NQ/MNQ Position Sizing
Despite having my own position sizing calculator in an excel sheet, the manual process of having to identify my next trade, switch tabs/screens, input my values into the sheet, go back into TV, input the trade parameters with appropriate contract sizing, has always really gotten to me. I also found that I would often miss ideal entries due to the delay this caused.
I searched TV for position sizing calculators but almost all the ones I found seemed to be similar: based on some form of manual input for the entry and stop parameters, many of which had way more settings and parameters than I needed, also over complicated things.
I just needed something that would allow me to dynamically set my entry and stop levels directly on the chart, and spit out the appropriate contracts I should be using, either on NQ or MNQ, to maintain my desired level of risk, so I could quickly execute the necessary trade.
So, I coded my own and it's been a huge help to me already, so I thought I may as well publish the script as can't imagine there aren't others out there that also hate the manual data entry process of calculating risk.
Upon first load, the script will ask you to set your Entry and Stop levels, before drawing respective lines for these on the chart, and calculating contract sizing based on your risk settings, which you can update directly. The reset values may be buggy, will be easier to just remove the script and re-apply it to your chart if you ever lose track of the levels you've set.
Hope it's useful.
Pine yardımcı programları
RSI Full [Titans_Invest]RSI Full
One of the most complete RSI indicators on the market.
While maintaining the classic RSI foundation, our indicator integrates multiple entry conditions to generate more accurate buy and sell signals.
All conditions are fully configurable, allowing complete customization to fit your trading strategy.
⯁ WHAT IS THE RSI❓
The Relative Strength Index (RSI) is a technical analysis indicator developed by J. Welles Wilder. It measures the magnitude of recent price movements to evaluate overbought or oversold conditions in a market. The RSI is an oscillator that ranges from 0 to 100 and is commonly used to identify potential reversal points, as well as the strength of a trend.
⯁ HOW TO USE THE RSI❓
The RSI is calculated based on average gains and losses over a specified period (usually 14 periods). It is plotted on a scale from 0 to 100 and includes three main zones:
Overbought: When the RSI is above 70, indicating that the asset may be overbought.
Oversold: When the RSI is below 30, indicating that the asset may be oversold.
Neutral Zone: Between 30 and 70, where there is no clear signal of overbought or oversold conditions.
⯁ ENTRY CONDITIONS
The conditions below are fully flexible and allow for complete customization of the signal.
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🔹 CONDITIONS TO BUY 📈
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• Signal Validity: The signal will remain valid for X bars .
• Signal Sequence: Configurable as AND/OR .
📈 RSI Conditions:
🔹 RSI > Upper
🔹 RSI < Upper
🔹 RSI > Lower
🔹 RSI < Lower
🔹 RSI > Middle
🔹 RSI < Middle
🔹 RSI > MA
🔹 RSI < MA
📈 MA Conditions:
🔹 MA > Upper
🔹 MA < Upper
🔹 MA > Lower
🔹 MA < Lower
📈 Crossovers:
🔹 RSI (Crossover) Upper
🔹 RSI (Crossunder) Upper
🔹 RSI (Crossover) Lower
🔹 RSI (Crossunder) Lower
🔹 RSI (Crossover) Middle
🔹 RSI (Crossunder) Middle
🔹 RSI (Crossover) MA
🔹 RSI (Crossunder) MA
🔹 MA (Crossover) Upper
🔹 MA (Crossunder) Upper
🔹 MA (Crossover) Lower
🔹 MA (Crossunder) Lower
📈 RSI Divergences:
🔹 RSI Divergence Bull
🔹 RSI Divergence Bear
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🔸 CONDITIONS TO SELL 📉
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• Signal Validity: The signal will remain valid for X bars .
• Signal Sequence: Configurable as AND/OR .
📉 RSI Conditions:
🔸 RSI > Upper
🔸 RSI < Upper
🔸 RSI > Lower
🔸 RSI < Lower
🔸 RSI > Middle
🔸 RSI < Middle
🔸 RSI > MA
🔸 RSI < MA
📉 MA Conditions:
🔸 MA > Upper
🔸 MA < Upper
🔸 MA > Lower
🔸 MA < Lower
📉 Crossovers:
🔸 RSI (Crossover) Upper
🔸 RSI (Crossunder) Upper
🔸 RSI (Crossover) Lower
🔸 RSI (Crossunder) Lower
🔸 RSI (Crossover) Middle
🔸 RSI (Crossunder) Middle
🔸 RSI (Crossover) MA
🔸 RSI (Crossunder) MA
🔸 MA (Crossover) Upper
🔸 MA (Crossunder) Upper
🔸 MA (Crossover) Lower
🔸 MA (Crossunder) Lower
📉 RSI Divergences:
🔸 RSI Divergence Bull
🔸 RSI Divergence Bear
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🤖 AUTOMATION 🤖
• You can automate the BUY and SELL signals of this indicator.
