Description: This indicator uses a moving average crossover strategy combined with ATR-based stop loss and take profit levels.
✅ Features:
Improvements: Trend Filter (200-period EMA) -Only long trades when price is above the 200 EMA -Only short trades when price is below the 200 EMA
ATR-Based Volatility Filter -Trades are only taken when the ATR is above a threshold, indicating strong market conditions.
Stop Loss & Take Profit -Stop loss and take profit dynamically adjust based on ATR x Multiplier, instead of fixed percentages. -Works best on trending markets (recommended for Forex, Crypto, and Stocks).
🛠 How to Use:
Enter a long trade when a green Buy signal appears. Enter a short trade when a red Sell signal appears. Adjust Stop Loss % and Take Profit % based on your risk tolerance.