Gann HiLo Activator [CC]The HiLo Activator was created by W.D. Gann and I was surprised to not see more of his technical indicators on here. I will start adding more of his indicators on here if I get more interest. This is the original version of the indicator that performs like a trailing stop that also works well as a trend line. Buy when the line turns green and sell when it turns red.
Let me know if there are any other indicators you want me to publish!
Trailingstop
Electrified Aggressive Momentum SignalWhat 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 Stochastic RSI signal is based upon aligned momentum and is negated at the overbought and oversold points.
The SuperTrend formula uses high and low values for calculation and both fast and slow can be adjusted for sensitivity.
Philosophy:
Signals have to be useful to humans. If a signal occurs to late, you've missed it. The intent of this indicator is to assist in timing a trade at very short time-frames. It assumes your conviction about a trade already exists, but you are trying to get an optimal entry.
Opposing momentum (weak signal) within an uptrend can be a sign that you should wait before entering. The frequency of a signal can indicate the strength of the trend. As the frequency of the aligned signal value decreases so does the reward vs risk.
Local Limit UpperDisplays recent higher and lower highs.
In it's simplicity is a lot more powerful than might appear at first glance.
Does not rely on volatility calculation.
Can be linked together to create an objective view of recent resistance levels.
Makes current trends more visible.
Excellent as a trailing stop (short) algorithm.
Can be used with its sibling: Local Limit Lower
Local Limit LowerDisplays recent higher and lower lows.
In it's simplicity is a lot more powerful than might appear at first glance.
Does not rely on volatility calculation.
Can be linked together to create an objective view of recent support levels.
Makes current trends more visible.
Excellent as a trailing stop algorithm.
Can be used with its sibling: Local Limit Upper
Nick Rypock Trailing Reverse (NRTR)This indicator was invented in 2001 by Konstantin Kopyrkin. The name "Nick Rypock" is derived from his surname reading in the opposite direction:
Kopyrkin -> Kopyr Kin -> Kin Kopyr -> Nik Rypok
The idea of the indicator is similar to the Chandelier Exit, but doesn't involve ATR component and uses a percentage instead.
A dynamic price channel is used to calculate the NRTR. The calculations involve only those prices that are included in the current trend and exclude the extremes related to the previous trend. The indicator is always at the same distance (in percent) from the extremes reached by prices (below the maximum peak for the current uptrend, above the minimum bottom for the current downtrend).
G-ATR Box V.1Hello this is my new adapt indicator "G-ATR Box V.1"
It's just nearly normal ATR but I create in box color. My problem when I use ATR trailing stop my screen is not clean and when I use finonacci or trend line is hard to see.
How to use
Blue = Pre-buy : Waiting for another buy signal
Green = Buy : Holding the stock
Yellow = Weak uptrend : Waiting for Sell signal
Red = Sell
In this screen I compare G-ATR Box(above) with G-MACD color(below)
When the stock strong uptend all of G-ATR and G-MACD is very work and When weak uptrend G-ATR is action frist but beware Bear trap too
goodluck
G-Kijun trailing stopThis indicator is the part of ichimoku kyo hyo.
I luv kijun-sen very much
kijun-sen is develop form (Highest - Lowest)/2
It's mean 50% of fibonacci
and I create color Green for price over the kijun-sen when the price cross down the kijun-sen it'sll be Red
SMA + Trend Strength + Trailing Stop LossThe 'SMA + Trend Strength + Trailing Stop Loss' indicator was designed for swing trading long positions over the course of days/weeks. The benefit of the indicator is to identify areas where the market of a given asset is showing signs of a strong uptrend, divergences, and fear. A 13-bar simple moving average is color coded to four colors based on 5 given conditions at a time, which are represented as a trend meter on the bottom right of the screen. A trailing stop loss indicator is included to secure your profits or limit your loss in case the market reverses on you unexpected. Please use this indicator responsibly with proper risk management, and never rely on the indicator by itself for buy and sell signals.
