OPEN-SOURCE SCRIPT
已更新 MTA-Traling Stop
Introduction
Based on my previous indicator
, this indicator plot a trailing stop using classic conditions.
Using The Indicator
Like any trailing stop when price is higher than the trailing stop this imply a buy signals, when price is lower than the trailing stop this imply a sell signal. It is possible to use decimals instead of integers for length as shown here :
length = 14.7
The indicator tend to react faster to price movements when a trend has been really long, this methodology is similar to the one used by the parabolic sar.
Downsides
Lack of robustness with the length parameter, the behaviour of the trailing stop can be hard to predict. There is a real need for control.
Conclusion
The indicator can be adaptive, even if it already is in a certain way, by changing the alpha variable at the start considering that 0 < alpha < 1. Its not recommended to use it right now except for testing/coding purpose.
It is clear that i'm not enthusiast when it come to this script, there is a real lack of accuracy, i still hope it can be of use.
Based on my previous indicator
Using The Indicator
Like any trailing stop when price is higher than the trailing stop this imply a buy signals, when price is lower than the trailing stop this imply a sell signal. It is possible to use decimals instead of integers for length as shown here :
length = 14.7
The indicator tend to react faster to price movements when a trend has been really long, this methodology is similar to the one used by the parabolic sar.
Downsides
Lack of robustness with the length parameter, the behaviour of the trailing stop can be hard to predict. There is a real need for control.
Conclusion
The indicator can be adaptive, even if it already is in a certain way, by changing the alpha variable at the start considering that 0 < alpha < 1. Its not recommended to use it right now except for testing/coding purpose.
It is clear that i'm not enthusiast when it come to this script, there is a real lack of accuracy, i still hope it can be of use.
版本注释
Updated to version 3开源脚本
本着TradingView的真正精神，此脚本的创建者将其开源，以便交易者可以查看和验证其功能。向作者致敬！虽然您可以免费使用它，但请记住，重新发布代码必须遵守我们的网站规则。
Check out the indicators we are making at luxalgo: tradingview.com/u/LuxAlgo/
"My heart is so loud that I can't hear the fireworks"
"My heart is so loud that I can't hear the fireworks"
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。
开源脚本
本着TradingView的真正精神，此脚本的创建者将其开源，以便交易者可以查看和验证其功能。向作者致敬！虽然您可以免费使用它，但请记住，重新发布代码必须遵守我们的网站规则。
Check out the indicators we are making at luxalgo: tradingview.com/u/LuxAlgo/
"My heart is so loud that I can't hear the fireworks"
"My heart is so loud that I can't hear the fireworks"
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。