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Trailing

ATR Trailing Stop + Alert (Long Mode)ATR Trailing Stop (Long Mode) is a volatility-adaptive exit tool designed to protect profits while allowing strong trends to develop. By combining the Average True Range (ATR) with a highest-value trailing mechanism, the stop dynamically adjusts to market conditions and only moves upward during active long trades. This structure helps reduce emotional decision-making and enforces disciplined risk management. As volatility expands, the stop automatically widens to avoid premature exits. As price continues trending higher, the stop locks in gains by trailing behind price action in a systematic way. Key advantages: Volatility-based dynamic stop distance Non-decreasing trailing logic (long-only mode) Clear visual stop levels and break signals Built-in alert for stop hits Ideal for trend followers, swing traders, and systematic traders who want a structured and reliable method for managing long positions without second-guessing exits.
Chỉ báo Pine Script®
của tk56301
Dynamic Extreme Channels & Reversals [LuxAlgo]The Dynamic Extreme Channels & Reversals indicator provides an adaptive framework for identifying price extremes and trend shifts through self-adjusting boundaries. Unlike static channels, this tool dynamically resets its levels based on price activity, offering a responsive environment for trend following and mean-reversion analysis. 🔶 USAGE The indicator functions by tracking the highest highs and lowest lows over a specific window. When the price fails to make a new extreme within the defined period, the boundaries contract toward the current price action. This behavior creates a "breathing" channel that adapts to market volatility and consolidation phases. Users can toggle between two primary viewing modes: Channel Mode: Displays the upper, lower, and midline boundaries. This is ideal for identifying overextended price levels and potential mean-reversion targets. Trailing Stop Mode: Simplifies the visual output into a single step-line that tracks the lower boundary during uptrends and the upper boundary during downtrends, serving as a dynamic exit or trend-following level. 🔹 Reversal Signals The script includes built-in reversal signals designed to catch "blow-off" tops or "panic" bottoms where price briefly exceeds a boundary but immediately loses momentum. Bullish Signal (▲): Occurs when the price hits a new lower extreme (LL) but the current candle manages to peak back above the channel midline. Bearish Signal (▼): Occurs when the price hits a new higher extreme (HH) but the current candle manages to drop below the channel midline. The sensitivity and frequency of these signals are directly influenced by the Lookback Period and Reset Alpha % : Lookback Period: A shorter lookback causes the channel boundaries to "reset" more frequently. This results in tighter channels and more frequent reversal signals, as the midline becomes easier to cross. A longer lookback creates wider, more stable channels, resulting in fewer, high-conviction signals. Reset Alpha %: This determines how aggressively the levels move toward the price after the lookback period expires. A high Alpha (e.g., 100%) creates sharp adjustments, which can lead to rapid signal generation during choppy markets. A lower Alpha creates smoother transitions, filtering out noise in the reversal logic. 🔶 DETAILS The core logic avoids standard rolling maximum/minimum functions to provide a more "sticky" boundary. Instead of the channel edge constantly moving with every bar, it remains fixed until a new extreme is reached or the "timer" (Lookback Period) runs out. When the timer runs out, the level interpolates toward the price based on the Reset Alpha. This simulates a decaying memory of past price extremes, ensuring the indicator remains relevant even after long periods of sideways movement. 🔶 SETTINGS 🔹 Core Settings Lookback Period: The number of bars the indicator waits before adjusting an extreme level if no new high/low is found. Reset Alpha %: Controls the intensity of the level adjustment. 100% resets the level entirely to the current price, while 0% keeps it static. Trailing Stop Mode: Switches the display from a three-line channel to a single trend-following stop line. 🔹 Visuals Show Reversal Signals: Toggles the visibility of the triangle reversal labels. Upper Color: Customizes the color and transparency of the upper boundary. Midline Color: Customizes the color and transparency of the center line. Lower Color: Customizes the color and transparency of the lower boundary. 🔹 Dashboard Dashboard: Toggles the on-screen information panel. Position: Controls the location of the dashboard on the chart. Size: Controls the scale of the dashboard text and cells.
Chỉ báo Pine Script®
của LuxAlgo
3
ATR/Structure Trail Stop Loss This indicator is a high-performance trend-following tool designed to help traders stay in winning positions for maximum "R" gains. It solves the common problem of getting stopped out too early by combining Volatility (ATR) with Market Structure (Price Action Swings). How it Works The script calculates two different stop-loss levels and automatically chooses the most "conservative" one to protect your capital: ATR Stop: Measures the current market volatility. If the market gets wild, the stop widens. If the market gets calm, the stop tightens. Structure Stop: Looks at the lowest lows (for Longs) or highest highs (for Shorts) of the last few candles. This ensures you don't stay in a trade if the actual price trend breaks. Key Features Hybrid Logic: The stop strictly follows Closing Prices to prevent "wick-outs" from temporary spikes. Trend Dashboard: A real-time table tracks ADX (Trend Power). "RUN IT": High momentum; keep trailing for 12R–30R targets. "TIGHTEN": Momentum is dying; consider locking in profits. Visual Diamonds: Uses a Step-Line style with diamonds to show exactly when your stop-loss "locks in" a new level. How to Use It (Step-by-Step) Entry: Enter your trade based on your standard breakout strategy. Initial Risk: Use the Initial Stop (5 points) until the price moves in your favor. The Trail: Once the trend establishes, follow the Light White Diamonds. Scaling: Use the ATR Multiplier input to adjust the "breathing room." Lower Multiplier (e.g., 1.5): Tighter trail, good for scalp targets. Higher Multiplier (e.g., 2.5+): Wider trail, best for catching 30R monster moves. Exit: Close the position immediately when a candle closes on the opposite side of the diamonds.
