This is my first Pine Script attempt. Nothing special, just an "all in one" for the most common things I use, and what I have found to be the most common in a lot of strategies.
Great for free and limited accounts as it combines 7 total indicators into one.
-- First 5 indicators are Independant Moving Averages:
-Each one can be set for length, as well as source...
This is an Average True Range plotting indicator that i myself use to get me the Stop Loss and Take Profit targets.
going through the settings, you can choose the multiplier you need; whether its 2, 3 or any other value
you can also change the smoothing, where the ATR can be based on EMA, SMA or any of the other types included.
lastly, i know that some traders...
'Solution Zigma' is strategy for any securities because this strategy use EMA of Fibonacci Level and Plot Like candle easy for analysis trend impulse. This strategy used DMI(ADX) for filter sideway but not greatest indicator, Please use this strategy with Risk Management.
Stop Loss With Average True Range (ATR)
It simplifies the calculation of stop loss price for stop loss method using the average true range (ATR).
For example;
You want to stop loss below 3 ATR. Let's assume the price is 100, the average true range is 5. You will multiply the average true range by 3 and subtract from the price and enter a stop loss order at the...
This indicator, based on the ATR, allows you to identify the potential reversal on price and helps you identify the Support and Resistance.
When the price moves far away from the multiple moving average, the background color changes :
- Red for Short potential entry
- Green for Long potential entry
There are 2 ways to use this script :
- Conservative : Use it...
Hello Traders,
Here i bring to you my 2nd Price Action Atr based Indictor combined with fib entry and exit trailing levels with minimum risk and maximum profit , as we must have seen at times as we enter the trend reverse and hits our stop losses . Keeping that in mind as i too struggled and made losses so i decided and focused more on minimizing the stop loss...
Hello, one of my first public scripts!
This strategy uses:
1. 2 EMA's
2. Stochastic RSI
3. ATR
Very simple, yet effective strategy.
The strategy will go long when stochastic crosses under the oversold area and and price has pulled back to the fast EMA - while price is above the long term EMA. Vice versa for shorts.
The stop loss and take trofit are both...
Props to @Veryfid for his original script 'ATR Stop Loss Finder'.
The concept is simple. We use the average true range to determine an appropriate stop loss distance based on recent volatility. The original script calculated the stop loss offset from the current candle's high or low. Here, I've added the option to offset stop loss from the recent local low or...
ATR at the daily and intraday prompt lines, it is recommended to trade within 50%, and if it exceeds 50%, there is a risk of chasing high.
At the minute level,Day-level ATR grid line is displayed.
CCI Supertrend
+ This simple scripts base on CCI level to plot "Supertrend".
+ When CCI move above level 0, SuperTrend lowerBand is plotted.
+ When CCI move below level 0, SuperTrend upperBand is plotted.
In many strategies, it's quite common to use a scaled ATR to help define a stop-loss, and it's not uncommon to use it for take-profit targets as well. While it's possible to use the built-in ATR indicator and manually calculate the offset value, we felt this wasn't particularly intuitive or efficient, and could lead to the potential for miscalculations. And...
That indicator helps us to determine the stop loss levels or prices in terms of atr levels. It includes 4 (four) options which are 1-Don't Risk, 2-Low Risk, 3-High Risk, 4-Risk Lover their exploding rates are 1-2.4% , 2-3.9% , 3-6.7% , 4-16.7% in sort. It helps us to produce new methods to decreace our risk/reward ratio. It is ATR Trailing StopLoss indicator. The...
This is a volatility tool designed to get the daily bottom and top values calculated using a daily ATR and IV values.
ATR values can be calculated directly, however for IV I recommend to take the values from external sources for the asset that you want to trade.
Regarding of the usage, I always recommend to go at the end of the previous close day of the...
What Is the Average True Range (ATR)?
The average true range (ATR) is a technical analysis indicator, introduced by market technician J. Welles Wilder Jr. in his book New Concepts in Technical Trading Systems, that measures market volatility by decomposing the entire range of an asset price for that period.
Problems of the classic ATR indicator
The...
============
ENGLISH
============
- Description:
This indicator is based on ATR to print current ATR multiple values for Take Profits or Stop Loss levels, it's real time, so you can use the replay feature to test it or calculate these levels anytime on any candle.
Therefore, levels are calculated by multiplying the ATR by the level multiplier.
- Visual:
Both a...
The OTG Market Making Bot was designed with mean reversion trading in mind. It uses advanced ATR and other volatility formulas to create a set of bands that price should stay within. If price is testing the upper or lower bands then it is "extended" and a mean reversion back to the midline is likely.
The indicator comes with two sets of reversion bands, by...
![BTCUSDT: ATR SL + Position Size Calculator [DoctaBot]](https://s3.tradingview.com/v/vqZjh7ZM_mid.png "ATR SL + Position Size Calculator [DoctaBot]")
![ENJUSDTPERP: ATR Take Profit / Stop Loss [JoseMetal]](https://s3.tradingview.com/x/XlE5B1fV_mid.png "ATR Take Profit / Stop Loss [JoseMetal]")
