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.
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.
The inputs define the trend and the volatility stop.
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.
This script compares trend trading with a volatility stop to "buy and hold".
Trades are taken with the trend, except when price...
The related article is copyrighted material from Stocks & Commodities Jun 2009
This script has been originally edited by HPotter and Sylvain Vervoort
Some aspects have been modified and added such as:
ATR line color
Alerts are added
Fixed the inputs now can be adjusted with decimals without the keyboard.
Securitys are added to the source
Color bar is added
There are many types of SuperTrend around. Recently I thought about a Supertrend based on Pivot Points then I wrote "Pivot Point SuperTrend" script. It looks it has better performance on keeping you in the trend more.
The idea is behind this script is finding pivot point, calculating average of them and like in supertrend creating higher/lower...
This is a redesign of the Chandelier Exit indicator. It removes stupid transitions between Chandelier Exit' states and highlights initial points for both lines.
This indicator was originally developed by Charles Le Beau and popularized by Dr. Alexander Elder in his book "Come Into My Trading Room: A Complete Guide to Trading" (2002).
In short, this is a...
This is a redesign of the built-in Parabolic SAR indicator. I added a proper input system, an option to highlight initial points for both lines and an option to choose points width. So, customize it as you want.
Parabolic SAR was originally developed by J. Welles Wilder and described in his book "New Concepts in Technical Trading Systems" (1978). It is a...
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...
ST0P is a kind of a TRAILING STOP LOSS INDICATOR in which users can set up LONG or SHORT trade versions and also can set up a STOP LOSS level by percent % or unit difference.
It tries to solve the problem of stop loss indicators' default BUY or SELL settings and non adjustable stop levels of % and difference change in price levels.
(Will try to make updates...
I share this TSL indicator with alert (I use it only for Stocks), the configuration is very simple, you must select if it is a Short or Long operation, time at which the operation was opened,% of the daily ATR for TSL. It also contains:
- Panel Info
I realized that the zone changes in the stoploss remained slow, so I couldn't make enough use of the characteristics of technical indicators when opening positions.
This pushed me to keep stop-loss under the influence of a dependent variable.
This script helped me a lot (everget) :
I've redesigned the...
I didn't find a BB stops indicator on TV, so I wrote one myself.
You can select various ma types as a base anchor for the calculations.
This indicator can have various use cases similar to Supertrend or Parabolic SAR: as a trend indicator, as a training stop loss,...
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...
A tool to calculate the average price and position size.
The "Risk Amount" input means the amount of dollars you lose if the trade gets stopped out (it should be based on a small percentage of your account).
- If you use the weights to calculate an average price, make sure it adds up to 100% in total or you will get a weird number.
- Keep an eye on the...
Here is a Risk Management Indicator that calculates stop loss and position sizing based on the volatility of the stock. Most traders use a basic 1 or 2% Risk Rule, where they will not risk more than 1 or 2% of their capital on any one trade. I went further and applied four levels of risk: 0.25%, 0.50%, 1% and 2%. How you apply these different levels of risk is...
An aggressive scalping indicator designed for short timeframes.
Made up of:
- The 21 and 55 EMA, but these are customisable to be any length and either the: ema, sma, tema, hma or wma
- The TD sequential
- Support & resistance zones which are indicated by red and green shaded horizontal areas
The TD numbers 8 and 9 signal a possible turning point, especially if...
A simple visual representation of ATR trading targets.
The indicator shows ATR targets (TP and SL) from the last swing points (if you entered there)
There is an option to chose targets for a long or short position.
I build these indicators for myself and provide them open source, to use for free to use and improve upon,
as I believe...