When the simple moving average color is green, it means that at least 4 of 5 conditions are confirming a move upwards, this is when you can take an entry into a trade based on your entry strategy. As the trend continues, the color will eventually change to yellow signaling a divergence. This is when you can use your exit strategy to find a good point to sell. It is wise not to take new positions when the color is trending yellow.
If the color changes from yellow to orange, that is a warning sign that the trend is about to change or has begun to change. Prices may have already fallen. However, sometimes the color will change from yellow back to green signaling a continuation of the trend. You can either keep holding or take a new position in this instance.
When the color is red, this signals fear in the market, you should stay out of the market at first. However, as the market consolidates and the color starts changing back to orange, this is an opportunity to take a long position at a reasonably low price.
Simple Moving Average (13-Bar) Color Explanation:
The colors change based on 5 market conditions represented in the trend meter.
Green: Strong Uptrend
Yellow: Divergence Present
Orange: Warning
Red: Fear
Trend Meter Explanation:
The trend meter draws 5 arrows indicating bullish or bearish presence.
LL = Lower Lows - Detects when the market is trending with lower lows.
HH = Higher Highs - Detects when the market is trending with higher highs.
MA = SMA Direction - A formula is used to determine the direction of the SMA.
DI = Directional Index - Identifies when upwards momentum is trending.
RSI = Relative Strength Index - Identifies when the RSI is in an uptrend state.
Note: For advanced users, this indicator has a hidden DMI(4, 4, 4) and RSI(14) indicator used to determine the last two conditions. The Directional Index is based on a DI Plus momentum moving average to determine a momentum trend and the RSI trending over 50 will constitute an uptrend signal as below 50 it will point down.
Trailing stop loss:
The trailing stop loss is determined based on the lowest price of the last 8 bars.
A gray step-line is drawn at the suggested stop activation price.
A red step-line is drawn at the suggested stop limit price.
When the price breaches the trailing stop, a red X will appear below the bar.
You can turn each of these features on or off based on your preference. Happy trading!
Percent Drop from Highest HighBuy and hold investors may decide to use trailing stops to protect profits and capital from market crashes, especially during bull markets.
The purpose of this indicator is to hep investors to identify a location to place them. The indicator plots the highest high from 'x' bars ago. It then plots a trailing stop loss 'y' percent below that line.
The indicator enables its users to input different 'x' and 'y' values to observe what they think works best for them in different markets.
Users might choose to pair the indicator with trend confirming indicators, such as moving average cross overs, to determine that the market is trending and not ranging.
There is no magic in this indicator, only maths. Like every indicator, it has no ability to predict anything. Just because the market is doing one thing now, it might do something different later. The past does not equal the present nor the future. Make your own decisions and be responsible for them.
All the best to you and your family.
Heiken Ashi Pivot Breakout Trailing StopThis is a heiken ashi pivot based trailing stop for breakout entries and exits. It's possibly related to the Swing Index System by Welles Wilder or an alternative to it that I came up with, in case determining the swings on the Accumulative Swing Index is too much of a burden. It is believed that the ASI uses the calculation of heiken ashi in its formula. This does not use the ASI as a bottom indicator in the chart but instead uses the heiken ashi bars on the top of the chart to objectively find the swing pivots . These swings pivots act as support and resistance and can be used to confirm the start of a breakout or the end of one.
Suppose you find a chart pattern or setup, such as divergence or a pennant in the RSI , a pattern on the ASI, and/or on the chart, or the end of an elliot wave , etc and want to confirm a strong breakout and ride it to the end. Many trailing stops won't be able to confirm the beginning or would last too long or not long enough to exit out of one. On an uptrend, when the price breaks below the last swing low pivot , it can confirm the end of the breakout. On a downtrend, when the price breaks above the last swing high pivot , it can confirm the end of the breakout.
This trailing stop is not meant to replace trend following ones. The swing pivots can vary yet the price can still continue at an uptrend whereas this heiken ashi pivot based trailing stop exits as soon as it goes above or below the last resistance point. These swing points can end up being too close for trend following but can work well for breakout trading. The bigger the chart pattern or breakout, the more reliable the exit signal will be in my opinion. This is an experimental idea that I came up with from trying to interpret the ASI.
