TrailingTakeProfit exampleQuite recently I came upon a concept of Trailing Take Profit and I couldn't find a PineScript which implements it for the fastest possible execution, so here it is :)
Everybody knows Trailing StopLoss - an invisible mechanism follows the price and exits the trade once the price retreats too much from its recent most extended favourable value. Trailing TakeProfit does the similar thing, but at the opposite end - the trade gets closed if a price moves too well, in too favourable extent.
Why close the trade if it is going so good? Well, whatever goes up, must go down and vice versa. It is expected, that after fast rally a market will soon fall and after a dump it will go up. So Trailing TakeProfit's role is to secure profits.
But how does Trailing TakeProfit differ from the standard one? "Trailing" means, the exit level is moving. Its role is to be executed only after a rapid favourable move within 1-2 candles, not more. We never know when a rapid move happens, but when it does, we wanna catch those pips and quickly exit without looking back.
Visually Trailing TakeProfit levels are... bands. In this script example these are ATR multiplied bands (aka Keltner Channel), but they could also be Bollinger Bands or something else.
The code is simple just to focus on this single functionality, so you can quickly copy-paste it into your script. Entries are triggered by default SMA crosses.
P.S. I wouldn't be myself, if I didn't add alert messages compatible with the syntax of recently revamped TradingConnector - both in the code already and in the table showing them.
在腳本中搜尋"alert"
Optics Alert ZoneOptics Alert Zone shows price ranges for prices 17 days and 40 days ago. These can be adjusted based on asset class and volatility.
Bullish is when price is above 17 and 40 day.
Bearish is when price is below 17 and 40 day.
Entry Assistant & News AlertIntention Of This Indicator
This indicator is intended to be used as an assistant in combination with a technical strategy.
This indicator has several functions intended to assist you at entering positions.
This indicator is intended to be used with strategies that place Stop Losses above / below candles, and entries at the BOC ( Break Of The Previous Candle , For Longs it is when price goes above the previous candles high, For Shorts it is when price goes below the previous candles low)
This indicator allows you to enter daily news release times, and it will warn you before and after that news release time ( to help you stay out of trading news )
This indicator Draw / Displays the following
A line below ( for Longs ) / above ( for Shorts ) the current candle, with an additional pip value for extra space ( this displays where to place your Stop Loss )
A label displaying the price of the Stop Loss line, to assist in placing the Stop Loss
A line displaying where the BOC is ( based off of going Long or going Short )
A box that appears when the BOC has occurred ( entry signal )
A line displaying where the news release is going to happen ( only according to your time input settings )
A box that surrounds the news release ( only according to your time input settings )
A table in the bottom right corner that shows you when there is Active News ( only according to your time input settings )
Inputs
Inputs to change the aesthetics ( colours etc. )
Numeric inputs to modify the placement / spacing of the Stop Loss / Entry signal / News
Toggles to activate or deactivate features
Disclaimer
This indicator does not guaranteed to work for every instrument ( always test before use! )
It is not at all intended to be a signal indicator on its own, but rather only to give a signal when used with specific technical strategies that us BOC entries.
This indicator is not guaranteed to be accurate, or error free.
This indicator is not signalling winning entries or high probability entries.
You must manually enter the news time inputs, this indicator does not automatically show you when there is a news release
This is a combination indicator of my Entry Assistant and my News Alert indicator, both can be found and used separately.
Inside Candle alert V1 By HARSH DEO SINGHA breakout long signal is generated when the current high crosses above the previous mother bar's high, and it's an inside bar.
A breakdown short signal is generated when the current low crosses below the previous mother bar's low, and it's an inside bar.
The script plots triangle shapes below breakout long signals and above breakdown short signals.
Alert conditions are added for inside bars, breakout long, and breakdown short.
Please note that this is a basic example, and you can further refine and optimize your strategy based on your specific trading rules and preferences. Always remember to backtest and paper trade any strategy before using it with real money.
Candle Body Color change with Alert-Yogesh PawarThose who wants to get alert for Candle Body Color change, can try this. It will help you.
TDMACD Divergence Multi Timeframe and Alert [5ema]I reused some functions, made by (i believe that):
@paaax: The table position function.
@everget: The RSI divergence function.
@QuantNomad: The function calculated value and array to show on table for input symbols.
@ChaosTrader: The function calculated value TDMACD.
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What to do?
MACD divergence signal.
