ATR SL TP is a trading indicator designed to assist with placing Stop Loss (SL) and Take Profit (TP) levels based on the Average True Range (ATR) indicator. It automates the drawing of SL and TP lines on the chart according to ATR parameters set by the user. For example, a trader can specify an ATR multiplier to position the stop loss at a distance equal to twice the ATR from the current price. This tool simplifies the process of interpreting ATR values and applying them directly to risk management levels within the cTrader platform. It supports customizable ATR factors to adapt to different trading strategies and volatility conditions.