This script is an enhancement of ATR Indicator. It is used to determine the stop loss position by using the ATR indicator, in conjunction with the low of the candle. Formula = Stop Loss = Lowest(Lowest Length) - (ATR Multiplier * ATR (Smoothing, Length)) However, the user needs to manually identify the swing low for a better stop loss placement. Parameter...
Trend Surfers - Premium Breakout Strategy with Alerts I am happy today to release the first free Trend Surfers complete Breakout Strategy! The strategy includes: Entry for Long and Short Stoploss Position Size Exit Signal Risk Management Feature How the strategy works This is a Trend Following strategy. The strategy will have drawdowns, but they...
Average True Range in Percent to price - 2 customizable horizontal line: to be used as custom levels.
Crypto Risk Buddy Position Size, Stop Loss & Take Profit System The ultimate system to calculate trading risk on crypto assets. ₿ Cyptocurrencies Position Sizing De-risk possible drawdown by calculating a proper position size. Define your risk percent based on your net value Freely define your account currency Trade any asset by the...
This Bull Market Trend Following Strategy is perfect for long or short term Crypto or traditional market trading and investing. It is based mainly on the ATR indicator and will therefore adapt to any market conditions and volatility. It has a number of variable options to try and maximise gains, including stop loss and take profit points, and the ability to...
Normalized version of Quantitative Qualitative Estimation QQE: Normalized QQE tries to overcome the problems of false signals due to RSI divergences on the original QQE indicator. The main purpose is to determine and ride the trend as far as possible. So users can identify: UPTREND : when nQQE Histogram is GREEN (nQQE is above 10) DOWNTREND : when nQQE...
Plot ATR% along with selected compression horizontal line. Bar color changes when inside specified value.
This script simplifies and gives more control to the user when using EMA with ATR in a bands form. The default values has to be changed according to your plan.
Here is an attempt to segregate ATR into ATR of up days and down days. While setting trailing stops based on ATR, you probably need to consider more on how an instrument can drop during red days. Hence, ATR of only red days makes more compelling case than overall ATR. Another use case for this kind of indicator may be in options if you are selling puts and calls...
A stoploss system that enables traders to exit with limited loss or even trailing loss. Use the levels of indicator against the candle that has seen signidicant move for running positions and the candle in which a new position is taken. Example : For long Nifty Future at 14990 levels, when Indicator is showing 14820 at bottom on a 30 min chart, 14820 can be...
Here is a Risk Management Indicator that calculates stop loss and position sizing based on the volatility of the stock. Most traders use a basic 1 or 2% Risk Rule, where they will not risk more than 1 or 2% of their capital on any one trade. I went further and applied four levels of risk: 0.25%, 0.50%, 1% and 2%. How you apply these different levels of risk is...
What this can be used for: If you've already decided you want to trade a symbol, this can identify points of momentum alignment. If a strong move has recently happened and you're looking for a change in momentum. How it works: This is a weighted combination of a Stochastic RSI and two modified SuperTrend (ATR Trailing Stop) indicators: The...
The Average True Range is a single line indicator that measures volatility. The indicator was originally developed by J. Welles Wilder to measure the volatility of commodities within the futures market. ATR does not measure price trends or price direction hence %R and Parabolic SAR indicators were added. The strategy enhances standard Average True Range and %R...
It is an ATR indicator which filters out outliers. Outliers are values which are higher than the standard deviation of the true range. It may be better than normal ATR for stop loss, because it does not keep large values after pump or dump. It is very useful for high volatile markets like crypto markets.
Helpful in forming Support resistance Judgements Rectangular ATR Levels is calculated using multipliers of the ATR value at the Previous Day's Close and plotting them on current day price movements as levels Enjoy!
Uber Risk Buddy Position Size, Stop Loss & Take Profit System The ultimate system to calculate trading risk on any asset e.g.: 💰 Futures ₿ Cyptocurrencies 💵 Forex 📈 Stocks 📉 Fund 🗂️ Indices Position Sizing De-risk possible drawdown by calculating a proper position size: Define your risk percent based on your net value Freely define...
Arnaud Legoux Moving Average With ATR Bands to get an idea of the volatility.