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Tìm kiếm tập lệnh với "stop loss"

Stop-Loss Sentinel Cutloss Swing Marker with Adjustable Trend Lines This indicator identifies swing highs and lows using pivot points. Swing Highs are marked with a green downward triangle and a "Cutloss" label above the bar. Swing Lows are marked with a red upward triangle and a "Cutloss" label below the bar. From each Cutloss point, a horizontal trend line is drawn forward for a set number of bars. All colors (text, trend lines) and line length are fully adjustable in the settings. Intended Use: Helps traders visually mark potential stop-loss or reversal zones and track them over the next few bars. Works on any timeframe, but is designed for fast decision-making on lower timeframes like M1. Marks key swing highs/lows with ‘Cutloss’ labels and triangles, then extends customizable trend lines for the next bars. Ideal for spotting stop-loss or reversal zones on any timeframe.
Chỉ báo Pine Script®
của azroyamir
Stop Loss IndicatorThe stop loss indicator is a single trade indicator to manage risk It tells you the size of the trade you should enter and lets you know where to place stops and when and where to trail your stops to based on ATR, given your entry price and risk amount. Set the date and time once trade is active and once ATR moves above(long)/below(short) entry price you can move your stop loss following the green triangles. Short green triangle down => high + (ATR * 1.5) red triangle up => low + (ATR * 1.5) Long green triangle up => low - (ATR * 1.5) red triangle down => high - (ATR * 1.5)
Chỉ báo Pine Script®
của jstntham
$TUBR: Stop Loss IndicatorATR-Based Stop Loss Indicator for TradingView by The Ultimate Bull Run Community: TUBR **Overview** The ATR-Based Stop Loss Indicator is a custom tool designed for traders using TradingView. It helps you determine optimal stop loss levels by leveraging the Average True Range (ATR), a popular measure of market volatility. By adapting to current market conditions, this indicator aims to minimize premature stop-outs and enhance your risk management strategy. --- **Key Features** - **Dynamic Stop Loss Levels**: Calculates stop loss prices based on the ATR, providing both long and short stop loss suggestions. - **Customizable Parameters**: Adjust the ATR period, multiplier, and smoothing method to suit your trading style and the specific instrument you're trading. - **Visual Aids**: Plots stop loss lines directly on your chart for easy visualization. - **Alerts and Notifications** (Optional): Set up alerts to notify you when the price approaches or hits your stop loss levels. --- **Understanding the Indicator** 1. **Average True Range (ATR)**: - **What It Is**: ATR measures market volatility by calculating the average range between high and low prices over a specified period. - **Why It's Useful**: A higher ATR indicates higher volatility, which can help you set stop losses that accommodate market fluctuations. 2. **ATR Multiplier**: - **Purpose**: Determines how far your stop loss is placed from the current price based on the ATR. - **Example**: An ATR multiplier of 1.5 means the stop loss is set at 1.5 times the ATR away from the current price. 3. **Smoothing Methods**: - **Options**: Choose from RMA (default), SMA, EMA, WMA, or Hull MA. - **Effect**: Different smoothing methods can make the ATR more responsive or smoother, affecting where the stop loss is placed. --- **How the Indicator Works** - **Long Stop Loss Calculation**: - **Formula**: `Long Stop Loss = Close Price - (ATR * ATR Multiplier)` - **Purpose**: For long positions, the stop loss is set below the current price to protect against downside risk. - **Short Stop Loss Calculation**: - **Formula**: `Short Stop Loss = Close Price + (ATR * ATR Multiplier)` - **Purpose**: For short positions, the stop loss is set above the current price to protect against upside risk. - **Plotting on the Chart**: - **Green Line**: Represents the suggested stop loss level for long positions. - **Red Line**: Represents the suggested stop loss level for short positions. --- **How to Use the Indicator** 1. **Adding the Indicator to Your Chart**: - **Step 1**: Copy the PineScript code of the indicator. - **Step 2**: In TradingView, click on **Pine Editor** at the bottom of the platform. - **Step 3**: Paste the code into the editor and click **Add to Chart**. - **Step 4**: The indicator will appear on your chart with the default settings. 2. **Adjusting the Settings**: - **ATR Period**: - **Definition**: Number of periods over which the ATR is calculated. - **Adjustment**: Increase for a smoother ATR; decrease for a more responsive ATR. - **ATR Multiplier**: - **Definition**: Factor by which the ATR is multiplied to set the stop loss distance. - **Adjustment**: Increase to widen the stop loss (less likely to be hit); decrease to tighten the stop loss. - **Smoothing Method**: - **Options**: RMA, SMA, EMA, WMA, Hull MA. - **Adjustment**: Experiment to see which method aligns best with your trading strategy. - **Display Options**: - **Show Long Stop Loss**: Toggle to display or hide the long stop loss line. - **Show Short Stop Loss**: Toggle to display or hide the short stop loss line. 3. **Interpreting the Indicator**: - **Long Positions**: - **Action**: Set your stop loss at the value indicated by the green line when entering a long trade. - **Short Positions**: - **Action**: Set your stop loss at the value indicated by the red line when entering a short trade. - **Adjusting Stop Losses**: - **Trailing Stops**: You may choose to adjust your stop loss over time, moving it in the direction of your trade as the ATR-based stop loss levels change. 4. **Implementing in Your Trading Strategy**: - **Risk Management**: - **Position Sizing**: Use the stop loss distance to calculate your position size based on your risk tolerance. - **Consistency**: Apply the same settings consistently to maintain discipline. - **Combining with Other Indicators**: - **Enhance Decision-Making**: Use in conjunction with trend indicators, support and resistance levels, or other technical analysis tools. - **Alerts Setup** (If included in the code): - **Purpose**: Receive notifications when the price approaches or hits your stop loss level. - **Configuration**: Set up alerts in TradingView based on the alert conditions defined in the indicator. --- **Benefits of Using This Indicator** - **Adaptive Risk Management**: By accounting for current market volatility, the indicator helps prevent setting stop losses that are too tight or too wide. - **Minimize Premature Stop-Outs**: Reduces the likelihood of being stopped out due to normal price fluctuations. - **Flexibility**: Customizable settings allow you to tailor the indicator to different trading instruments and timeframes. - **Visualization**: Clear visual representation of stop loss levels aids in quick decision-making. --- **Things to Consider** - **Market Conditions**: - **High Volatility**: Be cautious as ATR values—and thus stop loss distances—can widen, increasing potential losses. - **Low Volatility**: Tighter stop losses may increase the chance of being stopped out by minor price movements. - **Backtesting and Optimization**: - **Historical Analysis**: Test the indicator on past data to evaluate its effectiveness and adjust settings accordingly. - **Continuous Improvement**: Regularly reassess and fine-tune the parameters to adapt to changing market conditions. - **Risk Per Trade**: - **Alignment with Risk Tolerance**: Ensure the stop loss level keeps potential losses within your acceptable risk per trade (e.g., 1-2% of your trading capital). - **Emotional Discipline**: - **Stick to Your Plan**: Avoid making impulsive changes to your stop loss levels based on emotions rather than analysis. --- **Example Usage Scenario** 1. **Setting Up a Long Trade**: - **Entry Price**: $100 - **ATR Value**: $2 - **ATR Multiplier**: 1.5 - **Calculated Stop Loss**: $100 - ($2 * 1.5) = $97 - **Action**: Place a stop loss order at $97. 2. **During the Trade**: - **Price Increases to $105** - **ATR Remains at $2** - **New Stop Loss Level**: $105 - ($2 * 1.5) = $102 - **Action**: Move your stop loss up to $102 to lock in profits. --- **Final Tips** - **Documentation**: Keep a trading journal to record your trades, stop loss levels, and observations for future reference. - **Education**: Continuously educate yourself on risk management and technical analysis to enhance your trading skills. - **Support**: Engage with trading communities or seek professional advice if you're unsure about implementing the indicator effectively. --- **Conclusion** The ATR-Based Stop Loss Indicator is a valuable tool for traders looking to enhance their risk management by setting stop losses that adapt to market volatility. By integrating this indicator into your trading routine, you can improve your ability to protect capital and potentially increase profitability. Remember to use it as part of a comprehensive trading strategy, and always adhere to sound risk management principles. --- **How to Access the Indicator** To start using the ATR-Based Stop Loss Indicator, follow these steps: 1. **Obtain the Code**: Copy the PineScript code provided for the indicator. 2. **Create a New Indicator in TradingView**: - Open TradingView and navigate to the **Pine Editor**. - Paste the code into the editor. - Click **Save** and give your indicator a name. 3. **Add to Chart**: Click **Add to Chart** to apply the indicator to your current chart. 4. **Customize Settings**: Adjust the input parameters to suit your preferences and start integrating the indicator into your trading strategy. --- **Disclaimer** Trading involves significant risk, and it's possible to lose all your capital. The ATR-Based Stop Loss Indicator is a tool to aid in decision-making but does not guarantee profits or prevent losses. Always conduct your own analysis and consider seeking advice from a financial professional before making trading decisions.
