ABOUT THIS INDICATOR This is a simple indicator that can help you manage the risk when you are trading, and especially if you are leverage trading. The indicator can also be used to help visualize and to find trades within a suitable or predefined trading range. This script calculates and draws six “profit and risk lines” (levels) that show the change in...
Library "TrailingStops" This library contains functions to output trailing stop lines. f_marketStructureStop(_restartMode, _flipMode, _restartLowIn, _restartHighIn) Parameters: _restartMode - Defines how the stop lines persist. Allowed values are: "Always On" - The stop lines are always present and they just reset when they're crossed. ...
Description: An indicator based on ATR adjusted for volatility of the market. It uses Heikin Ashi data to find short and long opportunities and displays a dynamic stop loss level. Additionally, it has alerts for when the trend changes (which is an entry signal). How it works: It works by dynamically calculating the Period for ATR which depends on current...
Hello traders, This is a script I use daily as a scalper and it helps me a lot, maybe it can help you, this is why I am sharing it! PART 1 - DESCRIPTION This program is specifically designed to help scalpers but can be used for all types of trading but won't be as useful. This script is what I call an entry helper as it calculates dynamically the position size,...
Entering a short position after breaking the upper Bollinger Band, entering a long position when entering after breaking the lower Bollinger Band Provides templates for how to display position average price, stop loss, and profit price using the plot function on the chart, and how to buy splits After entering the position, if the price crosses the mid-band...
This indicator is "Interactive" which means some inputs can are manually added through the first click after adding the indicator to the chart (SAR Trailing Stop-loss start point). Unlike the normal Parabolic SAR, this indicator allows for the modification of the start point of the Parabolic SAR’s first bar calculation. Normally, the Parabolic SAR automatically...
This strategy uses the Fast Fourier Transform inspired from the source code of @tbiktag for the Fast Fourier Transform & @lazybear for the VMA filter. If you are not familiar with the Fast Fourier transform it is a variation of the Discrete Fourier Transform. Veritasium on youtube has a great video on it with a follow up recommendation from...
This indicator is "Interactive" which means some inputs can are manually added through the first click after adding the indicator to the chart (ATR Trailing Stop-loss start point). See images below for more explanation. Why use a trailing stop-loss? A trailing stop-loss provides an exit when price moves against you but also enables you to move the exit point...
Hello Guys! Nice to meet you all! This is my Second script after changing My Profile Name! I updated my strategy template before - I added some filter conditions (EMA, ADX, DMI). If there's something to update, I will update this script! Thank you! ----- I made this based on the open source strategies by jason5480, kevinmck100, myncrypto. Thank you All! ###...
Hello Guys! Nice to meet you all! This is my fourth script! This is the Strategy Template for traders who wants to make their own strategy. I made this based on the open source strategies by jason5480, kevinmck100, myncrypto. Thank you All! ### StopLoss 1. Can Choose Stop Loss Type: Percent, ATR, Previous Low / High. 2. Can Chosse inputs of each Stop Loss...
Library "Strategy_PnL_Library" TODO: This is a library that helps you learn current pnl of open position and use it to create your own dynamic take profit or stop loss rules based on current level of your profit. It should only be used with strategies. inTrade() inTrade: Checks if a position is currently open. Returns: bool: true for yes, false for no. ...
This script used a grid system that is set when a "buy" signal is sent to generate profits inside of a range. This script used macd to weed out bad buys and then sells once the price either reaches the grid - or hits the stoploss. This works best in bullish and ranging markets.
The purpose of this tool is to help the trader determine a safe stop loss price and take profit which dynamically changes due to ATR (Average True Range) This tool uses the concept of ATR (Average True Range) Risk Reward Ratio (Money Management method) How is ATR Stop Loss and Take Profit Finder working Step 1 ) Tool will calculate TR(True...
This is a multiple multi-timeframe version of famous supertrernd only with Heikin Ashi as source. Atr which stands in the heart of supertrend is calculated based on heikin-ashi bars which omits a great deal of noises. with 6 multiplication of the supertrend, its simply much easier to spot trend direction or use it as trailing stop with several levels available....
(My goal creating this indicator) : Provide a way to enter the market systematically, automatically create Stop Loss Levels and Take Profit Levels, and provide the position size of each entry based on a fix Percentage of the traders account. The Underlying Concept : What is Momentum? The Momentum shown is derived from a Mathematical Formula, SUPERTREND. When...
Thank You For Open Source Code, This Strategy Ref. By 1.Simple Strategy Like MA Crossover For Long/Short or Spot Trade, 2. CDC Action Zone V.2 for BarPaint This Strategy Mixing With MA Crossover Strategy and BarPaint By CDC Action Zone and TP/SL by Varbara ### How To Use Strategy : Setting EMA/SMA Crossover EMA/SMA, Any Value If You Want For Long Position :...
The purpose of strategy is to detect long-term uptrend and short-term downtrend so that you can easy to take profit. The strategy also using BHD unit to detect how big you win and lose, so that you can use this strategy for all coins without worry about it have different percentage of price change. ENTRY The buy order is placed on assets that have...
First off, huge thanks to @fikira! He was able to adapt what I built to work much more efficiently, allowing for more strategies to be used simultaneously. Simply put, I could not have gotten to this point without you. Thanks for what you do for the TV community. Second, I am fairly new to pinescript writing, so I welcome criticism, thoughtful input and...