______________________________________________________
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⯁ UNIQUE FEATURES
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Signal Validity: The signal will remain valid for X bars
Signal Sequence: Configurable as AND/OR
Condition Table: BUY/SELL
Condition Labels: BUY/SELL
Plot Labels in the Graph Above: BUY/SELL
Automate and Monitor Signals/Alerts: BUY/SELL
Signal Validity: The signal will remain valid for X bars
Signal Sequence: Configurable as AND/OR
Condition Table: BUY/SELL
Condition Labels: BUY/SELL
Plot Labels in the Graph Above: BUY/SELL
Automate and Monitor Signals/Alerts: BUY/SELL
______________________________________________________
📜 SCRIPT : RSI Full
🎴 Art by : @Titans_Invest & @DiFlip
👨💻 Dev by : @Titans_Invest & @DiFlip
🎑 Titans Invest — The Wizards Without Gloves 🧤
✨ Enjoy the Spell!
______________________________________________________
o Mission 🗺
• Inspire Traders to manifest Magic in the Market.
o Vision 𐓏
• To elevate collective Energy 𐓷𐓏
Futures Position Size CalculatorFutures Position Size Calculator by vmkhats
Streamline your futures trading risk management with this intuitive Pine Script utility designed for TradingView. Created by vmkhats, this tool automates position sizing calculations for popular futures contracts, ensuring precise risk control while eliminating manual errors.
Key Features:
Supports 15+ Instruments: Trade confidently with preconfigured settings for indices (ES, NQ, RTY), commodities (CL, GC), currencies (6E), and micro contracts (MES, MNQ, MCL).
Customizable Inputs: Set your risk amount (e.g., $1,000) and stop-loss size in points, tailored to your strategy.
Automatic Calculations: The script computes stop-loss size in ticks, risk per contract, and optimal position size using floor rounding to prevent over-leveraging.
Clear Visual Output: A table displays results (instrument, risk, stop size, contracts) with color-coded alerts for invalid configurations (e.g., zero position size).
Ideal for both novice and seasoned traders, this utility enforces disciplined risk management while saving time. Enhance your TradingView workspace with this essential tool and trade futures with confidence.
Created by vmkhats — ensuring traders stay precise, proactive, and risk-aware.
Tracking Lines with TP/SL + Labels at LeftA simple indicator so you can set your TP and SL tolerance along with capital and leverage.
A red line and green line will represent where current TP and SL would be on the chart along with the number of tokens you need to trade to meet the USD capital to be trades.
Just gives a visual representation of SL to key zones on the chart so you can judge scalp entries a little better :)
Bull Bear Pivot by RawstocksThe "Bull Bear Pivot" indicator is a custom Pine Script (v5) tool designed for TradingView to assist traders in identifying key price levels and pivot points on intraday charts (up to 1-hour timeframes). It combines time-based open price markers, pivot high/low detection, and candlestick visualization to provide a comprehensive view of potential support, resistance, and trend reversal levels. Below is a detailed description of the indicator’s functionality, features, and intended use.
Indicator Overview:
The "Bull Bear Pivot" indicator is tailored for intraday trading, focusing on specific times of the day to mark significant price levels (open prices) and detect pivot points. It plots horizontal lines at the open prices of user-defined sessions, identifies pivot highs and lows on the current chart timeframe, and overlays custom candlesticks to highlight price action. The indicator is designed to work on timeframes of 1 hour or less (e.g., 1-minute, 3-minute, 5-minute, 15-minute, 30-minute, 60-minute) and includes a warning mechanism for invalid timeframes.
Key Features:
Time-Based Open Price Markers:
The indicator allows users to define up to five time-based sessions (e.g., 4:00 AM, 8:30 AM, 9:30 AM, 10:00 AM, and a custom time) to capture the open price at the start of each session.
For each session, it plots a horizontal line at the 1-minute open price, extending from the session start to the market close at 4:00 PM EST.
