A simple script using the last three bars(including the current) and draws a line on the chart under that for an easy automated stop loss point
SuperTrend with position sizing calculator. This is based on SuperTrend by Kivanc. I only added the position size calculation and displaying the result.
It is an ATR indicator which filters out outliers. Outliers are values which are higher than the standard deviation of the true range. It may be better than normal ATR for stop loss, because it does not keep large values after pump or dump. It is very useful for high volatile markets like crypto markets.
Trading is a lot about risk management too. I created this script to help with setting and moving a proper stop-loss. It plots an area that is a result of adding and subtracting both average true range and something I call "false range". ►The Average True Range is calculated as the candle's high-low. If there is a gap, it is added to complete the result. ►My own...
Where to put your stop-loss to avoid accidental exit. Configure your risk level. If you are in a long position and significant profit, increase the parameters to reduce the risk of accidental exit.
Hi everyone I am excited to share with you all a tool that has been in a lot of my research lately I and think would greatly benefit everyone. In the last years I have fallen in love with ATR stoplosses/ stop and reverses. However all the ones offered in the community lacked the features that I wanted to have, so I built them all myself and want to share them...
FINALLY! As everyone who tried to create, understand, or even find the Buff Pelz Dormeier Anti-volume stop-loss indicator knows that - it's not easy. Personally, I have partially, or perhaps completely figured out, the tips Buff had given in Investing with Volume Analysis book. AVSL now is ready. Please do some test and give me a feedback how it works in your...
Release Note: This indicator script setup is published to identify the strength and ride the trends. HMA: HMA 100 period is used as default. However this can be changed as per wish. Major turning points or decisions can be made using this HMA line. Purple color is used to identify this. This can be used as the final extreme stop for any trend before it...
Here is a label panel that shows the stop-loss number for Long or Short trades based on volatility using average true range and and a mult of that.
Here you can choose to plot 3 different ATR values in 1 window. I use this indicator to get the values of my stop loss and take profits. You can change the multiplier value for each ATR Line and the length of the base ATR. Ty
One-Stop Trading Setup: This script designed to identify up, down, and sideways trends. 200 HMA, 9 EMA, PSAR, and ATR are used to identify the strength of any instrument. Candle Colors - Simpler approach to follow: Green color indicates for up side trade signals Red color indicates for down side trade signals Yellow color can be interpreted for stop,...
This simple indicator will plot the take profit and stop loss values based on the ATR indicator. It's possible to set how many times the ATR value will be applied to the closing price and what trade type is used, Long or Short.
Automatic indicator of take profit levels for any time frame. It can be used as a visualization of resistance levels, when the lines are located next to each other, the price goes to the side where the levels are located more freely. If you have an indicator with signals, you can set take profit by levels.
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...
ATR is an indicator that has been removed and replaced with a moving average.Bar colors and infopanel have been added. //Barcolor Green = ExMov > Most and close > Most and low > Most Blue = ExMov > Most and close > Most and low < Most Red = Most > ExMov and close < Most and high < Most Yellow = Most > ExMov and close < Most and high > Most //It gives White color...
=========== Percent Trailing Stop (%) - { FOR STUDY SCRIPTS } =========== Wow - this is an example of how to implement Alerts relating to a Trailing Stop (%) within your Study Script. It's taken a bit of effort to get this working but I think we got there! Alerts include Open Long/Short, Trailing Stop Hit, and (the most important one) Movement of Trailing...
=========== Fixed Percent Stop Loss & Take Profit % - { FOR STUDY SCRIPTS! } =========== A neat example of how to set up Fixed Stops and Take Profit as a percent of the entry price - This is for setting Alerts within your own Study Script for when either your SL or TP get hit. Yup, that's about it! You can ignore the actual entry/exit orders - they're based...
What is ATR By Time (Chart)? This premium indicator is a companion script to my ATR By Time indicator. This companion script draws your stop loss price to the chart directly. In the above example, the black line represents a regular 1x ATR stop loss above and below price action, while the colored lines are the 1x ATR By Time indicator values when set to...