The general idea of using SwingArms is to provide a visual confirmation of a trend change. Green for bullish (BUY) Red for bearish (SELL) A color-coded system providing an easy way for a novice to understand. Converted to TradingView based on the work of Jose Azcarate. I hope you guys enjoy.
Trailing stop loss indicator to determine when to exit a position. Multiple trailing stop loss calculation techniques are implemented: ATR: Determines stop loss using a gap from recent highest value, that gap is defined by the ATR value and a multiplier MA: Just a simple moving average used as a stop-loss Percentage: Uses a percentage of the price The...
The Nutshell indicator gives you a true read of the market at quick glance – “in a nutshell”. The indicator contains components for volatility, momentum, trend strength, volume flow, price divergence detection, and impulsive move detection. This allows you to discern improved entry and exit points and accommodates many trading styles, systems, and strategies. ...
HG Scalpius - ATR Up/Down Tick Highlight This indicator highlights ATR(14) upticks (green) and downticks (red) and has the below application: - If a new trend closing high (low) is made on a downtick in ATR, decreasing volatility mode turns on If you come across or think of any other useful scripts for the HG Scalpius system please comment below! Links to 2...
Cracking Cryptocurrency - Quadrigo Position Sizing This indicator is designed to work in conjunction with our position sizing calculations pursuant to the Quadrigo Indicator. This indicator will allow a trader to input their Account Balance and desired Risk % that they have decided, through their statistical analysis, provides them the greatest Return on...
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...
This script using ATR (average true range) with source hl2 for create Support/ Resistance line The color meaning: - Green = Support line - Red = Resistance line Signal: - If close price breakout Resistance line -> LONG signal will been active. - If close price breakout Support line -> SHORT signal will been active. Input setting: Recommended default setting. -...
#Always follow MAJOR trend, find MINOR trend as per Major trend and choose entry/exit accordingly . Suppose major trend is blue so only go long while inside minor trend is green, when it turns RED exit from long but dont short in BLUE i.e. major uptrend and vice versa for downtrend i.e. major should be pink and minor should be red for short and when it turn green...
**This is my first strategy on the Pine editor, any tips or tricks from the community would be awesome! This strategy was developed from my indicator "cATRpillar". it uses the ATR range values to determine entry, and uses EMA values to determine an exit if the market goes against it.
This indicator has almost everything for intraday trading . There are two supertrends one with higher time frame and one at lower time frame, Due to which we can recognize reversal. If higher time frame supertrend is showing uptrend and minor is showing downtrend then better to avoid taking any trade in between. Both trend should be in same direction. Tenkan and...
This indicator is used to identify range breakouts using an ATR multiplier. My first script, Im sure there are indies out there like this, but this my favorite way to identify breakouts and trends.
Shows: 1. The current True Range, taken as ATR(1) as % of the close price 2. The SMA(14) of the current True Range, taken as ATR(1) as % of the close price
Indacator shows price range calculated as previous closing price +/- ATR * multiplier Setup options: multiplier, average type (RMA, EMA,SMA,WMA), Source and number of point to average Индикатор показывает диапазон цен рассчитанный как цена предыдущего закрытия +/- ATR * множитель Настраивается : Множитель, тип усреднения (RMA, EMA,SMA,WMA), Источник и Длина усреднения
Hello Traders, The average true range (ATR) is a technical analysis indicator that measures market volatility . The ATR indicator is easy to use and gives an accurate reading about an ongoing trend that very effective. I. Signals are used for entry - Entry your long position (buy) when price crosses above the ATR trailing stop line. - Entry...
You can monitor the stop loss level according to ATR in 2 ways (Long/Short).
Bot Buddy is a script that uses customized indicators to give out signals for a number of different assets with high probability and really good risk to reward. Bot Buddy will provide: - Entry signals with alerts - Stop Loss - Two Take profit targets - Break Even signals with alerts How does it work? -Uses a Trend direction to find trades going in the right...
Same coding only coloring and information panel was added. CDC ATR Trailing Stop V2.1 (2013) //Barcolor Green = Trail1 > Trail2 and close > Trail2 and low > Trail2 Blue = Trail1 > Trail2 and close > Trail2 and low < Trail2 Red = Trail2 > Trail1 and close < Trail2 and high < Trail2 Yellow = Trail2 > Trail1 and close < Trail2 and high > Trail2 //It gives White...