Each line is accompanied by a label positioned 5 bars to the right of the market close (4:00 PM EST), with the text right-aligned and vertically centered on the line.
Users can enable/disable each marker, customize the session time, label text, line color, and text color via the indicator’s settings.
Pivot Highs and Lows:
The indicator calculates pivot highs and lows on the current chart timeframe using the ta.pivothigh and ta.pivotlow functions.
Pivot highs are marked with green triangles above the bars, and pivot lows are marked with red triangles below the bars.
The pivot period (lookback/lookforward) is user-configurable, allowing flexibility in detecting short-term or longer-term reversals.
Custom Candlesticks:
The indicator overlays custom candlesticks on the chart, colored green for bullish candles (close > open) and red for bearish candles (close < open).
This feature helps visualize price action alongside the open price markers and pivot points.
Timeframe Restriction:
The indicator is designed to work on timeframes of 1 hour or less. If the chart timeframe exceeds 1 hour (e.g., 4-hour, daily), a warning label ("Timeframe > 1H Indicator Disabled") is displayed, and no elements are plotted.
Customizable Appearance:
Users can customize the appearance of the open price marker lines, including the line style (solid, dashed, dotted) and line width.
Labels for the open price markers have no background (transparent) and use customizable text colors.
Circuit Breaker - MFFUThis Indicator Is Used To Protect User From Over Trading After Market Hit The Circuit Breakers.
The CME Exchange Usually Halts Trading If Market Hit + or - 7%.
To Protect Users From Extreme Volatile Condition MFFU, Halts Trading If Market Hits + or - 5%.
This Indicator helps us to plot the circuit breaking lines helping us to when to stop trading.
Buffett Indicator with Historical Bubbles (Clean)The Buffett Indicator is a trusted macroeconomic gauge that compares the total US stock market capitalization to the nation’s GDP. Popularized by Warren Buffett, this metric highlights periods of overvaluation and undervaluation in the market.
This tool offers a clean and accurate visualization of the Buffett Indicator, enhanced with historical bubble annotations for key market events:
Dot-com Bubble (2000)
Global Financial Crisis Peak (2007)
COVID-19 Pre-crash Peak (2020)
Post-COVID Bull Market Peak (2021)
Features:
Dynamic Buffett Ratio (%) calculation using Wilshire 5000 Index as the market cap proxy.
Customizable GDP input for accuracy (update quarterly).
Visual thresholds for fair value, undervaluation, and overvaluation zones.
Historical event markers for educational and analytical context.
Optimized to display clearly across all timeframes: Daily, Weekly, Monthly.
How to Use:
Manually update the GDP input as new data is released.
Use this indicator for macro-level market sentiment analysis and valuation tracking.
Combine with other tools and risk management strategies for comprehensive market insights.
Disclaimer:
This indicator is for educational purposes only. It does not constitute financial advice. Always perform your own research and analysis.
Version: 1.0
we ask Allah reconcile and repay
#BuffettIndicator #MarketValuation #MacroAnalysis #BubbleDetector #LongTermInvestor #USMarket #Wilshire5000 #TradingViewScript
Market Clock with Inline HoursThis script displays a powerful, configurable market session clock that shows the open/closed status and trading hours for major global financial markets — including specialized logic for NY Futures (Globex).
🔑 Key Features:
✅ Real-Time Session Status:
Shows whether each selected market is currently OPEN or CLOSED, based on the user’s selected time zone.
✅ NY Futures Weekend Logic:
Built-in logic ensures NY Futures are marked CLOSED:
Friday after 5:00 PM ET
All of Saturday
Sunday until 6:00 PM ET
This reflects the true CME Globex trading schedule.
✅ 12-Hour Format + Timezone Labels:
Session hours are displayed in 12-hour AM/PM format alongside their associated timezone (EST, GMT, JST, etc.) for clarity.
✅ Fully Configurable Markets:
You can choose to display:
NY Market (RTH)
NY Futures (Globex)
London
Tokyo
Frankfurt
And you can easily toggle them on/off in the settings.
✅ Text Size & Position Customization:
Easily control the text size (tiny → huge) and screen position (top/bottom, left/center/right).
✅ Auto Timezone Offset Support:
Select from a list of common time zones (EST, UTC, JST, etc.), or enter your own custom UTC offset for global flexibility.
✅ Compact & Clean Design:
The layout groups each market’s:
Real-time OPEN/CLOSED status
Trading hours
All into a single column, making the layout clean and dashboard-ready.
