ATR Stop-Loss with Fibonacci Take-Profit [jpkxyz]ATR Stop-Loss with Fibonacci Take-Profit Indicator
This comprehensive indicator combines Average True Range (ATR) volatility analysis with Fibonacci extensions to create dynamic stop-loss and take-profit levels. It's designed to help traders set precise risk management levels and profit targets based on market volatility and mathematical ratios.
Two Operating Modes
Default Mode (Rolling Levels)
In default mode, the indicator continuously plots evolving stop-loss and take-profit levels based on real-time price action. These levels update dynamically as new bars form, creating rolling horizontal lines across the chart. I use this mode primarily to plot the rolling ATR-Level which I use to trail my Stop-Loss into profit.
Characteristics:
Levels recalculate with each new bar
All selected Fibonacci levels display simultaneously
Uses plot() functions with trackprice=true for price tracking
Custom Anchor Mode (Fixed Levels)
This is the primary mode for precision trading. You select a specific timestamp (typically your entry bar), and the indicator locks all calculations to that exact moment, creating fixed horizontal lines that represent your actual trade levels.
Characteristics:
Entry line (blue) marks your anchor point
Stop-loss calculated using ATR from the anchor bar
Fibonacci levels projected from entry-to-stop distance
Lines terminate when price breaks through them
Includes comprehensive alert system
Core Calculation Logic
ATR Stop-Loss Calculation:
Stop Loss = Entry Price ± (ATR × Multiplier)
Long positions: SL = Entry - (ATR × Multiplier)
Short positions: SL = Entry + (ATR × Multiplier)
ATR uses your chosen smoothing method (RMA, SMA, EMA, or WMA)
Default multiplier is 1.5, adjustable to your risk tolerance
Fibonacci Take-Profit Projection:
The distance from entry to stop-loss becomes the base unit (1.0) for Fibonacci extensions:
TP Level = Entry + (Entry-to-SL Distance × Fibonacci Ratio)
Available Fibonacci Levels:
Conservative: 0.618, 1.0, 1.618
Extended: 2.618, 3.618, 4.618
Complete range: 0.0 to 4.764 (23 levels total)
Multi-Timeframe Functionality
One of the indicator's most powerful features is timeframe flexibility. You can analyze on one timeframe while using stop-loss and take-profit calculations from another.
Best Practices:
Identify your entry point on execution timeframe
Enable "Custom Anchor" mode
Set anchor timestamp to your entry bar
Select appropriate analysis timeframe
Choose relevant Fibonacci levels
Enable alerts for automated notifications
Example Scenario:
Analyse trend on 4-hour chart
Execute entry on 5-minute chart for precision
Set custom anchor to your 5-minute entry bar
Configure timeframe setting to "4h" for swing-level targets
Select appropriate Fibonacci Extension levels
Result: Precise entry with larger timeframe risk management
Visual Intelligence System
Line Behaviour in Custom Anchor Mode:
Active levels: Lines extend to the right edge
Hit levels: Lines terminate at the breaking bar
Entry line: Always visible in blue
Stop-loss: Red line, terminates when hit
Take-profits: Green lines (1.618 level in gold for emphasis)
Customisation Options:
Line width (1-4 pixels)
Show/hide individual Fibonacci levels
ATR length and smoothing method
ATR multiplier for stop-loss distance
Stoploss
***FOREX PILOT PRO STRATEGY INVITE SCRIPT***This Script Is Purely Created For Forex Trading XAUUSD Pair In 3 Mins Time Frame. This Script Tells When To Buy And Sell With Stop Loss, Take Profit Levels 1, 2 & 3.
Lot Size Calculator (SL Percentage) - Futures ⚠️ IMPORTANT DISCLAIMER
This indicator is provided for educational and informational purposes only. The author assumes no responsibility for any financial losses, code errors, calculation mistakes, or trading decisions based on this tool. Use at your own risk and responsibility. Always manually verify calculations before opening real positions.
Contract size calculations are based on standard full-size futures contracts, not micro contracts (even though micro contracts are supported for identification).
Description
Money management tool for automatic calculation of optimal contract size (lot size) in futures trading. Supports over 50 futures instruments with pre-configured tick sizes and pip values for CME and other exchanges.
Supported Instruments
Currency Futures: 6J, 6E, 6B, 6A, 6C, 6S, 6N
Index Futures: ES, NQ, YM, RTY, MES, MNQ, MYM, M2K, NKD
Energy: CL, NG, HO, RB, QM
Metals: GC, SI, HG, MGC, SIL
Agricultural: ZC, ZS, ZW, HE, LE, ZO, ZR, ZM, ZL
Interest Rates: ZN, ZB, ZT, ZF
Crypto: MBT, MET
Others: VX
Main Parameters
Equity : Total available capital
Risk : Maximum risk percentage per trade
Stop Loss : Percentage distance of stop loss
Risk/Reward Ratio: Ratio to calculate take profit
Entry Price: Entry price (0 = current price)
Stop Loss Modes
Percentage Stop Loss (Use SL in % = ON):
Automatically calculates SL level as percentage from entry price
Example: Entry 100, SL 2% → Long SL at 98, Short SL at 102
Manual Stop Loss (Use SL in % = OFF):
Enter exact stop loss price directly
Greater precision for specific technical levels (support/resistance)
Interactive feature: You can drag the red stop loss line directly on the chart to modify the level in real-time
How to Use
Set equity and risk % according to your trading plan
Choose direction (Long/Short) and stop loss (percentage or price)
Enter entry price (optional)
Read the CONTRACT SIZE in the green table
Verify levels Entry/SL/TP on the graphic lines
Output
Information table with all parameters and highlighted CONTRACT SIZE
Graphic lines: Entry (blue), Stop Loss (red), Take Profit (green)
Configurable alerts with calculated values
Advantages
✅ Automatic calculation of optimal size
✅ Precise tick sizes for each instrument
✅ Systematic risk management
✅ Clear visual interface
✅ Multi-asset support on futures
Warnings
⚠️ Always verify that the instrument is recognized (no orange warning)
⚠️ Manually check calculations before trading
⚠️ Test in demo before using with real money
⚠️ Update regularly for any contract modifications
⚠️ DISCLAIMER IMPORTANTE
Questo indicatore è fornito esclusivamente a scopo educativo e informativo. L'autore non si assume alcuna responsabilità per eventuali perdite finanziarie, errori nel codice, calcoli errati o decisioni di trading basate su questo strumento. L'utilizzo è a proprio rischio e responsabilità. Si raccomanda di verificare sempre manualmente i calcoli prima di aprire posizioni reali.
I calcoli della dimensione del contratto sono basati su contratti futures standard full-size, non micro contratti (anche se i micro contratti sono supportati per l'identificazione).
Descrizione
Strumento di money management per il calcolo automatico della dimensione ottimale del contratto (lot size) nel trading di futures. Supporta oltre 50 strumenti futures con tick size e pip value pre-configurati per mercati CME e altri exchange.