Chỉ báo Pine Script®
của TheUltimateBullRun
Moving Average Crossover Strategy with Take Profit and Stop LossThe Moving Average Crossover Strategy is a popular trading technique that utilizes two moving averages (MAs) of different periods to identify potential buy and sell signals. By incorporating take profit and stop loss levels, traders can effectively manage their risk while maximizing potential returns. Here’s a detailed explanation of how this strategy works: Overview of the Moving Average Crossover Strategy Moving Averages: A short-term moving average (e.g., 50-day MA) reacts more quickly to price changes, while a long-term moving average (e.g., 200-day MA) smooths out price fluctuations over a longer period. The strategy generates trading signals based on the crossover of these two averages: Buy Signal: When the short-term MA crosses above the long-term MA (often referred to as a "Golden Cross"). Sell Signal: When the short-term MA crosses below the long-term MA (known as a "Death Cross"). Implementing Take Profit and Stop Loss 1. Setting Take Profit Levels Definition: A take profit order automatically closes a trade when it reaches a specified profit level. Strategy: Determine a realistic profit target based on historical price action, support and resistance levels, or a fixed risk-reward ratio (e.g., 2:1). For instance, if you enter a buy position at $100, you might set a take profit at $110 if you anticipate that level will act as resistance. 2. Setting Stop Loss Levels Definition: A stop loss order limits potential losses by closing a trade when the price reaches a specified level. Strategy: Place the stop loss just below the most recent swing low for buy orders or above the recent swing high for sell orders. Alternatively, you can use a percentage-based method (e.g., 2-3% below the entry point) to define your stop loss. For example, if you enter a buy position at $100 with a stop loss set at $95, your maximum loss would be limited to $5 per share. Example of Using Moving Average Crossover with Take Profit and Stop Loss Entry Signal: You observe that the 50-day MA crosses above the 200-day MA at $100. You enter a buy position. Setting Take Profit and Stop Loss: You analyze historical price levels and set your take profit at $110. You place your stop loss at $95 based on recent swing lows. Trade Management: If the price rises to $110, your take profit order is executed, securing your profit. If the price falls to $95, your stop loss is triggered, limiting your losses.
Chiến lược Pine Script®
của Arseny69
EMA 34 Crossover with Break Even Stop LossEMA 34 Crossover with Break Even Stop Loss Strategy This trading strategy is based on the 34-period Exponential Moving Average (EMA) and aims to enter long positions when the price crosses above the EMA 34. The strategy is designed to manage risk effectively with a dynamic stop loss and take-profit mechanism. Key Features: EMA 34 Crossover: The strategy generates a long entry signal when the closing price of the current bar crosses above the 34-period EMA, with the condition that the previous closing price was below the EMA. This crossover indicates a potential upward trend. Risk Management: Upon entering a trade, the strategy sets a stop loss at the low of the previous bar. This helps in controlling the downside risk. A take profit level is set at a 10:1 risk-to-reward ratio, meaning the potential profit is ten times the amount risked on the trade. Break-even Stop Loss: As the price moves in favor of the trade and reaches a 3:1 risk-to-reward ratio, the strategy moves the stop loss to the entry price (break-even). This ensures that no loss will be incurred if the market reverses, effectively protecting profits. Exit Conditions: The strategy exits the trade when either the stop loss is hit (if the price drops below the stop loss level) or the take profit target is reached (if the price rises to the take profit level). If the price reaches the break-even level (entry price), the stop loss is adjusted to lock in profits and prevent any loss. Visualization: The stop loss and take profit levels are plotted on the chart for easy visualization, helping traders track the status of their trade. Trade Management Summary: Long Entry: When price crosses above the 34-period EMA. Stop Loss: Set to the low of the previous candle. Take Profit: Set to a 10:1 risk-to-reward ratio. Break-even: Stop loss is moved to entry price when a 3:1 risk-to-reward ratio is reached. Exit: The trade is closed either when the stop loss or take profit levels are hit. This strategy is designed to minimize losses by employing a dynamic stop loss and to maximize gains by setting a favorable risk-to-reward ratio, making it suitable for traders who prefer a structured, automated approach to risk management and trend-following.
Chiến lược Pine Script®
của rajudas36
Value at Risk (VaR/CVaR) - Stop Loss ToolThis script calculates Value at Risk (VaR) and Conditional Value at Risk (CVaR) over a configurable T-bar forward horizon, based on historical T-bar log returns. It plots projected price thresholds that reflect the worst X% of historical return outcomes, helping set statistically grounded stop-loss levels. A 95% 5-day VaR of −3% means: “In the worst 5% of all historical 5-day periods, losses were 3% or more.” If you're bullish, and your thesis is correct, price should not behave like one of those worst-case scenarios. So if the market starts trading below that 5-day VaR level, it may indicate that your long bias is invalidated, and a stop-loss near that level can help protect against further downside consistent with tail-risk behavior. How it's different: Unlike ATR or standard deviation-based methods, which measure recent volatility magnitude, VaR/CVaR incorporate both the magnitude and **likelihood** (5% chance for example) of adverse moves. This makes it better suited for risk-aware position sizing and exits grounded in actual historical return distributions. How to use for stop placement: - Set your holding horizon (T) and confidence level (e.g., 95%) in the inputs. - The script plots a price level below which only the worst 5% (or chosen %) of T-bar returns have historically occurred (VaR). - If price approaches or breaches the VaR line, your bullish/bearish thesis may be invalidated. - CVaR gives a deeper threshold: the average loss **if** things go worse than VaR — useful for a secondary or emergency stop. FURTHER NOTES FROM SOURCE CODE: //======================================================================// // If you're bullish (expecting the price to go up), then under normal circumstances, prices should not behave like they do on the worst-case days. // If they are — you're probably wrong, or something unexpected is happening. Basically, returns shouldn't be exhibiting downside tail-like behavior if you're bullish. // VaR(95%, T) gives the threshold below which the price falls only 5% of the time historically, over T days/bars and considering N historical samples. // CVaR tells you the expected/average price level if that adverse move continues // Caveats: // For a variety of reasons, VaR underestimates volatility, despite using historical returns directly rather than making normality assumptions // as is the case with the standard historicalvol/bollinger band/stdev/ATR approaches) // Volatility begets volatility (volatility clustering), and VaR is not a conditional probability on recent volatility so it likely underestimates the true volatility of an adverse event // Regieme shifts occur (bullish phase after prolonged bearish behavior), so upside/short VaR would underestimate the best-case days in the beginning of that move, depending on lookahead horizon/sampling period // News/events happen, and maybe your sampling period doesn't contain enough event-driven returns to form reliable stats // In general of course, this tool assumes past return distributions are reflective of forward risk (not the case in non-stationary time series) // Thus, this tool is not predictive — it shows historical tail risk, not guaranteed outcomes. // Also, when forming log-returns, overlapping windows of returns are used (to get more samples), but this introduces autocorrelation (if it wasn't there already). This means again, the true VaR is underestimated. // Description: // This script calculates and plots both Value at Risk (VaR) and // Conditional Value at Risk (CVaR) for a given confidence level, using // historical log returns. It computes both long-side (left tail) and // short-side (right tail) risk, and converts them into price thresholds (red and green lines respectively). // // Key Concepts: // - VaR: "There is a 95% chance the loss will be less than this value over T days. Represents the 95th-percentile worst empirical returns observed in the sampling period, over T bars. // - CVaR: "Given that the loss exceeds the VaR, the average of those worst 5% losses is this value. (blue line)" Expected tail loss. If the worst case breached, how bad can it get on average // - For shorts, the script computes the mirror (right-tail) equivalents. // - Use T-day log returns if estimating risk over multiple days forward. // - You can see instances where the VaR for time T, was surpassed historically with the "backtest" boolean // // Usage for Stop-Loss: // - LONG POSITIONS: // • 95th percentile means, 5% of the time (1 in 20 times) you'd expect to get a VaR level loss (touch the red line), over the next T bars. // • VaR threshold = minimum price expected with (1 – confidence)% chance. // • CVaR threshold = expected price if that worst-case zone is breached. // → Use as potential stop-loss (VaR) or disaster stop (CVaR). If you're bullish (and you're right), price should not be exhibiting returns consistent with the worst 5% of days/T_bars historically. //======================================================================//
Chỉ báo Pine Script®
của scakolli
Breadth Thrust Strategy with Volatility Stop-LossThe "Breadth Thrust Strategy with Volatility Stop-Loss" is a trading strategy designed to capitalize on market momentum while managing risk through volatility-based stop-losses. Here's a detailed breakdown of the strategy: Strategy Overview: Market Breadth Analysis: The strategy uses the "Breadth Thrust Indicator," which evaluates market momentum by calculating the ratio of advancing stocks to the total number of stocks on the New York Stock Exchange (NYSE). This indicator helps identify bullish market conditions. An optional feature allows for the inclusion of volume data in this calculation, enhancing the signal's robustness. Signal Generation: A long position is triggered when the smoothed breadth ratio (or the combined breadth and volume ratio) crosses above a specified low threshold (e.g., 0.4). This crossover indicates a potential shift towards positive market momentum. Key Parameters: Smoothing Length (length): Defines the period over which the breadth or combined ratio is smoothed using a simple moving average (SMA) to reduce noise and highlight the underlying trend. Low Threshold (threshold_low): The level below which the smoothed ratio must fall before crossing back above to trigger a long signal. Hold Periods (hold_periods): The minimum number of periods for which the position will be held once entered, ensuring the strategy captures a meaningful move. Volatility Multiplier (volatility_multiplier): A multiplier applied to the Average True Range (ATR) to determine the distance of the stop-loss from the entry price, which adjusts according to market volatility. Trade Management: Entry Signal: The strategy enters a long position when the smoothed combined ratio crosses above the low threshold, signaling a potential bullish reversal. ATR-Based Stop-Loss: Upon entering a trade, the strategy calculates a stop-loss level based on the ATR, which measures market volatility. The stop-loss is set at a distance from the entry price, determined by multiplying the ATR by the specified volatility multiplier. This adaptive stop-loss mechanism helps protect the position from adverse market moves. Stop-Loss Adjustment: While the position is open, the stop-loss level is dynamically updated, ensuring it never decreases (trailing stop-loss effect) but can be adjusted upwards to reflect the latest price action relative to volatility. Position Closure: The position is closed if: The market price falls to or below the stop-loss level. The position has been held for the specified number of periods (hold_periods), after which it is automatically closed. Additional Settings: Initial Capital: The strategy starts with an initial capital of $10,000. Commissions and Slippage: Each trade incurs a commission of $5 per order, and slippage is accounted for at $1 per trade. Background Highlighting: The chart background turns green when a position is open, providing a clear visual indication of the active trade. This strategy is designed to identify and capitalize on upward momentum in the market while employing a volatility-adjusted stop-loss to manage risk. By combining market breadth analysis with volatility-based stop-losses, the strategy aims to balance profit potential with protection against sudden market reversals.
Chiến lược Pine Script®
của EdgeTools
RSI Strategy with Adjustable RSI and Stop-LossThis trading strategy uses the Relative Strength Index (RSI) and a Stop-Loss mechanism to make trading decisions. Here’s a breakdown of how it works: RSI Calculation: The RSI is calculated based on the user-defined length (rsi_length). This is a momentum oscillator that measures the speed and change of price movements. Buy Condition: The strategy generates a buy signal when the RSI value is below a user-defined threshold (rsi_threshold). This condition indicates that the asset might be oversold and potentially due for a rebound. Stop-Loss Mechanism: Upon triggering a buy signal, the strategy calculates the Stop-Loss level. The Stop-Loss level is set to a percentage below the entry price, as specified by the user (stop_loss_percent). This level is used to limit potential losses if the price moves against the trade. Sell Condition: A sell signal is generated when the current closing price is higher than the highest high of the previous day. This condition suggests that the price has reached a new high, and the strategy decides to exit the trade. Plotting: The RSI values are plotted on the chart for visual reference. A horizontal line is drawn at the RSI threshold level to help visualize the oversold condition. Summary Buying Strategy: When RSI is below the specified threshold, indicating potential oversold conditions. Stop-Loss: Set based on a percentage of the entry price to limit potential losses. Selling Strategy: When the price surpasses the highest high of the previous day, signaling a potential exit point. This strategy aims to capture potential rebounds from oversold conditions and manage risk using a Stop-Loss mechanism. As with any trading strategy, it’s essential to test and optimize it under various market conditions to ensure its effectiveness.