🧠 Who is this for?
Day traders
Futures traders
Forex traders
Anyone who tracks multiple time zones or global markets
📌 Notes:
Clock updates based on chart timeframe (e.g., every 1m on a 1-minute chart)
Pine Script doesn't support real-time per-second updates, but works well for market status tracking
💬 Feedback Welcome!
This script was designed to be lightweight and user-friendly. Suggestions and improvements are always welcome — feel free to leave a comment or reach out directly.
Prior LevelThe "Prior Level" indicator displays the previous day's key price levels (Open, High, Low, Close) directly on your chart. These reference levels are essential for intraday trading strategies, support/resistance analysis, and breakout identification.
Key features:
- Shows previous session's Open, High, Low and Close values
- Customizable line colors for better visual distinction
- Adjustable line length for cleaner chart appearance
- Optional data table showing exact values
- Simple and lightweight design for easy chart reading
This indicator helps traders identify important price zones from the previous trading session, allowing for more informed trading decisions based on how current price action interacts with these established levels.
CFD Lot Calculator [MT5 Optimized]CFD Position Size Calculator for MT5 (ES/NQ)
A clean, professional Pine Script tool that calculates optimal position sizes in lots for ES/NQ CFDs based on:
Account balance
Risk percentage per trade
Stop loss in pips
Contract size (default = 1 for MT5)
Features:
✅ Bottom-right compact table
✅ Displays risk amount, stop loss, and lot size
✅ Works with any CFD broker (adjust pip/contract values if needed)
✅ Detailed tooltips explain all inputs
Perfect for traders who want precise position sizing without chart clutter.
RiskCalc FX & GoldRiskCalc FX & Gold is a multi-market position sizing tool designed to help you manage risk quickly and accurately. With this script, simply enter your account capital, the percentage of risk you wish to take, and your stop in ticks. Depending on the selected market—Forex or XAUUSD—the script automatically adjusts its calculations:
Forex: Assumes 1 lot equals 100,000 units.
XAUUSD: Assumes 1 lot equals 100 ounces.
The script calculates your risk in dollars and, using a fixed value of 1 USD per tick per lot, determines the ideal position size in both lots and total contracts. Results are displayed in a clear, centralized table at the top of the chart for real-time decision-making.
Perfect for traders operating across multiple markets who need an automated and consistent approach to risk management.
Trade Ladder Pro: Compounding & Risk ManagerTrade Ladder Pro: Compounding & Risk Manager
Inspired by the popular $20 to $52,000 trading challenge, this tool is designed to help you scale your trading account using systematic compounding and enhanced risk management techniques. Whether you’re aiming for disciplined growth or fine-tuning your risk/reward, Trade Ladder Pro offers a flexible approach to visualizing your trade levels.
How to Use:
Inputs:
Compounding Mode:
Set your starting balance, final balance goal, number of trades, and current trade level. You can move to the next trade after a successful trade in settings. The entries are not signals. They are there to help manage risk.
The script calculates the necessary compounding factor to grow your balance across the defined trades.
Risk Management Mode:
In addition to the above, specify a risk percentage and risk/reward ratio.
Input an entry price (or leave it at 0 to use the current price) to automatically compute the stop loss and take profit levels.
Display Options:
Choose the table’s position on the chart (e.g., Top Right, Top Left, Bottom Right, Bottom Left).
Pick between a vertical or horizontal layout for a display that suits your workflow.
Results:
The table will display the trade level, starting balance, risk amount, entry price, take profit, and (if in Risk Management mode) stop loss along with the projected ending balance.
Community & Feedback:
Your feedback is invaluable! Please share any tips or report any errors you encounter so we can continue to improve this tool. Happy trading!
ATR SL and TP with Candle Freeze & DataWindowThis indicator uses the Average True Range (ATR) to automatically calculate your stop loss (SL) and take profit (TP) levels based on the current market volatility and your chosen multipliers. Here's how it works:
ATR Calculation:
The indicator computes the ATR, which measures the average market volatility over a set period. This value helps gauge how much the price typically moves.
SL and TP Determination:
Depending on whether you're in a long or short trade, the SL and TP are calculated relative to the current price:
For a long trade, the stop loss is set below the current price (by subtracting a multiple of the ATR) and the take profit is set above it (by adding a multiple of the ATR).
For a short trade, the calculations are reversed.