The crossing of MACD and Signal line.
The reversal of MACD.
The reversal of Signal line.
The screener follow 6 different timeframes.
Set notification alert when signal appears.
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How is it created?
MACD line = fastMA - slowMA.
Signal line = ta.ema(macd(), signalLength)
Make function for pivot low & high point of MACD and price.
Request.security that function for earch time frame.
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How to use?
Can be combined with many other indicators or candlestick patterns.
Customize the input indicators to suit your strategy
1. MACD reversed:
2. Signal line reversed:
3. MACD Divergence :
4. MACD crossing Signal line:
5. Signal on Screener for multi time frame:
Green ⦿: Buy.
Red ⦿: Sell.
Green 〇: Review Buy.
Red 〇: Review Sell.
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This indicator is for reference only, you need your own method and strategy.
If you have any questions, please let me know in the comments.
TradeBee Percent Gap AlertA simple script to enable adding a trigger when a stock reaches 'X' percent, the 'X' can be configured.
The script also displays current tickers gap %, this is particularly helpful when you have 2 or more panels on a chart
RSI-ROC Momentum AlertThis is the RSI-ROC Momentum Alert trading indicator, designed to help traders identify potential buy and sell signals based on the momentum of price movements.
The indicator is based on two technical indicators: the Rate of Change (ROC) and the Relative Strength Index (RSI). The ROC measures the speed of price changes over a given period, while the RSI measures the strength of price movements. By combining these two indicators, this trading indicator aims to provide a comprehensive view of the market momentum.
An RSI below its oversold level, which shows as a green background, in addition to a ROC crossing above its moving average (turns green) signals a buying opportunity.
An RSI above its overbought level, which shows as a red background, in addition to a ROC crossing below its moving average (turns red) signals a selling opportunity.
Traders can use this indicator to identify potential momentum shifts and adjust their trading strategies accordingly.
The ROC component of the indicator uses a user-defined length parameter to calculate the ROC and a simple moving average (SMA) of the ROC. The color of the ROC line changes to green when it is above the ROC SMA and to red when it is below the ROC SMA. The ROC SMA color changes whether it's above or below a value of 0.
The RSI component of the indicator uses a user-defined length parameter to calculate the RSI, and user-defined RSI Low and RSI High values to identify potential buy and sell signals. When the RSI falls below the RSI Low value, a green background color is applied to the chart to indicate a potential buy signal. Conversely, when the RSI rises above the RSI High value, a red background color is applied to the chart to indicate a potential sell signal.
This indicator is intended to be used on any time frame and any asset, and can be customized at will.
Bollinger Bands Weighted Alert System (BBWAS)The idea of this indicator is very similar to my previous published script called BBAS (Bollinger Bands Alert System).
Just with little additions. In this case, we're using a Weighted Moving Average (ta.wma) instead of Simple Moving Average to calculate the basis line.
A breakout in trading refers to a situation where the price of a security or asset moves beyond a defined level of support or resistance, which is typically indicated by technical analysis tools like Bollinger Bands. Bollinger Bands consist of three lines: the upper band, the lower band, and the middle band (or basis). The upper and lower bands are set at a specified number of standard deviations away from the middle band, and they help to define the range within which the price of an asset is expected to fluctuate.
When the price of the asset moves beyond the upper or lower band, it is said to have "broken out" of the range. If the price closes below the lower band, it is considered a bearish breakout, and if it closes above the upper band, it is considered a bullish breakout.
Once a breakout occurs, traders may look for a confirmation signal before entering a trade. In this case, crossing the middle line (or basis) after a breakout may signal a potential trend reversal and a good opportunity to enter a long or short trade, depending on the direction of the breakout.
Dear traders, while we strive to provide you with the best trading tools and resources, we want to remind you to exercise caution and diligence in your investing decisions.
It is important to always do your own research and analysis before making any trades. Remember, the responsibility for your investments ultimately lies with you.
Happy trading!
Pro Trading Art - Candlestick Patterns with alertAll candlestick pattern based on "Japanese candlestick charting techniques".