Strumenti Supportati
Currency Futures: 6J, 6E, 6B, 6A, 6C, 6S, 6N
Index Futures: ES, NQ, YM, RTY, MES, MNQ, MYM, M2K, NKD
Energy: CL, NG, HO, RB, QM
Metals: GC, SI, HG, MGC, SIL
Agricultural: ZC, ZS, ZW, HE, LE, ZO, ZR, ZM, ZL
Interest Rates: ZN, ZB, ZT, ZF
Crypto: MBT, MET
Altri: VX
Parametri Principali
Equity : Capitale totale disponibile
Risk : Percentuale massima di rischio per trade
Stop Loss : Distanza percentuale dello stop loss
Risk/Reward Ratio: Rapporto per calcolare il take profit
Entry Price: Prezzo di entrata (0 = prezzo corrente)
Modalità Stop Loss
Stop Loss Percentuale (Use SL in % = ON):
Calcola automaticamente il livello SL come percentuale dal prezzo di entrata
Esempio: Entry 100, SL 2% → SL Long a 98, SL Short a 102
Stop Loss Manuale (Use SL in % = OFF):
Inserisci direttamente il prezzo esatto dello stop loss
Maggiore precisione per livelli tecnici specifici (supporti/resistenze)
Funzione interattiva: Puoi trascinare direttamente la linea rossa dello stop loss sul grafico per modificare il livello in tempo reale
Come Usare
Imposta equity e risk % secondo il tuo piano di trading
Scegli direzione (Long/Short) e stop loss (percentuale o prezzo)
Inserisci entry price (opzionale)
Leggi il CONTRACT SIZE nella tabella verde
Verifica i livelli Entry/SL/TP sulle linee grafiche
Output
Tabella informativa con tutti i parametri e il CONTRACT SIZE evidenziato
Linee grafiche: Entry (blu), Stop Loss (rosso), Take Profit (verde)
Alert configurabile con i valori calcolati
Vantaggi
✅ Calcolo automatico della size ottimale
✅ Tick size precisi per ogni strumento
✅ Risk management sistematico
✅ Interfaccia visiva chiara
✅ Supporto multi-asset su futures
Avvertenze
⚠️ Verifica sempre che lo strumento sia riconosciuto (no warning arancione)
⚠️ Controlla manualmente i calcoli prima di tradare
⚠️ Testa in demo prima dell'uso con denaro reale
⚠️ Aggiorna regolarmente per eventuali modifiche ai contratti
Ultimate_Priceaction_Tool for INTRADAY by Chaitu50cUltimate_Priceaction_Tool for INTRADAY by Chaitu50c
This indicator is crafted for intraday traders who rely on raw price action. It identifies support and resistance zones based on engulfing candle structures and 2-bar breakout formations. These patterns often signal meaningful reversals or momentum-based breakouts.
Key features:
• Real-time support and resistance zone detection
Uses green-to-red and red-to-green candle transitions where open and close levels align within a defined buffer. Also includes logic to capture two-bar breakout patterns that confirm directional conviction.
• Dynamic line behavior
Line width increases as the level holds for more bars, visually representing zone strength. Breakout buffers also expand with time to reduce false signals.
• Session-based resets
At the start of each new session, all zones reset automatically. This ensures only current, relevant intraday structures are shown, reducing clutter and improving focus.
• Dashed zone detection
Within the main high-low range, additional price levels are plotted as dashed lines when qualifying patterns appear. These zones are suppressed if similar ones already exist nearby.
• Fully customizable
Includes adjustable buffer range, breakout margin, dash suppression distance, line width control, and visual styling for both resistance and support zones.
Recommended usage:
This tool is optimized for the 1-minute and 5-minute timeframes. It is best suited for scalpers and intraday traders who depend on breakout reactions, pullback validation, and session structure shifts.
Use it to identify areas of interest, react to price action, and refine intraday decision-making with high precision.
Simple Risk-to-Reward (R) Indicator (TP1–TP2)What this indicator does:
This tool helps traders clearly visualize their risk and reward on any trade by plotting their entry, stop loss, and take-profit (TP) levels directly on the chart. It’s designed to make manual trade planning more visual and systematic.
How it works:
You set your planned entry price, whether you want to plot a Long or Short setup, and your stop-loss distance (in ticks).
The indicator calculates your stop-loss level and automatically plots it on the chart.
It then draws take-profit levels at 1R and 2R (where “R” is your risk, the distance between entry and stop).
You can toggle the TP1 and TP2 lines on or off to suit your preference.
How to use it:
Open the settings and enter your intended entry price.
Select “Long Setup” for a buy trade, or turn it off for a sell/short trade.
Enter your desired stop loss in ticks.
Choose which take-profit levels to display by toggling TP1 and TP2.
The indicator will show entry, stop, and take-profit levels right on your chart so you can easily see your planned risk/reward.
What makes it unique and useful:
This indicator is designed for manual trade planning, giving you full control over your inputs and letting you instantly see your risk/reward on any instrument or timeframe. Unlike some built-in tools, it supports both long and short trades, lets you set all levels manually, and keeps your charts clean and easy to interpret.
Intraday BUY/SELL & AUTO SL (5-min timeframe only) by chaitu50c)Intraday BUY/SELL & AUTO SL (5-min timeframe only) by chaitu50c
This indicator provides intraday traders with BUY/SELL reversal signals and automated SL (Stoploss) tracking, based on a 3-candle reversal block logic — designed to work exclusively on the 5-min timeframe.
Key Features:
• 3-Candle Reversal Logic — Signals are generated when a defined 3-candle reversal pattern is detected (body-close breakout).
• Current Session Only — All signals and SL lines are valid only for the current session and automatically reset at session start.
• BUY/SELL Signal Labels — Visual ▲ and ▼ labels mark valid reversal signals on the chart.
• Dynamic Auto SL Lines — Plots dashed SL lines based on the reversal block's low/high.
• SL HIT Tracking — If SL is broken, the line stops extending and a ‘SL HIT’ label is displayed at the midpoint of the SL line.
• Adjustable Visual Settings — Customize signal label size, SL line width, colors, and more.
• Clean & Lightweight — Optimized for intraday use without cluttering the chart.
How to Use:
You can trade this indicator in two ways:
1. Direct Signal Entry — Take a BUY or SELL trade when a valid ▲/▼ reversal signal forms.
2. SL HIT Re-entry — If an existing SL line is broken and ‘SL HIT’ appears, you can optionally take an opposite side trade in the direction of the SL HIT.
Example:
A BUY signal is generated and an SL line is plotted below.
If price breaks the SL (SL HIT appears), you may consider entering a SELL trade at that point — as it indicates weakness.
Important Notes:
• Works only on 5-min timeframe — Set your chart to 5-min for correct behavior.
• Designed for intraday trading — all signals and SL levels reset at session start.
• Does not carry signals between sessions.
• SL lines and HIT labels provide a clear and simple visual aid for trade management.
---
Risk and Position Sizing📏 Why Position Size Should Be Based on Risk?
Let’s say you are ready to lose 1,000 in a trade. Based on your stop loss level, you can calculate how many shares (or quantity) to buy, so that if the stop hits, you only lose that ₹1,000.
This is called risk-based position sizing. It makes your trade size dynamic — small when SL is wide, bigger when SL is tight. No more random position sizes — just systematic.
Portfolio size is multiplied by the selected risk % to get money risk per trade.
This amount is then used to calculate how many shares can be bought for the given stop-loss.
So chose your portfolio size in settings. Default Portfolio size is 1,00,000 .
You can select your risk % per portfolio in the settings — for example:
0.25% for conservative style
0.5% to 1% for balanced traders
1.25% or 1.5% for aggressive ones (not recommended for beginners)
This script will automatically calculate how much quantity you should buy, for each stop-loss scenario.
📈 Progressive & Inverse-Progressive Risk Styles
Some traders follow progressive position sizing — they start with small risk when the trend is just starting, and increase the risk % as the trend confirms.
Others follow inverse-progressive sizing — they take high risk at early stages of a bull market, and reduce risk as the trend matures (when upside becomes limited).
📌 This script allows you to manually control the risk % in settings, so you can adjust it based on your trading phase and style.
📋 Three SL Scenarios – Choose What Matches Your Style
The table shows three different stop-loss conditions, and for each one it calculates:
Today’s Low – tightest stop loss
Yesterday’s Low – slightly safer, ideal for short-term swing trades
EMA Stop (configurable) – gives more breathing room.
You can visually compare all 3 in the table and choose whichever fits your strategy and comfort.
Also, you can customize:
Theme: dark or light
Font size
Table position (upper/lower corners)
🧠 Designed for traders who take risk management seriously.
Let this script handle the math. You focus on execution.
Happy Trading!
– LensOfChartist
TitanGrid L/S SuperEngineTitanGrid L/S SuperEngine
Experimental Trend-Aligned Grid Signal Engine for Long & Short Execution
🔹 Overview
TitanGrid is an advanced, real-time signal engine built around a tactical grid structure.
It manages Long and Short trades using trend-aligned entries, layered scaling, and partial exits.