Candle Freeze Feature:
Once a new candle starts, the calculated SL and TP values are "frozen" for that candle. This means they remain constant during the candle's formation, preventing them from updating continuously as the price fluctuates. This can make it easier to plan your trades without the levels shifting mid-candle.
Data Window & Labels:
The SL and TP values are plotted on the chart as lines and displayed in labels for quick reference. Additionally, they appear in TradingView's Data Window, so you can easily copy the price numbers if needed.
Overall, the indicator is designed to help you manage your trades by setting dynamic, volatility-adjusted SL and TP levels that only update at the start of each new candle, aligning with your chosen timeframe. Let me know if you have any more questions or need further adjustments!
VSA Vol Key VSA Signals
(1) No Demand – Bearish Signal
Low volume, narrow spread.
Price rises, but volume does not increase → Weak market, lack of buyers.
If this appears in an uptrend, it may indicate a potential reversal.
(2) No Supply – Bullish Signal
Low volume, narrow spread.
Price declines, but volume does not increase → Weak selling pressure.
If this appears in an uptrend, it may confirm the continuation of the uptrend.
(3) Stopping Volume – Bullish Reversal Signal
Strong price decline, but unusually high volume.
Candle shows a long lower wick, closing near the top.
Indicates Smart Money absorbing supply, signaling a potential reversal upwards.
(4) Climactic Volume – Possible Trend Reversal
Extremely high volume with a sharp price increase or decrease.
If this occurs after a long trend, it may indicate a trend reversal.
Smart Money may be taking profits after a prolonged price movement.
(5) Effort vs. Result
If volume is high but price movement is weak → Inefficient buying/selling, possible reversal.
If volume is high and price moves strongly in the same direction → Trend is likely to continue.
Exact Dynamic Yield SpreadYield Spread Overlay
"Yield Spread Overlay" is an indicator that displays the yield spread between two currencies based on their respective 10-year bond yields. It overlays directly onto the Forex chart, allowing real-time visualization of the relationship between the yield spread and the currency pair's price movements.
This indicator saves time by avoiding the manual addition of bond yields. Unlike manual methods, it supports smaller timeframes (1h, 4h, etc.), making it particularly useful.
Several customization options are available to suit individual preferences:
Custom Display: Adjust the line thickness and color.
Scale Position: Choose between displaying the scale on the right or left side of the chart.
This indicator helps traders better understand currency relationships and can serve as an additional tool within a Forex trading strategy.
All feedback, suggestions, and critiques—positive or negative—are welcome to continually improve this tool.
Daily Range %The Daily Range % Indicator calculates and plots a percentage of the daily range (high to low) based on a custom lookback period. It identifies outside bars from past daily data, prioritizing the most recent unbroken range. If no outside bar is found, it defaults to yesterday's range. The selected percentage of this range is then displayed on the chart, updating once per 5-minute bar (or the chosen resolution).
Mark Hours/Minutes (Formula + Minutes)This Pine Script code is a TradingView indicator that analyzes the hour and minutes of each candle in a 1-minute timeframe and plots a red triangle above the candle if one of the following conditions is met:
Sum/Difference Condition: The sum or the absolute difference of the hours and minutes is equal to 29, 35, or 71, with a tolerance of +/- 1.
Minutes Condition: The minutes are equal to 00, 29, or 35.
This indicator is based on the Goldbach theory and the "algo path" concept popularized by Hopiplaka, which posits that algorithmic trading paths often initiate from minute values of 00, 29, and 35. Use this indicator according to your trading strategy.
Correlation X macroeconomicsFind the correlation between financial assets and the main Brazilian macroeconomic variables:
SELIC rate (Red)
PIB (Green)
Inflation (Blue)
Employment and income (Yellow)
Unlike other indicators that measure the correlation between two assets, the indicator "Correlation X macroeconomics" measures, for example, the correlation that the VALE3 asset has with the SELIC rate.
The correlation is obtained by calculating the variation suffered by a given asset on the day a given Brazilian macroeconomic variable is released.
This indicator can be used on any financial asset.
Use time frame chart = 1 day.
To calculate the correlation, data published by IBGE and the Central Bank of Brazil over a period of time are used. This time period is different depending on the selected macroeconomic variable. Namely:
16 PIB disclosures (4 years)
24 SELIC rate disclosures (3 years)
24 disclosures of IPCA and employment and income data (2 years)
You can select one or more macroeconomic variables to check the effect of correlation separately on each of them.