Chiến lược Pine Script®
của EdgeTools
TFO + ATR Strategy with Trailing Stop LossThis strategy is an experiment to learn what happens when The Trend Flex Oscillator (by Dr. John Ehlers) is used in conjunction with a volatility indicator like ATR. It was designed with cryptocurrency trading in mind. The way I coded this experiment makes it unsuitable for bear market conditions. When applied to a bull market, this trend-following strategy will open long positions when oversold price action appear to be reversing. It will typically close a position within a few days unless it gets caught in a bear market, in which case it holds on for dear life. I have tried to make back-testing very simple, but you should never trust it. It's merely and interesting tool for adjusting the many parameters that I've made editable in the configuration window. Those values include the ATR and TFO parameters, as well as setting a trailing stop loss. When closing a position, the strategy can optionally be told to ignore the trend analysis and only obey the trailing stop loss value. I've made an attempt to allow the user to define the minimum profit necessary to allow the strategy to close all all positions. In my observations, the 2H candlestick charts seem to produce the best results, although the parameters of the strategy could theoretically be adjusted to suit other time periods. In summary... This strategy has a bias for HODL (Holds on to Losses) meaning that it provides NO STOP LOSS protection! Also note that the default behavior is designed for up to 15 open long orders, and executes one order to close them all at once. Opening a long position is predicated on The Trend Flex Oscillator (TFO) rising after being oversold, and ATR above a certain volatility threshold. Closing a long is handled either by TFO showing overbought while above a certain ATR level, or the Trailing Stop Loss. Pick one or both. If the strategy is allowed to sell before a Trailing Stop Loss is triggered, you can set a "must exceed %". Do not mistake this for a stop loss. Short positions are not supported in this version. Back-testing should NEVER be considered an accurate representation of actual trading results. // portions © allanster (date window code) // portions © Dr. John Ehlers (Trend Flex Oscillator) This code is provided for educational purposes only. The results of this strategy should not be considered investment advice. The user of this script acknowledges that it can result in serious financial loss when used as a trading tool
Chiến lược Pine Script®
của Chart0bserver
1
MACD Enhanced Strategy MTF with Stop Loss [LTB]Test strategy for MACD This strategy, named "MACD Enhanced Strategy MTF with Stop Loss ," is a modified Moving Average Convergence Divergence (MACD) strategy with enhancements such as multi-timeframe (MTF) analysis, custom scoring, and a dynamic stop loss mechanism. Let’s break down how to effectively use it: Key Elements of the Strategy MACD Indicator with Modifications: The strategy uses MACD, a well-known momentum indicator, with customizable parameters: fastLength, slowLength, and signalLength represent the standard MACD settings. Instead of relying solely on MACD crossovers, it introduces scoring parameters for histogram direction (histside), indicator direction (indiside), and signal cross (crossscore). This allows for a more nuanced decision-making process when determining buy and sell signals. Multi-Timeframe Analysis (MTF): The strategy compares the current timeframe's MACD score with that of a higher timeframe (HTF). It dynamically selects the higher timeframe based on the current timeframe. For example, if the current chart period is 1, it will select 5 as the higher timeframe. This MTF approach aims to align trades with broader trends, filtering out false signals that could be present when analyzing only a single timeframe. Scoring System: A custom scoring system (count() function) is used to evaluate buy and sell signals. This includes calculations based on the direction and momentum of MACD (indi) and the histogram. The score is used to determine the strength of signals. Positive scores indicate bullish sentiment, while negative scores indicate bearish sentiment. This scoring mechanism aims to reduce the influence of noise and provide more reliable entries. Entry Conditions: Long Condition: When the Result value (a combination of MTF and current MACD analysis) changes and becomes positive, a long entry is triggered. Short Condition: When the Result changes and becomes negative, a short entry is initiated. Stop Loss Mechanism: The countstop() function calculates dynamic stop loss values for both long and short trades. It is based on the Average True Range (ATR) multiplied by a factor (Mult), providing adaptive stop loss levels depending on market volatility. The stop loss is plotted on the chart to show potential risk levels for open trades, with the line appearing only if shotsl is enabled. How to Use the Strategy To properly use the strategy, follow these steps: Parameter Optimization: Adjust the input parameters such as fastLength, slowLength, and signalLength to tune the MACD indicator to the specific asset you’re trading. The values provided are typical defaults, but optimizing these values based on backtesting can help improve performance. Customize the scoring parameters (crossscore, indiside, histside) to balance how much weight you want to put on the direction, histogram, and cross events of the MACD indicator. Select Appropriate Timeframes: This strategy employs a multi-timeframe (MTF) approach, so it's important to understand how the higher timeframe (HTF) is selected based on the current timeframe. For instance, if you are trading on a 5-minute chart, the higher timeframe will be 15 minutes, which helps filter out lower timeframe noise. Ensure you understand the relationship between the timeframe you’re using and the HTF it automatically selects. The strategy’s effectiveness can vary depending on how these timeframes align with the asset’s overall volatility. Run Backtests: Always backtest the strategy over historical data to determine its reliability for the asset and timeframes you’re interested in. Note that the MTF approach may require substantial data to capture how different timeframes interact. Use the backtest results to adjust the scoring parameters or the Stop Loss Factor (Mult) for better risk management. Stop Loss Usage: The stop loss is calculated dynamically using ATR, which means that it adjusts with changing volatility. This can be useful to avoid being stopped out too often during periods of increased volatility. The shotsl parameter can be set to true to visualize the stop loss line on the chart. This helps to monitor the protection level and make better decisions regarding holding or closing a trade manually. Entry Signals and Trade Execution: Look for changes in the Result value to determine entry points. For a long position, the Result needs to become positive, and for a short position, it must be negative. Note that the strategy's entries are more conservative because it waits for the Result to confirm the direction using multiple factors, which helps filter out false breakouts. Risk Management: The adaptive stop loss mechanism reduces the risk by basing the stop level on market volatility. However, you must still consider additional risk management practices such as position sizing and profit targets. Given the scoring mechanism, it might not enter trades frequently, which means using this strategy may result in fewer but potentially more accurate trades. It’s important to be patient and not force trades that don’t align with the calculated results. Real-Time Monitoring: Make sure to monitor trades actively. Since the strategy recalculates the score on each bar, real-time changes in the Result value could provide exit opportunities even if the stop loss isn't triggered. Summary The "MACD Enhanced Strategy MTF with Stop Loss " is a sophisticated version of the MACD strategy, enhanced with multi-timeframe analysis and adaptive stop loss. Properly using it involves optimizing MACD and scoring parameters, selecting suitable timeframes, and actively managing entries and exits based on a combination of scoring and volatility-based stop losses. Always conduct thorough backtesting before applying it in a live environment to ensure the strategy performs well on the asset you're trading.
Chiến lược Pine Script®
của skigoogs
4
CBC Strategy with Trend Confirmation & Separate Stop LossCBC Flip Strategy with Trend Confirmation and ATR-Based Targets This strategy is based on the CBC Flip concept taught by MapleStax and inspired by the original CBC Flip indicator by AsiaRoo. It focuses on identifying potential reversals or trend continuation points using a combination of candlestick patterns (CBC Flips), trend filters, and a time-based entry window. This approach helps traders avoid false signals and increase trade accuracy. What is a CBC Flip? The CBC Flip is a candlestick-based pattern that identifies moments when the market is likely to change direction or strengthen its trend. It checks for a shift in price behavior between consecutive candles, signaling a bullish (upward) or bearish (downward) move. However, not all flips are created equal! This strategy differentiates between Strong Flips and All Flips, allowing traders to choose between a more conservative or aggressive approach. Strong Flips vs. All Flips Strong Flips A Strong Flip is a high-probability setup that occurs only after liquidity is swept from the previous candle’s high or low. What is a liquidity sweep? This happens when the price briefly moves beyond the high or low of the previous candle, triggering stop-losses and trapping traders in the wrong direction. These sweeps often create fuel for the next move, making them powerful reversal signals. Examples: Long Setup: The price dips below the previous candle’s low (sweeping liquidity) and then closes higher, signaling a potential bullish move. Short Setup: The price moves above the previous candle’s high and then closes lower, signaling a potential bearish move. Why Use Strong Flips? They provide fewer signals, but the accuracy is generally higher. Ideal for trending markets where liquidity sweeps often mark key turning points. All Flips All Flips are less selective, offering both Strong Flips and additional signals without requiring a liquidity sweep. This approach gives traders more frequent opportunities but comes with a higher risk of false signals, especially in sideways markets. Examples: Long Setup: A CBC flip occurs without sweeping the previous low, but the trend direction is confirmed (slow EMA is still above VWAP). Short Setup: A CBC flip occurs without sweeping the previous high, but the trend is still bearish (slow EMA below VWAP). Why Use All Flips? Provides more frequent entries for active or aggressive traders. Works well in trending markets but requires caution during consolidation periods. How This Strategy Works The strategy combines CBC Flips with multiple filters to ensure better trade quality: Trend Confirmation: The slow EMA (20-period) must be positioned relative to the VWAP to confirm the overall trend direction. Long Trades: Slow EMA must be above VWAP (upward trend). Short Trades: Slow EMA must be below VWAP (downward trend). Time-Based Filter: Traders can specify trading hours to limit entries to a particular time window, helping avoid low-volume or high-volatility periods. Profit Target and Stop-Loss: Profit Target: Defined as a multiple of the 14-period ATR (Average True Range). For example, if the ATR is 10 points and the profit target multiplier is set to 1.5, the strategy aims for a 15-point profit. Stop-Loss: Uses a dynamic, candle-based stop-loss: Long Trades: The trade closes if the market closes below the low of two candles ago. Short Trades: The trade closes if the market closes above the high of two candles ago. This approach adapts to recent price behavior and protects against unexpected reversals. Customizable Settings Strong Flips vs. All Flips: Choose between a more selective or aggressive entry style. Profit Target Multiplier: Adjust the ATR multiplier to control the distance for profit targets. Entry Time Range: Define specific trading hours for the strategy. Indicators and Visuals Fast EMA (10-Period) – Black Line Slow EMA (20-Period) – Red Line VWAP (Volume-Weighted Average Price) – Orange Line Visual Labels: ▵ (Triangle Up) – Marks long entries (buy signals). ▿ (Triangle Down) – Marks short entries (sell signals). Credits CBC Flip Concept: Inspired by MapleStax, who teaches this concept. Original Indicator: Developed by AsiaRoo, this strategy builds on the CBC Flip framework with additional features for improved trade management. Risks and Disclaimer This strategy is for educational purposes only and does not constitute financial advice. Trading involves significant risk and may result in the loss of capital. Past performance does not guarantee future results. Use this strategy in a simulated environment before applying it to live trading.