Unlike traditional strategy() -based scripts, TitanGrid runs as an indicator() , but includes its own full internal simulation engine.
This allows it to track capital, equity, PnL, risk exposure, and trade performance bar-by-bar — effectively simulating a custom backtest, while remaining compatible with real-time alert-based execution systems.
The concept was born from the fusion of two prior systems:
Assassin’s Grid (grid-based execution and structure) + Super 8 (trend-filtering, smart capital logic), both developed under the AssassinsGrid framework.
🔹 Disclaimer
This is an experimental tool intended for research, testing, and educational use.
It does not provide guaranteed outcomes and should not be interpreted as financial advice.
Use with demo or simulated accounts before considering live deployment.
🔹 Execution Logic
Trend direction is filtered through a custom SuperTrend engine. Once confirmed:
• Long entries trigger on pullbacks, exiting progressively as price moves up
• Short entries trigger on rallies, exiting as price declines
Grid levels are spaced by configurable percentage width, and entries scale dynamically.
🔹 Stop Loss Mechanism
TitanGrid uses a dual-layer stop system:
• A static stop per entry, placed at a fixed percentage distance matching the grid width
• A trend reversal exit that closes the entire position if price crosses the SuperTrend in the opposite direction
Stops are triggered once per cycle, ensuring predictable and capital-aware behavior.
🔹 Key Features
• Dual-side grid logic (Long-only, Short-only, or Both)
• SuperTrend filtering to enforce directional bias
• Adjustable grid spacing, scaling, and sizing
• Static and dynamic stop-loss logic
• Partial exits and reset conditions
• Webhook-ready alerts (browser-based automation compatible)
• Internal simulation of equity, PnL, fees, and liquidation levels
• Real-time dashboard for full transparency
🔹 Best Use Cases
TitanGrid performs best in structured or mean-reverting environments.
It is especially well-suited to assets with the behavioral profile of ETH — reactive, trend-intraday, and prone to clean pullback formations.
While adaptable to multiple timeframes, it shows strongest performance on the 15-minute chart , offering a balance of signal frequency and directional clarity.
🔹 License
Published under the Mozilla Public License 2.0 .
You are free to study, adapt, and extend this script.
🔹 Panel Reference
The real-time dashboard displays performance metrics, capital state, and position behavior:
• Asset Type – Automatically detects the instrument class (e.g., Crypto, Stock, Forex) from symbol metadata
• Equity – Total simulated capital: realized PnL + floating PnL + remaining cash
• Available Cash – Capital not currently allocated to any position
• Used Margin – Capital locked in open trades, based on position size and leverage
• Net Profit – Realized gain/loss after commissions and fees
• Raw Net Profit – Gross result before trading costs
• Floating PnL – Unrealized profit or loss from active positions
• ROI – Return on initial capital, including realized and floating PnL. Leverage directly impacts this metric, amplifying both gains and losses relative to account size.
• Long/Short Size & Avg Price – Open position sizes and volume-weighted average entry prices
• Leverage & Liquidation – Simulated effective leverage and projected liquidation level
• Hold – Best-performing hold side (Long or Short) over the session
• Hold Efficiency – Performance efficiency during holding phases, relative to capital used
• Profit Factor – Ratio of gross profits to gross losses (realized)
• Payoff Ratio – Average profit per win / average loss per loss
• Win Rate – Percent of profitable closes (including partial exits)
• Expectancy – Net average result per closed trade
• Max Drawdown – Largest recorded drop in equity during the session
• Commission Paid – Simulated trading costs: maker, taker, funding
• Long / Short Trades – Count of entry signals per side
• Time Trading – Number of bars spent in active positions
• Volume / Month – Extrapolated 30-day trading volume estimate
• Min Capital – Lowest equity level recorded during the session
🔹 Reference Ranges by Strategy Type
Use the following metrics as reference depending on the trading style:
Grid / Mean Reversion
• Profit Factor: 1.2 – 2.0
• Payoff Ratio: 0.5 – 1.2
• Win Rate: 50% – 70% (based on partial exits)
• Expectancy: 0.05% – 0.25%
• Drawdown: Moderate to high
• Commission Impact: High
Trend-Following
• Profit Factor: 1.5 – 3.0
• Payoff Ratio: 1.5 – 3.5
• Win Rate: 30% – 50%
• Expectancy: 0.3% – 1.0%
• Drawdown: Low to moderate
Scalping / High-Frequency
• Profit Factor: 1.1 – 1.6
• Payoff Ratio: 0.3 – 0.8
• Win Rate: 80% – 95%
• Expectancy: 0.01% – 0.05%
• Volume / Month: Very high
Breakout Strategies
• Profit Factor: 1.4 – 2.2
• Payoff Ratio: 1.2 – 2.0
• Win Rate: 35% – 60%
• Expectancy: 0.2% – 0.6%
• Drawdown: Can be sharp after failed breakouts
🔹 Note on Performance Simulation
TitanGrid includes internal accounting of fees, slippage, and funding costs.
While its logic is designed for precision and capital efficiency, performance is naturally affected by exchange commissions.
In frictionless environments (e.g., zero-fee simulation), its high-frequency logic could — in theory — extract substantial micro-edges from the market.
However, real-world conditions introduce limits, and all results should be interpreted accordingly.
Stop Hunt Indicator ║ BullVision 🧠 Overview
The Stop Hunt Indicator (SmartTrap Radar) is an original tool designed to identify potential liquidity traps caused by institutional stop hunts. It visually maps out historically significant levels where price has repeatedly reversed or rejected — and dynamically detects real-time sweep patterns based on volume, structure, and candle rejection behavior.
This script does not repurpose existing public indicators, nor does it use default TradingView built-ins such as RSI, MACD, or MAs. Its core logic is fully proprietary and was developed from scratch to support discretionary and data-driven traders in visualizing volatility risks and manipulation zones.
🔍 What the Indicator Does
This indicator identifies and visualizes potential stop hunt zones using:
Historical structure analysis: Swing highs/lows are identified via a configurable lookback period.
Liquidity level tracking: Once detected, levels are monitored for touches, age, and volume strength.
Proprietary scoring model: Each level receives a real-time significance score based on:
Age (how long the level has held)
Number of rejections (touches)
Relative volume strength
Proximity to current price
The glow intensity of plotted levels is dynamically mapped based on this score. Bright glow = higher institutional interest probability.
⚙️ Stop Hunt Detection Logic
A stop hunt is flagged when all of the following are met:
Price sweeps through a high/low beyond a user-defined penetration threshold
Wick rejection occurs (i.e., candle closes back inside the level)
Volume spikes above the average in a recent window
The script automatically:
Detects bullish stop hunts (below support) and bearish ones (above resistance)
Marks detected sweeps on-chart with optional 🔰/🚨 signals
Adjusts glow visuals based on score even after the sweep occurs
These sweeps often precede local reversals or high-volatility zones — this is not predictive, but rather a reactive mapping of market manipulation behavior.
📌 Why This Is Not Just Another Liquidity Tool
Unlike typical liquidity heatmaps or S/R indicators, this script includes:
A proprietary significance score instead of fixed rules
Multi-layer glow rendering to reflect level importance visually
Real-time scoring updates as new volume and touches occur
Combined volume × rejection × structure logic to validate stop hunts
Fully customizable detection logic (lookback, wick %, volume filters, max bars, etc.)
This indicator provides a specialized view focused solely on visualizing trap setups — not generic trend signals.
🧪 Usage Recommendations
To get started:
Add the indicator to your chart (volume-enabled instruments only)
Customize detection:
Lookback Period for structure
Penetration % for how far price must sweep
Volume Spike Multiplier
Wick rejection strength
Enable/disable features:
Glow effects
Hunt markers
Score labels
Volume highlights
Watch for:
🔰 Bullish Sweeps (below support)
🚨 Bearish Sweeps (above resistance)
Bright glowing zones = high-liquidity targets
This tool can be used for both confluence and risk assessment, especially around high-impact sessions, liquidation events, or range extremes.