This indicator "Correlation X macroeconomics" will be updated monthly, as detailed below:
At the end of the day on which the PIB is released
At the end of the day on which employment and income data are released
At the end of the day following the day on which the SELIC rate is published
On the last business day of the month if none of the aforementioned disclosures occur
Lot Size InfoLot Size Info – Quick Futures Lot Size Display
Overview:
The Lot Size Info indicator helps traders quickly determine the lot size of futures contracts for a given symbol.
How It Works:
- Automatically detects whether the current symbol is a futures contract.
- If a futures contract exists, it fetches and displays the lot size.
- If no futures contract is available, it doesn't display anything.
- The information is displayed in a non-intrusive table at the bottom-right of the chart.
Why Use This Indicator?
✅ Instant Futures Lot Size Visibility – No need to check manually.
✅ Prevents Confusion – Displays nothing when no futures contract exists.
✅ Minimal & Non-Distracting UI – Small floating table that updates in real-time.
🔹 Best for: Futures traders, scalpers, and positional traders who frequently switch between stock and futures charts.
🚀 Add this to your TradingView toolkit today!
XAUUSD Correlation IndicatorXAUUSD Correlation Indicator
Questo indicatore per TradingView calcola e visualizza la correlazione tra il prezzo di XAUUSD (oro) e una serie di altri asset finanziari, tra cui valute (EURUSD, AUDUSD, NZDUSD, GBPUSD), metalli preziosi (platino, argento), indici azionari (SPX500, DJI, NASDAQ) e il dollaro statunitense (DXY).
L'indicatore offre:
1. Correlazione: Calcola la correlazione tra XAUUSD e gli altri asset su un periodo personalizzabile, dove un numero superiore allo 0 indica una correlazione positiva ed un numero inferiore allo 0 indica una correlazione negativa.
2. Variazione percentuale: Mostra la variazione percentuale dei prezzi degli asset rispetto all'apertura.
3. Visualizzazione personalizzabile: Permette di ordinare i dati in base alla correlazione o alla variazione percentuale.
4. Tabella interattiva: I risultati sono visualizzati in una tabella colorata, con opzioni per personalizzare i colori di sfondo, testo e bordi.
Ideale per trader e analisti che vogliono monitorare le relazioni tra l'oro e altri mercati in tempo reale, questo strumento aiuta a identificare opportunità di trading basate su correlazioni e tendenze di mercato.
TRP Stop-Loss and Position SizingScript is based on TRP to see both Long Stop Loss and Short Stop Loss, You can Also adjust the position size based on your capital and percentage risk.
*Auto Backtest & Optimize EngineFull-featured Engine for Automatic Backtesting and parameter optimization. Allows you to test millions of different combinations of stop-loss and take profit parameters, including on any connected indicators.
⭕️ Key Futures
Quickly identify the optimal parameters for your strategy.
Automatically generate and test thousands of parameter combinations.
A simple Genetic Algorithm for result selection.
Saves time on manual testing of multiple parameters.
Detailed analysis, sorting, filtering and statistics of results.
Detailed control panel with many tooltips.
Display of key metrics: Profit, Win Rate, etc..
Comprehensive Strategy Score calculation.
In-depth analysis of the performance of different types of stop-losses.
Possibility to use to calculate the best Stop-Take parameters for your position.
Ability to test your own functions and signals.
Customizable visualization of results.
Flexible Stop-Loss Settings:
• Auto ━ Allows you to test all types of Stop Losses at once(listed below).
• S.VOLATY ━ Static stop based on volatility (Fixed, ATR, STDEV).
• Trailing ━ Classic trailing stop following the price.
• Fast Trail ━ Accelerated trailing stop that reacts faster to price movements.
• Volatility ━ Dynamic stop based on volatility indicators.
• Chandelier ━ Stop based on price extremes.
• Activator ━ Dynamic stop based on SAR.
• MA ━ Stop based on moving averages (9 different types).
• SAR ━ Parabolic SAR (Stop and Reverse).
Advanced Take-Profit Options:
• R:R: Risk/Reward ━ sets TP based on SL size.
• T.VOLATY ━ Calculation based on volatility indicators (Fixed, ATR, STDEV).
Testing Modes:
• Stops ━ Cyclical stop-loss testing
• Pivot Point Example ━ Example of using pivot points
• External Example ━ Built-in example how test functions with different parameters
• External Signal ━ Using external signals
⭕️ Usage
━ First Steps:
When opening, select any point on the chart. It will not affect anything until you turn on Manual Start mode (more on this below).
