INVITE-ONLY SCRIPT

ST – ATR Guides + Midline [Soothing Trades]

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Short Description
A clean EMA midline with two ATR-based guides above and below price. Use the midline for trend bias and the ATR rails as a dynamic structure for entries, exits, and stop placement on any market or timeframe.

Full Description
What this indicator is
ST – ATR Guides + Midline is a small, focused engine for trend bias and volatility-aware risk management. It gives you:
• One midline (EMA-based) for objective trend direction.
• Two ATR guides (long and short) that expand and contract with volatility.
Together, the three lines form a simple "rail system" you can build your trading framework on.
Core logic
• An EMA is calculated on a user-selectable price source and used as the midline.
• ATR is computed to measure current volatility.
• Two guides are plotted at a configurable ATR distance above and below the midline:
• The lower line acts as the long guide.
• The upper line acts as the short guide.
• The band between the guides adapts automatically to changing volatility conditions.
Inputs & customization
• Signal Source – Choose which price the EMA midline should be built from.
• Fast EMA – Controls how responsive or smooth the midline is.
• Show Midline – Option to hide the midline if you only want to see the guides.
• Midline style – Color and line width for the midline.
• ATR settings – ATR lookback and multiplier to control the size of the band.
• Guide style – Individual colors and widths for the long and short guides.
All parameters can be tuned directly in the TradingView settings panel.
Practical use cases
• Define trend bias at a glance.
• Build a rule-based stop placement framework around ATR instead of arbitrary distances.
• Use the guides as dynamic trailing rails for winning positions.
• Identify "healthy" pullback regions in a trend.
• Frame your existing entry signals (price action, volume, order flow, etc.) inside a clear volatility structure.
Notes & disclaimer
This is not an automatic signal generator.
It is a structural tool meant to support discretionary analysis and systematic frameworks.
Always test any idea thoroughly (backtests, forward tests, demo trading) before using it live.

Nothing in this script or description is financial advice.
Trading involves risk, and you are solely responsible for your own decisions and performance.

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