The ADX and MACD confluence can be a powerful predictor in stock movements. This script will help you find those confluences in an easy to understand visual manner. It includes Buy and Sell signals for detected confluences, and will show colored candles to help you determine when to exit a trade. When the candles turn to white that means the detected confluence...
In many strategies, it's quite common to use a scaled ATR to help define a stop-loss, and it's not uncommon to use it for take-profit targets as well. While it's possible to use the built-in ATR indicator and manually calculate the offset value, we felt this wasn't particularly intuitive or efficient, and could lead to the potential for miscalculations. And...
Especially useful when using it for stocks in intraday screening for daytrading. This gives you quick information about the volatility at the moment when you look at the stock. The current range of the last candles (adjustable) is calculated so that you can stop based on the Vola. In addition, the daily volume and daily range are calculated in the table and...
The Levels Of Greed indicator is based on the same idea as the Levels Of Fear one and was suggested by several traders in the comment section. It helps analyze price advances to find the best levels for closing a long position in an asset after a quick surge or longer up-trend. In finance, volatility is a term that describes the degree of variation of an asset...
The Levels Of Greed indicator is based on the same idea as the Levels Of Fear one and was suggested by several traders in the comment section. It helps analyze price advances to find the best levels for closing a long position in an asset after a quick surge or longer up-trend. In finance, volatility is a term that describes the degree of variation of an asset...
Kzx Position tracker mod v1.0 by RX-RAY Original script by K-zax The modification was made for the USDRUB ticker (the number of digits in the values of price, interest, lot volume and profit loss for other tickers may affect the positioning of the inscription, but it is fully operative and it may be used with other tickers ) Typical...
Triple Modified Hull Moving Average Cross By What is this? this is a modified formula for Hull moving average, it is more accurate and predicts the golden and death cross earlier. How to use? Work better in high time frames (1D,1W) the white line vs the red and the orange lines : 1 - when the white line crosses the red and the orange lines from the ...
this andicator is build in base of ichimoku cloud. Select the interval at which the kumo clouds change phase and depending on what time frame we are in, we give the time inputs to the indicator. then, the indicator calculates the area of the cloud and set the ascending and descending targets when price break the highest or lowest candle in that time range. So...
this indicator has been designed to make your calculations easier and faster. you can use this indicator to set tp and sl prices based on your entry price, balance,risk and leverage. it has been designed only for cryptocurrency market and it is not recommended to use it in other markets! 1- enter your balance in the setting of the indicator. 2- enter risk...
Useful in case you use Average True Range to determine Shows Stop Loss and Take Profit price levels. For example, if you want to put Stop Loss with a distance of 1.5xATR and Take Profit 2xATR for a long trade, put 1.5 as Lower Factor and 2 as Upper Factor. Lower and Upper prices will show price levels for SL and TP respectively.
This indicator calculates Stop-loss and Take-profit limits and plots them on the chart based on the daily ATR value for a given instrument. The Stop-loss is calculated at the current close price minus 1x ATR and is plotted as a red line by default. The Take-profit is calculated at the current close price plus 1.5x ATR and is plotted as a green line by...
This study implements a simply scalping using the RSI (calculated on two periods), the slopes of two MAs (EMA or SMA) having different lengths (by default, I use 50 and 200). A take profit (%) and a trailing stop loss (%) are used. Entry conditions: .) Fast MA > Slow MA and Price > Slow MA and RSI < Oversold Threshold ------> go Long .) Fast MA < Slow MA and...
Hi Traders, This is an on chart indicator that can be used for setting take profit and stop losses very easily using the Average True Range Indicator (ATR). Using a volatility adjusted TP and SL will allow you to set your targets and losses based on market conditions. In the settings, you are able to adjust how much of a multiplier you require depending on your...
It has happened to everybody. You enter the market, the position gets a stop loss, then later the market goes in the direction you originally planned. Worse yet - you enter a position, the market goes in your favor, gets near the target, and then it reverses and you get stopped. We brazilians call this a "violinado", or getting violinated. It happens either...
Here you can choose to plot 3 different ATR values in 1 window. I use this indicator to get the values of my stop loss and take profits. You can change the multiplier value for each ATR Line and the length of the base ATR. Ty