Trailing Stop Loss MTFMultiple Time Frame Version of Trailing Stop Loss Indicator
TRAILING STOP LOSS INDICATOR is a helpful tool for traders to help one of the greatest problems that they face: where to sell?
by using trailing stop loss you can easily decide and see possible downward movements and understand if you are in a safe zone.
Using Trailing Stop Loss is just simple:
Go short/ Sell when price crosses down the indicator,
Stay on long position if prices are above the indicator.
The indicator is calculated from previous Lows and doesn't the value won't change until prices makes higher lows.
TURKISH EXPLANATION:
İz Süren Stop Loss İndikatörü
Adım 1- bu günün düşük fiyatından geriye doğru, daha düşük fiyatlı bir günle karşılaşıncaya kadar yatay bir çizgi çizin
bu sizin birinci countback’ iniz olacak.
Adım 2- bu yeni düşük günün düşük fiyatından geriye doğru tekrar bir başka düşük güne gelene kadar yatay bir çizgi
çekin. Bu sizin ikinci countback’ iniz olacak.
Adım 3- bu ikinci düşük günün düşüğünden ileri bu günkü tarihe kadar yatay bir çizgi çekin bu sizin talimat
verdiğinizde stop-loss noktanız oluyor.
Kural 1- asla aşağıya doğru stop koymayın. Eğer yeni stop-loss noktanız öncekinden daha düşükse onu atıyorsunuz.
Bu kural asla bozulmamalı.
Kural 2- countback çizginiz üzerindeki aynı düşük fiyata denk gelen günleri yok sayın. İkinci contback çizginizi çekmek
için ilkinden daha düşük bir nokta bulmalısınız. Eğer aynı düşük fiyata sahip bir çubuğa denk gelirseniz daha düşüğünü
buluncaya kadar devam edin. Gerçekten hepsi bu kadar. Bu kuralları uygulayarak stop-loss noktamızı her yeni günün
datası eklendikçe uzatabiliriz.
drive.google.com
Trailingstop
Trader Set - Uni Renko BarsBefore we start, to Trading View Developers :
1- Give us a command to get projection bar's current value, close gives the last bar's closed value not the real time market price
2- Why indicators and Oscillators can't update themselves on the projection values? It doesn't make sense, YOU are drawing the projection but won't let indicators / Oscillators update during that time?
3- Give us a damn section in category list for things like this, there was not category for a custom chart type !
Ufff, now that I took those words out of my system,
Here is the story,
few months ago (read it 10 months) I found about Woodie's indicators in Ninja Trader. At the time I didn't know the exact name for the type of charting he was using, all I knew was one sentence he said, it's based on a median renko chart (well, he told different things in different places, but this one was accurate). So? I started a huge R&D, lots of nights with head aches and not sleeping. Finding the exact formula HE was using was a nightmare. When I was close to the end of road in developing this chart type, I found in futures.io forum that Woodie got the IDEA from another member of futures.io, at least now I new that these charts are called Uni Renko Charts. But the image in the forum was not what you would see in ninja trader, also, they ask for 100$ for elite membership, I was so close in solving the equation myself that it was not worth paying it.
At the end I was successful thanks to another script I found in trading view! The formula for drawing the bar was not what the guy was using, but the heart of this system, the smoother price per bar... It was there.
At the end of the road, that few lines of code was the only thing I could find, the dynamic trend ( Purple Crosses in picture ) for example, was a nightmare to make. What woodie had made no sense to be used as trailing stop, the stop would be hit by market so late that you would loose most of the profit, at the same time, during the retraces is the trend, it would be easily hunted !!! That was the clue for me to look for something by myself.
At the end of the road, after 10 months of R&D, without a solid source of information, I got it working.
To use this, you should set your chart on Renko, Traditional with box size of 3.
Please, don't ask for access, only my students from my classes will have access to this indicator, at least for time being. If at any time in future I wish to sell, you will find the price and how to buy in the comments bellow.
📊 Advanced Charts Suite v2.1 by 🇨🇷🇾🇵🇹🇴🇷🇹🇭🇾🇭🇲🇸📊With the advanced charts suite you get multiple indicators you can overlay on your charts, while only using one indicator slot.
🎁We made this after requests from our members, to assist those who use a free TV account. Its not advised to use them all at once, use them in combinations and see what works for you!
