Personal Experiment Indicator based on Donchian Channel and ATR
Blue Dot = Entry Point Red Dot = Stop Loss Green Dot = Breakout Candle Orange Triangle = Uptrend Confirmation
Entry - only entry if it suit your risk - Entry at the beginning of uptrend is a good entry
Stop Loss - Stop Loss calculation are based on 100 lot shares - Risk calculation at Info panel
Take Profit (TP) - TP calculation as followed : Range = Close Price - Stop Loss
TP1 = Close Price + ( 1 x Range ) TP2 = Close Price + ( 2 x Range ) TP3 = Close Price + ( 3 x Range )
Note : EP = Entry price / Trigger price CP = Close Price SL = Stop Loss Risiko = ( CP - SL ) x 100 lot
Nota Keluaran
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- Added Bollinger Band - - Tilson Line = hampir sama fungsi dengan Moving Average (SMA5) -
Nota Keluaran
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Revised and Updated Script with Simpified Version
Added : - Bollinger band - High Low Lines - Tilson Line - act as closest support and resistance = almost same as sma5 - Green Candle = Breakout Candle - Red Candle = Hit Stop Loss Candle
Thanks :)
Nota Keluaran
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- New Clean Look -
Nota Keluaran
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- updated -
Nota Keluaran
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Nota Keluaran
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- Fix Stop Loss -
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Minor Update :
Dot Green = Breakout Candle Green Candle = Breakout Candle with exceeding highest price of previous 20 candles Red Dot = Trailing Stop / Stop Loss Red Candle = when price break Trailing Stop
Thanks 😊
Added : Tables which consist of : - Volume - Transaction = Volume * Current Price - Relative Volume (RV) = ( Volume / ( average 20days Volume ))
If RV is = 1 ( is average volume ) but if RV > 2 than we can assume current volume are high 2 times than usual.
Nota Keluaran
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- Added 1 Layer of Gann - R1 act as Resistance or TP level - S1 act as Support or Exit level - Label Info is now positioned at the lower part to give space for Gann line