Cracking Cryptocurrency - Quadrigo

Cracking Cryptocurrency - Quadrigo

An objective method of determining an initial Take Profit and Stop Loss, based on true market volatility and not arbitrary price levels. This indicator gives the user a powerful range of input variation, from Average to Median True Range and a myriad permutations of smoothing and look back lengths, to build an objective value from which to measure profit and stop levels.

This indicator also automatically calculates a recommended position size based on our position sizing methodology. Simply input your capital amount and desired risk level. This indicator will display your optimum position size in USD or BTC, even giving you the flexibility to select your desired exchange for BTC/USD conversion calculations.

Features & Functions

• Set custom multipliers for Take Profit and Stop Loss Levels.
  
• Select between Average or Median True Range Calculations.
  
• Select smoothing type and look back length for True Range.
  
• Input custom True Range Level for dialing in precise measurements.
  
• Position Size Calculator.
  
• Aesthetically pleasing display of Take Profit and Stop Loss Levels.
  
• Aesthetically pleasing dashboard display of all relevant trade information including Potential Loss, Distance to Stop Loss, and TR Percentage, among other data.
  
• Indicator displays quantity of position to be removed at each take profit for convenient order setting flow.
  

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Purpose

To give clear objective stop losses and take profit levels based off price volatility rather than arbitrary price levels, percentage points, ticks, pips, etc.