You can monitor the stop loss level according to ATR in 2 ways (Long/Short).
This script gives you the percent difference that 2 moving averages are from current prices. It also supplies bands that are 2x the standard deviation of the previous 365 ma points (candles).
Modified to code from @modhelius and added colors and histogram for easy reading...thanks to him... What is Relative Strength? Relative strength is a ratio of a stock price performance to a market average (index) performance. It is used in technical analysis. It is not to be confused with relative strength index. To calculate the relative strength of a...
The Correlation Angle Indicator was created by John Ehlers (Stocks & Commodities V. 38:06 (8–15)) and this is technically three indicators in one so I'm splitting each one to a separate script. This particular indicator was designed for trend termination and simply buy when it is green and sell when it turns red. Let me know if you would like to see me publish...
It is a Bollinger band with weighted volume. In settings Volume weighted Volume weighted = false deviation band Mode = false Would be the same as an ordinary Bollinger band. 出来高を加重したボリンジャーバンドです。 設定で Volume weighted 出来高加重 = false deviation band Mode = false とすれば普通のボリンジャーバンドと同じになります
Much credit in the notes. I use this to follow the whole crypto market long and short. Implementation and backtesting is everything!
Formula Used : COG = SUM of closing prices Pn x (n+1) / Sum of closing prices Pn
I will start with a small introduction about myself. I'm now trading cryto currencies manually for almost 2 years. I decided to start after watching a documentary on the TV showing people who made big money during the Bitcoin pump which happened at the end of 2017. The next day, I asked myself "Why should I not give it a try and learn how to trade". This was in...
This is the strategy version for the ranged volume indicator I published a few days ago. Long : First yellow break-out after red Short : First red break-out after yellow Because this is volume, you want to be using this on an exchange with high volume for the best results. Default settings are not optimized but work great on bitcoins daily chart. A short...
Position Size Calculator To calculate stop loss in pips, you can use my other indicator ATR pips
This is the coolest indicator I have ever made to date so far. The Monster Breakout Index is a completely original idea that I came up with. MBI is a breakout indicator with one parameter. MBI lives up to its name because of how robust the index is. It gives very little signals, which means that the signals that it does generate are very high quality. How to...
As a long-term buyer/short-seller, you will always find different ways to enter the market , moving average crossovers, breakouts , overbought/oversold conditions being some of the classy methods. However, they are decreasingly effective... 😢 Recently I have realized that analysis beyond the technical indicators will bring trading to the next level because I will...
This script easily shows in an indicator window the Average True Range % of Price, which helps people understand the volatility of an asset in % terms defined by custom MA periods for custom ATR periods. The MA Period gives the average price. The ATR Period gives the average range. The Average Range / Average Price = Average Range % of Price. Understanding...
PLOT PREVIOUS PERIOD CLOSE BY PERCENTAGE IN RELATION TO CANDLE RANGE(HIGH-LOW)
Same coding only coloring and information panel was added. CDC ATR Trailing Stop V2.1 (2013) //Barcolor Green = Trail1 > Trail2 and close > Trail2 and low > Trail2 Blue = Trail1 > Trail2 and close > Trail2 and low < Trail2 Red = Trail2 > Trail1 and close < Trail2 and high < Trail2 Yellow = Trail2 > Trail1 and close < Trail2 and high > Trail2 //It gives White...