This script plots a trailing stop of the ATR multiplied by a user-defined number. Since it is meant to be used as a trailing stop, the value doesn't fluctuate with the price as a normal ATR indicator does, but stays fixed unless price moves away from it. In that case it follows the price. If price crosses the stop level, it resets itself based on current price...
Trailing % Stop is a simple Stop Loss indicator which users have to define a % percent rate to trail the price like MOVING STOP LOSS "MOST" Indicator. The main difference is MOST refers to exponential moving averages although Trail % Stop refers to source price. Default price of source is CLOSE price which can be optimized by the user. "What is a Trailing...
I realized that the zone changes in the stoploss remained slow, so I couldn't make enough use of the characteristics of technical indicators when opening positions. This pushed me to keep stop-loss under the influence of a dependent variable. This script helped me a lot (everget) : I've redesigned the stop-loss to be affected by intersections. Therefore, this...
Private Indicator. This is an indicator for trading low timeframes . It is generic and configurable meaning you can use it not only on crypto, but also forex, CFD, stocks etc. HOW IT WORKS The user chooses between three powerful base strategies: Bollinger Bands + Stoch RSI, RSI Divergences or the SARMA Strategy . He can also trade support and resistance...
Private Indicator. This is an indicator for trading low timeframes . It is generic and configurable meaning you can use it not only on crypto, but also forex, CFD, stocks etc. HOW IT WORKS The user chooses between three powerful base strategies: Bollinger Bands + Stoch RSI, RSI Divergences or the SARMA Strategy . He can also trade support and resistance...
Inspired by Anıl ÖZEKŞİ's Moving Stop Loss. This script using similar double sided trailing stoploss logic but i think MOST is not a truly double-sided since you can only select one value for percentage and it uses this value for calculating both sides. In this Double-sided MOST you can set each percentage seperately for uptrends and downtrends. Toggle for...
A private strategy from the Profitable SuperTrend preview for backtesting purposes.
Using parts of QQE (Qualitative Quantitative Estimation) again, this time I'm applying the trailing line of QQE on price directly. Outcome, it's behaving like a baseline filter and it can be use as an exit or a trailing stop indicator. As comparing to Kijun-sen line in yellow, the QQE trailing line follows the price closer, therefore exiting you sooner when the...
How To Work? (long Side Stoploss) This Indicator Calculate Every New Candle Open Price For Example, Candle Open Price 50 And You Set 1 Point Stoploss Then Your Stoploss Automatically Add 49 Then Next Candle Open Price 52 Your Stoploss Automatically Trail 51 Then Next Candle Price 51.5 But Your Stoploss 51 Fix Because Price Down But Stop Loss Not...
Hey Trailing SL or TP with Alerts (MV) if you want trailing Stoploss Alerts Alert condition select by default Symbol Less Than Select Trailing SL or TP with Alerts (MV) Second Plot if you want trailing Takeprofit Alerts Alert condition Select by default Symbol Greater Than Select Trailing SL or TP with Alerts (MV) First plot
WHERE EVER THE GREEN DOT IS THATS THE DIRECTION YOU CAN GO. IF YOU USE THE SL (RED DOT) YOU CAN BUT I PERSONALLY USE MY OWN STOP LOSS. IF YOUR INTRESTED IN THE INDIE AND HAVING ACCESS PLEASE EMAIL ME. mickyle2@gmail.com
I rely on this script for both my live trading and my backtesting process. I couldn’t live without it. It’s extremely simple – all it does is calculate your trailing stop price. How It Works The first number in blue is the current ATR (pips). The second number in green is your trailing stop loss price for Long trades, and the third number in red is your...
I rely on this script for both my live trading and my backtesting process. I couldn’t live without it. It’s extremely simple – all it does is calculate your trailing stop price. How It Works The first number in blue is the current ATR (pips). The second number in green is your trailing stop loss price for Long trades, and the third number in red is your...
Introduction Bands and trailing stops are important indicators in technical analysis, while we could think that both are different they can be in fact closely related, at least in the way they are made. Bands and trailing stops can be made from a simple central tendency estimator, like a moving average, and from a volatility estimator like standard deviation,...
Simple visualisation of Average True Range in Pinescript V4. The script has two modes: Running and Trailing. In Running mode, it continuously displays the ATR above and below the price. Specifically, it displays the High and Low price plus and minus the ATR times a user-supplied multiplier. This can be helpful for visualising volatility. In Trailing mode, it...
ATR Channels help you to identify where to place your stop-loss or trailing stop-loss based on price volatility, according to the Average True Range (ATR).
Introduction The ability to adapt to possible markets states is important in technical analysis, this is why making adaptive indicator might help get better results. I propose a trailing stop indicator using recursion that can adapt to the efficiency ratio. I have added alerts since it's a often requested feature. The Indicator Its quite classical, bands are...