📊 Volume Dependency Notice
⚠️ This indicator requires real volume data to function correctly. On instruments without volume (e.g., synthetic pairs), certain features like spike detection and scoring will be disabled or inaccurate.
🔐 Closed-Source Disclosure
This script is published as invite-only to protect its proprietary scoring, glow mapping, and detection logic. While the full implementation remains confidential, this description outlines all key mechanics and configurable logic for user transparency.
Realtime ATR-Based Stop Loss Numerical OverlayRealtime ATR-Based Stop Loss Numerical Overlay
A simple, effective tool for dynamic risk management based on ATR (Average True Range) without adding cluttered and distracting lines all over your chart.
📌 Description
This script plots a real-time stop loss level using the Average True Range (ATR) on your chart, helping you set consistent, volatility-based stops. It supports both:
✅ Current chart timeframe
✅ Custom fixed timeframe inputs (1m, 5m, 15m, 1h, etc.)
The stop level is calculated as:
Stop = ATR × Multiplier
and updates in real-time. An overlay table displays on the bottom-right of your chart with the calculated stop value in a clean, simple way.
⚙️ Settings
ATR Timeframe Source:
Choose between using the current chart's timeframe or a fixed one (e.g. 5, 15, 60, D, etc).
ATR Length:
Period used to calculate the ATR (default is 14).
Stop Loss Multiplier:
Multiplies the ATR value to define your stop (e.g., 1.5 × ATR).
Wait for Timeframe Closes:
If enabled, the ATR value waits for the selected timeframe’s candle to close before updating. If unselected, it will update in real time.
🛠️ How to Use
Add this script to your chart from your indicators list.
Configure your desired timeframe, ATR length, and multiplier in the settings panel.
Use the value shown in the table overlay as your suggested stop loss distance from entry.
Adjust your position sizing accordingly to fit your risk tolerance.
This tool is especially useful for traders looking for adaptive risk management that evolves with market volatility — whether scalping intraday or swing trading.
💡 Pro Tip
The ATR stop can also be used to dynamically trail your stop behind price movement.
Risk ModuleRisk Module
This indicator provides a visual reference to determine position sizing and approximate stop placement. It is designed to support trade planning by calculating equalized risk per trade based on a stop distance derived from volatility. The tool offers supportive reference points that allow for quick evaluation of risk and position size consistency across varying markets.
Equalized Risk Per Trade
The indicator calculates the number of shares that can be traded to maintain consistent monetary risk. The formula is based on the distance between the current price and the visual stop reference, adjusting the position size proportionally.
Position Size = Dollar Risk / (Entry Price – Stop Price)
The risk is calculated as a percentage of account size; both of which can be set in the indicator’s settings tab. This creates a consistent risk exposure across trades regardless of volatility or structural stop distance.
Stop Placement Reference
The visual stop reference is derived from the Average True Range (ATR), providing a volatility-based anchor. The default value is set to 2 × ATR, but this can be customized.
Price Model: Uses the current price ± ATR × multiplier. This model reacts to price movement and is set as the default option.
EMA Model: Uses the 20-period EMA ± ATR × multiplier. This model is less reactive and can be an option when used in combination with an envelope indicator.
Chart Elements
Stop Levels: Plotted above and below either the current price or EMA, depending on the selected model. These serve as visual reference points for stop placement; the lower level a sell stop for long trades, the upper level a buy stop for short trades.
Information Table: Displays the number of shares to trade, stop level and percentage risk. A compact mode is available to reduce the table to essential information (H/L and Shares).
Settings Overview
Stop Model: Choose between “Price” or “EMA” stop calculation logic.
ATR Multiplier: Change the distance between price/EMA and the stop reference.
Account Size / Risk %: These risk parameters are used to calculate dollar risk per trade.
Visible Bars: Number of recent bars to show stop markers on.
Compact Mode: Minimal table view for reduced chart footprint.
Table Position / Size: Controls table placement and scale on the chart.
Position Size CalculatorPosition Size Calculator - User Guide
A simple tool to calculate optimal position size based on your risk preferences, visualize trade levels, and automatically determine trade direction.
Introduction
The Position Size Calculator is a TradingView indicator designed to help traders calculate the optimal position size for their trades based on account size and risk tolerance. This tool visually represents entry, stop loss, and take profit levels while automatically calculating the appropriate position size to maintain consistent risk management.
Getting Started
Setting Up Your Account Parameters
Setting Price Levels
Understanding the Visual Elements
Adjusting Your Trade on the Chart
Reading the Information Panel
1. Getting Started
After adding the indicator to your chart, you'll see three horizontal lines representing:
Yellow line: Entry price
Green line: Take profit price
Red line: Stop loss price
The indicator automatically detects whether you're planning a Long or Short trade based on the position of your take profit relative to your entry.
2. Setting Up Your Account Parameters
In the "Position Calculator" settings group:
Account Size : Enter your total account balance
Account Currency : Set your account currency (USD, EUR, etc.)
Risk (%) : Enter the percentage of your account you're willing to risk per trade (e.g., 2%)
Instrument Type : Select your trading instrument (Forex, Futures, Stocks, or Crypto)
Value per 0.01 lot per tick : Enter the value of 0.01 lots per tick (for most Forex pairs, this is $1 per pip for 0.01 lot)
Minimum Lot Size : Set the minimum lot size allowed by your broker (usually 0.01 for Forex)
3. Setting Price Levels
In the "Price Levels" section:
Entry Price : The price at which you plan to enter the trade
Stop Loss Price : Where you'll exit if the trade goes against you
Take Profit Price : Your target price where you'll take profits
If you set Entry Price to 0, it will default to the current price. If Stop Loss or Take Profit are set to 0, they'll default to 5% below or above entry price respectively.
4. Understanding the Visual Elements
Yellow line : Your entry price
Green line : Your take profit level
Red line : Your stop loss level
Green zone : The profit zone (between entry and take profit)
Red zone : The loss zone (between entry and stop loss)
Information panel : Shows all calculations and trade details
5. Adjusting Your Trade on the Chart
The beauty of this tool is its interactivity:
You can drag any of the lines directly on the chart to adjust entry, stop loss, or take profit
If you drag the take profit above the entry , the indicator automatically sets up for a Long trade
If you drag the take profit below the entry , it automatically configures for a Short trade
All calculations and visuals update in real-time as you adjust the lines
This means you can quickly test different scenarios and see how they affect your position size and potential profit/loss.
6. Reading the Information Panel
The information panel displays:
Account details : Your account size and currency
Risk information : Your percentage risk and the equivalent monetary amount
Position Size : The optimal lot size calculated based on your risk parameters
Price levels : Entry, Stop Loss, and Take Profit with distances in ticks
Risk/Reward ratio : Shown as 1:X (where X is the reward relative to 1 unit of risk)
Potential outcomes : The exact amount you stand to gain or lose on this trade
Trade direction : Whether this is a Long or Short trade
Visual Settings
You can customize the appearance in the "Visual" settings group:
Adjust colors for profit and loss zones
Change the transparency of colored zones
Toggle the filling of spaces between lines
Adjust how far the lines extend beyond the last candle
Practical Tips
Always double-check your "Value per 0.01 lot per tick" setting for the specific instrument you're trading
For Forex major pairs, the standard is usually $1 per pip for 0.01 lots
For other instruments, consult your broker's specifications
The indicator works best when you place your stop loss at a logical market level (support/resistance, swing high/low) rather than a fixed percentage
Final Thoughts
This Position Size Calculator helps remove emotion from your trading by objectively calculating your position size based on your predefined risk parameters. It ensures that you maintain consistent risk across all your trades, regardless of the stop loss distance, which is a key component of successful risk management.
Remember: The most important goal in trading is capital preservation. This tool helps you ensure that each trade risks only what you've decided is acceptable for your trading strategy.
Strong Trend Bars (ATR-based)This is a ChatGPT pinescript meant as an indicator for detecting strength in the market. The primary function I use it for is to decide which bars to trail a stop loss beneath.