Chiến lược Pine Script®
của PumpCTrader
EMA Cross + RSI + ADX - Autotrade Strategy V2Overview A versatile trend-following strategy combining EMA 9/21 crossovers with RSI momentum filtering and optional ADX trend strength confirmation. Designed for both cryptocurrency and traditional futures/options markets with built-in stop loss management and automated position reversals. Key Features Multi-Market Compatibility: Works on both crypto futures (Bitcoin, Ethereum) and traditional markets (NIFTY, Bank NIFTY, S&P 500 futures, equity options) Triple Confirmation System: EMA crossover + RSI filter + ADX strength (optional) Automated Risk Management: 2% stop loss with wick-touch detection Position Auto-Reversal: Opposite signals automatically close and reverse positions Webhook Ready: Six distinct alert messages for automation (Entry Buy/Sell, Close Long/Short, SL Hit Long/Short) Performance Metrics NIFTY Futures (15min): 50%+ win rate with ADX filter OFF Crypto Markets: Requires extensive backtesting before live deployment Optimal Timeframes: 15-minute to 1-hour charts (patience required for higher timeframes) Strategy Logic Entry Signals: LONG: EMA 9 crosses above EMA 21 + RSI > 55 + ADX > 20 (if enabled) SHORT: EMA 9 crosses below EMA 21 + RSI < 45 + ADX > 20 (if enabled) Exit Signals: Opposite EMA crossover (auto-closes current position) Stop loss hit at 2% from entry price (tracks candle wicks) Technical Indicators: Fast EMA: 9-period (short-term trend) Slow EMA: 21-period (primary trend) RSI: 14-period with 55/45 thresholds (momentum confirmation) ADX: 14-period with 20 threshold (trend strength filter - optional) Market-Specific Settings Traditional Markets (NIFTY, Bank NIFTY, S&P Futures, Options) Recommended Settings: ADX Filter: Turn OFF (less choppy, cleaner trends) Timeframe: 15-minute chart Win Rate: 50%+ on NIFTY Futures Why No ADX: Traditional markets have more institutional participation and smoother price action, making ADX unnecessary Cryptocurrency Markets (BTC, ETH, Altcoins) Recommended Settings: ADX Filter: Turn ON (ADX > 20) Timeframe: 15-minute to 1-hour Extensive backtesting required before live trading Why ADX: Crypto markets are highly volatile and prone to false breakouts; ADX filters low-quality chop Best Practices ✅ Backtest thoroughly on your specific instrument and timeframe ✅ Use larger timeframes (1H, 4H) for higher quality signals and better risk/reward ✅ Adjust RSI thresholds based on market volatility (try 52/48 for more signals, 60/40 for fewer but stronger) ✅ Monitor ADX effectiveness - disable for traditional markets, enable for crypto ✅ Proper position sizing - adjust default_qty_value based on your capital and instrument price ✅ Paper trade first - test for 2-4 weeks before risking real capital Risk Management Fixed 2% stop loss per trade (adjustable) Stop loss tracks candle wicks for accurate execution Positions auto-reverse on opposite signals (no manual intervention needed) 0.075% commission built into backtest (adjust for your broker) Customization Options All parameters are adjustable via inputs: EMA periods (default: 9/21) RSI length and thresholds (default: 14-period, 55/45 levels) ADX length and threshold (default: 14-period, 20 threshold) Stop loss percentage (default: 2%) Webhook Automation This strategy includes six distinct alert messages for automated trading: "Entry Buy" - Long position opened "Entry Sell" - Short position opened "Close Long" - Long position closed on opposite crossover "Close Short" - Short position closed on opposite crossover "SL Hit Long" - Long stop loss triggered "SL Hit Short" - Short stop loss triggered Compatible with Delta Exchange, Binance Futures, 3Commas, Alertatron, and other webhook platforms. Important Notes ⚠️ Crypto markets require extensive backtesting - volatility patterns differ significantly from traditional markets ⚠️ Higher timeframes = better results - 15min works but 1H/4H provide cleaner signals ⚠️ ADX toggle is critical - OFF for traditional markets, ON for crypto ⚠️ Not financial advice - always conduct your own research and use proper risk management ⚠️ Past performance ≠ future results - backtest results may not reflect live trading conditions Disclaimer This strategy is for educational and informational purposes only. Trading futures and options involves substantial risk of loss. Always backtest thoroughly, start with paper trading, and never risk more than you can afford to lose. The author assumes no responsibility for any trading losses incurred using this strategy.
Chiến lược Pine Script®
của varuns_back
5
Trailing Stop Loss [TradingFinder] 4 Machine Learning Methods🔵 Introduction The trailing stop indicator dynamically adjusts stop-loss (SL) levels to lock in profits as price moves favorably. It uses pivot levels and ATR to set optimal SL points, balancing risk and reward. Trade confirmation filters, a key feature, ensure entries align with market conditions, reducing false signals. In 2023 a study showed filtered entries improve win rates by 15% in forex. This enhances trade precision. SL settings, ranging from very tight to very wide, adapt to volatility via ATR calculations. These settings anchor SL to previous pivot levels, ensuring alignment with market structure. This caters to diverse trading styles, from scalping to swing trading. The indicator colors the profit zone between the entry point (EP) and SL, using light green for buy trades and light red for sell trades. This visual cue highlights profit potential. It’s ideal for traders seeking dynamic risk management. A table displays real-time trade details, including EP, SL, and profit/loss (PNL). Backtests show trailing stops cut losses by 20% in trending markets. This transparency aids decision-making. 🔵 How to Use 🟣 SL Levels The trailing stop indicator sets SL based on pivot levels and ATR, offering four options: very tight, tight, wide, or very wide. Very tight SLs suit scalpers, while wide SLs fit swing traders. Select the base level to match your strategy. If price hits the SL, the trade closes, and the indicator evaluates the next trade using the selected filter. This ensures disciplined trade management. The cycle restarts with a new confirmed entry. Very tight SLs, set near recent pivots, trigger exits early to minimize risk but limit profits in volatile markets. Wide SLs, shown as farther lines, allow more price movement but increase exposure to losses. Adjust based on ATR and conditions, noting SL breaches open new positions. 🟣 Visualization The indicator’s visual cues, like colored profit zones, simplify monitoring, with light green showing the profit area from EP to trailed SL. Dashed lines mark entry points, while solid lines track the trailed SL, triggering new positions when breached. When price moves into profit, the area between EP and SL is colored—light green for longs, light red for shorts. This highlights the profit zone visually. The SL trails price, locking in gains as the trade progresses. 🟣 Filters Upon trade entry, the indicator requires confirmation via filters like SMA 2x or ADX to validate momentum. Filters reduce false entries, though no guarantee exists for improved outcomes. Monitor price action post-entry for trade validity. Filters like Momentum or ADX assess trend strength before entry. For example, ADX above 25 confirms strong trends. Choose “none” for unfiltered entries. 🟣 Bullish Alert For a bullish trade, the indicator opens a long position with a green SL Line (after optional filters), trailing the SL below price. Set alerts to On in the settings for notifications, or Off to monitor manually. 🟣 Bearish Alert In a bearish trade, the indicator opens a short position with a red SL Line post-confirmation, trailing the SL above price. With alerts On in the settings, it notifies the potential reversal. 🟣 Panel A table displays all trades’ details, including Win Rates, PNL, and trade status. This real-time data aids in tracking performance. Check the table to assess trade outcomes instantly. Review the table regularly to evaluate trade performance and adjust settings. Consistent monitoring ensures alignment with market dynamics. This maximizes the indicator’s effectiveness. 🔵 Settings Length (Default: 10) : Sets the pivot period for calculating SL levels, balancing sensitivity and reliability. Base Level : Options (“Very tight,” “Tight,” “Wide,” “Very wide”) adjust SL distance via ATR. Show EP Checkbox : Toggles visibility of the entry point on the chart. Show PNL : Displays profit/loss data for active and closed trades. Filter : Options (“none,” “SMA 2x,” “Momentum,” “ADX”) validate trade entries. 🔵 Conclusion The trailing stop indicator, a dynamic risk management tool, adjusts SLs using pivot levels and ATR. Its confirmation filters reduce false entries, boosting precision. Backtests show 20% loss reduction in trending markets. Customizable SL settings and visual profit zones enhance usability across trading styles. The real-time table provides clear trade insights, streamlining analysis. It’s ideal for forex, stocks, or crypto. While filters like ADX improve entry accuracy, no setup guarantees success in all conditions. Contextual analysis, like trend strength, is key. This indicator empowers disciplined, data-driven trading.