Currently Supported List of Candlestick Patterns :
Hammer
Hanging Man
Inverted Hammer
Shooting Star
Morning Star
Evening Star
Bullish Engulfing
Bearish Engulfing
Important Points:
1. You can create alert for all patterns.
2. You can modify multiplier(Length Of Shadow) for Hammer, Hanging Man, Inverted Hammer and Shooting Star
3. You can modify EMA length for upward and downward validation of any pattern.
[MAD MBS] Multibit Alert on ChartThis is a basic debugger to display each individual multibit alert directly on the chart and additionally the possibility to create alarms based on this true/falses to use multibit without a Riskmanagement
Divergence MACD Sign/Alert [MsF]MACD divergence sign & alert notification.
With this router, you can choose which further indicators you want to see divergence in MACD.
In addition, in order to improve visibility, the sub-window is designed to display only the selected index and diversity.
Lookback Bars: When detecting divergence, you can set how many bars to look back in the past.
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MACDダイバージェンスのサイン＆アラートインジケータです。
このインジケータでは、MACDの中でさらにどの指標のダイバージェンスを見るか選択できます。"MACD"、"Signal"、"ヒストグラム"の3つから選べます。
なお、サブウィンドウには可視性向上のため、選択した指標とダイバージェンスのみを表示する仕様としています。
■設定について
Lookback Bars：ダイバージェンス検出する場合に、何個のバーを過去にさかのぼるか設定できます。
Pro Trading Art - Insider Entry with alertThis indicator is based on volume and ma. This will help you to detect higher volume on chart. You can create alert to stay updated. I am using Fibonacci golden ratio to multiply the current volume. My logic is if volume comes greater than factor of Fibonacci number and current volume then consider it as a insider entry.
KST AlertJust added Alert condition to the default indicator
Default timeframe is set to 15m
Buy signal initiates when kst line crosses over signal line
Sell Signal initiates when kst line crosses under signal line
MACD Strategy AlertThis Indicator will only give you potential entry base on MACD strategy combine with a 200 EMA
-Sell when price under 200 ema and MACD is crossing the signal line above 0
-Buy when price above 200 ema and MACD is crossing the signal line under 0
-Sending Alert for each Potential Entry
OBV+EMA HistogramHistogram of the difference between On Balance Volume and an EMA of the On Balance Volume (OBV + EMA).
Using a 55 EMA, on the daily timeframe of BTC, bull/bear trends occur when the histogram is above/below the zero line respectively.
Divergences also have a notable effect.
-- Added alert conditions when OBV crosses EMA to signal a possible trend change, for bullish and bearish cases.
TPTR_Dynamic_Ratio_CorrelatorThe script provides a way to compute ratio between two indexes (or stocks) of your choice, and paints a "up-arrow" below the first candle where and when the value of the ratio exceeds your threshold of choice.
It also creates a table summarizing the value of your securities, and the value of the ratio below.
The script will also alert you with a message (automatically) when the ratio of your security_1 and security_2 exceeds the ratio.
Percent Change AlertUse for alert setting
1st condition = percent change from close price yesterday > 0
2nd condition = volume today > volume yesterday 30%
if both condition is happened at the same time it will show the signal (Black arrow below bar)
[JL] Stochastic Divergence AlertCompare two cross area:
k is increasing, low is lower and previous k is less than bottom level then it is bottom divergence
k is decrease, high is higher and previous k is more than top level then it is top divergence
With long term moving average(400), seems that Stochastic Divergence is more accurate than RSI Divergence on 1m chart.
Very Long Candlestick Alert 長いローソク足を検出It is an indicator that only detects long candlesticks.
May alert you when the market crashes
Depending on the chart, it may be necessary to adjust the Threshold of the setting
長いローソク足を検出するだけのインジケーターです
相場がクラッシュした時にアラートをならせるかもしれません
チャートによっては設定のThresholdを調整する必要があります
P-Signal Strategy & AlertThanks to your advices I removed in this version something that was not necessary for the strategy but added alert and the chart of the current state of the strategy (white 1 - in trade, 0 - out of trade).
ICHIMOKU Crypto Swing AlertThis is a crypto swing alert for the strategy with the same name designed for timeframes bigger than 1h.
The main components are
ICHOMOKU
KDJ
Average High
Average Low
Rules for entry
For long: we have the ichimoku crosses between tenkan and baselines, we have a rising kdj line and at the same time we have a increase in the average high
For short: we have the ichimoku crosses between tenkan and baselines, we have a falling kdj line and at the same time we have an increase in the average low
Rules for exit
We exit when we have inverse conditions than the initial ones used for entry.
Caution
This strategy does not use a risk management, so be careful with it !
If you have any questions let me know !
