That indicator helps us to determine the stop loss levels or prices in terms of atr levels. It includes 4 (four) options which are 1-Don't Risk, 2-Low Risk, 3-High Risk, 4-Risk Lover their exploding rates are 1-2.4% , 2-3.9% , 3-6.7% , 4-16.7% in sort. It helps us to produce new methods to decreace our risk/reward ratio. It is ATR Trailing StopLoss indicator. The...
This script allows Volatility Stop, an average true range-based indicator, to be plotted like a "Guppy" multiple moving average indicator. Backtesting results seem pretty good when a solid majority of the lines are in agreement. Of course, as is customary with my scripts, the user can select the length, source, and multiple for any of the ATR lines plotted and...
Often used as a dynamic stop loss management tool, this indicator: Takes a source series as input, e.g. a moving average, or close prices. Draws configurable channels, some percentage above and below the source series (e.g. for long vs. short stop losses) Since long vs. short trade profiles can be different, differing percentage inputs are allowed for...
Inspired by the Volatility Index from Wilder Apply the SAR point to highs, lows ans medians and create a cloud of volatility
Especially useful when using it for stocks in intraday screening for daytrading. This gives you quick information about the volatility at the moment when you look at the stock. The current range of the last candles (adjustable) is calculated so that you can stop based on the Vola. In addition, the daily volume and daily range are calculated in the table and...
This script is designed as an ATR-based trailing stop tool to assist in managing open positions. Once you're involved in a profitable trade, if you add this script to your chart you'll be prompted to select a bar to begin trailing from. You can then adjust the candle lookback distance for swing high/lows (7 by default), the ATR multiplier (1.0 by default), and...
One of my favorite stops is the ATR Trailing Stop-loss. With the implementation of PineScript v5, a code update was needed in order to use this stop/exit-strategy with newer strategy scripts. A timeframe selector that was not featured on earlier versions is also included. This new version can be plugged into PineScript v5 strategies, and also has a...
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"....
One Time Trade Risk Management Incorporating the new interactive feature, this script is meant as a one time trailing stop for the active trader to manage positional risk of an ongoing trade. As a crypto trader or Fx trader, many may find themselves in a position late into the evening, or perhaps daily life is calling while a trade progresses in their favor....
Wavy Tunnel + Trend ATR Buy Sell Signal by PaRn Originality by PaRn First Combination of Wavy Tunnel + Trend ATR Buy Sell Signal by PaRn "Buy Sell Signal" is base on Volatility Stop 20, Multiplier 2.5 "Trend Signal" is based on EMA crossover between EMA12(Close) and EMA26(Close) Take Profit Line is EMA15(Default) Wavy line Base on EMA34(high,close,low) Tunnel...
-If the FAST EMA is ABOVE the SLOW EMA then the ATR Stops will be placed x amount BELOW the lows -If the FAST EMA is BELOW the SLOW EMA , then the ATR Stops will be placed x amount ABOVE the highs -If the fast ema is above the slow ema but they are sloping down, their colours will turn to a shade of blue -If the fast ema is below the slow ema but they are...
Abstract This script finds the potential stop out or margin call price levels without considering timeframe. This script computes stop out or margin call price levels that over leveraged positions buy cheap enough. You can use this indicator to follow stop hunters. Introduction Stop hunting exists because of benefit conflict. When most of retails traders are in...
A simple script to calculate lot size for USD balance account. Input the number of SL pips into the Indicator setting to get the result.
Simple 3 EMA Strategy with plotted Take Profit and Stop Loss Entry condition: - Middle EMA cross above the Slow EMA - Set take profit and stop loss exit conditions based on ATR Indicator Exit condition: - Fast EMA cross below the Middle EMA
Here is a Risk Management Indicator that calculates stop loss and position sizing based on the volatility of the stock. Most traders use a basic 1 or 2% Risk Rule, where they will not risk more than 1 or 2% of their capital on any one trade. I went further and applied four levels of risk: 0.25%, 0.50%, 1% and 2%. How you apply these different levels of risk is...
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...
Hello, I wrote this script to merge the two scripts I shared before. The aim here is to see the real value of the state of the capital as a result of leveraged transactions and to combine both long and short directions. Scripts : MACD Long 50x Leverage Strategy : MACD Short 50x Leverage Strategy : The parameters have not changed so they are the same...
We often want to use a stop loss at a certain low - N*ATR, But it is too troublesome to manually calculate a certain day low - ATR. This indicator simply calculates it for you, by marking the value of day low - ATR. By default the hardcoded ATR value is 0, which means "Uses the ATR at that day with configured look back period". If you want to use a specific ATR...