The chart will immediately show the best results of the default Auto mode. You can switch Part's to try to find even better results in the table.
Now you can display any result from the table on the chart by entering its ID in the settings.
Repeat steps 3-4 until you determine which type of Stop Loss you like best. Then set it in the settings instead of Auto mode.
* Example: I flipped through 14 parts before I liked the first result and entered its ID so I could visually evaluate it on the chart.
Then select the stop loss type, choose it in place of Auto mode and repeat steps 3-4 or immediately follow the recommendations of the algorithm.
Now the Genetic Algorithm at the bottom right will prompt you to enter the Parameters you need to search for and select even better results.
Parameters must be entered All at once before they are updated. Enter recommendations strictly in fields with the same names.
Repeat steps 5-6 until there are approximately 10 Part's left or as you like. And after that, easily pour through the remaining Parts and select the best parameters.
━ Example of the finished result.
━ Example of use with Takes
You can also test at the same time along with Take Profit. In this example, I simply enabled Risk/Reward mode and immediately specified in the TP field Maximum RR, Minimum RR and Step. So in this example I can test (3-1) / 0.1 = 20 Takes of different sizes. There are additional tips in the settings.
━
* Soon you will start to understand how the system works and things will become much easier.
* If something doesn't work, just reset the engine settings and start over again.
* Use the tips I have left in the settings and on the Panel.
━ Details:
Sort ━ Sorting results by Score, Profit, Trades, etc..
Filter ━ Filtring results by Score, Profit, Trades, etc..
Trade Type ━ Ability to disable Long\Short but only from statistics.
BackWin ━ Backtest Window Number of Candle the script can test.
Manual Start ━ Enabling it will allow you to call a Stop from a selected point. which you selected when you started the engine.
* If you have a real open position then this mode can help to save good Stop\Take for it.
1 - 9 Сheckboxs ━ Allow you to disable any stop from Auto mode.
Ex Source - Allow you to test Stops/Takes from connected indicators.
Connection guide:
//@version=6
indicator("My script")
rsi = ta.rsi(close, 14)
buy = not na(rsi) and ta.crossover (rsi, 40) // OS = 40
sell = not na(rsi) and ta.crossunder(rsi, 60) // OB = 60
Signal = buy ? +1 : sell ? -1 : 0
plot(Signal, "🔌Connector🔌", display = display.none)
* Format the signal for your indicator in a similar style and then select it in Ex Source.
⭕️ How it Works
Hypothesis of Uniform Distribution of Rare Elements After Mixing.
'This hypothesis states that if an array of N elements contains K valid elements, then after mixing, these valid elements will be approximately uniformly distributed.'
'This means that in a random sample of k elements, the proportion of valid elements should closely match their proportion in the original array, with some random variation.'
'According to the central limit theorem, repeated sampling will result in an average count of valid elements following a normal distribution.'
'This supports the assumption that the valid elements are evenly spread across the array.'
'To test this hypothesis, we can conduct an experiment:'
'Create an array of 1,000,000 elements.'
'Select 1,000 random elements (1%) for validation.'
'Shuffle the array and divide it into groups of 1,000 elements.'
'If the hypothesis holds, each group should contain, on average, 1~ valid element, with minor variations.'
* I'd like to attach more details to My hypothesis but it won't be very relevant here. Since this is a whole separate topic, I will leave the minimum part for understanding the engine.
Practical Application
To apply this hypothesis, I needed a way to generate and thoroughly mix numerous possible combinations. Within Pine, generating over 100,000 combinations presents significant challenges, and storing millions of combinations requires excessive resources.
I developed an efficient mechanism that generates combinations in random order to address these limitations. While conventional methods often produce duplicates or require generating a complete list first, my approach guarantees that the first 10% of possible combinations are both unique and well-distributed. Based on my hypothesis, this sampling is sufficient to determine optimal testing parameters.
Most generators and randomizers fail to accommodate both my hypothesis and Pine's constraints. My solution utilizes a simple Linear Congruential Generator (LCG) for pseudo-randomization, enhanced with prime numbers to increase entropy during generation. I pre-generate the entire parameter range and then apply systematic mixing. This approach, combined with a hybrid combinatorial array-filling technique with linear distribution, delivers excellent generation quality.