Chỉ báo Pine Script®
của TFlab
13
Market Structure Based Stop LossMarket Structure Based Dynamic Stop Loss Introduction The Market Structure Based Stop Loss indicator is a strategic tool for traders designed to be useful in both rigorous backtesting and live testing, by providing an objective, “guess-free” stop loss level. This indicator dynamically plots suggested stop loss levels based on market structure, and the concepts of “interim lows/highs.” It provides a robust framework for managing risk in both long and short positions. By leveraging historical price movements and real time market dynamics, this indicator helps traders identify quantitatively consistent risk levels while optimizing trade returns. Legend This indicator utilizes various inputs to customize its functionality, including "Stop Loss Sensitivity" and "Wick Depth," which dictate how closely the stop loss levels hug the price's highs and lows. The stop loss levels are plotted as lines on the trading chart, providing clear visual cues for position management. As seen in the chart below, this indicator dynamically plots stop loss levels for both long and short positions at every point in time. A “Stop Loss Table” is also included, in order to enhance precision trading and increase backtesting accuracy. It is customizable in both size and positioning. Case Study Methodology The methodology behind this indicator focuses on the precision placement of stop losses using market structure as a guide. It calculates stop losses by identifying the "lowest close" and the corresponding "lowest low" for long setups, and inversely for short setups. By adjusting the sensitivity settings, traders can tweak the indicator's responsiveness to price changes, ensuring that the stop losses are set with a balance between tight risk control and enough room to avoid premature exits due to market noise. The indicator's ability to adapt to different trading styles and time frames makes it an essential tool for traders aiming for efficiency and effectiveness in their risk management strategies. An important point to make is the fact that the stop loss levels are always placed within the wicks. This is important to avoid what can be described as a “floating stop loss”. A stop loss placed outside of a wick is susceptible to an outsized degree of slippage. This is because traders always cluster their stop losses at high/low wicks, and a stop loss placed outside of this level will inevitably be caught in a low liquidity cascade or “wash-out.” When price approaches a cluster of stop losses, it is highly probable that you will be stopped out anyway, so it is prudent to attempt to be the trader who gets stopped out first in order to avoid high slippage, and losses above what you originally intended. // For long positions: stop-loss is slightly inside the lowest wick float dynamic_SL_Long = lowestClose - (lowestClose - lowestLow) * (1 - WickDepth) // For short positions: stop-loss is slightly inside the highest wick float dynamic_SL_Short = highestClose + (highestHigh - highestClose) * (1 - WickDepth) The percentage depth of the wick in which the stop loss is placed is customisable with the “Wick Depth” variable, in order to customize stop loss strategies around the liquidity of the market a trader is executing their orders in.
Chỉ báo Pine Script®
của Cryptosystems
6
Two Take Profits and Two Stop LossThis script is for research purposes only. I am not a financial advisor. Entry Condition This strategy is based on two take profit targets, two stop loss, and scaling out strategy. The entry rule is very simple. Whenever the EMA crossover WMA, the long trade is taken and vice versa. Take Profit and Stop Loss The first take profit is set at 20 pips above the long entry and the second take profit is set at 40 pips above the long entry. Meanwhile, the first stop loss is set at 20 pips below the long entry and the second stop loss is set at the long entry. Money Management When the first take profit is achieved, half of the position is closed and the first stop loss is moved to the entry-level. The rest of the position is open to achieve either second take profit or second stop loss. There are three outcomes when using this strategy. Let's say you enter the trade with 200 lot size and you are risking 2% of your equity. 1. The first outcome is when the price hits stop loss, you lose the entire 2%. 2. The second outcome is when the price hits the first take profit and you close half of your position. Meaning that you have gained 1%. Then you let the trade running and eventually it hits the second stop loss. Remember your first stop loss has changed to the second stop loss when the first take profit is achieved. The total loss is 0% because the price is at your entry-level. You have gained the earlier 1% and then lost 0%. At this point, you are at 1% gained. 3. The third outcome is similar to the second out but instead of hitting the second stop loss, the trade is running to your favor and hits the second take profit. Therefore, you gained 1% from the first take profit and you gained another 2% for the second take profit. Your total gained is 3% Summary The reason behind this strategy is to minimize risk. with normal strategy, you only have two outcomes which are either win or loss. With this strategy, you have three outcomes which win 3%, win 1%, or loss 2%. This is my similar strategy but with single stop loss
Chiến lược Pine Script®
của ahmad_naquib
27
High-Low Breakout Strategy with ATR traling Stop LossThis script is a TradingView Pine Script strategy that implements a High-Low Breakout Strategy with ATR Trailing Stop.created by SK WEALTH GURU, Here’s a breakdown of its key components: Features and Functionality Custom Timeframe and High-Low Detection Allows users to select a custom timeframe (default: 30 minutes) to detect high and low levels. Tracks the high and low within a user-specified period (e.g., first 30 minutes of the session). Draws horizontal lines for high and low, persisting for a specified number of days. Trade Entry Conditions Long Entry: If the closing price crosses above the recorded high. Short Entry: If the closing price crosses below the recorded low. The user can choose to trade Long, Short, or Both. ATR-Based Trailing Stop & Risk Management Uses Average True Range (ATR) with a multiplier (default: 3.5) to determine a dynamic trailing stop-loss. Trades reset daily, ensuring a fresh start each day. Trade Execution and Partial Profit Taking Stop-loss: Default at 1% of entry price. Partial profit: Books 50% of the position at 3% profit. Max 2 trades per day: If the first trade hits stop-loss, the strategy allows one re-entry. Intraday Exit Condition All positions close at 3:15 PM to ensure no overnight risk.
