🔧 ATR_RR_SignalPanel — Technical & Detailed Description (EN) 🧠📈

ATR_RR_SignalPanel is an overlay indicator for cTrader that generates trend-change entry signals using a Fast EMA vs Slow EMA regime, then builds a complete virtual trade framework (Entry 🏁, Stop Loss 🛑, Final Take Profit 🎯, Intermediate Targets 🟢) using ATR-based risk sizing and a configurable Risk:Reward multiplier ⚖️.

🧭 Core Logic (Signal Engine) 🚦

• The indicator computes:
• • Fast EMA ⚡ and Slow EMA 🐢 on Close.
  • ATR (Wilder smoothing) 🌡️ for volatility-based stop distance.
• A trend regime is defined as:
• • Bull trend 🟢 when Fast EMA > Slow EMA
  • Bear trend 🔴 when Fast EMA < Slow EMA
• A Trend Change 🔁 triggers when the bull/bear state differs from the previous bar (equivalent to Pine’s bullTrend != bullTrend[1]).

🎯 Entry Conditions (BUY/SELL) 🟩🟥

When a trend change occurs:

• BUY signal 🟢 if:
• • Bull trend is active and a trend change is detected
  • Optional candle confirmation ✅: Close > Open (bullish candle)
• SELL signal 🔴 if:
• • Bear trend is active and a trend change is detected
  • Optional candle confirmation ✅: Close < Open (bearish candle)

🧪 Virtual Position Management (Not a cBot) 🧩

This indicator does not place orders. Instead it simulates an internal “virtual position”:

• On a new BUY/SELL signal it sets:
• • Entry Price = current close 🏁
  • Stop Loss = candle extreme ± ATR × multiplier 🛑
  • Final Take Profit = Entry ± (Risk × RiskReward) 🎯
  • Intermediate TP levels = steps at 1R, 2R, … up to floor(RR)-1 🟢
• It monitors price action bar-by-bar:
• • If TP final is touched ➜ marks 🎯 and closes virtual position ✅
  • If SL is touched ➜ marks 🛑 and closes virtual position ❌
  • Intermediate TP hits are tracked only once 🧷

🔁 Invalidation Logic (Opposite Signal While Active) ⚠️

If a new signal arrives while a virtual trade in the opposite direction exists:

• The previous entry is marked as INVALIDATED ⚠️ (INV BUY / INV SELL)
• The prior virtual position is terminated 🧯
• A new virtual position is created in the new direction 🔄

🧼 Multi-Instance Safe (Multiple Copies on Same Chart) 🧩🧩

Each indicator instance generates a unique internal ID 🆔, so:

• Lines/text from one instance won’t overwrite another instance ✅
• You can run several configurations in parallel (e.g., scalping + swing) 🧠📊

🧯 Anti-Clutter Controls (Markers Limiter) 🧹✨

To keep charts readable, it can:

• Limit the number of text markers drawn (BUY/SELL/TP/SL/INV/TP1…) 🧾
• Automatically delete older markers when the limit is exceeded ♻️

🧷 Optional “Keep Last Risk Lines” 🧠📌

When enabled, the last Entry/SL/TP lines remain visible even after TP/SL closes:

• Great for post-trade review 🧑‍🔬
• Great for journaling 📒✅

⚙️ Parameters — Detailed Explanation (EN) 🔍📌

📈 Signal & Risk Core

⚡ Fast EMA

• What it does 🧠: Sets the period of the fast EMA used to detect regime shifts.
• Effect 📊: Lower values = more reactive ➜ more signals; higher = smoother ➜ fewer signals.
• Typical ranges 🎛️: 3–10 for fast markets ⚡, 10–20 for calmer setups 🐢

🐢 Slow EMA

• What it does 🧠: Sets the period of the slow EMA used as the trend baseline.
• Effect 📊: Higher slow EMA = stronger filtering ➜ fewer trend-change triggers.
• Typical ranges 🎛️: 13–55 depending on style 🧭