🕥 It can take a minute or more to load... be patient! I wanted to include more indicators, but hit some of the limits imposed by pine script. All options are off by default.
📊 Indicators Included are:
✅Ichimoku Cloud
✅Support Resistance Fractal
✅Trailing Long/Short Stoploss
✅Bull Bear Squares
✅Triple Hull Moving Average
✅Standard Hull Moving Average
✅Fibonacci Daily
✅Advance Decline Lines
👍If you enjoy the Charts Suite, please like the indicator, and follow me on TradingView!
💬Come chat with us in telegram (link in signature) if you have any questions or would like a trial of a premium indicators (linked below).
SuperTrend ATR + RSI with signalThis is an updated version of Crée par J.Dow's very interesting indicator- myself and Squiggles added the alert function in there. The original description and explanation can be seen here.
Some settings work better than others on different timeframes- have a play around, I'd be interested in seeing what optimum settings you might be able to find.
NeoIchi TrailingThis is the separation of moving average parts from NeoIchi indicator with addition of four different ATR setting that can be used for Stop Loss and Trailing Stops. The NeoIchi indicator won't have any moving averages any more, the code is secured but every one have access to use this indicator on their charts.
MOST by Anıl ÖZEKŞİMOST : 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 MOST uses an adjustable percent of the Exponential Moving Average of the price which smooths the sudden price moves.
The second thing is that MOST gives BUY and SELL signals instead of giving one way signals for price action.
MOST has an EMA and a trailing percent stop level of EMA that can be adjusted by changing the length of the EMA and %percent of the stop level.
BUY when ExMoV crosses above MOST
LONG CONDITION when ExMov is above MOST
SELL whenExMov crosses below MOST
SHORT CONDITION when ExMov is below MOST
Developed by Anıl ÖZEKŞİ teknikanalizsanati.com
ATR Trailing Stop Bands Strategy [R] Originally based on a script by HPotter for an ATR Trailing Stop, which itself was based on an article by Sylvain Vervoort, but I adapted it to add Bands, to add extra optional Wick Protection, and have now made it a Strategy. It's not great for entries/exits, but as a Trailing Stop that can let winners ride, it's great.
Ergotic MACD Strategy [forked from HPotter]Ergotic MACD Strategy forked from HPotter
In addition to this fine script you will find some additional features:
- Backtester
- Alerts
- Filters: RSI, MFI, Price trend
- Trailing Stop Loss
- Other minor adjustments
ATR Trailing Stop Bands [R] This is based on the Average True Range Trailing Stops Strategy by Sylvain Vervoort, coded on TV HPotter. I have added Bands to see potential short and long stop loss zones before the indicator signals to switch itself, also changed color on the main Trailing Stop based on whether it is short or long, added increased stop loss hunt protection by combining with my Wickiness indicator to add Wick Protection, based on either Average or Maximum Wicks, to prevent your stop getting wicked out. Experiment with different timeframes according to your trading style and how long you like to hold a trade. This indicator does not intend to tell you when to take profit, just how to place your stop to give you the best chance of not getting stopped out too early and to minimise risk by trailing it safely.
May you all never be stop hunted again.
LongSetups with Entry Signals and Trailing Stop(HA)High probable Long Setups for any time frame and asset.
75+ win rate
Trailing stop always used as exit point
To trade only with the trand - enable MAs in the Inputs tab
x - means Entry signal is active and waiting for long validation
B - on a closed bar is entry signal for long
C - on a developing bar is exit long signal
Green line - long validation line. must close above to go long
Pink line - trailing stop
On Long Entry alert - use Once Per Bar Close option.
On Long Exit alert (Trailing stop triggered) - use Once Per Bar option to trigger sooner and protect your capital.
Always do your own analysis and make trades on your own risk. Find a confluence point where everything aligns and make your own decision. Don't enter a trade because the indicator tells you so. You are free to make a copy of the script and change it to your own needs for your own personal use.
ATR Trailing Stop Bands [NeoButane]These ATR bands and trailing stops can be used as a way to manage risk, enter breakout trades, or as support/resistance.
