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...
I realized that the zone changes in the stoploss remained slow, so I couldn't make enough use of the characteristics of technical indicators when opening positions. This pushed me to keep stop-loss under the influence of a dependent variable. This script helped me a lot (everget) : I've redesigned the stop-loss to be affected by intersections. Therefore, this...
## THIS SCRIPT IS ON GITHUB ## MORE BACKTEST SuperTrend is a moving stop and reversal line based on the volatility (ATR). The strategy will ride up your stop loss when price moviment 1%. The strategy will close your operation when the market price crossed the stop loss. The strategy will close operation when the line based on the volatility will...
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). ...
Average True Range Trailing Stops Strategy, by Sylvain Vervoort The related article is copyrighted material from Stocks & Commodities Jun 2009
Exits added using trailing stops. 2.6 Profit Factor and 76% Profitable on SPY , 5M - I think it's a pretty good number for an automated strategy that uses Pivots. I don't think it's possible to add volume and day open price in relation to pivot levels -- that's what I do manually .. Still trying to add EMA for exits.. it will increase profitability. You can...
CM_MTF ATR Bands/Stops Many Options Available Via Input Tab: -Chart Defaults to Upper and Lower ATR's Based on Current Chart TimeFrame -Ability to Plot either Upper and/or Lower ATR's -Ability to Change the Time Frame ATR's are Based On! -Ability to change Look Back Period and ATR Multiplier Individually for Both Time Frames -This Gives you the ability to plot...
Here is a label panel that shows the stop-loss number for Long or Short trades based on volatility using average true range and and a mult of that.
Average True Range Trailing Stops Strategy, by Sylvain Vervoort The related article is copyrighted material from Stocks & Commodities Jun 2009
##THIS SCRIPT IS ON GITHUB This TradingView strategy it is designed to integrate with other strategies with indicators. It performs a trailing stop loss from entry and exit conditions. In this strategy you can add conditions for long and short positions. The strategy will ride up your stop loss when price moviment 1%. The strategy will close your operation when...
Average True Range Trailing Stops, by Sylvain Vervoort The related article is copyrighted material from Stocks & Commodities Jun 2009
It's alerts version of my Trailing SL strategy: Use "Once Per Bar" param when creating alerts.
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...
Average True Range for trailing stops, can be set to any timeframe independently of currently-displayed timeframe This indicator is derived from but more customizable. Many thanks to HPotter for the original version
This indicator will calculate your position size, short or long, based on the ATR Trailing Stop indicator of mine, and are needed to be used together. General risk management suggests risking just 1 percent of your equity and using low leverage.