Chiến lược Pine Script®
của Wealth-Guru
2
IU Trailing Stop Loss MethodsThe 'IU Trailing Stop Loss Methods' it's a risk management tool which allows users to apply 12 trailing stop-loss (SL) methods for risk management of their trades and gives live alerts when the trailing Stop loss has hit. Below is a detailed explanation of each input and the working of the Script. Main Inputs: - bar_time: Specifies the date from which the trade begins and entry price will be the open of the first candle. - entry_type: Choose between 'Long' or 'Short' positions. - trailing_method: Select the trailing stop-loss method. Options include ATR, Parabolic SAR, Supertrend, Point/Pip based, Percentage, EMA, Highest/Lowest, Standard Deviation, and multiple target-based methods. - exit_after_close: If checked, exits the trade only after the candle closes. Optional Inputs: ATR Settings: - atr_Length: Length for the ATR calculation. - atr_factor: ATR multiplier for SL calculation. Parabolic SAR Settings: - start, increment, maximum: Parameters for the Parabolic SAR indicator. Supertrend Settings: - supertrend_Length, supertrend_factor: Length and factor for the Supertrend indicator. Point/Pip Based: - point_base: Set trailing SL in points/pips. Percentage Based: - percentage_base: Set SL as a percentage of entry price. EMA Settings: - ema_Length: Length for EMA calculation. Standard Deviation Settings: - std_Length, std_factor: Length and factor for standard deviation calculation. Highest/Lowest Settings: - highest_lowest_Length: Length for the highest/lowest SL calculation. Target-Based Inputs: - ATR, Point, Percentage, and Standard Deviation based target SL settings with customizable lengths and multipliers. Entry Logic: - Trades initiate based on the entry_type selected and the specified bar_time. - If Long is selected, a long trade is initiated when the conditions match, and vice versa for Short. Trailing Stop-Loss (SL) Methods Explained: The strategy dynamically adjusts stop-loss based on the chosen method. Each method has its calculation logic: - ATR: Stop-loss calculated using ATR multiplied by a user-defined factor. - Parabolic SAR: Uses the Parabolic SAR indicator for trailing stop-loss. - Supertrend: Utilizes the Supertrend indicator as the stop-loss line. - Point/Pip Based: Fixed point-based stop-loss. - Percentage Based: SL set as a percentage of entry price. - EMA: SL based on the Exponential Moving Average. - Highest/Lowest: Uses the highest high or lowest low over a specified period. - Standard Deviation: SL calculated using standard deviation. Exit Conditions: - If exit_after_close is enabled, the position will only close after the candle confirms the stop-loss hit. - If exit_after_close is disabled, the strategy will close the trade immediately when the SL is breached. Visualization: The script plots the chosen trailing stop-loss method on the chart for easy visualization. Target-Based Trailing SL Logic: - When a position is opened, the strategy calculates the initial stop-loss and progressively adjusts it as the price moves favorably. - Each SL adjustment is stored in an array for accurate tracking and visualization. Alerts and Labels: - When the Entry or trailing stop loss is hit this scripts draws a label and give alert to the user that trailing stop has been hit for the trade. Note - on the historical data The Script will show nothing if the entry and the exit has happened on the same candle, because we don't know what was hit first SL or TP (basically how the candle was formed on the lower timeframe). Summary: This script offers flexible trailing stop-loss options for traders who want dynamic risk management in their strategies. By offering multiple methods like ATR, SAR, Supertrend, and EMA, it caters to various trading styles and risk preferences.
Chỉ báo Pine Script®
của Shivam_Mandrai
8
Tiger's Stop - Objective Stoploss SettingTrading 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 False Range just candle bodies. It is calculated as an absolute value of (close-open). Then, Rolling Moving Average is applied on both ATR and False Range to get an idea of how far the price tends to extend out of pure randomness. The resulting value is multiplied by a Multiplier. The next step is an addition of the values to the higher part of the candle for short or a lower part of the candle for long. I prefer a special calculation instead of using Highs and Lows because it allows for more precise observation and stop-loss set up for less wicky symbols. ►►►Additional Functions • Smoothing - applies moving average to candles from which range distance is calculated. This can achieve good smoothness but higher values will lead to using outdated price in the SL area calculation. • Enable/Disable - if you know the direction you are going to trade in, it is good to disable either Long Stop-Loss Area or Short Stop-Loss Area. Just untick it in the settings. ►►►Actual Using Before using the script to set your stop-loss, check the historical data and find a similar set-up. Is it engulfing you use as a trigger? Find a different one and see how effective the stop-loss based on the ATR*multiplier was. This will help you to optimize Multiplier value. A picture shows such research for a double top. You should find more similar situations to find an optimal value. Ultimately, the indicator still gives you relatively a lot of freedom with your stop-loss settings (at least, that is with the default settings). You need to decide how loose stop-loss you want to set. Average True Range is the furthermost part which will make for a very large stop-loss, on the other hand, False Range might be triggered by a villainous wick unnecessarily. The choice should depend on the specific symbol you trade and perhaps, you will learn to set stops regardless of the indicator. A little trick : 1. You can set the loosest stop-loss and set a TradingView alert for where the tightest stop-loss would be. When alerted, you will get the opportunity to reconsider the trade and take a loss if needs be or exit if a candle closes there. 2. Mostly for cryptocurrencies, you can set the tightest stop-loss to protect yourself from sudden spikes. If the price approaches it slowly enough, you can move the stop-loss to the further part of the channel. This is not the same as moving stop-loss indefinitely with hopes of reversal if you plan it from the beginning and a smaller stop is meant to protect you from spikes that are not always predictable and drive to both directions. ►►►Advantages of trailing stop-loss I usually stick with my original stop-loss instead of moving to break even. If my entry area was functional support once, it may work again and is, therefore, still a good entry zone. But an alternative used to preserve as much of the profit as possible is trailing. Trailing is setting a specific value in ticks or a calculation of how to move the stop-loss whenever the price moves in your favor. Tiger's Stop can be used this way. Whenever there is a new value as the candle closes and that value is closer to price than your current stop-loss, you can update it. However, if it moves further from your price, don't change the stop-loss. This can be a little tiresome if you do it manually but should be worth the effort. I usually start trailing only after the price moves significantly in my favor that allowing it to return to the entry price would not make any sense. ►►►Feedback and optimization The preview chart is chosen entirely at random and the values are not optimized for any specific symbol. If you opt to use it, let me know which values work for you the best, I'll add it to the description when I update it. Furthermore, let me know if you think any sort of alerts would be useful with my script. Good luck!