💥 Explanation of adjustable inputs:
Bull Close Threshold (default 0.6):
If set to 0.6, bull bars must close above 60% of bar height → low + 0.6 * barHeight
Bear Close Threshold (default 0.6):
If set to 0.6, bear bars must close below 40% of bar height → high - 0.6 * barHeight
This lets you experiment with tighter or looser filters. For example:
0.7 → only bars closing near the extremes will light up
0.5 → about midpoint
0.8 → very demanding, “almost full body” bars
Fibonacci + TP/SL Strategy [Backtest]✅ Key Features Added and Adjusted:
Fibonacci Retracement Levels:
Automatically calculated based on the last 100 bars' high/low
Plotted levels: 0%, 23.6%, 38.2%, 50%, 61.8%, 78.6%, 100%
Extension targets: 161.8%, 261.8%, 423.6%
Buy/Sell Signal Logic:
Buy: Price is between 78.6% and 38.2% levels
Sell: Price is between 61.8% and 23.6% levels
Both depend on a can_trade time filter to avoid overtrading
ATR-based Stop-Loss:
Stop-loss dynamically adapts to market volatility:
SL = Entry - ATR * 1.5 (long)
SL = Entry + ATR * 1.5 (short)
Fixed Take-Profit:
Configurable via input: default is 4%
Can be changed in TradingView UI
Golden/Death Cross Indicator (Visual Only):
EMA 50 crossing EMA 200 plotted on chart:
Golden Cross = Buy signal (green triangle)
Death Cross = Sell signal (red triangle)
Weekly Profit Cap:
Prevents new trades if weekly profit exceeds 15%
Resets at the start of every week
Visual Elements:
All Fibonacci levels are plotted
Buy/Sell signals are labeled on the chart (BUY, SELL)
Breakout Patterns Detector: Triangle & Wedge [Splirus]This indicator identifies Breakout Patterns such as Ascending Triangles , Descending Triangles , Symmetric Triangles , Ascending Wedges , and Descending Wedges , using candlestick charts and Trendlines. It provides visual cues, stop-loss (SL), and take-profit (TP) levels, alongside a detailed dashboard to evaluate performance. The indicator supports two alert modes: Manual Mode for trader notifications and Bot Mode for automated trading signals.
To achieve optimal results, users are encouraged to experiment with indicator parameters and analyze the dashboard summary to find the perfect configuration for each timeframe, pair, and market condition.
Pattern Identification
The indicator detects the following breakout patterns based on pivot highs and lows:
Ascending Triangle : Flat upper trendline, rising lower trendline.
Descending Triangle : Flat lower trendline, declining upper trendline.
Symmetric Triangle : Converging trendlines with similar slopes (within a user-defined threshold).
Ascending Wedge : Both trendlines slope upward, converging.
Descending Wedge : Both trendlines slope downward, converging.
Patterns are identified using configurable left and right bars for small and big patterns, with slope thresholds normalized by ATR. A trend confirmation filter ensures breakouts align with market direction, and users can adjust breakout confirmation bars to validate signals.
The goal is to fine-tune these settings to suit specific timeframes and pairs, as each combination may require a unique setup for optimal performance.
Stop-Loss Calculation
Stop-loss levels are calculated dynamically based on pattern type and breakout direction:
Symmetric Triangle : SL is set at the first pivot of the opposite trendline, adjusted by a buffer percentage.
Ascending/Descending Triangle : SL is placed at the breakout trendline’s price, plus the buffer.
Ascending/Descending Wedge : SL is set at the second pivot of the opposite trendline, adjusted by the buffer.
The indicator calculates leverage based on a user-defined risk tolerance percentage. Users should adjust the SL buffer and risk tolerance to balance risk and reward, monitoring the dashboard to assess how these settings impact performance across different timeframes and pairs.
Take-Profit Calculation
Three take-profit levels ( TP1 , TP2 , TP3 ) are calculated using pattern height and user-defined multipliers:
For Ascending/Descending Triangles, height is the difference between the max and min prices within the pattern.
For Symmetric Triangles and Wedges, height is the vertical distance between trendlines at the pattern’s start.
TP levels are set as:
TP1 = Breakout price ± (Height × TP1 Multiplier).
TP2 = Breakout price ± (Height × TP2 Multiplier).
TP3 = Breakout price ± (Height × TP3 Multiplier, with a 1.5x adjustment for Wedges).
Experiment with TP multipliers to optimize the risk-reward ratio, using the dashboard to evaluate TP hit rates and overall profitability for each configuration.
Symmetric Triangle:
Ascending/Descending Wedge:
Ascending/Descending Triangles:
Finding the Perfect Configuration
The indicator’s dashboard provides a comprehensive summary of performance metrics, including total trades, TP1/TP2/TP3 hits, SL hits, profit/loss percentages, and win rates for bullish, bearish, and combined trades. These metrics are crucial for identifying the ideal parameter settings:
Timeframe and Pair Variability : Each timeframe (e.g., 15m, 30min, 1H, 4H, Daily) and pair (e.g., BTC/USD, EUR/USD) behaves differently. Adjust parameters like left/right bars, minimum pattern length, and breakout confirmation bars to match the volatility and trend characteristics of the chosen pair and timeframe.
Parameter Tuning : Modify slope thresholds, trend confirmation filters, and bars inside the pattern to filter out false breakouts. For example, a higher breakout confirmation bar setting may reduce signals but increase reliability on longer timeframes.
Dashboard Analysis : Focus on the dashboard’s win rate, profit/loss ratio, and TP/SL hit frequencies. A “Perfect” win rate (>66%) or high TP hit rate indicates a strong configuration. If the SL hit rate is high, consider tightening the trend confirmation filter or increasing the SL buffer.
Iterative Testing : Test different combinations of settings (e.g., small vs. big patterns, aggressive vs. conservative breakout confirmation) and compare dashboard results over time. The goal is to find a balance where the indicator consistently delivers high win rates and profitability for your specific trading setup.
Alert Modes
The indicator supports two alert modes to suit different trading styles:
Manual Mode : Generates alerts for breakouts with entry price, SL, TP1/TP2/TP3, and leverage, tailored for Crypto or Forex markets. Use this mode to manually evaluate signals while refining configurations.
Bot Mode : Sends automated trading signals. To avoid conflicts, Bot Mode ensures no short position alert is triggered while a long position is active, and vice versa. This mode is ideal once you’ve identified an optimal configuration via the dashboard.
Additional Features
Historical Patterns : Displays past trendlines with customizable transparency and extension, helping users analyze how patterns performed under different settings.
Customizable Settings : Adjust pattern size, breakout confirmation, trend filters, and visual preferences (colors, dashboard location) to match your trading style.
Market Compatibility : Supports Crypto and Forex markets across all timeframes, but requires careful tuning for each market type.
Usage Notes
Start with default settings and monitor the dashboard to establish a baseline performance for your chosen timeframe and pair.
Gradually adjust one parameter at a time (e.g., left/right bars, TP multipliers) and compare dashboard results to identify improvements.
Use historical pattern analysis to understand how past breakouts performed under different configurations, guiding your optimization process.
Once a high win rate and profitability are achieved, consider automating trades with Bot Mode for consistent execution.
Disclaimer
This indicator is intended for educational purposes only and should not be considered financial advice. Trading involves significant risk, and past performance is not indicative of future results. Users are strongly advised to thoroughly test and validate the indicator’s signals in a demo environment before using it in live trading. The author is not responsible for any financial losses incurred while using this indicator. Always conduct your own research and consult with a qualified financial advisor before making trading decisions.
ATR Stop-Loss & TargetsATR and Supertrend-based SL/TP & Trailing System
This indicator combines Average True Range (ATR) and Supertrend logic to help traders define precise stop-loss, first target, and trailing stop-loss (TSL) levels.
⚙️ Key Features:
📏 ATR-based Stop-Loss & Target Lines:
Uses ATR (default period: 5) based on the previous day's candle for more stable risk management.
Traders can choose the price source: Close, Open, or enter a manual price.
SL and first target are calculated using multipliers:
Multiplier 1 = Stop Loss
Multiplier 2 = First Target
📉 Supertrend for Trailing Stop:
Built-in Supertrend logic for trailing stop-loss management.
