OPEN-SOURCE SCRIPT
PG ATR based Stop Loss
A stoploss system that enables traders to exit with limited loss or even trailing loss.
Use the levels of indicator against the candle that has seen signidicant move for running positions and the candle in which a new position is taken.
Example : For long Nifty Future at 14990 levels, when Indicator is showing 14820 at bottom on a 30 min chart, 14820 can be used as a stop loss,
similarly for short conditions upper values above top of he candle will be followed.
For medium term ongoing positions, use the levels marked against candle that offered a major move, or the candles that has put the underlying in a new price zone or range.
15-30 minutes are suitable period for intraday / short term trades. Two hours or day periods can be used for positional trades.
**Queries are welcme.**
Use the levels of indicator against the candle that has seen signidicant move for running positions and the candle in which a new position is taken.
Example : For long Nifty Future at 14990 levels, when Indicator is showing 14820 at bottom on a 30 min chart, 14820 can be used as a stop loss,
similarly for short conditions upper values above top of he candle will be followed.
For medium term ongoing positions, use the levels marked against candle that offered a major move, or the candles that has put the underlying in a new price zone or range.
15-30 minutes are suitable period for intraday / short term trades. Two hours or day periods can be used for positional trades.
**Queries are welcme.**
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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。