The top band is ATR added to candle high (with given length and multiplication). The bottom one is analogic. Created for finding initial stop loss for entry on low timeframes. Use band value at last major high/low to place the stop loss at. It shows prices with acceptable risk and a reasonable margin for market volatility.
This indicator shares ATR pips and a calculated 1.5 x stop loss calculation. 1st number is ATR. 2nd number is ATR x 1.5 (a typical SL when trading daily time frame). The plot lines are really not that important- it's the actual numbers. What I do is uncheck the plot line checkboxes (ATR & SL) so it doesn't show up, that way I can reduce the indicator...
ATR based stop trails. The top trail is basically lowest ATR since the last candle hit (with given length and multiplication) added to candle high. The bottom trail is analogic.
This indicator creates an trend channel based on an EMA/SMA combo and a Parabolc SAR indicator. Watch for the peaks and the size of the red/green channel for possible trend change. Can also be used as an Entry/Exit/Stop-Loss setting tool.
Hello all, Another useful script & indicator with alerts enabled for trailing stoploss in your toolbox! If you manually start a deal on a bot or even manual trade, you can set your chart time frame, enter the price and the time and date of your entry, then configure an Alert to fire using the “Close Long”/“Close Short” alert trigger. This indicator features: ...
Same concept as Trendband Guide script, but now, we can choose any combination of moving average that suite with our own trading style. Default setting : Input (candle base on your timeframe) Breakout Candle : 5 (highest) Breakdown Candle : 10 (lowest) Moving Average Line EMA : default EMA, uncheck for MA Fast Line : 10 Slow Line : 20 Direction :...
1. SL_TP Script is a script for closing and profit of FastTrade_Script, DayTrade_Script, More_FastTrade_Script. 2. The high and low sections of moving Fibonacci are displayed. period can be changed. 3. Fractal High_Low line is applied. 4. Moving S & R band is different from bollingerBands. MA and ATR are applied. It is easy to understand support and...
𝙇𝙄𝙌𝙐𝙄𝘿 𝙅𝘼𝘿𝙀 🇸🇨🇷🇮🇵🇹 v0.1 -Unique LJS breakout/reversal system -Multi timeframe trend restricted trading -Renko, ADX, MAs -Risk Management, TP, SL More to come!
this is another version of my trendstop(stoploss) script i made this stop loss indicator running according to simple moving average it follows the sma line from a % distance determined by user when sma is crossing up trendstop line means go long (buy) when sma is crossing down trendstop line means go short (sell) u can set alert on this indicator (after u...
this is my script help of mr hikmet sezen. special thanks to him for his patience i made this stop loss indicator running according to tenkansen of ichimoku it follows the tenkansen line from a determined % distance by user when tenkansen is crossing up trendstop meand go long when tenkansen is crossing down trendstop go short i use settings 5 for tenkansen...
English: Works better in short term graphs, like 5mins, 15mins. RSW aims to give you daytrading and stoploss signals. Usage: If crosses zero upwards: buy signal If crosses zero downwards: stop signal If crosses 100 upwards: buy signal If crosses 100 downwards: sell signal Türkçe: Kısa vadeli grafiklerde daha verimli çalışır , mesela 5-15 dk.lık RSW...
Input ATR peroid : 14 Entry long - Tick , Short - Tick off Entry price - default Close Factor of ATR to set Stoploss : 1.5 Timeframe : Daily
Here we intend to use pivot points for stop loss and take profit. This has the added benefit of helping you to visualize support and resistance levels.
This will help you figure out what stop loss settings work best for you. Some people might prefer ATR 14 * 0.5 for shorter timeframes, some might prefer more extreme settings such as ATR 30 * 2 to not get stopped out as often.
This indicator takes the average of a series of ATR to calculate what I would consider an optimum stop loss placement represented in percentage (read below for full overview). While the data is plotted what is most helpful are the actual numbers presented. This indicator is most helpful on the daily timeframe but can be used for all timeframes such as the 4HR or...
This is the last tool for my methodology. It provides additional levels of support / resistance that you can use for trailing stop. Like every single tool in this toolbox and methodology, the formula being used is unique and totally original and you can't find it any where else. Please don't contact me for getting access to these tools, they are only available...
MULTIPLE TIME FRAME version of MOST indicator. You can view various time frame levels on one chart with MTF. MOST : Moving Stop Loss Indicator Developed by economist Anıl ÖZEKŞİ for MATRİKS TRADER platform. This indicator is like a trailing stop indicator but differs in two ways. First, trailing stops often uses price bars to determine the stop level, but...
This is a risk management script derived from the Turtle trading system. I will define what is needed for each input and will also include a brief description about the intended implementation of the risk management strategy. The risk strategy can be used with any trading strategy. This script displays the order size as a unit. 1 unit is the intended size of an...