Chỉ báo Pine Script®
của OrcChieftain
4
Trailing Stop Loss Smart [TradingFinder] Market Trend + CVD/EMA🔵 Introduction Trailing Stop Loss (TSL) is one of the most powerful tools available. A Trailing Stop Loss is a modification of a typical stop order that adjusts dynamically based on market price movement. It can be set at a defined percentage or dollar amount away from the security's current market price, making it a flexible tool for locking in profits while minimizing risk. Unlike standard stop-loss orders, a Trailing Stop follows the market in the direction of the trade, protecting gains without requiring constant manual adjustments. The Trailing Stop Loss Smart (TFlab Trailing Stop) indicator takes this concept even further by incorporating advanced metrics like Cumulative Volume Delta (CVD), volume dynamics, and Average True Range (ATR). This combination not only enhances risk management but also acts as a trend identifier, providing traders with a powerful tool to capitalize on both short-term and long-term price movements. This indicator also supports various Order Types, allowing for flexible strategies that include a trailing stop/stop-loss combo to maximize winning trades while minimizing losses. The trailing stop limit is particularly useful for traders who want to set their stop at a precise level relative to the current market price, either by a percentage or a dollar amount. The Trailing Stop Loss Smart indicator can help ensure that traders do not exit too early during trends, while the stop-loss feature kicks in during reversals. The advantages of using a Trailing Stop Loss are its ability to protect profits and reduce the emotional decision-making process in volatile markets. However, like all trading strategies, it has disadvantages, such as the risk of triggering too early during normal market fluctuations. By understanding how the Trailing Stop Loss Smart indicator integrates features like CVD, ATR, and volume analysis, traders can leverage its full potential while navigating these pros and cons. With its unique ability to track market movements and trends using Cumulative Volume Delta, volume dynamics, and ATR-based trailing stops, this indicator offers a complete solution for traders looking to secure profits while minimizing downside risk. Whether you're employing a simple trailing stop or a trailing stop/stop-loss combo, this tool provides all the flexibility and precision needed to execute winning trades in various markets, including Forex, Crypto, and Stock. 🔵 How to Use The Trailing Stop Loss Smart indicator integrates multiple advanced components to provide traders with superior risk management and trend identification. Here’s how each part of the logic works : 🟣 Cumulative Volume Delta (CVD) Logic The CVD tracks buying and selling pressure by calculating the difference between upward and downward price movements. When there’s more buying pressure, the CVD is positive, indicating a potential bullish trend. Conversely, more selling pressure results in a negative CVD, pointing to a bearish trend. CVD Trend Detection : The indicator determines whether the market is in a bullish or bearish phase by comparing the CVD to its moving average. A bullish trend is confirmed when the CVD is above its moving average and the price is closing higher. A bearish trend occurs when the CVD is below its moving average and the price is closing lower. This trend detection is critical for determining whether the trailing stop should be placed below the price (bullish) or above it (bearish). 🟣 Volume Dynamics Volume is a key factor in identifying market strength. The Trailing Stop Loss Smart indicator pulls volume data based on the market selected (Forex, Crypto, or Stock) and adjusts the trailing stop based on whether the market is experiencing high volume or low volume. High Volume : When the current volume exceeds the average volume, the market is in a high-volume state. During these conditions, the trailing stop is placed closer to the price, as high volume often indicates strong trends with less chance of reversals. Low Volume : In low-volume conditions, the trailing stop gives the market more room to breathe by placing the stop further away from the price. This prevents premature stop-outs in periods of reduced market activity. 🟣 ATR-Based Trailing Stop The Average True Range (ATR) is used to measure market volatility. The Trailing Stop Loss Smart uses the ATR to dynamically adjust the stop-loss distance. Bullish Market : When a bullish trend is detected, the trailing stop is placed below the lowest price of the recent bars (determined by the Bar Back parameter), and adjusted by the ATR Multiplier. This allows for tighter protection during strong bullish trends. Bearish Market : When the market is bearish, the trailing stop is placed above the highest price of recent bars, also adjusted by the ATR Multiplier. This ensures that short positions are safeguarded against sudden reversals. 🟣 Dynamic Stop-Loss Updates The trailing stop is updated every few bars (according to the Refiner parameter), ensuring it remains relevant to the most recent price action and volume changes. This dynamic feature ensures the stop-loss adapts to both trending and volatile market conditions, without requiring manual intervention. High Volume with Trends : In periods of high volume and a confirmed trend, the stop-loss is positioned tightly to lock in profits while minimizing the risk of reversal. Low Volume with Trends : In low-volume conditions, the stop-loss is placed further from the price, allowing the market to move freely without triggering premature exits. 🟣 Visual Representation The indicator visually represents the trailing stop on the chart, with green lines indicating bullish trends and red lines for bearish trends. This visual aid helps traders quickly assess the state of the market and the position of their trailing stop in real-time. 🔵 Settings The Trailing Stop Loss Smart indicator offers several customizable settings to suit various trading strategies. Understanding these inputs is key to optimizing the tool for your specific trading style. 🟣 General Settings Cumulative Mode : This controls how the CVD is calculated. You can choose between : EMA : Exponential Moving Average smoothing. Periodic : Sums the delta over a fixed period. CVD Period : Defines the look-back period for CVD calculation. A longer period smooths the data, making it less sensitive to short-term fluctuations. Ultra Data : This Boolean input aggregates volume across multiple exchanges for a more comprehensive view of market activity. Market Ultra Data : Select between Forex, Crypto, and Stock to ensure the indicator pulls accurate volume data for your market. 🟣 Logical Settings Moving Average CVD Period : Defines the period for the moving average of the CVD. A longer period smooths the trend, reducing noise. Moving Average Volume Period : Sets the period for the moving average used to distinguish between high and low volume conditions. Level Finder Bar Back : Determines how many bars to look back when identifying the highest or lowest price for trailing stop placement. Levels update per candles : Sets how often (in bars) the trailing stop should be updated to remain in sync with market movements. ATR On : Toggles the use of ATR to adjust the trailing stop based on volatility. ATR Multiplie r: Defines how far the stop is placed from the price based on the ATR. A larger multiplier increases the stop distance, reducing the likelihood of getting stopped out during market fluctuations. ATR Multiplier Adjusts the distance of the trailing stop based on the ATR. A higher multiplier places the stop further from the price, providing more breathing room in volatile markets. 🔵 Conclusion The Trailing Stop Loss Smart indicator is a comprehensive tool for traders looking to manage risk while identifying market trends. By incorporating Cumulative Volume Delta (CVD) to detect buying and selling pressure, volume dynamics to gauge market activity, and ATR to adjust for volatility, this indicator ensures that stop-loss levels are both adaptive and protective. Whether you’re trading in Forex, Crypto, or Stock markets, the Trailing Stop Loss Smart allows you to capitalize on trends while dynamically adjusting to changing market conditions. Its ability to distinguish between high-volume and low-volume periods ensures that you’re not stopped out prematurely during periods of consolidation or market hesitation. By providing real-time visual feedback, dynamic adjustments, and trend identification, this indicator serves as a vital tool for traders aiming to maximize profits while minimizing risk. Its versatility and adaptability make it an essential part of any trader’s toolkit, helping you stay ahead in fast-moving markets while safeguarding your positions.
Chỉ báo Pine Script®
của TFlab
6
Precise ATR Stop Loss - Daily Pullbacks [ST]Precise ATR Stop Loss - Daily Pullbacks This indicator uses ATR (Average True Range) combined with the identification of pullback lows and highs on daily charts to calculate more precise stop loss levels. How it works: Identification of Pullbacks: Pullback Lows: Identifies significant low points on daily charts that can serve as support. Pullback Highs: Identifies significant high points on daily charts that can serve as resistance. ATR (Average True Range): Measures market volatility and is used to adjust stop loss levels according to market conditions. Dynamic Stop Loss: Stop Loss for Uptrend: When a pullback low is identified on a daily chart, the stop loss is set slightly below this point, adjusted by the ATR. This level is shown by a green line on the chart. Stop Loss for Downtrend: When a pullback high is identified on a daily chart, the stop loss is set slightly above this point, adjusted by the ATR. This level is shown by a red line on the chart. Indicator Benefits: Improved Precision: Uses significant pullback points on daily charts to set stops more accurately. Dynamic Stop Loss: Automatically adjusts stop loss levels according to market volatility, providing more effective risk management. Título: Precise ATR Stop Loss - Daily Pullbacks Descrição em Português: Este indicador utiliza o ATR (Average True Range) combinado com a identificação de fundos e topos de pullback em gráficos diários para calcular níveis de stop loss mais precisos. Como funciona: Identificação de Pullbacks: Fundos de Pullback: Identifica pontos de mínima significativos em gráficos diários que podem servir como suporte. Topos de Pullback: Identifica pontos de máxima significativos em gráficos diários que podem servir como resistência. ATR (Average True Range): Mede a volatilidade do mercado e é utilizado para ajustar os níveis de stop loss de acordo com as condições do mercado. Stop Loss Dinâmico: Stop Loss para Tendência de Alta: Quando um fundo de pullback é identificado em um gráfico diário, o stop loss é colocado um pouco abaixo desse ponto, ajustado pelo ATR. Este nível é mostrado por uma linha verde no gráfico. Stop Loss para Tendência de Baixa: Quando um topo de pullback é identificado em um gráfico diário, o stop loss é colocado um pouco acima desse ponto, ajustado pelo ATR. Este nível é mostrado por uma linha vermelha no gráfico. Benefícios do Indicador: Precisão Melhorada: Utiliza pontos de pullback significativos em gráficos diários para posicionar stops de forma mais precisa. Stop Loss Dinâmico: Ajusta automaticamente os níveis de stop loss de acordo com a volatilidade do mercado, proporcionando uma gestão de risco mais eficaz.
Chỉ báo Pine Script®
của ArionSoteTrader