█ OVERVIEW
This indicator projects ATR bands and, optionally, colors them based on a risk/reward advantage for those who trade breakouts/breakdowns using moving averages as partial or full exit points.
█ DEFINITIONS
► True Range
The True Range is a measure of the volatility of a financial asset and is defined as the maximum difference among one of the...
What kind of traders/investors are we?
We are trend followers. Our scripts are designed to be used on the higher timeframes (weekly/daily) to catch the large moves/trends in the market.
Most have heard of long-term trend following. Few know how to execute the strategy.
Our scripts are designed specifically to identify and invest in long-term market trends. ...
Supertrend (ST) is a popular stop loss and trend identification script. The simplicity of seeing a clean trend on a chart makes it attractive, yet it is restricted by only allowing the source, length and multiplier to be adjusted, & these tend to have a limited effect on the properties of the identified trend.
There is a wide variety of interesting ST scripts on...
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.
...
In many strategies, it's quite common to use a scaled ATR to help define a stop-loss, and it's not uncommon to use it for take-profit targets as well. While it's possible to use the built-in ATR indicator and manually calculate the offset value, we felt this wasn't particularly intuitive or efficient, and could lead to the potential for miscalculations. And...
Most of the trailing stops on TradingView are made of using the lowest lows and the highest highs. Not many are based around what I called the volatile trailing stop.
This is where the trailing stop will move around according to a set percentage difference from the previous closing value. This allows you to say "If the current bar moves x percent, then stop"....
EMAC - Exponential Moving Average Cross
This strategy is based in part on original 10ema Basic Swing Trade Strategy by Matt Delong: www.tradingview.com
Link to original 10ema Basic Swing Trade Strategy:
This is the Original EMAC - Exponential Moving Average Cross strategy built as a class for reallifetrading dot com and so has all the default settings and has...
This is an update to Pinescript version 4 for one of my oldest indicators, Parabolic Stop and Reverse.
The indicator math and algorithm has not been modified, but the stylization and usage has improved.
Added:
Bar-coloring = User sets the up and down colors in user interface style menu.
Inputs = The two inputs' up-down arrows now increment by...
Trading is a lot about risk management too. I created this script to help with setting and moving a proper stop-loss. It plots an area that is a result of adding and subtracting both average true range and something I call "false range".
►The Average True Range is calculated as the candle's high-low. If there is a gap, it is added to complete the result.
►My own...
Dear Followers,
today I'm happy to share with you my Stops Hunting indicator.
This indicators draws lines on important levels, where traders are supposed to set their own stop loss orders .
As per default values you will see
sellers (short) stoploss prices as red lines
buyers (long) stoploss prices as green lines
Market maker move prices towards...
This is an update to a previous script. (Hull Signal with Auto Fib)
I removed any reference to the fib sequence.
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 target lines according to the current 3 min ATR...
This tool is not a self-sufficient indicator, just an attachable module that allows you to enhance a specific indicator with risk management components without having a headache.
What you need to do, and actually this is the most important step, is to rewrite your indicator to a buy-sell signal form which will output only -1, 0, 1 values and then connect it to...
Shenlong V2 is a script developed to facilitate the interpretation of long and short entries according to various conditionals that play with the trend.
The use of trend clouds has been implemented, which can be used as dynamic support / resistance . They also allow us to identify the current price cycle according to these guidelines, marking with a LONG or SHORT...
This Indicator is a full trading system that offers setups with Entries and Targets and Trade Management. This indicator is very accurate because it uses advanced setup detection and filtering logic.
There are 2 conditions that must occur for you to take a trade:
1) Price must move beyond the purple dot
2) The baseline must be green for long trades, or red for...
Many traders use ATR as a way to determine stop loss placement. It usually works like this:
- Stop loss for a short trade = high of last candle + ATR value
- Stop loss for a long trade = low of last candle – ATR value
This is an indicator that allows you to do just that: it gives you an easy way to view current and historical volatility using ATR-based price...
![BTCUSDT: [astropark] Stops hunting](https://s3.tradingview.com/r/rL95eRK9_mid.png "[astropark] Stops hunting")
![ETHUSDT: Trailing SL Alerts [QuantNomad]](https://s3.tradingview.com/t/t6vhetg7_mid.png "Trailing SL Alerts [QuantNomad]")