Chỉ báo Pine Script®
của khaieconomic
EDUVEST UTBOT ADJ - Adaptive ATR Trailing StopEDUVEST UTBOT ADJ - Adaptive ATR Trailing Stop with Session-Based Sensitivity ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ █ ORIGINALITY This indicator is an enhanced version of the classic UT Bot concept, featuring automatic session-based ATR sensitivity adjustment. Unlike the original UT Bot which uses a fixed sensitivity value, this version dynamically adapts to different trading sessions (Tokyo, London, New York) and automatically detects asset characteristics to optimize signal generation. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ █ WHAT IT DOES - Generates BUY and SELL signals based on ATR trailing stop crossovers with a moving average - Automatically adjusts sensitivity based on current trading session (Tokyo/London/NY) - Auto-detects asset type and applies optimized parameters for each instrument - Displays real-time session information and volatility status - Provides alert functionality with customizable cooldown periods ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ █ HOW IT WORKS 【Core Logic: ATR Trailing Stop】 The indicator calculates an ATR-based trailing stop using the formula: Trailing Stop = Price ± (Sensitivity × ATR) When price is above the trailing stop and rising, the stop trails below price. When price is below the trailing stop and falling, the stop trails above price. 【Signal Generation】 - BUY Signal: Price crosses above the trailing stop AND Moving Average crosses above the trailing stop - SELL Signal: Price crosses below the trailing stop AND Moving Average crosses below the trailing stop 【Session-Based Sensitivity Adjustment】 The indicator adjusts ATR sensitivity based on trading session (JST timezone): - Tokyo (08:00-15:00): Lower sensitivity (reduced by adjustment value) - typically quieter markets - London (15:00-23:00): Base sensitivity - moderate volatility - New York (23:00-08:00): Higher sensitivity (increased by adjustment value) - higher volatility 【Dynamic ATR Adjustment】 When enabled, the indicator compares current ATR to its smoothed average: - ATR Ratio = Current ATR / SMA(ATR, smoothing period) - Volatility Multiplier = 1.0 + (Sensitivity × (2.0 - ATR Ratio)) This reduces sensitivity during high volatility (fewer false signals) and increases sensitivity during low volatility (faster response). 【Auto Asset Detection】 The indicator automatically detects the traded instrument and applies optimized parameters: - Stable pairs (USDJPY, EURUSD, USDCHF): Base sensitivity 1.5-1.8 - Moderate pairs (AUDUSD, USDCAD, EURJPY): Base sensitivity 2.0-2.3 - Volatile pairs (GBPUSD): Base sensitivity 2.8 - Commodities (GOLD/XAUUSD): Base sensitivity 3.5 - Indices (NASDAQ/NAS100): Base sensitivity 4.0 ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ █ HOW TO USE 【Recommended Settings】 - Timeframe: 15 minutes or higher (15M, 1H, 4H recommended) - Best performance on: Forex majors, Gold, NASDAQ - Enable "Auto Asset Detection" for optimized parameters 【Entry Rules】 - BUY: Enter long when green BUY label appears - SELL: Enter short when pink SELL label appears 【Session Panel】 The top-right panel displays: - Current trading session (Tokyo/London/NY) - Volatility status (High Chance/Medium Chance/Caution) - Mode (AUTO/MANUAL) 【Alert Setup】 1. Enable "Viewer Alert Display" in settings 2. Set cooldown period (default: 15 minutes) to avoid signal spam 3. Create alert with "Any alert() function call" condition 【Important Notes】 - This indicator does not repaint - signals are confirmed at bar close - Lower timeframes (1M, 5M) may generate excessive signals - Always use proper risk management and confirm with other analysis ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ █ SETTINGS OVERVIEW 🎯 Alert Settings - Viewer Alert Display: Enable/disable alert labels - Cooldown Function: Prevent rapid consecutive signals - Cooldown Time: Minutes between alerts (5-60) 🔧 Dynamic ATR Settings - Enable Dynamic ATR: Auto-adjust based on volatility - ATR Period: Calculation period (default: 14) - ATR Smoothing: Smoothing period for ratio calculation - Volatility Sensitivity: How much to adjust (0.1-1.0) 🕐 Session ATR Adjustment - Enable Time Adjustment: Session-based sensitivity - Show Session Info: Display session panel 📊 Asset Settings - Auto Asset Detection: Automatically optimize for instrument - Manual settings available when auto-detection is disabled ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ █ CREDITS Based on the original UT Bot concept by QuantNomad. Enhanced with session-based adaptation and auto-asset detection by EduVest. License: Mozilla Public License 2.0
Chỉ báo Pine Script®
của EduVest_doro
MDZ Strategy v4.2 - Multi-factor trend strategyWhat This Strategy Does MDZ (Momentum Divergence Zones) v4.2 is a trend-following strategy that enters long positions when multiple momentum and trend indicators align. It's designed for swing trading on higher timeframes (2H-4H) and uses ATR-based position management. The strategy waits for strong trend confirmation before entry, requiring agreement across five different filters. This reduces trade frequency but aims to improve signal quality. Entry Logic A long entry triggers when ALL of the following conditions are true: 1. EMA Stack (Trend Structure) Price > EMA 20 > EMA 50 > EMA 200 This "stacked" alignment indicates a strong established uptrend 2. RSI Filter (Momentum Window) RSI between 45-75 (default) Confirms momentum without entering overbought territory 3. ADX Filter (Trend Strength) ADX > 20 (default) Ensures the trend has sufficient strength, not a ranging market 4. MACD Confirmation MACD line above signal line Histogram increasing (momentum accelerating) 5. Directional Movement +DI > -DI Confirms bullish directional pressure Exit Logic Positions are managed with ATR-based levels: ParameterDefaultDescriptionStop Loss2.5 × ATRBelow entry priceTake Profit6.0 × ATRAbove entry priceTrailing Stop2.0 × ATROptional, activates after entry The default configuration produces a 1:2.4 risk-reward ratio. Presets The strategy includes optimized presets based on historical testing: PresetTimeframeNotes1H Standard1 HourMore frequent signals2H Low DD2 HourConservative settings3H Optimized3 HourBalanced approach4H Swing4 HourWider stops for swing tradesCustomAnyFull manual control Select "Custom" to adjust all parameters manually. Inputs Explained EMAs Fast EMA (20): Short-term trend Slow EMA (50): Medium-term trend Trend EMA (200): Long-term trend filter RSI Length: Lookback period (default 14) Min/Max: Entry window to avoid extremes ADX Min ADX: Minimum trend strength threshold Risk Stop Loss ATR: Multiplier for stop distance Take Profit ATR: Multiplier for target distance Trail ATR: Trailing stop distance (if enabled) Session (Optional) Filter entries by time of day Recommended OFF for 3H+ timeframes What's Displayed Info Panel (Top Right) Current preset Trend status (Strong/Wait) ADX, RSI, MACD readings Position status Risk-reward ratio Stats Panel (Top Left) Net P&L % Total trades Win rate Profit factor Maximum drawdown Chart EMA lines (20 blue, 50 orange, 200 purple) Green background during strong uptrend Triangle markers on entry signals Important Notes ⚠️ This is a long-only strategy. It does not take short positions. ⚠️ Historical results do not guarantee future performance. Backtests show what would have happened in the past under specific conditions. Markets change, and any strategy can experience drawdowns or extended losing periods. ⚠️ Risk management is your responsibility. The default settings risk 100% of equity per trade for backtesting purposes. In live trading, appropriate position sizing based on your risk tolerance is essential. ⚠️ Slippage and commissions matter. The backtest includes 0.02% commission and 1 tick slippage, but actual execution costs vary by broker and market conditions. Best Practices Test on your specific market — Results vary significantly across different instruments Use appropriate position sizing — Never risk more than you can afford to lose Combine with your own analysis — No indicator replaces understanding market context Paper trade first — Validate the strategy matches your trading style before risking capital Alerts Two alerts are available: MDZ Long Entry: Fires when all entry conditions are met Uptrend Started: Fires when EMA stack first aligns bullish Methodology This strategy is based on the principle that trend continuation has better odds than reversal when multiple timeframe momentum indicators agree. By requiring five independent confirmations, it filters out weak setups at the cost of fewer total signals. The ATR-based exits adapt to current volatility rather than using fixed pip/point targets, which helps the strategy adjust to different market conditions. Questions? Leave a comment below.