Support and Resistance levels - DMI - DI trailing stop linesThis can be used to compliment the Directional Movement Index if used as a standalone trading system. In addition to using the ADX and DI lines, a trailing stop can be used when the DI lines cross. If the plus line is above to show a buy signal, then the low of the price of when which the cross took place is used as a trailing stop. If the minus line is above to show a sell signal, then the high of the price of when which the cross took place is used as a trailing stop. This helps cut losses sooner whenever the price would end up going through these trailing stops or support/resistance levels yet the DMI system would show an upward or downward move.
Profit Maximizer PMaxPMax is a brand new indicator developed by KivancOzbilgic in earlier 2020.
It's a combination of two trailing stop loss indicators;
One is Anıl Özekşi's MOST (Moving Stop Loss) Indicator
and the other one is well known ATR based SuperTrend.
Both MOST and SuperTrend Indicators are very good at trend following systems but conversely their performance is not bright in sideways market conditions like most of the other indicators.
Profit Maximizer - PMax tries to solve this problem. PMax combines the powerful sides of MOST (Moving Average Trend Changer) and SuperTrend (ATR price detection) in one indicator.
Backtest and optimization results of PMax are far better when compared to its ancestors MOST and SuperTrend. It reduces the number of false signals in sideways and give more reliable trade signals.
PMax is easy to determine the trend and can be used in any type of markets and instruments. It does not repaint.
The first parameter in the PMax indicator set by the three parameters is the period/length of ATR.
The second Parameter is the Multiplier of ATR which would be useful to set the value of distance from the built in Moving Average.
I personally think the most important parameter is the Moving Average Length and type.
PMax will be much sensitive to trend movements if Moving Average Length is smaller. And vice versa, will be less sensitive when it is longer.
As the period increases it will become less sensitive to little trends and price actions.
In this way, your choice of period, will be closely related to which of the sort of trends you are interested in.
We are under the effect of the uptrend in cases where the Moving Average is above PMax;
conversely under the influence of a downward trend, when the Moving Average is below PMax.
Built in Moving Average type defaultly set as EMA but users can choose from 8 different Moving Average types like:
SMA : Simple Moving Average
EMA : Exponential Movin Average
WMA : Weighted Moving Average
TMA : Triangular Moving Average
VAR : Variable Index Dynamic Moving Average aka VIDYA
WWMA : Welles Wilder's Moving Average
ZLEMA : Zero Lag Exponential Moving Average
TSF : True Strength Force
Tip: In sideways VAR would be a good choice
You can use PMax default alarms and Buy Sell signals like:
1-
BUY when Moving Average crosses above PMax
SELL when Moving Average crosses under PMax
2-
BUY when prices jumps over PMax line.
SELL when prices go under PMax line.
SwingArm ATR Trend IndicatorThe general idea of using SwingArms is to provide a visual confirmation of a trend change.
Green for bullish (BUY)
Red for bearish (SELL)
A color-coded system providing an easy way for a novice to understand.
Converted to TradingView based on the work of Jose Azcarate.
I hope you guys enjoy.
Simple Moving Average Double HelixThis one is a mix of colour-coded moving averages and Ichimoku. It features two pairs of SMAs--default values of 9/20 and 50/200. Each SMA will be green when it rises and red when it falls. The spaces between each pair will fill with green or red depending on which line is on top. 9 over 20 or 50 over 200 makes a green cloud; if 9 or 50 falls below, the cloud will switch to green.
There's also the Ichimoku lagging span and a 35-period SMA (grey) that can be used as a trailing stop loss guideline.
Ideal long setup:
9, 20, 50, and 200 SMA are all green
both clouds are green
lagging span is above historic price action
Ideal short setup:
9, 20, 50, and 200 SMA are all red
both clouds are red
lagging span is below historic price action
Trailing Stop LossTrailing stop loss indicator to determine when to exit a position.
