INVITE-ONLY SCRIPT
Diupdate

Toptrade v3.0

117
Toptrade v3.0
change the name from livermore to toptrade
Catatan Rilis
# Release Notes

## Toptrade v3.0 - Label Offset Improvement

### 🎯 Overview
This release fixes the label positioning issue that caused trading signal labels to appear too far from the K-line charts, especially on high-priced instruments like QQQ.

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## 📋 Changes

### ✨ New Features
- **Configurable Label Offset**: Added a new input parameter `labelOffsetMultiplier` (default: 0.3) that allows users to adjust the distance between trading signal labels and K-lines
- Range: 0.1 - 2.0
- Step: 0.1
- Tooltip: "Relative multiplier to ATR for calculating label distance from K-line"

### 🐛 Bug Fixes
- **Fixed Label Offset Calculation**: Replaced the fixed offset formula `atrValue * 1.5 + 50` with a more adaptive `atrValue * labelOffsetMultiplier`
- **Problem**: The previous formula caused labels to appear too far from K-lines on high-priced instruments (e.g., QQQ with large ATR values)
- **Solution**: Removed the fixed `+50` offset and made the multiplier configurable, allowing the offset to scale appropriately with different instrument types

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## 📊 Impact

### Before
- QQQ (ATR = 5): Offset = 5 × 1.5 + 50 = **57.5 points** ❌ Too far
- SPY (ATR = 3): Offset = 3 × 1.5 + 50 = **54.5 points** ❌ Too far

### After
- QQQ (ATR = 5, multiplier = 0.3): Offset = 5 × 0.3 = **1.5 points** ✅ Appropriate
- SPY (ATR = 3, multiplier = 0.3): Offset = 3 × 0.3 = **0.9 points** ✅ Appropriate

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## 🔧 Configuration

### Recommended Settings by Instrument Type

| Instrument Type | Recommended Multiplier | Notes |
|----------------|------------------------|-------|
| High-priced stocks (QQQ, SPY, AAPL) | 0.2 - 0.4 | Default 0.3 works well |
| Mid-priced stocks | 0.4 - 0.6 | Adjust based on ATR |
| Low-priced stocks | 0.6 - 1.0 | May need higher multiplier |
| Cryptocurrencies | 0.1 - 0.5 | Depends on price level |
| Forex pairs | 0.3 - 0.5 | Usually stable |

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## 📝 Technical Details

### Modified Code Sections
1. **Input Parameters** (Line ~56)
- Added: `labelOffsetMultiplier` input parameter

2. **Buy Signal Label Positioning** (Line ~209)
- Changed from: `labelOffset = atrValue * 1.5 + 50`
- Changed to: `labelOffset = atrValue * labelOffsetMultiplier`

3. **Sell Signal Label Positioning** (Line ~242)
- Changed from: `labelOffset = atrValue * 1.5 + 50`
- Changed to: `labelOffset = atrValue * labelOffsetMultiplier`

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## 📚 Related Files
- `toptradev3.0.pine` - Main indicator script

Pernyataan Penyangkalan

Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.