Uses ATR(10) with a multiplier of 2.1, based on HL2.
Supertrend can be toggled ON/OFF from the settings.
PROFIT ZONE PRO Profit Zone Pro:
ProfitZone Pro is a risk-reward indicator that helps traders identify trade setups, manage risk, and set profit targets. Designed for simplicity, this free tool generates entry, stop-loss, and take-profit levels based on support and resistance, Trailing Stoploss and built in automated alerts, with additional features to enhance trade planning, Along with a learning mode based on successful trades made
Features
Trade Setup Identification: Detects potential buy (long) or sell (short) entries using support and resistance levels, with an optional trend filter based on a 50-period SMA.
Risk-Reward Zones: Displays entry (yellow), stop-loss (red), and take-profit (green) levels, with shaded risk (red) and reward (green) zones.
Position Sizing: Calculates position size based on user-defined risk percentage and account balance.
Breakeven and Trailing Stop: Includes a breakeven feature to move the stop-loss to the entry price at a user-defined percentage of the take-profit distance, and an optional trailing stop to lock in profits.
Confidence Score: Provides a volatility-based confidence score (0-100%) to assess setup reliability.
Learning Adjustment: Adjusts stop-loss distances based on the number of successful trades entered by the user.
Info Label: Shows position size, risk, reward, direction, confidence score, ATR, trend direction (if enabled), and trailing stop status.
Alerts: Sends notifications for entry, stop-loss, take-profit, breakeven, trailing stop, and theme changes.
Customizable Display: Offers options for zone opacity, line styles (solid, circles, dotted), zone labels, and color themes (Light, Dark, Custom).
Long Mode Feature:
Short Mode Feature:
Trend Filter Feature:
Auto Trading Mode:
Usage Instructions
Add the indicator to your chart.
Adjust settings in the indicator’s properties:
Set Risk % of Account and Account Balance to define your risk and position size.
Choose Trade Direction (Auto, Long, or Short) to filter setups.
Enable Trend Filter to align trades with the market trend.
Turn on Trailing Stop and set Trailing Stop % of Reward to lock in profits.
Customize visuals (zone opacity, line style, colors) as needed.
Monitor the chart for entry (yellow), stop-loss (red), and take-profit (green) levels.
Use the info label to view position size, risk, reward, confidence score, and other details.
Set alerts for entry, stop-loss, take-profit, breakeven, and trailing stop events.
After a successful trade, increment Number of Successful Trades to adjust future stop-loss distances.
This Script is to help you have a better idea on those famous questions we ask ourselves:
Entry
Take Profit
Stoploss
The confidence score, R:R calculator, Trend Filter, Learning Mode further helps to zone in on accuracy
Happy Trading
- EZ ALGO
Crypto Strategy SUSDT 10 minThis strategy is designed to trade the **SUSDT** pair on a **10-minute time frame**, using a combination of an Exponential Moving Average (EMA) and percentage-based Stop Loss (SL) and Take Profit (TP) levels.
### How the strategy works:
1. **EMA Calculation**:
- The strategy calculates a 24-period Exponential Moving Average (EMA) based on the closing price.
- This EMA serves as the primary trend indicator.
2. **Entry Conditions**:
- **Long Position**: A long position is entered when the closing price is above the EMA and the opening price is below the EMA. This indicates a potential upward trend.
- **Short Position**: A short position is entered when the closing price is below the EMA and the opening price is above the EMA. This indicates a potential downward trend.
3. **Stop Loss and Take Profit**:
- Both Stop Loss (SL) and Take Profit (TP) are calculated based on the entry price of the position.
- **For Long Positions**:
- Stop Loss is set as a percentage below the entry price.
- Take Profit is set as a percentage above the entry price.
- **For Short Positions**:
- Stop Loss is set as a percentage above the entry price.
- Take Profit is set as a percentage below the entry price.
- The percentage values for SL and TP can be adjusted in the strategy's settings (default: SL = 2%, TP = 4%).
4. **Exit Conditions**:
- The position is closed automatically when either the Stop Loss or Take Profit level is reached.
5. **Visualization**:
- The 24-period EMA is plotted on the chart as a blue line, helping visualize the trend direction.
### Key Features:
- **Pair and Time Frame**: The strategy is optimized for the SUSDT pair on a 10-minute time frame.
- **Customizable Parameters**: Users can adjust the Stop Loss and Take Profit percentages to suit their risk tolerance and trading style.
- **Trend-Following Approach**: The strategy uses the EMA to identify and follow the current market trend.
This strategy is simple yet effective for capturing trends while managing risk through predefined Stop Loss and Take Profit levels.
Stop/Take BoundsThe Stop/Take Bounds indicator is tool for setting dynamic stop-loss and take-profit levels based on percentage distance from the price. Unlike traditional ATR-based methods, this indicator allows traders to set stop levels as a fixed percentage of the price and define the take-profit multiple.
- Stop-loss distanceis determined as a percentage of the current price (e.g., 1% means the stop-loss is always 1% away from the price).
- Take-profit distance is calculated by multiplying the stop-loss distance by a user-defined multiplier (e.g., a multiplier of 2 places the take-profit level twice as far as the stop-loss).
- The indicator plots red lines for stop-loss levels and green lines for take-profit levels, making it easy to visualize risk-to-reward scenarios.
How to Use
1. Set Stop-Loss Distance (%) – Define how far the stop-loss should be from the price.
2. Set Take-Profit Multiplier – Choose how many times larger the take-profit should be compared to the stop-loss.
3. Apply to Long and Short Trades – The indicator automatically plots levels for both long and short positions.
4. Use in Manual or Algorithmic Trading – Ideal for discretionary traders as well as for integration into algorithmic strategies.
Use Cases
- Risk Management – Helps maintain disciplined risk-to-reward ratios.
- Strategy Development – Can be used in the creation of algorithmic trading systems.
- Trailing Stop Simulation – Can act as a trailing stop mechanism when used dynamically.
This indicator is a great addition to any trading strategy!
Liquidations Levels [RunRox]📈 Liquidation Levels is an indicator designed to visualize key price levels on the chart, highlighting potential reversal points where liquidity may trigger significant price movements.
Liquidity is essential in trading - price action consistently moves from one liquidity area to another. We’ve created this free indicator to help traders easily identify and visualize these liquidity zones on their charts.
📌 HOW IT WORKS
The indicator works by marking visible highs and lows, points widely recognized by traders. Because many traders commonly place their stop-loss orders beyond these visible extremes, significant liquidity accumulates behind these points. By analyzing trading volume and visible extremes, the indicator estimates areas where clusters of stop-loss orders (liquidity pools) are likely positioned, giving traders valuable insights into potential market moves.
As shown in the screenshot above, the price aggressively moved toward Sell-Side liquidity. After sweeping this liquidity level for the second time, it reversed and began targeting Buy-Side liquidity. This clearly demonstrates how price moves from one liquidity pool to another, continually seeking out liquidity to fuel its next directional move.
As shown in the screenshot, price levels with fewer anticipated trader stop-losses are indicated by less vibrant, faded colors. When the lines become more saturated and vivid, it signals that sufficient liquidity - in the form of clustered stop-losses has accumulated, potentially attracting price movement toward these areas.
⚙️ SETTINGS
🔹 Period – Increasing this setting makes the marked highs and lows more significant, filtering out minor price swings.
🔹 Low Volume – Select the color displayed for low-liquidity levels.
🔹 High Volume – Select the color displayed for high-liquidity levels.
🔹 Levels to Display – Choose between 1 and 15 nearest liquidity levels to be shown on the chart.
🔹 Volume Sensitivity – Adjust the sensitivity of the indicator to volume data on the chart.
🔹 Show Volume – Enable or disable the display of volume values next to each liquidity level.
🔹 Max Age – Limits displayed liquidity levels to those not older than the specified number of bars.
✅ HOW TO USE
One method of using this indicator is demonstrated in the screenshot above.
Price reached a high-liquidity level and showed an initial reaction. We then waited for a second confirmation - a liquidity sweep followed by a clear market structure break - to enter the trade.
