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...
This is the Visual Indicator component of my Trading Zones System; other indicators are the Trade Visualiser and Trader Placer. This indicator is based around a convergence and divergence of moving averages. As the signal line moves into the yellow "zone" from below a long position is opened. This position is closed and reversed when either the upper or lower...
ATR is a very powerful indicator to understand volatility in market, using along with EMA gives you fair idea with is volatility is moving high and low.
The indicator generates position sizing based on ATR value, the idea is to minimize position size during a period of high volatility. If you have a high-risk tolerance you can change the trading style to "High Volatility Entry".
Disclaimer: Use proper risk management and remember that all trading involves risk. Based on RicardoSantos' "Open Session Breakout Trader Strategy" I turned it into a study and tweaked it for trading Silver My goal when creating this was to help visualize breakout lines for multiple trading days at the same time without having to always draw them in.
Mean reversion strategy which lets you set a VWAP length, ATR length - then creates signal when distance closing price from VWAP is greater than ATR x a multiplier which you set
Hello Guys here we introducing another important tool, in that you can calculate how much Risk you want to take for that trade and what is the wiggle room for Stop Loss from your Distal line. Not only that now you can get how much qty you have to buy as per risk calculation. Please comment below for any information.......
Hello Guys we created another tool to calculate your Risk / Stop Loss per Trade. This will automatically calculates the DATR and as per your Risk Input it will calculate and show Stop Loss Price and even it will draw a Red coloured Horizontal line for your reference. Before changing stock don't forget to make Zero @ "Distal Line of DZ / SZ". Please post if any...
This indy show Label of * Last price * Range of Low - High ( from Average daily range calculation ) * ADR (14 ) default period 14 * value of current range ( pip ) / Average daily range. Example now price is 1499.4 ( 1486.959 - 1510.841 ) --- > This is range calculate from ADR for normal range. ADR(14) 58/148.41 meaning use ADR period 14 today run 58 pips...
SuperTrend indicator was developed by Olivier Seban. it shows trend direction. In addition,it provides buy/sell signal. while using super trend indicator, it is better to put stop loss. In fact, you can use the line for stop loss. In addition, you can also trail it as the price move in either direction. wish you a happy trade...
No scammers allowed. I protect CT This dude on Twitter @TradingScript(UT Bot) tried to take this free script and sell it. All the inputs he put in are there to make it look complex and don't actually do anything. The only thing that changes is "Key Value". This is the ATR multiplier and in basic terms determines the sensitivity on the indicator. The original...
The "Range Force Impulse" indicator combines 4 useful indicators into one, freeing up chart real-estate and giving the trader insight into trend health, bull/bear commitment, range and volatility all at a glance. The indicator consists of the following: Direction - True Range and Average True Range columns shown above and below 0 depending on direction of...
Hi guys, just a quick little indicator based on the ATR to help you set some profit and stop targets. This is NOT financial advice, just a simple indicator that will attempt to another indicator to consult when placing those stop and profit orders. The indicator will give you the an average stop loss target based on a 2:1 risk reward ratio based on the current...
Disclaimer: THIS IS NOT A TESTED STRATEGY BY ANY MEANS AND SHOULD NOT BE TRADED UPON. ONLY USE IT TO LEARN AND I AM NOT GURANTING ANYTHING AS THIS IS NOT TESTED AND COULD VERY WELL NOT BE A GOOD INDICATOR. IT IS STILL IN INITIAL DEVELOPMENT PHASE. The yellow lines above and below the candles are known as the entry/extension lines. They represent when there is a...
Pre-release of Spiral Swinger V2 - a trading system based on godmode oscillator. Please don't send requests yet, as it's in testing phase now, not for public use! Free two week trial + user manual will be available after next update release.
This is the alerting version, which is a copy of the back testing strategy one. They are both the same code, just Trading View doesn't allow you to have both alerts and back testing strategies going on at the same time. Enjoy :) Picture on how to add the alert, use buy or sell alerts, and select the script imgur.com
Script for ATR, EMA , Pivots , EMA crossover, and Buy/Sell Labels for EMA Crossover ATR Channel plotted from open of candle 3 channels with configurable length +/- .5 +/- 1 +/- 2 EMAx5 Preset to 10, 20, 50, 100, 200. Lengths are configurable Standard Pivots Pivot with S1, S2, S3, R1, R2, R3 EMA crossover with Buy/Sell Labels EMAs lengths are configurable for...