Please see here for information about payment and access: medium.com
ATR Bands Features:
Shape plotted for closes out of bands
Custom resolution
Bands multiplier: useful for reducing size to increase signal
Band smoothing type: EMA, Hull MA, or no moving average smoothing
Calculated in geometric mean (log scaling) to resolve issues with flash dumps or pumps
Alerts for closing outside of bands
ATR Trailing Stop Features:
Based on daily resolution timeframe
Trailing stop multiplier: useful for curve-fitting to your instrument's normal trading range. Recommended multiplier between 1.5-3
Can be used as trading range (>3) or for breakout trading (<1.5)
Alerts for price touching stops
BitMex Trailing Stop StrategyThis script is designed for those who want to use BitMex's trailing stop. It's not meant to be used as entry exits, but rather to get an idea of how wide the trailing stop needs to be. I suggest you backtest with different values. The script can also be integrated into an existing strategy which does give entry/exits to act as its stop loss.
Simple Trailing Buy & Stop StrategyAllows you to backtest a simple percentage based trailing stop, with a trailing buy. Experiment with different percentages on different timeframes for different charts.
For BTCUSD, on daily 4.3% stop and 1.9% buy works well, while on 4hr a 1.5% stop and 1.9% buy works best.
Please comment with any other combos that work well for you on different markets or timeframes.
MG - Pivot trailing stopTrailing stop with alerts which automatically updates when a new pivot forms to maximize the ability to ride trends and get out in a timely fashion.
Contains long and short stop trigger alerts.
Achmed: Heikinashi Open/CloseHeikinashi strategy that looks for large % changes between the open and close of a bar or the previous open and current close.
This strategy is published for customer verification and acceptance. As such, only the customer shall be granted access.
Features
Heikinashi based strategy that is run on a normal candle chart. This ensures accurate backtest results.
Heikinashi chart is plotted on a subplot
Inputs for defining different entry conditions
Switches to turn different entry criteria on / off
Trailing stop which trails the Heikinashi prices.
Trailing stop plotting on the subplot
Renko/Linebreak Pyramiding StrategyPrivate strategy created for and in collaboration with TV user: kaiji_
This strategy employs either a Renko or Linebreak version of the current tickerid and places orders based on configurable criteria, optionally increasing winning positions as long as they remain profitable before closing on trailing stops.
Turtles + TrailingStopThis script is a merge between the Trailing stop from HPotter and the Turtle system from tmr0 and timchep
nATR Reversal StrategyATR Reversal Strategy that has been extended to add an additional ATR based stoploss, trailing stop and take profit.
This script was developed as part of a professional development service. It is published for customer verification and acceptance.
For people interested in professional services, please visit the backtest-rookies (.com) website.
Features
nATR based Stop Loss added
nATR based Trailing stop added
nATR based Take profit added
Switches for each exit type to turn them on or off in the strategy
Plotting of all exit levels on the chart
Prevent reversing when using newly added exits.
Allow reversing when all exit switches are off and opposite long/short conditions are met.
XPloRR MA-Trailing-Stop StrategyXPloRR MA-Trailing-Stop Strategy
Long term MA-Trailing-Stop strategy with Adjustable Signal Strength 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 fast buy EMA (blue) crossing over the slow buy SMA curve (orange) and the fast buy EMA has a certain up strength.
My sell strategy is triggered by either one of these conditions:
the EMA(6) of the close value is crossing under the trailing stop value (green) or
the fast sell EMA (navy) is crossing under the slow sell SMA curve (red) and the fast sell EMA has a certain down strength.
The trailing stop value (green) is set to a multiple of the ATR(15) value.
ATR(15) is the SMA(15) value of the difference between the high and low values.
The scripts shows a lot of graphical information:
The close value is shown in light-green. When the close value is lower then the buy value, the close value is shown in light-red. This way it is possible to evaluate the virtual losses during the trade.
the trailing stop value is shown in dark-green. When the sell value is lower then the buy value, the last color of the trade will be red (best viewed when zoomed)(in the example, there are 2 trades that end in gain and 2 in loss (red line at end))
the EMA and SMA values for both buy and sell signals are shown as a line
the buy and sell(close) signals are labeled in blue
How to use this strategy?
Every stock has it's own "DNA", so first thing to do is tune the right parameters to get the best strategy values voor EMA , SMA, Strength for both buy and sell and the Trailing Stop (#ATR).
Look in the strategy tester overview to optimize the values Percent Profitable and Net Profit (using the strategy settings icon, you can increase/decrease the parameters)
Then keep using these parameters for future buy/sell signals only for that particular stock.
Do the same for other stocks.
