Hi, Here is a 'template', using array's, for multiple orders and different SL/TP levels per trade (This is an example with max 5 open trades) The 'switch' makes sure that the first available position will be used, for example, when 'L1' is closed in the past, and a buy condition is triggered, position 'L1' will be filled, should it be that 'L1', 'L2', 'L3' are...
This is an improved SuperTrend strategy that makes use of multiple types of risk management options. We have for example : 1. Take profit and stop loss levels based on support and resistence created with RSI and Pivot Lines(dynamic) For example, if we have an oversold level and a pivot low , we can take that low point for support.(or resistence for short) ...
Trading Assistant DiNGUE This indicator is like a trading assistant for your charts. It helps set your biases and emotions aside and lets you focus on managing trades in an easy visual way. Get various types of signals to enter your trades (either Long or Short). Then use take profits, stops, or the opposite signal to exit trades. The signals are created from...
I am not a financial advisor and this is not financial advice. This is provided for illustration only for a Percent based Trailing Stoploss. I have been looking for a Percent based Trailing Stoploss and have not been able to find one that would work for me so I wrote my own. This works in both a Strategies and Indicators I put comments inline of where to...
This indicator helps you to set your stoploss levels by using ATR. Traders often use atr values in order to calculate their stoploss levels. This indicator does the calculation for you and draw two tiny lines without messing up the chart so that you can easily see your stoploss levels and get an idea about the volatility and risk amount as well. One line is below...
Programmed this tool to help prevent overtrading. Example of application: Suppose you want to trade ETHUSDT on a 1 minute chart and you are only willing to risk $10 in one single trade. This way, if you get stopped out, then you will only lose $10. Say you are using ATR based stop loss at 2x current ATR to set the initial stop. All these variables are now...
Strategy to go long at end of Monday before market closes and exit before Tuesday close, or at stop loss or take profit percentages This runs strategy on entering by weekday name and also by session time. Implemented are also Take Profit and Stop Loss to exit position using custom inputs. Added stoploss and take profit plot lines
Especially useful when using it for stocks in intraday screening for daytrading. This gives you quick information about the volatility at the moment when you look at the stock. The current range of the last candles (adjustable) is calculated so that you can stop based on the Vola. In addition, the daily volume and daily range are calculated in the table and...
This is MTF MACD crossover and crossunder, with EMA trend filter and MTF RSI overbought/oversold filter. Guidelines: - User can set stop loss, take profit target and risk to reward ratio in setting - ATR Stop and ATR Multiplier are use to set stop loss and take profit levels, setting are varies depend on what you are trading, play around and find appropriate...
ACTION ZONE-ATR MOD v0.1 DOCUMENTATION Overview This tradingview pine script strategy is mainly created to enrich my coding skill. It is a combination of “CDC-ACTIONZONE” and my personal studies of trading techniques in various sources e.g.book, course or blog. This strategy purposefully built to connect with my automatic trading bot. However, It will be very...
Kzx Position tracker mod v1.0 by RX-RAY Original script by K-zax The modification was made for the USDRUB ticker (the number of digits in the values of price, interest, lot volume and profit loss for other tickers may affect the positioning of the inscription, but it is fully operative and it may be used with other tickers ) Typical...
The Basics This indicator should be used on regular candle sticks. It is possible to trigger an alert, when the block flips from red to green bar. Or vice versa. Red block represents a red Heikin Ashi candle. Green block for green Heikin Ashi candle. It can be used as a trailing stoploss for (DCA/ TV) bots, when riding trends. What Makes It Different The...
This script is designed as an ATR-based trailing stop tool to assist in managing open positions. Once you're involved in a profitable trade, if you add this script to your chart you'll be prompted to select a bar to begin trailing from. You can then adjust the candle lookback distance for swing high/lows (7 by default), the ATR multiplier (1.0 by default), and...
The Basics The indicator is visible on the chart as circles above and below the bar. It will trigger an alert when the current price goes below, the low of the previous candle. Or an alert when current price goes above, the high of the previous candle. The indicator can be used as a trailing stoploss for (DCA/ TV) bots. The distance between the circles...
This script indicates the Buy and Sell positions on your chart. In addition, it shows entry price , stop loss and possible targets on the chart. The same information are shown in a table where you can find the position type (long/short) in green and red color, entry point, stop-loss (always in red) and targets. The targets are defined by Risk to Reward...
Most of the trailing stops on TradingView are made of using the lowest lows and the highest highs. Not many are based around what I called the volatile trailing stop. This is where the trailing stop will move around according to a set percentage difference from the previous closing value. This allows you to say "If the current bar moves x percent, then stop"....
------------------- DESCRIPTION GEMA-INDICATOR is a indicator based on SMA, EMA, WMA, RMA that considers elements such as ADX, DMI, RSI, stochastic, Stoploss, Takeprofit, angles and values at present point. HOW DOES IT WORK The component works as an assistant to which you configure the previous elements and you see the performance that it offers you, in such a...