🌡️ ATR Period

• What it does 🧠: Controls volatility measurement length for ATR.
• Effect 📏: Short ATR reacts quickly (tighter SL), long ATR stabilizes (steadier SL).
• Typical ranges 🎛️: 10–21 is common ✅

🛑 SL Multiplier (ATR)

• What it does 🧠: Defines Stop Loss distance in ATR units.
• Long 🟢: SL = Low - ATR * Mult
• Short 🔴: SL = High + ATR * Mult
• Effect 🎯: Higher multiplier = wider SL (fewer stops, bigger risk); lower = tighter SL (more stops).
• Typical values 🎛️: 0.3–2.0 depending on volatility 🌪️

⚖️ Risk:Reward (R:R)

• What it does 🧠: Multiplies the “risk” distance to compute final TP.
• Formula 📌:
• • Risk = |Entry − SL|
  • Final TP = Entry ± Risk × RR 🎯
• Intermediate TPs 🟢: TP1 at 1R, TP2 at 2R, … up to floor(RR)-1
• Example 🧪: RR=3 ➜ TP1 (1R), TP2 (2R), Final TP (3R) 🎯🎯🎯

✅ Require candle confirmation

• What it does 🧠: Adds candle direction validation on the signal bar.
• BUY 🟢: requires Close > Open
• SELL 🔴: requires Close < Open
• Effect 🧽: Filters out weak flips, reduces noise, may enter later ⏳

📌 EMAs Display

👁️ Show Fast EMA

• What it does 🧠: Shows/hides the fast EMA line.
• Use case 💡: Hide if you want a clean chart 🧼

👁️ Show Slow EMA

• What it does 🧠: Shows/hides the slow EMA line.
• Use case 💡: Keep visible for trend context 🧭

🎛️ Visual Controls (Clutter Management) 🧹✨

🚦 Show Signals

• What it does 🧠: Shows/hides BUY/SELL markers.
• Includes 🧷: BUY 🟢 / SELL 🔴 markers (only)
• Tip 💡: Disable for “lines-only” mode 📏

🏷️ Show TP Labels

• What it does 🧠: Shows/hides labels like TP1, TP2…
• Effect 🧼: Turning OFF removes lots of text noise on higher TFs 📉
• Note 🧷: Labels appear only once per TP hit ✅

⚠️ Show Invalidation Marks

• What it does 🧠: Shows/hides INV BUY / INV SELL markers.
• Use case 🧠: Useful when you want to study signal reversals 🔁

🎯🛑 Show Final TP/SL Marks

• What it does 🧠: Shows/hides final TP and SL markers.
• Use case 📒: Great for reviewing outcome distribution 🎲

📏 Show Risk Lines (Entry/SL/TP)

• What it does 🧠: Draws Entry 🏁, SL 🛑, Final TP 🎯 lines on the chart.
• Effect 📌: Visualizes the virtual trade structure instantly 🧠

🟢 Show Intermediate TP Lines

• What it does 🧠: Draws dotted lines for TP1/TP2/... levels.
• Tip 🧼: Disable if chart gets too “green spaghetti” 🍝🟢

📌 Keep Last Risk Lines

• What it does 🧠: Keeps the last Entry/SL/TP lines visible after virtual exit (TP/SL).
• Why it’s useful 📒: Perfect for journaling & post-trade analysis 🧑‍🔬✅

🧾 Max Markers On Chart (0=unlimited)

• What it does 🧠: Limits how many text objects the indicator leaves on the chart.
• How it works ♻️: When the limit is exceeded, the oldest markers are removed automatically.
• Recommended 🎛️: 80–200 depending on timeframe and history depth 🕰️

🧾 Show Info Panel

• What it does 🧠: Displays a compact status panel on the chart.
• Shows 📋: Status (LONG/SHORT/No Position), Entry, SL, TP, computed RR.
• Tip 💡: Keep ON while testing, OFF for clean final visuals 🧼