HL ChannelHL Channel
- The channel shows the trend based on highs and lows, and possible points of take profit and exists
- Trend Indicator for Long and Short entries
- It can be used as a trend indicator or as a trailing stop loss
- Long and Short Labels and Alerts
- Configurable in Periods and Simple Mode
Simple Mode:
Cerca negli script per "profit"
Average True Range Take profit (ATR)Average True Range Take Profit
An objective method of determining an initial Take Profit and Stop Loss, based on true market volatility and not arbitrary price levels.
Take Profit Levels and Stop Loss Levels are calculated based on multiples of Average True Range
Features & Functions
Option to switch between long or short
Default Value
Take Profit 1 = 1x ATR.
Take Profit 3 = 2x ATR.
Take Profit 5 = 3x ATR.
Stop Loss 2 = 1.5x ATR.
Basline 13 exponential moving average (EMA) (2)
Extra options ATR
Take Profit 2 = 1,5x ATR.
Take Profit 4 = 2,5x ATR.
Take Profit 6 = 3,5x ATR.
Take Profit 7 = 4x ATR.
Take Profit 8 = 4,5x ATR.
Take Profit 9 = 5x ATR.
Stop Loss 1 = 1x ATR.
Stop Loss 3 = 2x ATR.
Extra options MA
Simple moving average (SMA) (1)
Weighted Moving Average (WMA) (3)
Hull moving average (HMA) (4)
Volume Weighted Moving Average (VWMA) (5)
R moving average (RMA) (6)
Triple exponential moving average (TEMA) (7)
Crypto Break-even FeeWhen I started trading cryptocurrency, I lost money because I didn't take the fees enough into account. Therefore I created my own indicator to quicqly see the break-even selling price of the selling price if I want a predifined profit level.
2 lines are added to the graph. These lines move together with the current price.
- One line indicating the break-even selling price (depending on your maker/taker strategy). For beginners I suggest taking the taker strategy (mostly 0.25%)
- Another line indicating the selling price in order to make a predifined profit %
There are 2 parameters you can set:
- Desired profit (%)
- Maker/Taker Fee (%)
Always happy with a little appreciation ;-) Bitcoin wallet: 18522cAc7YDwwXTvtckXKb1kP33upVDRFR
NCTA Profit Flow OscillatorProfit Flow Oscillator
The Profit Flow Oscillator is one of two technical pattern indicators that are part of the Profit Flow Analytics.
New Cycle Trading and Analytics is a group of traders creating market analytics for traders. The objective is to take complex combinations of multiple technical pattern indicators and present to the trader a simple, single signal entry.
The Profit Flow Oscillator is excellent in short 1, 3, and 5 minute timeframes for futures traders and short term options traders. Longer timeframes such as the 5, 10, and 30 minute timeframes work well for options traders.
The Profit Flow Oscillator consists of a simple, single entry indicator designed to provide an entry very close to the shift on the intra-day cycle. It is designed to filter out false signals and provide the trader with an optimum timing of an entry.
HOW TO USE: Go long when a blue bar appears and go short when a red bar appears. These prints very closely identify the beginning of a new cycle
The Profit Flow Oscillator, which is part of the Profit Flow Analytics set of indicators, is traded in a live trading room every market day, hosted by our friends at Options Money Maker.
To learn more and to get a free trial of the Profit Flow Oscillator, use the following link:
www.newcycletrading.com
NQU2019
SP:SPX
Pulse Profits+ Study v2.0Here is the updated version of our Pulse Profits+ study based on the combination of the Chande Momentum Oscillator and Elder's Force Index . This version was updated to include stop-loss and improved signals
Red background highlights mark sell signals and green highlights represent buy signals. All signals are accompanied by corresponding alerts that can be tailored for the various automated trading platforms.
All indicators can be found on our website in the bio and come with their strategy equivalents
High Profit RunIdentify regions of high profit runs. Long or short. The line shows the profit percent in the current run.
Those might be the places that it is wise to take a profit instead of waiting longer.
Or a reverse counter reaction could be expected.