Chiến lược Pine Script®
của VolForge
ATR Trailing + Alerts + Price LabelsATR Trend is a clean and intelligent trend-following overlay built for traders who want clarity during both trending and ranging markets. This indicator dynamically detects bullish and bearish market trends using the Average True Range (ATR), applying a confirmation-based approach to filter out false signals and minor pullbacks. The trend line is: Blue 🔵 during uptrends. Black ⚫ during downtrends. Continuous, recalculating only when the market truly shifts — not just when price temporarily crosses the line. When a confirmed trend reversal occurs: A 🔼 or 🔽 label shows the exact price of the flip. An alert can be triggered to notify the user immediately. 💡 Features: ✅ Single-line trend direction ✅ Filters out short-term noise ✅ Exact price labeling on trend change ✅ Built-in alerts for up/down trend shifts ⚙️ Inputs: ATR Period – Length of ATR calculation (default: 14) ATR Multiplier – Offset for trend line placement (default: 2.0) Flip Sensitivity – Number of bars required to confirm a trend reversal (default: 3) This tool is suitable for: Swing traders avoid false breakouts Scalpers looking for high-probability trend entries Algorithmic setups requiring structured trend logic
Chỉ báo Pine Script®
của vineeth059
Pivot Market StructureDescription and Features This script is designed to enhance technical analysis by identifying key market structure levels. It uses a price action trail (based on the last highest/lowest price) and pivot points to track market trends, offering insights into potential reversal zones or trend continuation signals. How the Script Works High/Low Trail Logic: The script includes a trail mechanism that compares the current price with the last highest and lowest price, determining whether the price has breached these levels. This helps pinpoint key price action events and potential trend shifts. Unlike pivot points the price action trail is more responsive changes within the market structure. Step Size and Length for High/Low Trail: - The Step Length parameter defines how many bars are used to compare the current price against the last highest/lowest price, providing a measure of price extremes. - The Length parameter determines the number of bars considered for calculating the highest/lowest price since the last price action event (either price surpassing a previous high or dipping below a previous low). Pivot Point Calculation: Pivot Point Highs are calculated by the number of bars with lower highs on either side of a Pivot Point High calculation. Similarly, Pivot Point Lows are calculated by the number of bars with higher lows on either side of a Pivot Point Low calculation. The script draws a line from/to every calculated pivot point to highlight market structure extremes. It can optionally extend these pivot lines to the left for added context, providing historical reference for decision-making. Summary By combining both pivot analysis and price action trailing techniques, the script provides a comprehensive view of a pivot point based market structure.
Chỉ báo Pine Script®
của Daniel_Ge
6
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
Trailing Stop ProTrailing Stop Pro is a sophisticated TradingView indicator designed to enhance your trading strategy by dynamically managing trailing stops based on market volatility. This tool leverages the Average True Range (ATR) to adjust stop levels, providing traders with a robust mechanism to protect profits and minimize losses. Key Features: Dynamic Trailing Stops: Automatically adjusts stop levels using ATR, allowing for responsive and adaptive risk management. Customizable Inputs: Tailor the indicator to your trading style with adjustable parameters such as ATR Length, ATR Multiplier, and Source Vector. Visual Clarity: Distinct color settings for long and short stops, with adjustable line thickness and transparency, ensuring clear visualization on your charts. Professional Grade: The "Pro" designation signifies advanced features suitable for both novice and experienced traders seeking reliable and efficient stop management. How It Works: To set up the indicator, begin by defining the Chrono Point, which specifies the exact time you want the trailing stop mechanism to activate. This allows for precise control over when your stops begin to trail. Next, set the Credit Unit as the initial entry price for your trade, serving as the baseline from which the trailing stops will adjust. The indicator uses ATR-based adjustments to determine stop levels. Customize the sensitivity of the trailing stop by adjusting the ATR Length (default is 14) and ATR Multiplier (default is 0.5). A longer ATR length smooths out volatility, while a higher multiplier increases the distance of the stop from the price. Select your Source Vector from "High/Low," "Close," or "Open" prices as the basis for stop calculation. This flexibility allows you to align the indicator with your preferred trading strategy. The indicator plots trailing stops directly on the chart, with color-coded lines indicating long (teal) and short (red) positions. You can adjust the line thickness and transparency for optimal visibility. The Mission Status feature automatically detects whether the trade is long or short and adjusts the trailing stop accordingly. If the price hits the trailing stop, the trade is considered exited, and the indicator calculates the profit or loss percentage. Benefits: Risk Management: Protect your trades from adverse market movements while locking in profits as prices move favorably. Automation: Reduce manual intervention with automatic stop adjustments, allowing you to focus on strategic decision-making. User-Friendly Interface: Intuitive settings and clear visual cues make it easy to integrate into your existing trading workflow. Conclusion: Trailing Stop Pro is an essential tool for traders looking to enhance their risk management strategies with precision and ease. By automating the trailing stop process and providing clear visual feedback, this indicator empowers you to navigate the markets with confidence. Whether you're a seasoned trader or just starting, Trailing Stop Pro offers the functionality and flexibility needed to optimize your trading performance. The Trailing Stop Pro indicator is a tool designed to assist traders in managing risk and optimizing their trading strategies. However, it should not be considered as financial advice or a guarantee of profitability. Trading involves significant risk, and it is possible to lose more than your initial investment. Users are encouraged to thoroughly test the indicator in a demo environment and consider their own financial situation and risk tolerance before using it in live trading. Past performance is not indicative of future results, and users should seek advice from a qualified financial advisor if needed.