Our target is set at the liquidity accumulated below, with the stop-loss placed behind the manipulation high responsible for the liquidity sweep.
By following this approach, you can effectively identify trading opportunities using this indicator.
🔶 We’ve made every effort to create an indicator that’s as simple and user-friendly as possible. We’ll continue to improve and enhance it based on your feedback and suggestions in the future.
Wick Size in USD with 10-Bar AverageWick Size in USD with 10-Bar Average
Version: 1.0
Author: QCodeTrader
🔍 Overview
This indicator converts the price wicks of your candlestick chart into USD values based on ticks, providing both raw and smoothed data via a 10-bar simple moving average. It helps traders visualize the monetary impact of price extremes, making it easier to assess volatility, potential risk, and plan appropriate stop loss levels.
⚙️ Key Features
Tick-Based Calculation:
Converts wick sizes into ticks (using a fixed tick size of 0.01, typical for stocks) and then into USD using a customizable tick value.
10-Bar Moving Average:
Smooths out the wick values over the last 10 bars, giving you a clearer view of average wick behavior.
Bullish/Bearish Visual Cues:
The chart background automatically highlights bullish candles in green and bearish candles in red for quick visual assessment.
Stop Loss Optimization:
The indicator highlights long wick sizes, which can help you set more accurate stop loss levels. Even when the price moves in your favor, long wicks may indicate potential reversals—allowing you to account for this risk when planning your stop losses.
User-Friendly Customization:
Easily adjust the USD value per tick through the settings to tailor the indicator to your specific instrument.
📊 How It Works
Wick Calculation:
The indicator calculates the upper and lower wicks by measuring the distance between the candle’s high/low and its body (open/close).
Conversion to Ticks & USD:
These wick sizes are first converted from price points to ticks (dividing by a fixed tick size of 0.01) and then multiplied by the user-defined tick value to convert the measurement into USD.
Smoothing Data:
A 10-bar simple moving average is computed for both the upper and lower wick values, providing smoothed data that helps identify trends and deviations.
Visual Representation:
Columns display the raw wick sizes in USD.
Lines indicate the 10-bar moving averages.
Background Color shifts between green (bullish) and red (bearish) based on candle type.
⚡ How to Use
Add the Indicator:
Apply it to your chart to begin visualizing wick sizes in monetary terms.
Customize Settings:
Adjust the Tick Value in USD in the settings to match your instrument’s tick value.
(Note: The tick size is fixed at 0.01, which is standard for many stocks.)
Optimize Your Stop Loss:
Analyze the raw and averaged wick values to understand volatility. Long wicks—even when the price moves in your favor—may indicate potential reversals. This insight can help you set more accurate stop loss levels to protect your gains.
Analyze:
Use the indicator’s data to gauge market volatility and assess the significance of price movements, aiding in more informed trading decisions.
This indicator is perfect for traders looking to understand the impact of extreme price movements in monetary terms, optimize stop loss levels, and effectively manage risk across stocks and other instruments with similar tick structures.
Price Action Trend and Margin EquityThe Price Action Trend and Margin Equity indicator is a multifunctional market analysis tool that combines elements of money management and price pattern analysis. The indicator helps traders identify key price action patterns and determine optimal entry, exit and stop loss levels based on the current trend.
The main components of the indicator:
Money Management:
Allows the trader to set risk management parameters such as the percentage of possible loss on the position, the use of fixed leverage and the total capital.
Calculates the required leverage level to achieve a specified percentage of loss.
Price Action:
Correctly identifies various price patterns such as Pin Bar, Engulfing Bar, PPR Bar and Inside Bar.
Displays these patterns on the chart with the ability to customize candle colors and display styles.
Allows the trader to customize take profit and stop loss points to display them on the chart.
The ability to display patterns only in the direction of the trend.
Trend: (some code taken from ChartPrime)
Uses a trend cloud to visualize the current market direction.
The trend cloud is displayed on the chart and helps traders determine whether the market is in an uptrend or a downtrend.
Alert:
Allows you to set an alert that will be triggered when the pattern is formed.
Example of use:
Let's say a trader uses the indicator to trade the crypto market. He sets the money management parameters, setting the maximum loss per position to 5% and using a fixed leverage of 1:100. The indicator automatically calculates the required position size to meet these parameters ($: on the label). Or displays the leverage (X: on the label) to achieve the required risk.
The trader receives an alert when a Pin Bar is formed. The indicator displays the entry, exit, and stop loss levels based on this pattern. The trader opens a position for the recommended amount in the direction indicated by the indicator and sets the stop loss and take profit at the recommended levels.
General Settings:
Position Loss Percentage: Sets the maximum loss percentage you are willing to take on a single position.
Use Fixed Leverage: Enables or disables the use of fixed leverage.
Fixed Leverage: Sets the fixed leverage level.
Total Equity: Specifies the total equity you are using for trading. (Required for calculation when using fixed leverage)
Turn Patterns On/Off: You can turn on or off the display of various price patterns such as Pin Bar, Outside Bar (Engulfing), Inside Bar, and PPR Bar.
Pattern Colors: Sets the colors for displaying each pattern on the chart.
Candle Color: Allows you to set a neutral color for candles that do not match the price action.
Show Lines: Allows you to turn on or off the display of labels and lines.
Line Length: Sets the length of the stop, entry, and take profit lines.
Label color: One color for all labels (configured below) or the color of the labels in the color of the candle pattern.
Pin entry: Select the entry point for the pin bar: candle head, bar close, or 50% of the candle.
Coefficients for stop and take lines.
Use trend for price action: When enabled, will show price action signals only in the direction of the trend.
Display trend cloud: Enables or disables the display of the trend cloud.
Cloud calculation period: Sets the period for which the maximum and minimum values for the cloud are calculated. The longer the period, the smoother the cloud will be.
Cloud colors: Sets the colors for uptrends and downtrends, as well as the transparency of the cloud.
The logic of the indicator:
Pin Bar is a candle with a long upper or lower shadow and a short body.
Logic: If the length of one shadow is twice the body and the opposite shadow of the candle, it is considered a Pin Bar.
An Inside Bar is a candle that is completely engulfed by the previous candle.
Logic: If the high and low of the current candle are inside the previous candle, it is an Inside Bar.
An Outside Bar or Engulfing is a candle that completely engulfs the previous candle.
Logic: If the high and low of the current candle are outside the previous candle and close outside the previous candle, it is an Outside Bar.
A PPR Bar is a candle that closes above or below the previous candle.
Logic: If the current candle closes above the high of the previous candle or below its low, it is a PPR Bar.
Stop Loss Levels: Calculated based on the specified ratios. If set to 1.0, it shows the correct stop for the pattern by pushing away from the entry point.
Take Profit Levels: Calculated based on the specified ratios.
Create a Label: The label is created at the stop loss level and contains information about the potential leverage and loss.
The formula for calculating the $ value is:
=(Total Capital x (Maximum Loss Percentage on Position/100)) / (Difference between Entry Level and Stop Loss Level × Ratio that sets the stop loss level relative to the length of the candlestick shadow × Fixed Leverage Value) .
Labels contain the following information:
The percentage of price change from the recommended entry point to the stop loss level.
Required Leverage (X: ): The amount of leverage required to achieve the specified loss percentage. (Or a fixed value if selected).
Required Capital ($: ): The amount of capital required to open a position with the specified leverage and loss percentage (only displayed when using fixed leverage).
The trend cloud identifies the maximum and minimum price values for the specified period.
The cloud value is set depending on whether the current price is equal to the high or low values.
If the current closing price is equal to the high value, the cloud is set at the low value, and vice versa.
RU
Индикатор "Price Action Trend and Margin Equity" представляет собой многофункциональный инструмент для анализа рынка, объединяющий в себе элементы управления капиталом и анализа ценовых паттернов. Индикатор помогает трейдерам идентифицировать ключевые прайс экшн паттерны и определять оптимальные уровни входа, выхода и стоп-лосс на основе текущего тренда.
