It's alerts version of my Trailing SL strategy: Use "Once Per Bar" param when creating alerts.
I'm a big fan of simple strategies. This one is a very simple one. So it consists only from one Trailing SL. When SL is hit, the position is reversed and SL is tracked for a new position. You can choose one of 3 types of SL: % of your price ATR - it is calculated as current ATR * multiplier Absolute As you can see even this simple strategy can show...
The ATR Stoploss is best used as a trailing stop. While actively managing your trades, move your stops up as price increases/decreases. There is an offset of 1 candle, so the ATR will only be based on closed candles. This prevents you from moving your stop's when you really shouldn't. The top lines are used for short positions and the bottom lines are used for...
This is a multi-timeframe version of our Volatility Stop , an ATR-based trend detector that can be used as a stop. ► Timeframe selection The higher timeframe can be selected using 3 different ways: • By steps (60 min., 1D, 3D, 1W, 1M, 1Y). • As a multiple of the current chart's resolution, which can be fractional, so 3.5 will work. • Fixed. Note that you can...
This is a new version of the classic Volatility Stop originally published in 2014 by admin and written in Pine v1. While the code has evolved, its logic is identical. It is an ATR-based trend detector that can also be used as a stop. It belongs to the same family of indicators as: • Charles Le Beau's Chandelier Exit , • Olivier Seban's Super Trend , and •...
Hello traders Here we go again.... with the second strategy snippet. Reminder: the first snipper was a Trailing Profit strategy script What's on the menu? A trailing stop is designed to protect gains by enabling a trade to remain open and continue to profit as long as the price is moving in the investor's favor. The order closes the trade if the price...
Stop based on price volatitlty. It uses ATR indicator multiplied by a factor as a reference for protective stop.
This is the Count Back Line script from the book Guppy Trading by Daryl Guppy. It is usually used as a stop loss line, but can also be used to find entries. Hope someone finds it usefull, if you find anything that is wrong with it, please let me know and I will try to fix it. This is my first PineScript, hope it is working as intended.
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...
Dear all, Free strategy again. I found using 3 volatility stop with different settings could be very helpful when trading an intraday trending market. With the ATR setting or 5, 10, 15, we can weed out many false break. Vstop setting is OHLC4. On the other hand, this strategy also utilize Renko as part of the strategy, so you could say this strategy is...
A lot of times I don't like my chart crowding with indicators, thus the reason for creating this script for my strategy QuarryLake. This script also comes with alert. Below is the explanation for QuarryLake I have also updated the script in version 4. This strategy consists of 3 indicators that I found works quite well together. Keltner Channel, Waddah...
This is an indicator I have been working on for the past 2 years, developed specifically for cryptocurrency. It is primarily a trend following indicator with great success and it performs the best in 4hrs to the weekly chart. There are two components of this indicator. The baseline from Ichimoku cloud and volatility stop . baseline period = 26 volatility...
ATR Channels help you to identify where to place your stop-loss or trailing stop-loss based on price volatility, according to the Average True Range (ATR).
Quick coding of a trading system based on the Volatility Stop (VStop) indicator. In addition to that I added the possibility to calculate the position size based on the amount that you want to risk. Beware, this is the amount you want to risk per trade. The total draw-down might be higher, as you can have multiple loosing trades.
Inverse Fisher transform on stochastic with Hull MA and Donchian Channels with oversell/overbuy levels and dynamic trailing stop Options: Fixed trailing stop Dynamic, based on ATR trailing stop Re-enter after trailing stop Includes Hull MA Hull MA filtration for re-entering after trailing stop Donchian channels, with overbuy/oversell levels No repaints
The Volatility System was created by J. Welles Wilder, Jr. It first appeared in his seminal masterpiece, "New Concepts in Technical Trading Systems" (1978). He describes the system on pp.23-26, in the chapter discussing the first presentation ever of the "Volatility Index", built using a novel way of calculating a value representing volatility that he named...
A 7-band overlapping Fibonacci volatility stop. Select the start and multiplier and 6 increasing fibonacci bands will be overlayed to suggest areas of high probability buy/ sell opportunities.
This indicator plots 2 sets of dots (and lines) based on your chosen ATR multiplier (Average True Range). Generally, when trading on the daily timeframe a good rule of thumb is to use the ATR * 1.5 (the default setting of this indicator). I created this indicator to quickly test other indicators but I also find it helpful in live trading. How to use this...