This indicator can be used to visualize when price is above or below special exponential moving averages (8, 21, 50 and 200) that are also displayed on the chart. A green or red background is plotted then, that can be followed as a trend. You can define the amount of risk (e.g. in $) and the number of previous bars that will be used to calculate the stop loss. For...
Note: This description is copied from the script comments. Please refer to the comments and release notes for updated information, as I am unable to edit and update this description. ---------- USAGE This script gives signals based on a volatility forecast, e.g. for a stop loss. It is a simplified version of my other script "trend_vol_forecast", which...
The description below is copied from the script's comments. Because TradingView does not allow me to edit this description, please refer to the script's comments section, as well as the release notes, for the most up-to-date information. ---------- Usage: The inputs define the trend and the volatility stop. Trend: The trend is defined by a moving...
Note: The following description is copied from the script's comments. Since TradingView does not allow me to edit this description, please refer to the comments and release notes for the most up-to-date information. ----------- USAGE This script compares trend trading with a volatility stop to "buy and hold". Trades are taken with the trend, except when price...
Description: Indicator that identifies entry and exit operations, using 3 moving averages and 5 strategies. New strategies are implemented such as the prediction of closing operations, independent of the events that justify entry operations. How does it work: 1) Long strategy: if SMA5 crosses up to SMA200 and SMA200 is bullish , a buy operation begins, if SMA5...
this indicator has been designed to make your calculations easier and faster. you can use this indicator to set tp and sl prices based on your entry price, balance,risk and leverage. it has been designed only for cryptocurrency market and it is not recommended to use it in other markets! 1- enter your balance in the setting of the indicator. 2- enter risk...
This Indicator uses Average True Range (ATR) to determine a safe place to put stop losses to avoid being stop hunted or stopped out of a trade due to a tight stop loss. Default multiplier setting is 1.5. For a more conservative stop loss use 2 and for a tighter stop loss use 1. ATR and stop loss prices are displayed in table at bottom of screen. Use high(red) for...
Tolueno Strategy is a help tool for the average trader of tradingview. This tool facilitates the interpretation of entries either long or short. The use of magic trend has been implemented, in addition to different types of ema and fully configurable signals. Soon the use of more sophisticated support and resist will be added to be used for inputs and outputs....
Volume can be a very useful tool if used correctly. Relative volume is designed to filter out the noise and highlight anomalies assisting traders in tracking institutional movements. This tool can be used to identify stop loss hunters and organized dumps. It uses a variety of moving averages to hide usual activity and features an LSMA line to show trend. Trend...
The "Yesillim" indicator is a trend follower and trailing stop indicator that reacts quickly and aims to enter early in an uptrend and exit early from a downtrend. Since moving averages are used, it can be used in daytrade and scalping in daily or lower periods. The crossover and crossdown intersections of the price and the indicator line may be meaningful, but it...
This is my first script I have published so bear with me. I have thrown this together so you can easily see on the chart where -0.5%, -1% and -2% would be from the last candle close. I also replicated these to show positive values in case you are shorting. I have also added a custom value setting so you can set the line at whatever percentage value you like and...
Script to use for position sizing based on portfolio size, max position, and max loss inputs. The option to use custom entry and stop are available, but default to last price for entry, and Low of Day (LoD) for stop. The ATR % is a measure of the low of day to current price as a percentage move. Credit to LonesomeTheBlue for the base code on position sizing and...
This is my first script, completely made from scratch. Bear with me. Script that allows one to set an alert for Multiple Price Levels, on Multiple Tickers, complete with Dynamic Messages showing you which ticker, at which price, at which alert (Stop loss, Target 1 etc.), set to Once Per Bar. Select Ticker, type in price levels that you have for targets & stop...
Useful in case you use Average True Range to determine Shows Stop Loss and Take Profit price levels. For example, if you want to put Stop Loss with a distance of 1.5xATR and Take Profit 2xATR for a long trade, put 1.5 as Lower Factor and 2 as Upper Factor. Lower and Upper prices will show price levels for SL and TP respectively.
Backtest your study like a strategy with our Study Backtester. Visualize your script's performance directly on the chart. Simple to use, copy-paste a few lines of code (shown below) into your script, then set your script as input to the Study Backtester. Visualize how your script performs against buy-and-hold over time, and get a nice print out of stats. ...
This indicator calculates Stop-loss and Take-profit limits and plots them on the chart based on the daily ATR value for a given instrument. The Stop-loss is calculated at the current close price minus 1x ATR and is plotted as a red line by default. The Take-profit is calculated at the current close price plus 1.5x ATR and is plotted as a green line by...
// Based on Normalized Smoothed MACD by Dreadblitz Old one was just an oscillator, I changed a few things 1) It now paints the line green/orange 2) The trigger (green/red) is now based on a signal 3) The signal is basically isUp, but with some additional controls, e.g. 4) (new) There is an embedded stoploss. This is a growth/decay function that decays...
This script is an enhancement of ATR Indicator. It is used to determine the stop loss position by using the ATR indicator, in conjunction with the low of the candle. Formula = Stop Loss = Lowest(Lowest Length) - (ATR Multiplier * ATR (Smoothing, Length)) However, the user needs to manually identify the swing low for a better stop loss placement. Parameter...