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Trailing Stop Loss

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Trailing 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.
Notes de version
Update to Pine Script v5

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