Chỉ báo Pine Script®
của Julien_Exe
3
Fibonacci-Only StrategyFibonacci-Only Strategy This script is a custom trading strategy designed for traders who leverage Fibonacci retracement levels to identify potential trade entries and exits. The strategy is versatile, allowing users to trade across multiple timeframes, with built-in options for dynamic stop loss, trailing stops, and take profit levels. Key Features: Custom Fibonacci Levels: This strategy calculates three specific Fibonacci retracement levels: 19%, 82.56%, and the reverse 19% level. These levels are used to identify potential areas of support and resistance where price reversals or breaks might occur. The Fibonacci levels are calculated based on the highest and lowest prices within a 100-bar period, making them dynamic and responsive to recent market conditions. Dynamic Entry Conditions: Touch Entry: The script enters long or short positions when the price touches specific Fibonacci levels and confirms the move with a bullish (for long) or bearish (for short) candle. Break Entry (Optional): If the "Use Break Strategy" option is enabled, the script can also enter positions when the price breaks through Fibonacci levels, providing more aggressive entry opportunities. Stop Loss Management: The script offers flexible stop loss settings. Users can choose between a fixed percentage stop loss or an ATR-based stop loss, which adjusts based on market volatility. The ATR (Average True Range) stop loss is multiplied by a user-defined factor, allowing for tailored risk management based on market conditions. Trailing Stop Mechanism: The script includes an optional trailing stop feature, which adjusts the stop loss level as the market moves in favor of the trade. This helps lock in profits while allowing the trade to run if the trend continues. The trailing stop is calculated as a percentage of the difference between the entry price and the current market price. Multiple Take Profit Levels: The strategy calculates seven take profit levels, each at incremental percentages above (for long trades) or below (for short trades) the entry price. This allows for gradual profit-taking as the market moves in the trade's favor. Each take profit level can be customized in terms of the percentage of the position to be closed, providing precise control over exit strategies. Strategy Backtesting and Results: Realistic Backtesting: The script has been backtested with realistic account sizes, commission rates, and slippage settings to ensure that the results are applicable to actual trading scenarios. The backtesting covers various timeframes and markets to ensure the strategy's robustness across different trading environments. Default Settings: The script is published with default settings that have been optimized for general use. These settings include a 15-minute timeframe, a 1.0% stop loss, a 2.0 ATR multiplier for stop loss, and a 1.5% trailing stop. Users can adjust these settings to better fit their specific trading style or the market they are trading. How It Works: Long Entry Conditions: The strategy enters a long position when the price touches the 19% Fibonacci level (from high to low) or the reverse 19% level (from low to high) and confirms the move with a bullish candle. If the "Use Break Strategy" option is enabled, the script will also enter a long position when the price breaks below the 19% Fibonacci level and then moves back up, confirming the break with a bullish candle. Short Entry Conditions: The strategy enters a short position when the price touches the 82.56% Fibonacci level and confirms the move with a bearish candle. If the "Use Break Strategy" option is enabled, the script will also enter a short position when the price breaks above the 82.56% Fibonacci level and then moves back down, confirming the break with a bearish candle. Stop Loss and Take Profit Logic: The stop loss for each trade is calculated based on the selected method (fixed percentage or ATR-based). The strategy then manages the trade by either trailing the stop or taking profit at predefined levels. The take profit levels are set at increments of 0.5% above or below the entry price, depending on whether the position is long or short. The script gradually exits the trade as these levels are hit, securing profits while minimizing risk. Usage: For Fibonacci Traders: This script is ideal for traders who rely on Fibonacci retracement levels to find potential trade entries and exits. The script automates the process, allowing traders to focus on market analysis and decision-making. For Trend and Swing Traders: The strategy's flexibility in handling both touch and break entries makes it suitable for trend-following and swing trading strategies. The multiple take profit levels allow traders to capture profits in trending markets while managing risk. Important Notes: Originality: This script uniquely combines Fibonacci retracement levels with dynamic stop loss management and multiple take profit levels. It is not just a combination of existing indicators but a thoughtful integration designed to enhance trading performance. Disclaimer: Trading involves risk, and it is crucial to test this script in a demo account or through backtesting before applying it to live trading. Users should ensure that the settings align with their individual risk tolerance and trading strategy.
Chiến lược Pine Script®
của Kinji213
3
Custom ATR Trailing StopThis Script creates a custom ATR (Average True Range) trailing stop. It allows traders to set up automated stop-loss levels based on the ATR, which adjusts dynamically to market volatility. The script is designed to support both long and short trades, offering flexibility and precision in trade management. When loading the indicator to your chart, simply click to set the trade begining time, confirm various settings and you are set. Check tooltips for more details in the input settigns menu. User Inputs Trade Setup: Allows users to set the trade direction (Long or Short), the signal source for entries, and the specific bar time for the trade setup. ATR Settings: Configurable ATR lookback period, ATR smoothing period, initial ATR multiplier for setting the stop-loss, breakeven ATR multiplier, and a manual breakeven level. ATR Calculations Computes the ATR and its moving average. Determines initial and breakeven stop levels based on the ATR. Signal Validation Validates long or short trade signals based on the specified bar time and trade direction. Triggers alerts when a valid trade signal is detected. Trailing Stop Logic For long trades, adjusts the stop-loss level dynamically based on the ATR. For short trades, performs similar adjustments in the opposite direction. Updates the trailing stop level to ensure it follows the price, moving closer as the price moves favorably. Resets the trade state when the stop-loss is hit, triggering an alert. Plotting Plots the trailing stop levels on the chart. Uses green for stop levels indicating profit and red for stop levels indicating a loss.
Chỉ báo Pine Script®
của LucasVivien
SLOPED Trailing SL with ATR-V1SLOPED Trailing SL with ATR I thought capital is sometime locked for long periods s when volatility is low, hence: SLOPED Trailing SL with ATR This indicator provides a trailing stop loss that dynamically adjusts based on the Average True Range (ATR) and incorporates a user-defined upward slope on flat areas. It is designed to follow the price movement more closely during trends while allowing for a customizable slope to maintain a trailing stop even when the price movement is flat. Key Features: ATR-Based Stop Loss: Utilizes the ATR to calculate a dynamic stop loss level, adjusting to market volatility. Provides a normal ATR stop loss line that only trails upwards, preventing it from decreasing. Upward Slope on Flat Areas: Adds a user-defined upward slope to the trailing stop loss when the price movement is flat. The slope value is specified in 1/1000 increments (e.g., 0.1% per bar), allowing for fine-tuned control.
Chỉ báo Pine Script®
của cryptosurfer31
Trailing Take Profit - Close Based📝 Description This script demonstrates a new approach to the trailing take profit. Trailing Take Profit is a price-following technique. When used, instead of setting a limit order for the take profit target exiting from your position at the specified price, a stop order is conditionally set when the take profit target is reached. Then, the stop price (a.k.a trailing price), is placed below the take profit target at a distance defined by the user percentagewise. On regular time intervals, the stop price gets updated by following the "Trail Barrier" price (high by default) upwards. When the current price hits the stop price you exit the trade. Check the chart for more details. This script demonstrates how to implement the close-based Trailing Take Profit logic for long positions, but it can also be applied for short positions if the logic is "reversed". 📢 NOTE To generate some entries and showcase the "Trailing Take Profit" technique, this script uses the crossing of two moving averages. Please keep in mind that you should not relate the Backtesting results you see in the "Strategy Tester" tab with the success of the technique itself. This is not a complete strategy per se, and the backtest results are affected by many parameters that are outside of the scope of this publication. If you choose to use this new approach of the "Trailing Take Profit" in your logic you have to make sure that you are backtesting the whole strategy. ⚔️ Comparison In contrast to my older "Trailing Take Profit" publication where the trailing take profit implementation was tick-based, this new approach is close-based, meaning that the update of the stop price occurs at the bar close instead of every tick. While comparing the real-time results of the two implementations is like comparing apples to oranges, because they have different dynamic behavior, the new approach offers better consistency between the backtesting results and the real-time results. By updating the stop price on every bar close, you do not rely on the backtester assumptions anymore (check the Reasoning section below for more info). The new approach resembles the conditional "Trailing Exit" technique, where the condition is true when the current price crosses over the take profit target. Then, the stop order is placed at the trailing price and it gets updated on every bar close to "follow" the barrier price (high). On the other hand, the older tick-based approach had more "tight" dynamics since the trailing price gets updated on every tick leaving less room for price fluctuations by making it more probable to reach the trailing price. 🤔 Reasoning This new close-based approach addresses several practical issues the older tick-based approach had. Those issues arise mainly from the technicalities of the TV Backtester. More specifically, due to the assumptions the Broker Emulator makes for the price action of the history bars, the backtesting results in the TV Backtester are exaggerated, and depending on the timeframe, the backtesting results look way better than they are in reality. The effect above, and the inability to reason about the performance of a strategy separated people into two groups. Those who never use this feature, because they couldn't know for sure the actual effect it might have in their strategy, (even if it turned out to be more profitable) and those who abused this type of "repainting" behavior to show off, and hijack some boosts from the community by boasting about the "fake" results of their strategies. Even if there are ways to evaluate the effectiveness of the tick-based approach that is applied in an existing strategy (this is out of the topic of this publication), it requires extra effort to do the analysis. Using this closed-based approach we can have more predictable results, without surprises. ⚠️ Caveats Since this approach updates the trailing price on bar close, you must wait for at least one bar to close after the price crosses over the take profit target.
