Wx Stop Loss Beta

5 Mei

Wx Stop Loss Beta is an adaptive stop-loss overlay intended for discretionary entry management in medium- to long-term trades. It integrates a volatility filter, support-based logic, and capital protection constraints.
• Manual Entry Price: User inputs their actual entry point
• Volatility Anchor: Stop-loss adjusts using ATR (customizable length and multiplier)
• Support Reference: Based on swing low over a configurable lookback period
• Loss Cap: Maximum allowable loss percentage from entry price (hard floor)
• Trailing Logic: Stop-loss only moves upward (never lowers), adapting to favorable price action
• Output: Displays a horizontal line at the stop-loss level and renders its value in the data window

Warning: This tool is experimental and has not been formally backtested. It is provided as-is for manual strategy enhancement. Use at your own discretion, and validate thoroughly in a paper or sandbox environment before relying on it in live trading. Feedback and critique are encouraged.

6 Mei

Catatan Rilis

Wx Stop Loss Beta is an adaptive stop-loss overlay intended for discretionary entry management in medium- to long-term trades. It integrates a volatility filter, support-based logic, and capital protection constraints.
• Manual Entry Price: User inputs their actual entry point
• Volatility Anchor: Stop-loss adjusts using ATR (customizable length and multiplier)
• Support Reference: Based on swing low over a configurable lookback period
• Loss Cap: Maximum allowable loss percentage from entry price (hard floor)
• Trailing Logic: Stop-loss only moves upward (never lowers), adapting to favorable price action
• Output: Displays a horizontal line at the stop-loss level and renders its value in the data window

Warning: This tool is experimental and has not been formally backtested. It is provided as-is for manual strategy enhancement. Use at your own discretion, and validate thoroughly in a paper or sandbox environment before relying on it in live trading. Feedback and critique are encouraged.

6 Mei

Catatan Rilis

Wx Stop Loss Beta is an adaptive stop-loss overlay intended for discretionary entry management in medium- to long-term trades. It integrates a volatility filter, support-based logic, and capital protection constraints.
• Manual Entry Price: User inputs their actual entry point

• Volatility Anchor: Stop-loss adjusts using ATR (customizable length and multiplier)
• Support Reference: Based on swing low over a configurable lookback period
• Loss Cap: Maximum allowable loss percentage from entry price (hard floor)
• Trailing Logic: Stop-loss only moves upward (never lowers), adapting to favorable price action
• Output: Displays a horizontal line at the stop-loss level and renders its value in the data window

Warning: This tool is experimental and has not been formally backtested. It is provided as-is for manual strategy enhancement. Use at your own discretion, and validate thoroughly in a paper or sandbox environment before relying on it in live trading. Feedback and critique are encouraged.

6 Mei

Catatan Rilis

Wx Stop Loss Beta is an adaptive stop-loss overlay intended for discretionary entry management in medium- to long-term trades. It integrates a volatility filter, support-based logic, and capital protection constraints.
• Manual Entry Price: User inputs their actual entry point
• Volatility Anchor: Stop-loss adjusts using ATR (customizable length and multiplier)
• Support Reference: Based on swing low over a configurable lookback period
• Loss Cap: Maximum allowable loss percentage from entry price (hard floor)
• Trailing Logic: Stop-loss only moves upward (never lowers), adapting to favorable price action
• Output: Displays a horizontal line at the stop-loss level and renders its value in the data window

Warning: This tool is experimental and has not been formally backtested. It is provided as-is for manual strategy enhancement. Use at your own discretion, and validate thoroughly in a paper or sandbox environment before relying on it in live trading. Feedback and critique are encouraged.

14 Mei

Catatan Rilis

Wx Stop Loss Beta is an adaptive stop-loss overlay intended for discretionary entry management in medium- to long-term trades. It integrates a volatility filter, support-based logic, and capital protection constraints.

• Manual Entry Price: User inputs their actual entry point
• Volatility Anchor: Stop-loss adjusts using ATR (customizable length and multiplier)
• Support Reference: Based on swing low over a configurable lookback period
• Loss Cap: Maximum allowable loss percentage from entry price (hard floor)
• Trailing Logic: Stop-loss only moves upward (never lowers), adapting to favorable price action
• Output: Displays a horizontal line at the stop-loss level and renders its value in the data window

This update removed the blue line connecting every candle.

Warning: This tool is experimental and has not been formally backtested. It is provided as-is for manual strategy enhancement. Use at your own discretion, and validate thoroughly in a paper or sandbox environment before relying on it in live trading. Feedback and critique are encouraged.

14 Mei

Catatan Rilis

Wx Stop Loss Beta is an adaptive stop-loss overlay intended for discretionary entry management in medium- to long-term trades. It integrates a volatility filter, support-based logic, and capital protection constraints.
• Manual Entry Price: User inputs their actual entry point
• Volatility Anchor: Stop-loss adjusts using ATR (customizable length and multiplier)
• Support Reference: Based on swing low over a configurable lookback period
• Loss Cap: Maximum allowable loss percentage from entry price (hard floor)
• Trailing Logic: Stop-loss only moves upward (never lowers), adapting to favorable price action
• Output: Displays a horizontal line at the stop-loss level and renders its value in the data window

Warning: This tool is experimental and has not been formally backtested. It is provided as-is for manual strategy enhancement. Use at your own discretion, and validate thoroughly in a paper or sandbox environment before relying on it in live trading. Feedback and critique are encouraged.

14 Mei

Catatan Rilis

This version now caps the stop-loss at a maximum of 15% below the current price.

22 Sep

Catatan Rilis

Wx Stop Loss Beta (Live Price Capped)
Adaptive, trail-up-only stop-loss overlay. The script computes a base stop each bar and then trails it upward using a persistent series so the stop never decreases.

Method
• Base stop = max( SwingLow(swingBack) − ATR(atrLength)*atrMult , close*(1 − maxLossPct/100) )
– Swing-low minus ATR buffer (volatility / structure)
– Capped so the stop is never deeper than maxLossPct below the current price
• Trail logic: trailStop = max(trailStop[1], baseStop) updated only on bar close (barstate.isconfirmed) to avoid intrabar oscillation. The trailed stop therefore moves up only and never down.

Inputs
• ATR Length (default 14)
• ATR Multiplier (default 1.0)
• Swing Low Lookback (default 12)
• Max Loss % from Current Price (default 15%)

Output
• Horizontal stop line (extends right) and a label showing SL: <value> at the current bar.

Notes / Limitations
• The stop does not auto-reset after a hypothetical stop-out; it keeps the last trailed value. (Add your own reset/exit logic if desired.)
• Works on any timeframe; updates on confirmed bars only.
• Visual tool only—does not place broker orders.

Disclaimer
Experimental beta. No formal backtest included. Use at your own discretion; validate in paper trading before live use. Not investment advice.