Take ProfitThis simple indicator shows gains/ losses and profit taking opportunities for a strategy that consists of regularly investing a static sum to an asset (ex: adding $25 to BTC every week).
White = Investment (new money)
Green = Take-profit
Purple = Total Gains / Losses on + investment
Blue = Total Gains / Losses on + investment - take-profit
Red = Total Gains / Losses on - investment
Orange = Total Gains / Losses on - investment - take-profit
RedBG = Orange < 0
GreyBG = Weekend
Settings:
- Amount to invest each week
- Day of the week to invest (1 = Sunday, time is defaulted to 12:01 AM of that day)
- Amount at which to take profit
- Start time (This is calculated in weeks since UNIX Epoch; increasing the number by 1 means moving the start time forward 1 week)
Enjoy!
ATR based Pivots mcbwHey everyone this is an exciting new script I have prepared for you.
I was reading an old forex bulletin article some time ago when I came across this: solar.murty.net (or you can download the full bulletin with lots of other good articles here: www.forexfactory.com).
You can already buy this for metatrader (www.mql5.com) so I figured to make it for free for tradingview.
This bulletin suggested that you can reasonably predict daily volatility by adding or subtracting multiples of the daily ATR to the daily opening. Using this you can choose multiples to use as price targets and alternatively as stop losses. For example, if you already have a sense of market direction you can buy at market open place a stop loss at - 1 daily ATR and a profit target at + 3 ATRs for a risk to reward ratio of 3. If you are looking for smaller/quicker moves with a ratio of 3 you can have a stop loss at -0.25 ATR and a take profit at +0.75 ATR.
Alternatively this article also suggests to use this method to catch volatility breakouts. If price is higher than the + 1 ATR area then you can safely assume it will be going to the +2 ATR area so you can put a buy stop at + 1 ATR with a profit target at + 2 ATR with a stop loss at +0.5 ATR to catch a volatility breakout with a risk to reward ratio of 2!
Even further there are methods that you can use with ATRs of multiple window sizes, for example by opening two copies of this indicator and measuring recent volatility with a 1 week window and long term volatility within a 1 month window. If the short term volatility is crossing the long term volatility then there is a high probability chance that even more price movement will occur.
However I have found that this method is good for more than daily volatility , it can also be used to measure weekly volatility , and monthly volatility and use these multiples as good long term price targets.
To select if you want daily, weekly, or monthly values of the ATR of volatility you're using go to the settings and click on the options in the "Opening period". The default window of the ATR here is 14 periods, but you can change this if you want to in "ATR period". Most importantly you are able to select which multiples of the ATR you would like to use in the settings in "ATR multiple 1" which is the green line, "ATR multiple 2" which is the blue line, and "ATR multiple 3" which is the purple line. You can select any values you want to put in these, the choice of 0.25, 0.5, and 1 is not special, some people use fibonacci numbers here or simply 0.33, 0.66, and 0.99.
Repainting issue: This script uses the daily value of the Average True Range (ATR), which measures the volatility that is happening today. If price becomes more volatile then the value of the ATR can increase throughout the day, but it can never decrease. What this means is that the ATR based pivots are able to expand away from the opening price, which should not affect the trades that you take based on these areas. If you base your take profit on one of these ATR multiples and the daily volatility increase this means that your take profit area will be closer to your entry than the ATR multiple. Meaning that your trades will be more conservative.
While this all may sound very technical it is super intuitive, throw this on your chart and play around with it :)
Happy trading!
% Bars in ProfitUse this to determine how often your average entry price for shorts and longs over the last 11 trades are in profit or not.