Chiến lược Pine Script®
của jason5480
1
Dynamic Trailing (Zeiierman)█ Overview The Dynamic Trailing (Zeiierman) indicator enhances the traditional SuperTrend approach by providing a more nuanced, adaptable tool for trend analysis and market volatility assessment. It combines techniques to identify dynamic support and resistance levels, trend directions, and market volatility. By integrating the Average True Range (ATR) with a unique multiplier system and smoothing mechanisms, this indicator offers a nuanced approach to trend-following strategies, making it a valuable asset for traders looking to leverage SuperTrend methodologies with additional insights into market dynamics. █ How It Works At its core, this indicator builds on the traditional SuperTrend formula by utilizing a modified ATR calculation to define the deviation for dynamic support and resistance levels. These levels are dynamically adjusted based on market volatility. The innovation lies in the addition of the Hull Moving Average (HMA) and the Triple Exponential Moving Average (TEMA) for an enhanced smoothing effect, making the indicator's trend signals more reliable and less prone to market noise. The trend direction is determined by comparing the closing price with the dynamic levels, facilitating clear bullish or bearish signals. The indicator incorporates a 'Supertrend' function, which uses the dynamic levels and the price’s position relative to them to determine the trend direction. This determination is visualized through color-coded lines and a cloud zone, which expands or contracts based on the ATR and a user-defined width setting, illustrating the market's volatility and trend strength. ATR Calculation: Utilizes the Average True Range (ATR) to measure market volatility. The ATR is a cornerstone of this indicator, helping to dynamically adjust the support and resistance levels according to the market’s changing conditions. Supertrend Calculation: Implements a supertrend formula that combines the ATR with user-defined multipliers to plot potential trend directions. This feature helps in identifying whether the market is in an uptrend or downtrend, offering visual cues for potential reversals. TEMA Calculation: Employs the Triple Exponential Moving Average (TEMA) through a Hull Moving Average (HMA) calculation to smooth out price data. This smoothing process helps in reducing market noise and makes the trend direction clearer. Dynamic Support and Resistance: Calculates dynamic support and resistance levels by applying a deviation (derived from the ATR and user-defined multiplier) to the smoothed price data. These levels adapt to market conditions, providing areas where price might experience support or resistance. Trend and Cloud Calculation: Determines the overall trend direction and plots a 'Cloud' zone around it, which adjusts in width based on the ATR and a user-defined cloud width setting. This cloud acts as a visual buffer, indicating the strength and stability of the current trend. █ How to Use Trend Identification: The primary function of this indicator is to help traders quickly identify the prevailing market trend. A change in the color of the dynamic trailing line or its position relative to the price can signal potential trend reversals. Dynamic Support and Resistance: Unlike static levels, the dynamic levels adjust with market conditions, providing current areas where the price might experience support or resistance. Dynamic Support Dynamic Resistance █ Settings Mult (Multiplier): Adjusts the multiplier for the ATR calculation, affecting the deviation distance for support and resistance levels. Higher values decrease sensitivity and vice versa. Len (Length): Sets the period for the HMA in the TEMA calculation, influencing the indicator's responsiveness to price changes. Smoothness: Determines the smoothness of the dynamic support and resistance lines by setting the SMA length. Higher values result in smoother lines. Cloud Width : Modifies the width of the cloud, providing a visual representation of market volatility. Color Settings (upcol and dncol): Allows users to customize the colors of the indicator's lines and cloud, aiding in visual trend identification. ----------------- Disclaimer The information contained in my Scripts/Indicators/Ideas/Algos/Systems does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. My Scripts/Indicators/Ideas/Algos/Systems are only for educational purposes!
Chỉ báo Pine Script®
của Zeiierman
12
Bitcoin Momentum StrategyThis is a very simple long-only strategy I've used since December 2022 to manage my Bitcoin position. I'm sharing it as an open-source script for other traders to learn from the code and adapt it to their liking if they find the system concept interesting. General Overview Always do your own research and backtesting - this script is not intended to be traded blindly (no script should be) and I've done limited testing on other markets beyond Ethereum and BTC, it's just a template to tweak and play with and make into one's own. The results shown in the strategy tester are from Bitcoin's inception so as to get a large sample size of trades, and potential returns have diminished significantly as BTC has grown to become a mega cap asset, but the script includes a date filter for backtesting and it has still performed solidly in recent years (speaking from personal experience using it myself - DYOR with the date filter). The main advantage of this system in my opinion is in limiting the max drawdown significantly versus buy & hodl. Theoretically much better returns can be made by just holding, but that's also a good way to lose 70%+ of your capital in the inevitable bear markets (also speaking from experience). In saying all of that, the future is fundamentally unknowable and past results in no way guarantee future performance. System Concept: Capture as much Bitcoin upside volatility as possible while side-stepping downside volatility as quickly as possible. The system uses a simple but clever momentum-style trailing stop technique I learned from one of my trading mentors who uses this approach on momentum/trend-following stock market systems. Basically, the system "ratchets" up the stop-loss to be much tighter during high bearish volatility to protect open profits from downside moves, but loosens the stop loss during sustained bullish momentum to let the position ride. It is invested most of the time, unless BTC is trading below its 20-week EMA in which case it stays in cash/USDT to avoid holding through bear markets. It only trades one position (no pyramiding) and does not trade short, but can easily be tweaked to do whatever you like if you know what you're doing in Pine. Default parameters: HTF: Weekly Chart EMA: 20-Period ATR: 5-period Bar Lookback: 7 Entry Rule #1: Bitcoin's current price must be trading above its higher-timeframe EMA (Weekly 20 EMA). Entry Rule #2: Bitcoin must not be in 'caution' condition (no large bearish volatility swings recently). Enter at next bar's open if conditions are met and we are not already involved in a trade. "Caution" Condition: Defined as true if BTC's recent 7-bar swing high minus current bar's low is > 1.5x ATR, or Daily close < Daily 20-EMA. Trailing Stop: Stop is trailed 1 ATR from recent swing high, or 20% of ATR if in caution condition (ie. 0.2 ATR). Exit on next bar open upon a close below stop loss. I typically use a limit order to open & exit trades as close to the open price as possible to reduce slippage, but the strategy script uses market orders. I've never had any issues getting filled on limit orders close to the market price with BTC on the Daily timeframe, but if the exchange has relatively low slippage I've found market orders work fine too without much impact on the results particularly since BTC has consistently remained above $20k and highly liquid. Cost of Trading: The script uses no leverage and a default total round-trip commission of 0.3% which is what I pay on my exchange based on their tier structure, but this can vary widely from exchange to exchange and higher commission fees will have a significantly negative impact on realized gains so make sure to always input the correct theoretical commission cost when backtesting any script. Static slippage is difficult to estimate in the strategy tester given the wide range of prices & liquidity BTC has experienced over the years and it largely depends on position size, I set it to 150 points per buy or sell as BTC is currently very liquid on the exchange I trade and I use limit orders where possible to enter/exit positions as close as possible to the market's open price as it significantly limits my slippage. But again, this can vary a lot from exchange to exchange (for better or worse) and if BTC volatility is high at the time of execution this can have a negative impact on slippage and therefore real performance, so make sure to adjust it according to your exchange's tendencies. Tax considerations should also be made based on short-term trade frequency if crypto profits are treated as a CGT event in your region. Summary: A simple, but effective and fairly robust system that achieves the goals I set for it. From my preliminary testing it appears it may also work on altcoins but it might need a bit of tweaking/loosening with the trailing stop distance as the default parameters are designed to work with Bitcoin which obviously behaves very differently to smaller cap assets. Good luck out there!