Основные компоненты индикатора:
Управление капиталом:
Позволяет трейдеру задавать параметры управления рисками, такие как процент возможного убытка по позиции, использование фиксированного плеча и общий капитал.
Рассчитывает необходимый уровень плеча для достижения заданного процента убытка.
Price Action:
Правильно идентифицирует различные ценовые паттерны, такие как Pin Bar, Поглащение Бар, PPR Bar и Внутренний Бар.
Отображает эти паттерны на графике с возможностью настройки цветов свечей и стилей отображения.
Позволяет трейдеру настраивать точки тейк профита и стоп лосса для отображения их на графике.
Возможность отображения паттернов только в натправлении тренда.
Trend: (часть кода взята у ChartPrime)
Использует облако тренда для визуализации текущего направления рынка.
Облако тренда отображается на графике и помогает трейдерам определить, находится ли рынок в восходящем или нисходящем тренде.
Оповещение:
Дает возможность установить оповещение которое будет срабатывать при формировании паттерна.
Пример применения:
Предположим, трейдер использует индикатор для торговли на крипто рынке. Он настраивает параметры управления капиталом, устанавливая максимальный убыток по позиции в 5% и используя фиксированное плечо 1:100. Индикатор автоматически рассчитывает необходимый объем позиции для соблюдения этих параметров ($: на лейбле). Или отображает плечо (Х: на лейбле) для достижения необходимого риска.
Трейдер получает оповещение о формировании Pin Bar. Индикатор отображает уровни входа, выхода и стоп-лосс, основанные на этом паттерне. Трейдер открывает позицию на рекомендуемую сумму в направлении, указанном индикатором, и устанавливает стоп-лосс и тейк-профит на рекомендованных уровнях.
Общие настройки:
Процент убытка по позиции: Устанавливает максимальный процент убытка, который вы готовы понести по одной позиции.
Использовать фиксированное плечо: Включает или отключает использование фиксированного плеча.
Уровень фиксированного плеча: Задает уровень фиксированного плеча.
Общий капитал: Указывает общий капитал, который вы используете для торговли. (Необходим для расчета при использовании фиксированного плеча)
Включение/отключение паттернов: Вы можете включить или отключить отображение различных ценовых паттернов, таких как Pin Bar, Outside Bar (Поглощение), Inside Bar и PPR Bar.
Цвета паттернов: Задает цвета для отображения каждого паттерна на графике.
Цвет свечей: Позволяет задать нейтральный цвет для свечей неподходящих под прйс экшн.
Показывать линии: Позволяет включить или отключить отображение лейблов и линий.
Длинна линий: Настройка длинны линий стопа, линии входа и тейк профита.
Цвет лейбла: Один цвет для всех лейблов (настраивается ниже) или цвет лейблов в цвет паттерна свечи.
Вход в пин: Выбор точки входа для пин бара: голова свечи, точка закрытия бара или 50% свечи.
Коэффиценты для стоп и тейк линий.
Использовать тренд для прайс экшна: При включении будет показывать прайс экшн сигналы только в направлении тренда.
Отображение облака тренда: Включает или отключает отображение облака тренда.
Период расчета облака: Устанавливает период, за который рассчитываются максимальные и минимальные значения для облака. Чем больше период, тем более сглаженным будет облако.
Цвета облака: Задает цвета для восходящего и нисходящего трендов, а также прозрачность облака.
Логика работы индикатора:
Pin Bar — это свеча с длинной верхней или нижней тенью и коротким телом.
Логика: Если длина одной тени вдвое больше тела и противоположной тени свечи, считается, что это Pin Bar.
Inside Bar — это свеча, полностью поглощенная предыдущей свечой.
Логика: Если максимум и минимум текущей свечи находятся внутри предыдущей свечи, это Inside Bar.
Outside Bar или Поглощение — это свеча, которая полностью поглощает предыдущую свечу.
Логика: Если максимум и минимум текущей свечи выходят за пределы предыдущей свечи и закрывается за пределами предыдущей свечи, это Outside Bar.
PPR Bar — это свеча, которая закрывается выше или ниже предыдущей свечи.
Логика: Если текущая свеча закрывается выше максимума предыдущей свечи или ниже ее минимума, это PPR Bar.
Уровни стоп-лосс: Рассчитываются на основе заданных коэффициентов. При значении 1.0 показывает правильный стоп для паттерна отталкиваясь от точки входа.
Уровки тейк-профита: Рассчитываются на основе заданных коэффициентов.
Создание метки: Метка создается на уровне стоп-лосс и содержит информацию о потенциальном плече и убытке.
Формула для вычисления значения $:
=(Общий капитал x (Максимальный процент убытка по позиции/100)) / (Разница между уровнем входа и уровнем стоп-лосс × Коэффициент, задающий уровень стоп-лосс относительно длины тени свечи × Значение фиксированного плеча).
Метки содержат следующую информацию:
Процент изменения цены от рекомендованной точки входа до уровня стоп-лосс.
Необходимое плечо (Х: ): Уровень плеча, необходимый для достижения заданного процента убытка. (Или фиксированное значение если оно выбрано).
Необходимый капитал ($: ): Сумма капитала, необходимая для открытия позиции с заданным плечом и процентом убытка (отображается только при использовании фиксированного плеча).
Облако тренда определяет максимальные и минимальные значения цены за указанный период.
Значение облака устанавливается в зависимости от того, совпадает ли текущая цена с максимальными или минимальными значениями.
Если текущая цена закрытия равна максимальному значению, облако устанавливается на уровне минимального значения, и наоборот.
Market Forecast with SL & TPThis script is an indicator for TradingView. It overlays on your chart to give you visual cues about when to enter or exit in trades.
2. Key Components:
ATR (Average True Range): This measures market volatility. Think of it like how much the price jumps around. The script uses this to help decide when the market might be too volatile or just right for trading.
Fibonacci Levels: These are specific price levels that traders believe the market will react to. They're calculated based on the highest high and lowest low over a period. Imagine these as 'magic' levels where the price might want to stop or bounce back.
SMA (Simple Moving Average): This is like a smoothed out version of price movement over time. It helps to see the general trend without the noise of daily price fluctuations.
Higher Timeframe (HTF) Analysis: This looks at the price trend on a bigger time frame (like daily charts) to see if it aligns with your shorter-term trading decisions.
3. How It Works:
Volatility Filter: The script first calculates the ATR to understand the market's volatility. You can adjust how sensitive this is with the "ATR Length" and "ATR Multiplier" inputs.
Fibonacci Levels Calculation: It figures out where these 'magic' Fibonacci levels are based on recent price action.
Trend Analysis: It checks the trend on both your current chart time frame and a higher time frame (HTF) to see if they're in agreement.
Enter/Exit Signals:
Enter/Exit: When the current price is above the SMA of both your chart and the HTF, and it's within a certain range (defined by ATR) of a Fibonacci level, the script suggests it might be a good time to buy. It places a green label saying "ENTER" below the price, draws a green line showing where the price might go up by 5% (this is your target profit), and a red line below for where you might want to stop loss if things go south.
Exit Signal: Conversely, if the price is below both SMAs and within the ATR range of a Fibonacci level, it suggests selling or exiting a position. It places a red "EXIT" label above the price, a red line predicting a 5% drop, and a stop loss line above the current price.
Visual Aids: The script also plots the SMA for reference and draws horizontal lines at Fibonacci levels to give you a visual guide of where these levels are.
4. Using the Script:
When you see the "ENTER" label, it's suggesting a potential buying opportunity based on all the conditions being favorable (trend, volatility, Fibonacci levels).
The "EXIT" label suggests selling or getting out of a trade.
The green and red lines give you a visual of where you might aim to take profit or set your stop loss, helping you manage your trade.
5. Why It's Useful:
This script combines several trading concepts (volatility, trend following, Fibonacci retracement) into one tool, making it easier for you to spot potential trading opportunities without having to analyze each component separately. It's like having a little trading assistant on your chart!
Remember, while this script can guide you, always use it alongside your own analysis, risk management, and understanding of the market. Happy trading!