DEMARSIV1 alerts and take profitThis version is the same as DEMARSI with following differences
I add take profit to short and long when DEMA MTF 1 is crossing DEMA MTF 2 (they are calculated different that why when you increase int2 in min to longer time the difference between them increse)
if you want the TP to be on signal of fast and slow DEMA RSI 2 (just change the code inside) by putting the long cond to be as the buy cond
for any questions please ask
poki buy and sell Take profit and stop lossThis indicator is based on modelius model of lazy bear weis model with ATR for the buy=B sell =S
in addition there is Take profit and stop loss in % both for short and for long
next stage is to know the resistance level and support based on bollinger marked in blue and red dots
Also included Parabolic Sar (blue and red dots rising up or down)
The color of bulish or bearish zone is based on the cross of Hull avreage and linear regression ( for each time set may need different setting for accuracy )
So how to use this scrupt to better profit
1. if you have B signal and its on lower support level then its good starting place for buy. look at the Parabolic Sar if its in agreement. The exit can be either by S =sell, Take profit that you decide on % or by end of Parabolic SAR upward
2. exact the oposite for short
Play with setting for the desired results or change modify this script for your purpose
Hull modelius take profit and stop lossThis model has Hull moving average, fibs in form of Bollinger ,SMA and Modelius model with ATR for buy and sell power based on weis volume. Inside alerts for buy and sell. take profit and stop loss for both longs and shorts
so have fun
Alerts 4 Crossover Strategy w/Take Profit + Trailing StopThis is the companion script for the "Crossover Strategy w/Take Profit + Trailing Stop - Study". It's sole purpose is to provide the alert triggers for use with AutoView!!!
***** YOU MUST BE SURE THAT ALL SETTINGS MATCH THE CORRESPONDING CROSSOVER STRATEGY *****
Crossover Strategy w/Take Profit + Trailing Stop - StudyThis script is a result of hours of trail, error and research. If something is not functioning as anticipated, please notify me with a description and possible screen shot of the issue.
The strategy is a basic crossover strategy. When MA1 crosses above MA2, it will trigger a long entry. When MA1 crosses below MA2, it will trigger a short entry.
When using the Take Profit function, the trailing stop will automatically activate at the defined TP3 level.
Also, when TP1 is hit a stop loss is set at 0.3% (this can be adjusted in settings) above/below the current entry. When TP2 is achieved, the stop will move up to the TP1 level.
If the trailing stop locks in LESS profit than the TP2 level, the stop will trigger at the TP2 level. This will continue until the trailing stop has moved to a level more advantageous than TP2.
There is a companion Alerts script for use with AutoView.
***AutoView syntax IS NOT provided***
Trade Genius Sling Shot IndicatorOur proprietary reversal indicator with high profit factor, if interested: www.tradelikeagenius.com
ATR and VIX For Profit Target and RSI LimitThe red line, based on ATR, should be used as a percentage gain goal. So I will set my profit targets based on this percentage.
The grey line is based on William's VIX and I use it to judge what RSI I should sell at.
EMA Cross Alerts /w Take Profit and StoplossSimple Alert for Automated Trading Based on EMA Cross.
Also includes the ability to add Take Profit, Stoploss, and Trailing.
PM for use.
RSI Multi Time Frame - Spot Panic Sell Moments and profit!Union of three RSI indicators: 1h, 4h and daily. In order to show 1h RSI, you have to set it as active time frame on the chart.
Purpose: spot "triple oversold" moments, where all the three RSI are under the threshold, which is 30 by default but editable.
Target Market: Cryptocurrencies. Didn't try it on other ones, may work as well. Fits Crypto well as, by experience, I can tell it usually doesn't stay oversold for long.
When the market panics and triple oversold occurs, the spot is highlighted by a green vertical bar on the indicator.
The indicator highlights triple overbought conditions as well (usually indicating strong FOMO), but I usually don't use it as a signal.
I suggest to edit the oversold threshold in order to make it fit the coin you're studying, minimizing false positives.
Special thanks to Heavy91, a Discord user, for inspiring me in this indicator.
Any editing proposal is welcome!
I reposted this script, as the first time I wrote it in Italian. Sorry for that.
Autoview/Profit Trailer AlertsAlert Script for use with Autoview/Profit Trailer Scalping Strategy. Specifically intended for use with Autoview + Profit Trailer. Only contains usable Buy alerts.
BTC Mass profit alarmThis is a modified version of my "BTC Mass profit" strategy so that you can add alerts when a signal is produced