x2, float price, color col, string txt) =>
line ln = line.new(x1, price, x2, price, extend=extend.right, color=col, width=2, style=line.style_solid)
plan_lines.push(ln)
label lb = label.new(x2, price, txt, style=label.style_label_left,
color=col, textcolor=color.white, size=size.small)
plan_labels.push(lb)
// =============================================================================
// MAIN — draw the plan on the latest bar
// =============================================================================
if barstate.islast and stop_dist > 0
clear_plan()
// Anchor at the last real bar and extend right — no future bar offsets,
// so the zones and levels never drift on scroll/zoom.
int x1 = bar_index - 1
int x2 = bar_index
// Risk zone (entry -> stop), shaded red — extends right as a stable band.
box risk_box = box.new(x1, entry, x2, sl_price, extend=extend.right,
border_color=color.new(sl_color, 100),
bgcolor=color.new(sl_color, zone_transp))
plan_boxes.push(risk_box)
// Reward zone (entry -> furthest enabled target), shaded green. The
// furthest target is the LARGEST enabled R multiple - do not assume the
// user kept TP3 > TP2 > TP1.
float max_r = 0.0
if tp1_on
max_r := math.max(max_r, tp1_r)
if tp2_on
max_r := math.max(max_r, tp2_r)
if tp3_on
max_r := math.max(max_r, tp3_r)
float top_tp = entry + dir * stop_dist * max_r
box reward_box = box.new(x1, entry, x2, top_tp, extend=extend.right,
border_color=color.new(tp_color, 100),
bgcolor=color.new(tp_color, zone_transp))
plan_boxes.push(reward_box)
// Levels.
draw_level(x1, x2, entry, entry_color, "Entry " + str.tostring(entry, format.mintick))
draw_level(x1, x2, sl_price, sl_color, "SL " + str.tostring(sl_price, format.mintick))
if tp1_on
draw_level(x1, x2, tp1_price, tp_color, "TP1 (" + str.tostring(tp1_r, "#.#") + "R) " + str.tostring(tp1_price, format.mintick))
if tp2_on
draw_level(x1, x2, tp2_price, tp_color, "TP2 (" + str.tostring(tp2_r, "#.#") + "R) " + str.tostring(tp2_price, format.mintick))
if tp3_on
draw_level(x1, x2, tp3_price, tp_color, "TP3 (" + str.tostring(tp3_r, "#.#") + "R) " + str.tostring(tp3_price, format.mintick))
// =============================================================================
// SUMMARY TABLE
// =============================================================================
var table panel = table.new(position.bottom_right, 2, TABLE_ROWS, border_width=1)
put_row(int row, string k, string v) =>
table.cell(panel, 0, row, k, text_color=color.white, bgcolor=color.new(color.black, 20), text_size=size.small, text_halign=text.align_left)
table.cell(panel, 1, row, v, text_color=color.white, bgcolor=color.new(color.gray, 40), text_size=size.small, text_halign=text.align_right)
if show_table and barstate.islast and stop_dist > 0
put_row(0, "ATR(" + str.tostring(atr_len) + ")", str.tostring(atr_value, format.mintick))
put_row(1, "Direction", direction)
put_row(2, "Entry", str.tostring(entry, format.mintick))
put_row(3, "Stop", str.tostring(sl_price, format.mintick))
put_row(4, "Risk (price)", str.tostring(stop_dist, format.mintick))
put_row(5, "TP1 R:R", tp1_on ? "1 : " + str.tostring(tp1_r, "#.#") : "—")
put_row(6, "TP2 R:R", tp2_on ? "1 : " + str.tostring(tp2_r, "#.#") : "—")
put_row(7, "TP3 R:R", tp3_on ? "1 : " + str.tostring(tp3_r, "#.#") : "—")
put_row(8, "Risk amount", sizing_on ? str.tostring(risk_amount, "#.##") : "—")
put_row(9, "Position size", sizing_on and not na(position_size) ? str.tostring(position_size, "#.######") : "—")
// =============================================================================
// ALERTS
// =============================================================================
// Fire when price crosses the planned stop or the first target. ta.cross
// stays unconditional (called on every bar); the flags are gated on
// barstate.isconfirmed so realtime alerts only fire on a bar's final tick.
// Note: with entry mode "Current close" the levels trail every close, so
// close - level keeps a constant sign and the crosses can NEVER fire - set a
// Manual entry price to arm the alerts.
bool sl_crossed = ta.cross(close, sl_price)
bool tp1_crossed = ta.cross(close, tp1_price)
alertcondition(sl_crossed and barstate.isconfirmed, "Stop crossed", "Price crossed the planned ATR stop")
alertcondition(tp1_on and tp1_crossed and barstate.isconfirmed, "TP1 crossed", "Price crossed the planned TP1 target")
Overview
ATR Helper [btankutt] uses an Average True Range multiple with selectable smoothing to determine the stop distance from either the current close or a manual entry price. The tool projects up to three take-profit targets using R multiples, overlays shaded risk and reward zones directly on the price chart, and computes recommended position sizing inside an on-screen summary table based on user-defined account balance and risk percentage.
Dynamic ATR-based stop-loss calculation
Configurable take-profit targets based on R-multiples
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
ATR length
int
14
atr_len
ATR smoothing
string
RMA
atr_smooth
Stop-loss ATR multiple
float
1.5
sl_mult
Direction
string
Long
direction
Entry price
string
Current close
entry_mode
Manual entry price
float
0.0
manual_entry
TP1
bool
true
tp1_on
tp1_r
float
1.0
tp1_r
TP2
bool
true
tp2_on
tp2_r
float
2.0
tp2_r
TP3
bool
true
tp3_on
tp3_r
float
3.0
tp3_r
Show all 21 settings
Setting
Type
Default
Variable
Show position sizing
bool
true
sizing_on
Account size
float
10000.0
account_sz
Risk per trade (%)
float
1.0
risk_pct
Value per 1.0 price move (per unit)
float
1.0
point_value
Show summary table
bool
true
show_table
Stop color
color
color.new(color.red, 0)
sl_color
Target color
color
color.new(color.green, 0)
tp_color
Entry color
color
color.new(color.blue, 0)
entry_color
Zone transparency
int
85
zone_transp
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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