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Quintalytics TrailingStop MultiTime
Quintalytics TrailingStop MultiTime is a combination of a Trend, Sideways/Chop Detection, and Trailing Stop Loss indicator.
This indicator is suitable for use in all timeframes and markets.
The Multiple time Frame function allows for the TrailingStop to be Calculated from another timeframe and shown in the current chart.
For Example:
4 Hour TrailingStop line on a 60 Minute Chart
Daily TrailingStop line on a 4 Hour Chart
15 Minute TrailingStop line on a 5 Minute Chart
COLORS
The Color GREEN indicates the presence of a Bullish Trend.
The Color RED indicates the presence of a Bearish Trend.
The Color YELLOW indicates that the market is Sideways a.k.a. Flat a.k.a. Choppy.
You have the option of COLORING the BAR to match the current TrailingStop color.
You have the option of applying a Smoothing to the TrailingStop line.
You have the option of showing a Standard Deviation Band based on the TrailingStop line.
SETTINGS
The indicator has seven parameters:
1. Lookback - # of previous bars used to calculate the trailing stop
2. Std Dev Lookback - # of previous bars used to calculate the Standard Deviation
3. Std Dev X – Multiplier of Std dev. i.e. 2 = 2x Std Dev of the TrailingStop line
4. Color Bar? – toggle Coloring of the Candlestick/Bars on the chart
5. Show Std Dev? – toggle showing the Std Dev bands.
6. Smooth? – toggle Smoothing the TrailingStop line
7. Timeframe - Select the time frame used to calculate the TrailingStop (1 Hour, 4 Hours, 1 Day, 1 Week, etc.)
Changing these settings individually or in combination will yield varying results.
2 Alerts are provided with the indicator: CLOSE OVER STOP line and CLOSE UNDER STOP line
This indicator is suitable for use in all timeframes and markets.
The Multiple time Frame function allows for the TrailingStop to be Calculated from another timeframe and shown in the current chart.
For Example:
4 Hour TrailingStop line on a 60 Minute Chart
Daily TrailingStop line on a 4 Hour Chart
15 Minute TrailingStop line on a 5 Minute Chart
COLORS
The Color GREEN indicates the presence of a Bullish Trend.
The Color RED indicates the presence of a Bearish Trend.
The Color YELLOW indicates that the market is Sideways a.k.a. Flat a.k.a. Choppy.
You have the option of COLORING the BAR to match the current TrailingStop color.
You have the option of applying a Smoothing to the TrailingStop line.
You have the option of showing a Standard Deviation Band based on the TrailingStop line.
SETTINGS
The indicator has seven parameters:
1. Lookback - # of previous bars used to calculate the trailing stop
2. Std Dev Lookback - # of previous bars used to calculate the Standard Deviation
3. Std Dev X – Multiplier of Std dev. i.e. 2 = 2x Std Dev of the TrailingStop line
4. Color Bar? – toggle Coloring of the Candlestick/Bars on the chart
5. Show Std Dev? – toggle showing the Std Dev bands.
6. Smooth? – toggle Smoothing the TrailingStop line
7. Timeframe - Select the time frame used to calculate the TrailingStop (1 Hour, 4 Hours, 1 Day, 1 Week, etc.)
Changing these settings individually or in combination will yield varying results.
2 Alerts are provided with the indicator: CLOSE OVER STOP line and CLOSE UNDER STOP line
仅限邀请脚本
只有经作者批准的用户才能访问此脚本。您需要申请并获得使用权限。该权限通常在付款后授予。如需了解更多详情，请按照以下作者的说明操作，或直接联系quintalytics。
除非您完全信任其作者并了解脚本的工作原理，否則TradingView不建议您付费或使用脚本。您还可以在我们的社区脚本中找到免费的开源替代方案。
作者的说明
提醒：在请求访问权限之前，请阅读仅限邀请脚本指南。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
仅限邀请脚本
只有经作者批准的用户才能访问此脚本。您需要申请并获得使用权限。该权限通常在付款后授予。如需了解更多详情，请按照以下作者的说明操作，或直接联系quintalytics。
除非您完全信任其作者并了解脚本的工作原理，否則TradingView不建议您付费或使用脚本。您还可以在我们的社区脚本中找到免费的开源替代方案。
作者的说明
提醒：在请求访问权限之前，请阅读仅限邀请脚本指南。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。