Chiến lược Pine Script®
của ZenAndTheArtOfTrading
6
TrailingTakeProfit exampleQuite recently I came upon a concept of Trailing Take Profit and I couldn't find a PineScript which implements it for the fastest possible execution, so here it is :) Everybody knows Trailing StopLoss - an invisible mechanism follows the price and exits the trade once the price retreats too much from its recent most extended favourable value. Trailing TakeProfit does the similar thing, but at the opposite end - the trade gets closed if a price moves too well, in too favourable extent. Why close the trade if it is going so good? Well, whatever goes up, must go down and vice versa. It is expected, that after fast rally a market will soon fall and after a dump it will go up. So Trailing TakeProfit's role is to secure profits. But how does Trailing TakeProfit differ from the standard one? "Trailing" means, the exit level is moving. Its role is to be executed only after a rapid favourable move within 1-2 candles, not more. We never know when a rapid move happens, but when it does, we wanna catch those pips and quickly exit without looking back. Visually Trailing TakeProfit levels are... bands. In this script example these are ATR multiplied bands (aka Keltner Channel), but they could also be Bollinger Bands or something else. The code is simple just to focus on this single functionality, so you can quickly copy-paste it into your script. Entries are triggered by default SMA crosses. P.S. I wouldn't be myself, if I didn't add alert messages compatible with the syntax of recently revamped TradingConnector - both in the code already and in the table showing them.
Chiến lược Pine Script®
của Peter_O
4
Trailing Candle CounterThis script is for users who like to monitor and/or analyze a specified number of candles within the time the last candle closed. Al Brooks fans may enjoy this indicator. While searching for an indicator that already had this functionality I found a script by @Steversteves which counted the candles/percentage within a set period of time. This let me know it could be done. In honor of Steversteves I kept the table the same colors - although, I added code to allow the table to be modified. When opening the script the user will need to set a begin/end time to analyze – don't worry as you can set anything you want and it can be altered after the script is running. This image shows the settings for a user to be able to set a begin time and have the indicator count all the candles from that time through to the current time and update at each candle close. The user can move the beginning time as needed. This is useful if the user is monitoring the length of a trend, wedge, channel, etc.: If the indicator is in view and the beginning time is on the chart the user can select the table to view/select/change the beginning time. This image shows the settings for a user to monitor the last set of candles since the last candle closed. This is useful if the user expects a pullback after a set number of candles or expects some alteration in a trend within a set number of candles. In this case the user setting is to watch five candles: This setting is the reason for my creation of this indicator. This image shows the settings for a user to monitor two sets of candles. In this case an additional set of five candles has been added to the original set of five candles: If one is watching for movements to last a certain number of bars when the first bar of the movement is exiting the background color the user can expect a change in the price momentum. This image shows the same functionality as in Steversteves original script (although, I used almost none of his original code). The user can set a begin time and end time to analyze the number or red/green candles and the percentage of each within that time period. If the indicator is in view and the beginning and end times are on the chart the user can select the table to view/select/change the times. I hope you find this useful and if you have any questions/comments/suggestions for improvement please comment below.
Chỉ báo Pine Script®
của shaneaus
1
Average True Range Trailing Mean [Alifer]Upgrade of the Average True Range default indicator by TradingView. It adds and plots a trailing mean to show periods of increased volatility more clearly. ATR TRAILING MEAN A trailing mean, also known as a moving average, is a statistical calculation used to smooth out data over time and identify trends or patterns in a time series. In our indicator, it clearly shows when the ATR value spikes outside of it's average range, making it easier to identify periods of increased volatility. Here's how the ATR Trailing Mean (atr_mean) is calculated: atr_mean = ta.cum(atr) / (bar_index + 1) * atr_mult The ta.cum() function calculates the cumulative sum of the ATR over all bars up to the current bar. (bar_index + 1) represents the number of bars processed up to the current bar, including the current one. By dividing the cumulative ATR ta.cum(atr) by (bar_index + 1) and then multiplying it by atr_mult (Multiplier), we obtain the ATR Trailing Mean value. If atr_mult is set to 1.0, the ATR Trailing Mean will be equal to the simple average of the ATR values, and it will follow the ATR's general trend. However, if atr_mult is increased, the ATR Trailing Mean will react more strongly to the ATR's recent changes, making it more sensitive to short-term fluctuations. On the other hand, reducing atr_mult will make the ATR Trailing Mean less responsive to recent changes in ATR, making it smoother and less prone to reacting to short-term volatility. In summary, adjusting the atr_mult input allows traders to fine-tune the ATR Trailing Mean's responsiveness based on their preferred level of sensitivity to recent changes in market volatility. IMPLEMENTATION IN A STRATEGY You can easily implement this indicator in an existing strategy, to only enter positions when the ATR is above the ATR Trailing Mean (with Multiplier-adjusted sensitivity). To do so, add the following lines of codes. Under Inputs: length = input.int(title="Length", defval=20, minval=1) atr_mult = input.float(defval=1.0, step = 0.1, title = "Multiplier", tooltip = "Adjust the sensitivity of the ATR Trailing Mean line.") smoothing = input.string(title="Smoothing", defval="RMA", options= ) ma_function(source, length) => switch smoothing "RMA" => ta.rma(source, length) "SMA" => ta.sma(source, length) "EMA" => ta.ema(source, length) => ta.wma(source, length) This will allow you to define the Length of the ATR (lookback length over which the ATR is calculated), the Multiplier to adjust the Trailing Mean's sensitivity and the type of Smoothing to be used for the ATR. Under Calculations: atr= ma_function(ta.tr(true), length) atr_mean = ta.cum(atr) / (bar_index+1) * atr_mult This will calculate the ATR based on Length and Smoothing, and the resulting ATR Trailing Mean. Under Entry Conditions, add the following to your existing conditions: and atr > atr_mean This will make it so that entries are only triggered when the ATR is above the ATR Trailing Mean (adjusted by the Multiplier value you defined earlier). ATR - DEFINITION AND HISTORY The Average True Range (ATR) is a technical indicator used to measure market volatility, regardless of the direction of the price. It was developed by J. Welles Wilder and introduced in his book "New Concepts in Technical Trading Systems" in 1978. ATR provides valuable insights into the degree of price movement or volatility experienced by a financial asset, such as a stock, currency pair, commodity, or cryptocurrency, over a specific period. ATR - CALCULATION AND USAGE The ATR calculation involves three components: 1 — True Range (TR): The True Range is a measure of the asset's price movement for a given period. It takes into account the following factors: The difference between the high and low prices of the current period. The absolute value of the difference between the high price of the current period and the closing price of the previous period. The absolute value of the difference between the low price of the current period and the closing price of the previous period. Mathematically, the True Range (TR) for the current period is calculated as follows: TR = max(high - low, abs(high - previous_close), abs(low - previous_close)) 2 — ATR Calculation: The ATR is calculated as a Moving Average (MA) of the True Range over a specified period. The ATR is calculated as follows: ATR = MA(TR, length) 3 — ATR Interpretation: The ATR value represents the average volatility of the asset over the chosen period. Higher ATR values indicate higher volatility, while lower ATR values suggest lower volatility. Traders and investors can use ATR in various ways: Setting Stop Loss and Take Profit Levels: ATR can help determine appropriate stop-loss and take-profit levels in trading strategies. A larger ATR value might require wider stop-loss levels to allow for the asset's natural price fluctuations, while a smaller ATR value might allow for tighter stop-loss levels. Identifying Market Volatility: A sharp increase in ATR might indicate heightened market uncertainty or the potential for significant price movements. Conversely, a decreasing ATR might suggest a period of low volatility and possible consolidation. Comparing Volatility Between Assets: Since ATR uses absolute values, it shouldn't be used to compare volatility between different assets, as assets with higher prices will consistently have higher ATR values, while assets with lower prices will consistently have lower ATR values. However, the addition of a trailing mean makes such a comparison possible. An asset whose ATR is consistently close to its ATR Trailing Mean will have a lower volatility than an asset whose ATR continuously moves far above and below its ATR Trailing Mean. This can help traders and investors decide which markets to trade based on their risk tolerance and trading strategies. Determining Position Size: ATR can be used to adjust position sizes, taking into account the asset's volatility. Smaller position sizes might be appropriate for more volatile assets to manage risk effectively.
Chỉ báo Pine Script®
của AliferCrypto
1
Pure Morning 2.0 - Candlestick Pattern Doji StrategyThe new "Pure Morning 2.0 - Candlestick Pattern Doji Strategy" is a trend-following, intraday cryptocurrency trading system authored by devil_machine. The system identifies Doji and Morning Doji Star candlestick formations above the EMA60 as entry points for long trades. For best results we recommend to use on 15-minute, 30-minute, or 1-hour timeframes, and are ideal for high-volatility markets. The strategy also utilizes a profit target or trailing stop for exits, with stop loss set at the lowest low of the last 100 candles. The strategy's configuration details, such as Doji tolerance, and exit configurations are adjustable. In this new version 2.0, we've incorporated a new selectable filter. Since the stop loss is set at the lowest low, this filter ensures that this value isn't too far from the entry price, thereby optimizing the Risk-Reward ratio. In the specific case of ALPINE, a 9% Take-Profit and and Stop-Loss at Lowest Low of the last 100 candles were set, with an activated trailing-stop percentage, Max Loss Filter is not active. Name : Pure Morning 2.0 - Candlestick Pattern Doji Strategy Author : @devil_machine Category : Trend Follower based on candlestick patterns. Operating mode : Spot or Futures (only long). Trades duration : Intraday Timeframe : 15m, 30m, 1H Market : Crypto Suggested usage : Short-term trading, when the market is in trend and it is showing high volatility . Entry : When a Doji or Morning Doji Star formation occurs above the EMA60. Exit : Profit target or Trailing stop, Stop loss on the lowest low of the last 100 candles. Configuration : - Doji Settings (tolerances) for Entry Condition - Max Loss Filter (Lowest Low filter) - Exit Long configuration - Trailing stop Backtesting : ⁃ Exchange: BINANCE ⁃ Pair: ALPINEUSDT ⁃ Timeframe: 30m ⁃ Fee: 0.075% ⁃ Slippage: 1 - Initial Capital: 10000 USDT - Position sizing: 10% of Equity - Start: 2022-02-28 (Out Of Sample from 2022-12-23) - Bar magnifier: on Disclaimer : Risk Management is crucial, so adjust stop loss to your comfort level. A tight stop loss can help minimise potential losses. Use at your own risk. How you or we can improve? Source code is open so share your ideas! Leave a comment and smash the boost button! Thanks for your attention, happy to support the TradingView community.
