There are plenty of indicators that aim to measure the volatility (degree of variation) in the price of an instrument, the most well known being the average true range and the rolling standard deviation. Volatility indicators form the key components of most bands and trailing stops indicators, but can also be used to normalize oscillators, they are therefore...
This version of the MACD indicator is 'trawling' (checking) if the MACD histogram and the zero line crossing with the MACD line are both positive or negative. The idea behind this is to show areas with higher or lower risk.
1. Enable the bar color
2. Enable the background color
3. Change zero line value
"The MACD-Histogram is an indicator of an...
Red (Buy Setup) and Green(Sell Setup) numbers above the bar.
Count consecutive close less/above 4 bars before.
Red/Green Arrow + S (Simple Countdown) / A (Aggressive Countdown) + C (Combo Countdown) below the bar.
Red/Green circles on the chart.
This indicator helps you defining your max sizing, depending on the max $$$ amount you're willing to risk against a specific exponential moving average (or VWAP, default is the 13ema).
You can define your max risk amount and your max allowed sizing. The indicator would suggest the best sizing in order to risk only up to the amount you are comfortable with on a...
This is a simple script to assist you in manual backtesting! Perfect for the NNFX crowd or anyone that enjoys manual backtesting.
1. Slap this bad boy on your chart.
2. Adjust period and multiplier (defaults are 14 period and 1.5x).
3. Put on the indicator/system you are testing.
4. Enter bar replay mode.
5. Drag your long/short position take profit and...
In fact, I wrote this script for detect Bollinger and Linear Regression Bands squeeze.
It's a side script.
Logic works like this:
Only the stagnant market probability is drawn from the Bollinger bandwidth by Dependent Variable Odd Generator and MFI index is calculated taking into account the volume.
This value ranges from 0 to 100.
To be sure, this value is...
This panel is an example position size panel that I prepared and I consider the rates reasonable.
I have prepared this panel so that the money allocated to the investment ends 14 consecutive signals.
The sum of the ratios is 100 units.
You can adjust your positions according to this panel.
The first steps are low rates.
If the phrases are strong, you can specify...
This idea has been created by the combination of the two existing systems as a result of my efforts to create a distributional buying and selling guide that has plagued my head for a long time.
1st idea is Accumulation / Distribution Line :
2nd idea is Distribution Day :...
This is a simple trailing stop loss line for long and short positions.
It is calculated as a multiple of the ATR instead of a percentage.
You are able to change the multiple and the ATR length.
It can be used as a guide to where you should consider putting in your stop loss on a trade and to where you should move your stop loss to as the days go by.
This script is only the fact that the fractals are set according to my Dow Factor RSI .
Bar color and background change where risk factor is high.
You can turn it off or on from the menu.
I'm not licensing because "fractal support and resistances" are not my own codes.
The rest are my own products.
For more information about the Dow Factor...
This is a script to help you determine your position sizing. I've attempted to make it as easy to use as possible.
Do you have a set 'R' that you risk per trade? Simply check the box for manual R and enter your risk amount.
If you do not have a set amount to risk, you can input your portfolio size and your percentage to risk per trade.
You'll select long or...
This script is the backtesting for Reticulata Enhanced.
Building on our core script - Reticulata, the enhanced version features several requested extras to give you more flexibility with your trading style.
What is Reticulata Enhanced?
The Reticulata core leverages a blend of MA/RSI strategies mixed with the Bull Bear Bots optimised logic for risk management....
This tool finds the most optimal allocation size for each trading setup. It has 3 modes.
Basic (it meets the minimum profitability requirements):
% Profitable: the probability of winning and is calculated by dividing the number of winning trades by the total number of trades.
Profit Ratio: a measure of the ability to generate profit instead of loss and is...
Calculates fixed range volatility using pivot points
Input: setting Length of highs and lows
This is a paid indicator that will become available after purchase.
Currently, purchases can be made through the Naver Smartstore, Paypal or through wire transfer.
More methods of payment will be available in the near future.
This Risk Analysis Panel is a great tool to assess risk associated during entry and best possible entry price including with your preferred take profit %
Volume Ratio: More than 1 is good indicator. The higher the better
Risk/Reward Ratio: Less than 1 is good indicator. The lower the better