My engine can efficiently generate and verify 300 unique combinations per batch. Based on the above, to determine optimal values, only 10-20 Parts need to be manually scrolled through to find the appropriate value or range, eliminating the need for exhaustive testing of millions of parameter combinations.
For the Score statistic I applied all the same, generated a range of Weights, distributed them randomly for each type of statistic to avoid manual distribution.
Score ━ based on Trade, Profit, WinRate, Profit Factor, Drawdown, Sharpe & Sortino & Omega & Calmar Ratio.
⭕️ Notes
For attentive users, a little tricks :)
To save time, switch parts every 3 seconds without waiting for it to load. After 10-20 parts, stop and wait for loading. If the pause is correct, you can switch between the rest of the parts without loading, as they will be cached. This used to work without having to wait for a pause, but now it does slower. This will save a lot of time if you are going to do a deeper backtest.
Sometimes you'll get the error “The scripts take too long to execute.”
For a quick fix you just need to switch the TF or Ticker back and forth and most likely everything will load.
The error appears because of problems on the side of the site because the engine is very heavy. It can also appear if you set too long a period for testing in BackWin or use a heavy indicator for testing.
Manual Start - Allow you to Start you Result from any point. Which in turn can help you choose a good stop-stick for your real position.
* It took me half a year from idea to current realization. This seems to be one of the few ways to build something automatic in backtest format and in this particular Pine environment. There are already better projects in other languages, and they are created much easier and faster because there are no limitations except for personal PC. If you see solutions to improve this system I would be glad if you share the code. At the moment I am tired and will continue him not soon.
Also You can use my previosly big Backtest project with more manual settings(updated soon)
High and Low with Horizontal TableHigh and Low with Horizontal Table Indicator
Overview
The "High and Low with Horizontal Table" indicator is designed for traders who wish to monitor key levels based on specific candle times, along with dynamic risk-to-reward ratios and ATR-based values. This indicator features real-time calculations, visual cues, and a table for quick reference of the calculated values.
Key Features
Custom Time Inputs:
Users can define two specific time inputs to select the candles for the High and Low prices. These times can target the same or separate candles.
ATR-based Calculation:
The indicator allows users to apply an ATR Multiplier to adjust the calculation of key levels. By default, the ATR multiplier is set to 1.2, but users can adjust it to their preferred value (e.g., 1.5 or 2).
Risk-to-Reward (R:R) Calculation:
The Risk-to-Reward Ratio (R:R) is used to calculate potential Take Profit (TP) levels based on the high and low of the selected candle(s).
The default R:R ratio is 2.0, but it can be customized to suit the trader’s strategy.
Visual Markings:
The High and Low values are plotted with subtle markers on the chart (cross style) for easy identification. The display of these markers is subdued for minimal visual distraction.
Horizontal Table Display:
A horizontal table is generated in the top-right corner of the chart, providing a quick reference for the following values:
High and Low of the selected candle(s)
High + ATR Multiplier and Low - ATR Multiplier
R:R ratio
Buy TP and Sell TP levels
Each value is displayed with a reasonable number of decimal places (4 decimals) for major forex pairs, XAUUSD, and BTCUSD.
Input Parameters
Hour and Minute for High Candle: Select the time for the candle that will determine the High.
Hour and Minute for Low Candle: Select the time for the candle that will determine the Low.
ATR Multiplier: A customizable input for adjusting the ATR-based calculations (default is 1.2).
Risk-to-Reward (R:R): Set the ratio to determine the TP levels (default is 2.0).
How It Works
The user defines two distinct time inputs (one for the High and one for the Low).
At the specified times, the indicator captures the High and Low prices of the candles.
The ATR is calculated and adjusted by the user-defined ATR Multiplier to determine buffers above the High and below the Low.
The Risk-to-Reward ratio is applied to calculate the Take Profit levels.
All of these values are displayed on the chart and updated in real time. The horizontal table ensures quick reference to all the key levels without cluttering the main chart.
Use Cases
Trend Trading: Identify potential support and resistance levels based on specific timeframes and adjust TP targets using ATR.
Scalping: Use the ATR and R:R calculations to target precise entry and exit points.
Market Opens: Track key market opens (such as New York and London) with candle times that reflect your trading strategy.
Conclusion
The High and Low with Horizontal Table indicator is a powerful tool for traders looking to combine precise candle-based level tracking with ATR-based risk management. By displaying key levels and TP targets in a clear, tabular format, traders can quickly assess and act on key price levels throughout their trading sessions.
