Indicator · Pine Script v5 · On the chart

Espérance de Vie Trading - ATR

by Lapivette

This indicator calculates real-time risk metrics and position duration limits based on Average True Range (ATR) volatility.

View on GitHub

Repaints

GitHub stars2on the repository
Pine versionv5runs as is
Lines of code98
Settings8inputs
LicenceNone stated
Last update9 months ago30 Jan 2026

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
  4. 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.

Source Code

The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.

Overview

Espérance de Vie Trading - ATR estimates how many minutes a position can remain open before hitting maximum allowable drawdown, considering user inputs for account capital, contract size, and point value. Additionally, it computes dynamic take-profit targets, tick values, and potential dollar profits. All statistics are displayed in an overlay table dashboard on the main price chart. Higher timeframe ATR requests may update dynamically on live bars.

Details

Published by

Lapivette on GitHub

Type

Indicator, Pine Script v5

Draws

On the price chart

Category

Volatility & bands, Screeners & dashboards

Markets

Any symbol

Timeframes

Any timeframe

Risk Notes

  • Signals can change on the live bar or after it closes (repainting)

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

SettingTypeDefaultVariable
Capital ($)float2000capital
Valeur par point ($)float20point_value
Nombre de contratsint1contracts
Période ATRint14atr_length
Timeframe ATRtimeframe5atr_timeframe
Diviseur de risquefloat10risk_divider
Diviseur ATR pour TPfloat2tp_atr_divider
Ticks par pointfloat4ticks_per_point
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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