INVITE-ONLY SCRIPT
SuperTrail
Güncellendi
The SuperTrail indicator is similar to the very popular and widely used SuperTrend but it has been improved to use a percentage value instead that helps users to determine the natural trading range of a stock over a period of time, and set stop losses (especially trailing stops) accordingly.
The best way to use it is to find stocks in a steady trend (upwards if you are going long or downwards if you are going short) and keep changing the indicator percentage levels until you identify a percentage that keeps you in the trade for longer without getting stopped out too often. You can then set this value in your trading program, or set an alert within Trading View to notify you if something changes and you need to take an action.
Some stocks might have little volatility and only require an 8% trail. Some might be more volatile and work better with a wider 20% trail. It also depends on your time frame. Shorter time frames are typically shorter stops. Longer time frames work better with wider stop values. The best thing about this tool is that it helps you identify the best optimised stop loss range to set for each individual stock based on its range.
The indicator works on any time frame - minutes to hours to weeks. If you want to hold stocks for a shorter time you might look at the natural range over the last 7 days, medium term the range over the last 3 months, or if you want to hold a stock for a much longer period of time then perhaps look to identify the range over the last 12 months. If you get stopped out of a stock you like, then set an alert, and when the stock moves back up within its range you can decide on whether or not you re-enter.
It is a super simple indicator. As always it is meant only as a visual guide to assist you with your trading and you will get better results by combining it with another indicator like an OBV or RSI. You can check out my Trading View channel to see how I have used it across different stocks and based it on different time periods.
I have also made and uploaded a video to my Trading View account showing how it works and how I use it.
Message me if you would like access.
The best way to use it is to find stocks in a steady trend (upwards if you are going long or downwards if you are going short) and keep changing the indicator percentage levels until you identify a percentage that keeps you in the trade for longer without getting stopped out too often. You can then set this value in your trading program, or set an alert within Trading View to notify you if something changes and you need to take an action.
Some stocks might have little volatility and only require an 8% trail. Some might be more volatile and work better with a wider 20% trail. It also depends on your time frame. Shorter time frames are typically shorter stops. Longer time frames work better with wider stop values. The best thing about this tool is that it helps you identify the best optimised stop loss range to set for each individual stock based on its range.
The indicator works on any time frame - minutes to hours to weeks. If you want to hold stocks for a shorter time you might look at the natural range over the last 7 days, medium term the range over the last 3 months, or if you want to hold a stock for a much longer period of time then perhaps look to identify the range over the last 12 months. If you get stopped out of a stock you like, then set an alert, and when the stock moves back up within its range you can decide on whether or not you re-enter.
It is a super simple indicator. As always it is meant only as a visual guide to assist you with your trading and you will get better results by combining it with another indicator like an OBV or RSI. You can check out my Trading View channel to see how I have used it across different stocks and based it on different time periods.
I have also made and uploaded a video to my Trading View account showing how it works and how I use it.
Message me if you would like access.
Sürüm Notları
Updates to the script:- Uses the latest version of PineScript
- Simplified the options
- Changed wording from Buy/Sell to Bullish/Bearish
Yalnızca davetli komut dosyası
Bu komut dosyasına erişim, yazar tarafından yetkilendirilen kullanıcılarla sınırlıdır ve genellikle ödeme gerektirir. Sık kullanılanlarınıza ekleyebilirsiniz, ancak bunu yalnızca izin talep edip yazarından bu izni aldıktan sonra kullanabileceksiniz. Daha fazla bilgi için zAngus ile iletişime geçin veya yazarın aşağıdaki talimatlarını izleyin.
TradingView, yazarına %100 güvenmediğiniz ve komut dosyasının nasıl çalıştığını anlamadığınız sürece bir komut dosyası için ödeme yapmanızı ve onu kullanmanızı önermez. Çoğu durumda, Topluluk Komut Dosyaları bölümümüzde ücretsiz olarak iyi bir açık kaynak alternatifi bulabilirsiniz.
Yazarın talimatları
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Bu komut dosyasını bir grafikte kullanmak ister misiniz?
Uyarı: Erişim talebinde bulunmadan önce lütfen okuyun.
NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.
MY SITES:
FIND TRENDING STOCKS: HigherHighs.com/
FIND AND SET TRAILING STOPS: SuperTrail.io
MY YOUTUBE TRADINGVIEW TIPS AND TRICKS: bit.ly/3kRW08o
MY SITES:
FIND TRENDING STOCKS: HigherHighs.com/
FIND AND SET TRAILING STOPS: SuperTrail.io
MY YOUTUBE TRADINGVIEW TIPS AND TRICKS: bit.ly/3kRW08o
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.