It's alerts version of my Trailing SL strategy: Use "Once Per Bar" param when creating alerts.
This script is designed to display three stop loss areas to assist either with automation of risk management or identify and alert when price is in a range of a trade for risk to reward ratio. In this version there are three stop losses and 1 PT. Mainly because i will most likely only be using 1 of the SL to pair with the PT. Stoploss areas are displayed on both...
This script will not be given away for free. Been months of developing and the effort is paying off. The code uses a 40 HULL MA on the 30 second chart to identify up/down changes in trend. It ensures the equity is positive on the day to go long, or negative on the day to go short. It draws the stop and fib lines according to the current 3 min ATR over the last 4...
Andrew Abraham It can be used as: - stop loss indicator - indicator of support and resistance - buy and sell signals
I share this TSL indicator with alert (I use it only for Stocks), the configuration is very simple, you must select if it is a Short or Long operation, time at which the operation was opened,% of the daily ATR for TSL. It also contains: - Alert - Panel Info
Introduction The efficient trend-step indicator is a trend indicator that make use of the efficiency ratio in order to adapt to the market trend strength, this indicator originally aimed to remain static during ranging states while fitting the price only when large variations occur. The trend step indicator family unlike most moving averages has a boxy...
This is the Count Back Line script from the book Guppy Trading by Daryl Guppy. It is usually used as a stop loss line, but can also be used to find entries. Hope someone finds it usefull, if you find anything that is wrong with it, please let me know and I will try to fix it. This is my first PineScript, hope it is working as intended.
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...
ATR Trailing Stoploss Buy=crossover(close,TS) Sell=crossunder(close,TS)
Plots crosses above and below the current price giving you the ability to quickly set your stop loss (or the 1st profit target) depending on a custom variable by which the average true range is multiplied with the option to specify the length as well as the type of the moving average (RMA, SMA, EMA or WMA) that are taking into account. Optionally, you can disable...
Trend Zone - Shows the risk areas to continue in a trend - Trend Indicator for Long and Short entries - It can be used as a trend indicator or as a trailing stop loss - Long and Short Labels and Alerts - Configurable in Periods and the type of MA for the calculation
The Kase Dev Stops system finds the optimal statistical balance between letting profits run, while cutting losses. Kase DevStop seeks an ideal stop level by accounting for volatility (risk), the variance in volatility (the change in volatility from bar to bar), and volatility skew (the propensity for volatility to occasionally spike incorrectly). ...
A simple indicator helping you with stop loss placement. It uses the recent volatility in the market to generate a band above and below price. If you struggle with stop loss placement but already understand entries, exits and direction this indicator might be one for you. Pairs extremely well with certain oscillators, price action trading and pivot point...
I rely on this script for both my live trading and my backtesting process. I couldn’t live without it. It’s extremely simple – all it does is calculate your trailing stop price. How It Works The first number in blue is the current ATR (pips). The second number in green is your trailing stop loss price for Long trades, and the third number in red is your...
I rely on this script for both my live trading and my backtesting process. I couldn’t live without it. It’s extremely simple – all it does is calculate your trailing stop price. How It Works The first number in blue is the current ATR (pips). The second number in green is your trailing stop loss price for Long trades, and the third number in red is your...
use this to show you where to place stop loss on short and long
Hi. It's simply histogram that shows divergence between the lines of the Chande Kroll Stop ind (built-in TradingView ind). I noticed that the lines intersect or are very close to each other if the volatility decreases. You can use MA like the main line or just 5, 10 lines how I do. Sorry for code Im not a programmer
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).