This script was made to calculate in real time the stop and take profit based on ATR to LONG positions. By default, the number is 1,5 ATR to stop-loss and 3 ATR to take profit. You can change according to your trading system.
Keltner Channels are volatility-based envelopes set above and below a moving average first devised by Chester W. Keltner then later revised by Linda Bradford Raschke.
This script allows for the overlay of the Keltner Channel across multiple-timeframes.
Additionally allows for the selection of the true range average type with a user defined lookback...
Indicator for the ATBB strategy (hullma) to be able to use alerts
use only the first BUY and not the intermediate ones until the first SELL
use only the first SELL and not the intermediate ones until the first BUY
ATR band
center line fibonacci 0.5
red upper line fibonacci 1.236
green range fibonacci 1-0.764
gray range fibonacci 0.618-0.382
red range fibonacci 0.236-0
red lower line fibonacci -0.236
Update of Average True Range Trailing Stops Strategy by HPotter to include backtesting support
Opens longs when price crosses over trailing stop line, closes when price crosses below
Option to open/close shorts when longs are closed/opened
Option to specify a time range to test over. For example, set Max Days Back to 360 and Min Days Back to 180 to test...
Adds an indicator that can be used to set stop losses.
This is the close price minus the ATR + 10%.
The 10% is there to let the market perform and avoid whipsaws.
This is a customized indicator that displays a trailing stop-loss directly on the chart:
The stop-loss is calculated using our Sublime Trading formula
The formula creates a stop-loss that is unique to each instrument traded
The stop-loss follows price as the trend develops
The stop-loss prevents the risk of being stopped out too early from pullbacks in a...
DepthHouse Relative Momentum & Range Candlesticks is a candlestick indicator based off of my previously released RMRO Oscillator.
DepthHouse Relative Momentum Range Candlesticks uses several calculations between the relative momentum and range to help determine trend direction and strength.
Candlestick meanings:
Green : Bullish trend
Blue (default is lime):...
As the name suggests, this is desgined to work best in trending markets. A great tool designed for experienced discretionary traders who are well familiar with reading the markets and putting things into context. This tool is something similar inspired by Turtle traders.
Upper and lower lines are certain bars look back period, user can modify numbers according...
![EURUSD: ATR Long [zauoyds]](https://s3.tradingview.com/7/7pH7GSq6_mid.png "ATR Long [zauoyds]")
