Constructs the trailing ATR stop above or below the price, and switches directions when the source price breaks the ATR stop. Uses the Average Directional Index (ADX) to switch between ATR multipliers. The higher multiplier is used when the ADX is rising, and the lower ATR multiplier is used with the ADX is falling. This ADX criteria further widens the gap between...
Simple indicator to track trailing stops for long positions in intraday trading.
When applied initially shows trailing stop based on previous day close.
When going long go to "Format" and enter
- Buy Price (default - current bar close)
- Stop Range (default - $0.2)
- Time of trade.
Graph will change to reflect stop loss by Stop Range below Buy Price.
This script is for a triple moving average strategy where the user can select from different types of moving averages, price sources, lookback periods and resolutions.
- 3 Moving Averages with variable MA types, periods, price sources, resolutions and the ability to disable each individually.
- Crossovers are plotted on the chart with detailed...
Instantaneous Trendline Strategy by John Ehlers from his book "Cybernetic Analysis for Stocks and Futures".
You can choose implementation of stop-loss. Don't forget to define correct spread for your instrument.
XPloRR MA-Buy ATR-MA-Trailing-Stop Strategy
Long term MA Trailing Stop strategy to beat Buy&Hold strategy
None of the strategies that I tested can beat the long term Buy&Hold strategy. That's the reason why I wrote this strategy.
Purpose: beat Buy&Hold strategy with around 10 trades. 100% capitalize sold trade into new trade.
My buy strategy is triggered by the...
This is an updated version of my previous stop loss script.
I've added a double EMA line and modified the stop as below;
In an uptrend....
1. a yellow dot will appear once it's time to move your stop. The yellow dot will display at the level of the stop loss. Place your stop 1 pip below the dot.
2. The yellow dot will only appear if a new higher low has formed...
Binque's Stop Loss Indicator is a great way to visualize a trailing stop loss based on a percent from the high. i.e. If the high was $10 of a trading day and your stop loss was set at 5% (percent) then your chart would show a small dot 5% below the high of the day. This is a great way to quickly see a trailing stock idea. Change the color to match your back...