Chiến lược Pine Script®
của TheSocialCryptoClub
6
Limit Order + ATR Stop-Loss [TANHEF]This indicator enables interactive placement of limit or stop-limit orders with a trailing ATR stop-loss and optional profit target (with alerts). Refer to the images below for further clarification. Why use a trailing stop-loss? A trailing stop-loss serves as an exit strategy when price moves against you, while also allowing you to adjust the exit point further into profit when price moves favorably. The ATR (Average True Range), a reliable measure of volatility, acts as an effective risk management tool, functioning as a trailing stop-loss. Indicator Explanation Initial indicator placement: Select Long Limit or Long-Stop Limit order. Change Entry Type: Switch between Long and Short within settings. Modify entry price: Drag circle, adjust in settings, or re-add indicator to chart. Optional Profit Target: Use Risk/Reward ratio or specify price. Entry anticipation: Estimated ATR stop-loss and profit target as blue circles (fluctuates with volatility changes). Entry triggered: Actual ATR stop-loss and profit target plotted. Exit conditions: Stop-loss or profit target hit, exit entry. Update Frequency: Continuously, Bar Open, or Bar Open on entry then continuously. ATR Overlap: no entry occurs if the ATR overlaps with price (stop-loss 'hit' already on entry bar) Table: Displays input settings selected. Show Only On Ticker: Ability to hide indicator on other tickers. Long Limit Long Stop-Limit Short Limit Short Stop-Limit Alerts 1. 'Check' alerts to use within indicator settings (entry, trailing stop hit, profit target hit, and failed entry). 2. Select 'Create Alert' 3. Set the condition to 'Limit Order + ATR Stop-Loss'' 4. Select create. Additional details can be added to the alert message using these words in between Curly (Brace) Brackets: {{trail}} = ATR trailing stop-loss (price) {{target}} = Price target (price) {{type}} = Long or Short stop-loss (word) {{traildistance}} = Trailing Distance (%) {{targetdistance}} = Target Distance (%) {{starttime}} = Start time of position (day:hr:min) {{maxdrawdown}} = max loss {{maxprofit}} = max profit {{update}} = stoploss update frequency {{entrysource}} = entry as 1st bar source (yes/no) {{triggerentry}} = Wick/Close Trigger entry input {{triggerexit}} = Wick/Close Trigger exit input {{triggertarget}} = Wick/Close Trigger target input {{atrlength}} = ATR length input {{atrmultiplier}} = ATR multiplier input {{atrtype}} = ATR type input {{ticker}} = Ticker of chart (word) {{exchange}} = Exchange of chart (word) {{description}} = Description of ticker (words) {{close}} = Bar close (price) {{open}} = Bar open (price) {{high}} = Bar high (price) {{low}} = Bar low (price) {{hl2}} = Bar HL2 (price) {{volume}} = Bar volume (value) {{time}} = Current time (day:hr:min) {{interval}} = Chart timeframe {{newline}} = New line for text
Chỉ báo Pine Script®
của TanHef
26
Donchian Channels [Gu5]█ OVERVIEW I changed the design of the classic indicator "Donchian Channels", for easy reading. █ CONCEPTS Donchian Channels is an indicator made up of upper and lower bands around a mid-band or Basis. The upper band marks the highest price of a security for N periods, while the lower band marks the lowest price of a security for N periods. The area between the upper and lower bands. In this version, when there are new Higher High (HH), the trend is Bullish and the channel is painted green. When there are new Lower Low (LL), the trend is Bearish and the channel is painted Red █ OTHER SECTIONS A plus in this script: When there are no new highs or new lows, there is no certain trend The channel is painted yellow www.tradingview.com  • HOW TO USE Menu "Display"  • '■ Basis On/Off': Shows the midline Basis  • '■ Alert On/Off': Shows alerts labels  • '■ Fill On/Off': Paint the entire channel the color of the trend  • '■ Bar Color On/Off': Paint the candle the color of the trend  • '■ Close Alert On/Off': Shows alerts end of trend  • NOTES: This code was written using the recommendations from the Pine Script™ User Manual's Style Guide  • RAMBLINGS: You can use the "Basis" line as Trailing Stop.  • THANKS: Donchian Channels developed by Richard Donchian and many MANY thanks to @PineCoders
Chỉ báo Pine Script®
của gu5tavo71
8
Bollinger Bands - Breakout StrategyThe Bollinger Bands - Breakout Strategy is a trend-following optimized for short-term trading in the crypto market. This strategy employs the Bollinger Bands, a widely recognized technical indicator, as its primary instrument for pinpointing potential trades. It is capable of executing both long and short positions, depending on whether the market is in a spot or futures, and is particularly effective in trending markets. The strategy boasts a high degree of configurability, allowing users to set the Bollinger Bands period and deviation, trend filter, volatility filter, trade direction filter, rate of change filter, and date filter. Furthermore, it offers options for Take Profit, Stop Loss, and Trailing Stop for both long and short positions, ensuring a comprehensive risk management approach. The inclusion of a maximum intraday loss feature adds another layer of protection, making this strategy a valuable tool for traders seeking a professional and adaptable trading system. Name : Bollinger Bands - Breakout Strategy Category : Trend Follower based on Bollinger Bands Operating mode : Long and Short on Futures or Long on Spot Trade duration : Intraday Timeframe : 2H, 3H, 4H, 5H Market : Crypto Suggested usage : Trending Markets Entry : When the price crosses above or below the Bollinger Bands Exit : Opposite Cross or Profit target, Trailing stop or Stop loss Configuration : - Bollinger Bands period and deviation - Trend Filter - Volatility Filter - Trade direction filter - Rate of Change filter - Date Filter (for backtesting purposes) - Take Profit, Stop Loss and Trailing Stop for long and short positions - Risk Management: Max Intraday Loss Backtesting : ⁃ Exchange: BINANCE ⁃ Pair: BTCUSDT.P ⁃ Timeframe: 4H ⁃ Fee: 0.025% ⁃ Slippage: 1 - Initial Capital: 10000 USDT - Position sizing: 10% of Equity - Start : 2019-09-19 (Out Of Sample from 2022-12-23) - Bar magnifier: on Credits : - LucF of Pine Coders for f_security function to avoid repainting using security. - QuantNomad for Monthly Table. Disclaimer : Risk Management is crucial, so adjust stop loss to your comfort level. A tight stop loss can help minimise potential losses. Use at your own risk. How you or we can improve? Source code is open so share your ideas! Leave a comment and smash the boost button! Thanks for your attention, happy to support the TradingView community.
Chiến lược Pine Script®
của TheSocialCryptoClub
7
Market Structure Trailing Stop [LuxAlgo]This script returns trailing stops on the occurrence of market structure (CHoCH/BOS labeling). Trailing stops are adjusted based on trailing maximums/minimums with the option for users to be able to control how quickly a trailing stop can converge toward the price. 🔶 SETTINGS Pivot Lookback: Pivot length used for the detection of swing points. Increment Factor %: Controls how fast trailing stops converge toward the price, with lower values returning slower converging trailing stops. Reset Stop On: Determines if trailing stops are reset on CHoCH structure or all (CHoCH + BOS). Show Structure: Determines if market structure is displayed. 🔶 USAGE Trailing stops allow traders to protect them against downside risk while also guaranteeing a potential profit in case the market goes in the expected direction of the trade. Users making use of market structure as a primary entry condition can benefit from having trailing stops based on these to either provide an additional exit condition or to provide points of support/resistance with the price. Trailing stops can avoid being hit more frequently by using a lower Increment Factor % setting. Finally, users can reset the trailing stop when any market structure is detected (or only on CHoCHs). Allowing trailing stops to reset on the detection of any market structure allows the indicator to return trailing stops closer to the price. CHoCH labels are highlighted as dashed lines while BOS labels are highlighted as dotted lines. 🔶 DETAILS When a new structure (or only CHoCH if specified by the user) is detected, trailing stops will initially be set based on the maximum/minimum made on the previous trend. This will also set the trailing maximum/minimum to the current price value. If an uptrend is detected (most recent market structure is bullish) then the trailing stop will increase if the trailing maximum increase, the increment is calculated as: trailing stop = trailing stop + Increment Factor % of (trailing maximum - previous trailing maximum) If a downtrend is detected (most recent market structure is bearish) then the trailing stop will decrease if the trailing minimum decrease, the decrement is calculated as: trailing stop = trailing stop + Increment Factor % of (trailing minimum - previous trailing minimum)
Chỉ báo Pine Script®
của LuxAlgo
20