Multiple trailing stop loss calculation techniques are implemented:
ATR: Determines stop loss using a gap from recent highest value, that gap is defined by the ATR value and a multiplier
MA: Just a simple moving average used as a stop-loss
Percentage: Uses a percentage of the price
The script also implements alerting to be notified when the stop loss price is reached.
Jsa Moving Average [CC]The Jsa Moving Average was created by George R. Arrington, Ph .D. (Stocks & Commodities V. 11:10 (427-431)) and it is an extremely simple formula but has very many great uses. For one thing it acts as support and resistance levels and it also acts like a trailing stop. It gives a wide enough berth during extended up or down trends to let you ride the wave up or down and when it gets close to the price it means that it is a choppy market. Buy when the indicator line is green and sell when it turns red.
Let me know if you would like to see me publish other indicators or if you want something custom done!
Note: I'm republishing this because the original script couldn't be found in searches so this will fix that.
Nik Price CycleEvery script follow a pattern in their price cycle. This can be defined by division of price cycle. Division line will act as pivot point.Above this bar this any price movement is indication of bullish trend while below this line any price movement is indication of bearish trend. This Nik price signal will give great result in combination of magicsignal which is also one of our developed signal. Although we have included various calculation for analysis purpose in this indicator. i suggest to go in setting and uncheck all channel lines and shapes for getting clear picture of trend and entry point. for more details on how to use this indicator people can message us
ATR Trailing Stop by ceyhunSame coding only coloring and information panel was added.
CDC ATR Trailing Stop V2.1 (2013)
//Barcolor
Green = Trail1 > Trail2 and close > Trail2 and low > Trail2
Blue = Trail1 > Trail2 and close > Trail2 and low < Trail2
Red = Trail2 > Trail1 and close < Trail2 and high < Trail2
Yellow = Trail2 > Trail1 and close < Trail2 and high > Trail2
//It gives White color where there is deterioration.
//InfoPanel
Buy Price = Blue draws the circles at the purchase price.
Profit Long>20 = Risk level taken as a percentage, I got the highest 20%, you can determine as you wish.
Sell Price = Red draws the circles at the purchase price.
Profit Short>20 = Risk level taken as a percentage, I got the highest 20%, you can determine as you wish.
TrenderTrender is a popular trailing stop indicator on the Bloomberg system and since I didn't have source code to work with, this is a close approximation of that indicator. Let me know if you spot any discrepancies and I will adjust accordingly.
This indicator is a trailing stop system along with a trend confirmation. When the blue line falls below the black line, that is a confirmation of a down trend and when it rises above the black line, it is a confirmation of an up trend. When the trender line is above the price, then that means the stock is in a general down trend and vice versa. I have color coded the trender line to show you when to buy or sell that stock to keep it easy.
This was a special request so let me know if you want to see more scripts from me or if you want something custom!
Guppy Count Back LineThe Guppy Count Back Line was created by Daryl Guppy and is essentially a trailing stop indicator. I have color coded the indicator to tell you if you should go long or short.
This was a special request so let me know if you would like me to write more scripts for other indicators!
MTF Trailing SL Alerts [QuantNomad]These are alerts for my MTF Trailing SL Strategy.
Entry Long position if all 4 time-frames agree on the long signal.
Exit Long positions when at least 2 time-frames disagree on the long signals.
Entry to Short position if all 4 time-frames agree on Short signal.
Exit from Short positions when at least 2 time-frames disagree on Short signal.
Use "Once Per Bar Close" when creating alerts.
Link to the strategy:
Williams Fractal Trailing StopsUnlike the built-in version, you can configure how many bars it takes to confirm a fractal. This indicator plots all Williams high and low fractals, and a stop line that trails the fractals up and down. Includes long and short stop alerts. You can choose whether the trail flips long-short based on the price being exceeded within a candle or on candle close. This indicator deals only with fractals and doesn't get into the Alligator or anything else.
I've commented it extensively, so that it might be useful for people learning Pinescript. Enjoy!
Trailing SL Alerts [QuantNomad]It's alerts version of my Trailing SL strategy:
Use "Once Per Bar" param when creating alerts.