Important : optimizing these parameters is no guarantee for future winning trades!
Here are the parameters:
Fast EMA Buy: buy trigger when Fast EMA Buy crosses over the Slow SMA Buy value (use values between 10-20)
Slow SMA Buy: buy trigger when Fast EMA Buy crosses over the Slow SMA Buy value (use values between 30-100)
Minimum Buy Strength: minimum upward trend value of the Fast SMA Buy value (directional coefficient)(use values between 0-120)
Fast EMA Sell: sell trigger when Fast EMA Sell crosses under the Slow SMA Sell value (use values between 10-20)
Slow SMA Sell: sell trigger when Fast EMA Sell crosses under the Slow SMA Sell value (use values between 30-100)
Minimum Sell Strength: minimum downward trend value of the Fast SMA Sell value (directional coefficient)(use values between 0-120)
Trailing Stop (#ATR): the trailing stop value as a multiple of the ATR(15) value (use values between 2-20)
Example parameters for different stocks (Start capital: 1000, Order=100% of equity, Period 1/1/2005 to now) compared to the Buy&Hold Strategy(=do nothing):
BEKB(Bekaert): EMA-Buy=12, SMA-Buy=44, Strength-Buy=65, EMA-Sell=12, SMA-Sell=55, Strength-Sell=120, Stop#ATR=20
NetProfit: 996%, #Trades: 6, %Profitable: 83%, Buy&HoldProfit: 78%
BAR(Barco): EMA-Buy=16, SMA-Buy=80, Strength-Buy=44, EMA-Sell=12, SMA-Sell=45, Strength-Sell=82, Stop#ATR=9
NetProfit: 385%, #Trades: 7, %Profitable: 71%, Buy&HoldProfit: 55%
AAPL(Apple): EMA-Buy=12, SMA-Buy=45, Strength-Buy=40, EMA-Sell=19, SMA-Sell=45, Strength-Sell=106, Stop#ATR=8
NetProfit: 6900%, #Trades: 7, %Profitable: 71%, Buy&HoldProfit: 2938%
TNET(Telenet): EMA-Buy=12, SMA-Buy=45, Strength-Buy=27, EMA-Sell=19, SMA-Sell=45, Strength-Sell=70, Stop#ATR=14
NetProfit: 129%, #Trade
XPloRR MA-Buy ATR-Trailing-Stop Long Term Strategy Beating B&HXPloRR 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 EMA(blue) crossing over the SMA curve(orange).
My sell strategy is triggered by another EMA(lime) of the close value crossing the trailing stop(green) value.
The trailing stop value(green) is set to a multiple of the ATR(15) value.
ATR(15) is the SMA(15) value of the difference between high and low values.
Every stock has it's own "DNA", so first thing to do is find the right parameters to get the best strategy values voor EMA, SMA and Trailing Stop.
Then keep using these parameter for future buy/sell signals only for that particular stock.
Do the same for other stocks.
Here are the parameters:
Exponential MA: buy trigger when crossing over the SMA value (use values between 11-50)
Simple MA: buy trigger when EMA crosses over the SMA value (use values between 20 and 200)
Stop EMA: sell trigger when Stop EMA of close value crosses under the trailing stop value (use values between 8 and 16)
Trailing Stop #ATR: defines the trailing stop value as a multiple of the ATR(15) value
Example parameters for different stocks (Start capital: 1000, Order=100% of equity, Period 1/1/2005 to now):
BAR(Barco): EMA=11, SMA=82, StopEMA=12, Stop#ATR=9
Buy&HoldProfit: 45.82%, NetProfit: 294.7%, #Trades:8, %Profit:62.5%, ProfitFactor: 12.539
AAPL(Apple): EMA=12, SMA=45, StopEMA=12, Stop#ATR=6
Buy&HoldProfit: 2925.86%, NetProfit: 4035.92%, #Trades:10, %Profit:60%, ProfitFactor: 6.36
BEKB(Bekaert): EMA=12, SMA=42, StopEMA=12, Stop#ATR=7
Buy&HoldProfit: 81.11%, NetProfit: 521.37%, #Trades:10, %Profit:60%, ProfitFactor: 2.617
SOLB(Solvay): EMA=12, SMA=63, StopEMA=11, Stop#ATR=8
Buy&HoldProfit: 43.61%, NetProfit: 151.4%, #Trades:8, %Profit:75%, ProfitFactor: 3.794
PHIA(Philips): EMA=11, SMA=80, StopEMA=8, Stop#ATR=10
Buy&HoldProfit: 56.79%, NetProfit: 198.46%, #Trades:6, %Profit:83.33%, ProfitFactor: 23.07
I am very curious to see the parameters for your stocks and please make suggestions to improve this strategy.
