=========== 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...
=========== Fixed Percent Stop Loss & Take Profit % =========== A neat example of how to set up Fixed Stops and Take Profit as a percent of the entry price. Yup, that's about it! You can ignore the actual entry/exit orders - they're based on a simple MA cross and are therefore NOT relevant, NOT really profitable and NOT recommended! You should be using...
This script is for a triple moving average strategy where the user can select from different types of moving averages, price sources, lookback periods and resolutions. Features: - 3 Moving Averages with variable MA types, periods, price sources, resolutions and the ability to disable each individually. - Crossovers are plotted on the chart with detailed...
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).
Instantaneous Trendline Strategy by John Ehlers from his book "Cybernetic Analysis for Stocks and Futures". You can choose implementation of stop-loss. Don't forget to define correct spread for your instrument.
This is an updated version of my previous stop loss script. I've added a double EMA line and modified the stop as below; In an uptrend.... 1. a yellow dot will appear once it's time to move your stop. The yellow dot will display at the level of the stop loss. Place your stop 1 pip below the dot. 2. The yellow dot will only appear if a new higher low has formed...
Binque's Stop Loss Indicator is a great way to visualize a trailing stop loss based on a percent from the high. i.e. If the high was $10 of a trading day and your stop loss was set at 5% (percent) then your chart would show a small dot 5% below the high of the day. This is a great way to quickly see a trailing stock idea. Change the color to match your back...
XPloRR MA-Buy ATR-MA-Trailing-Stop Strategy Long term MA Trailing Stop strategy to beat Buy&Hold strategy None of the strategies that I tested can beat the long term Buy&Hold strategy. That's the reason why I wrote this strategy. Purpose: beat Buy&Hold strategy with around 10 trades. 100% capitalize sold trade into new trade. My buy strategy is triggered by the...
This script is designed to aid in back-testing and trade execution. It displays three sets of values - the teal colored value is the current ATR, the green colored value is your stop loss distance (in pips) below the most recent swing low for long trades , and the red colored value is your stop loss distance (in pips) above the most recent swing high for short...