Trailing Stop Loss Indicator by KıvanÇ fr3762TRAILING STOP LOSS INDICATOR is a helpful tool for traders to help one of the greatest problems that they face: where to sell?
by using trailing stop loss you can easily decide and see possible downward movements and understand if you are in a safe zone.
Using Trailing Stop Loss is just simple:
Go short/ Sell when price crosses down the indicator,
Stay on long position if prices are above the indicator.
The indicator is calculated from previous Lows and doesn't the value won't change until prices makes higher lows.
TURKISH EXPLANATION:
İz Süren Stop Loss İndikatörü
Adım 1- bu günün düşük fiyatından geriye doğru, daha düşük fiyatlı bir günle karşılaşıncaya kadar yatay bir çizgi çizin
bu sizin birinci countback’ iniz olacak.
Adım 2- bu yeni düşük günün düşük fiyatından geriye doğru tekrar bir başka düşük güne gelene kadar yatay bir çizgi
çekin. Bu sizin ikinci countback’ iniz olacak.
Adım 3- bu ikinci düşük günün düşüğünden ileri bu günkü tarihe kadar yatay bir çizgi çekin bu sizin talimat
verdiğinizde stop-loss noktanız oluyor.
Kural 1- asla aşağıya doğru stop koymayın. Eğer yeni stop-loss noktanız öncekinden daha düşükse onu atıyorsunuz.
Bu kural asla bozulmamalı.
Kural 2- countback çizginiz üzerindeki aynı düşük fiyata denk gelen günleri yok sayın. İkinci contback çizginizi çekmek
için ilkinden daha düşük bir nokta bulmalısınız. Eğer aynı düşük fiyata sahip bir çubuğa denk gelirseniz daha düşüğünü
buluncaya kadar devam edin. Gerçekten hepsi bu kadar. Bu kuralları uygulayarak stop-loss noktamızı her yeni günün
datası eklendikçe uzatabiliriz.
drive.google.com
Customizable trailing Stop For Manual EntriesHere's how to create a trailing stop with a manual buy order, on an exchange that does not support native trailing stops. Code can easily be copy+pasted into your normal algos.
To set the entry price for your manual trade, specify the bar time when the trade was made. Note that the time you specify needs to correspond to an opening time on your chart--if it's a 3 hour chart, 6 pm or 9 pm will work, but 8 PM will not. It's not as bad as it sounds though, read on :)
Per usual I keep multiple options open.
Special features in this script:
Change time frame for trailing
Specify trailing parameter (high, close, hlc3, etc.)
Change time frame for stop loss trigger (use a shorter time frame for earlier exits!)
Specify trigger parameter (close, low, hlc3, etc.)
Remember that annoying issue where you might not be able to precisely specify entry price, because you want to use 3 hour closing prices for your trailing stop but you bought in at 7:41 pm? Add this indicator to a 1 minute chart and set your start time to 19:41, then set the trailing time frame to 3 hours!
Next stop is v2, where we take profits along the way before stop loss gets triggered.
GunbotXT TSSLSimulation of GunbotXT TSSL (trailing stop / stop limit) strategy useful for fine tuning settings and backtesting.
Once you have been granted access, you will receive notification in TradingView (Bell).
Then right click on Chart area -> click "Insert Indicator..." -> click "Invite-Only Scripts" -> click "GunbotXT TSSL" -> Add To Chart
At bottom -> click "Strategy Tester" -> click the "Gear" icon (Format) -> Input your desired settings to test.
Red = SellSTEP
Purple = SellGAIN
Red = SellSTOP
Blue/Yellow (changes) = FLowMA (lowest of 2 EMA's)
Blue = FastMA (off by default)
Yellow = SlowMA (off by default)
Orange = BuyPROTECT (BUY_LEVEL)
Green = BuySTOP
Green = BuySTEP
NOTICE: By requesting access to this script you acknowledge that you have read and understood that this is for research purposes only and I am not responsible for any financial losses you may incur by using this script!
