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Riskmangement

[MAD] Position starter & calculatorThe tool you're using is a financial instrument trading planner and analyzer. Here is how to use it: Trade Planning: You can plan your trade entries and exits, calculating potential profits, losses, and their ratio (P/L ratio). You can define up to five target closing prices with varying volumes, which can be individually activated or deactivated (volume set to 0%). Risk Management: There's a stop-loss function to calculate and limit potential losses. Additionally, it includes a liquidation pre-calculation for adjustable leverages and position maintenance(subject to exchange variation). Customization: You can customize the tool's appearance with five adjustable color schemes, light and dark. ----------------- Initiation: This tool functions as an indicator. To start, add it as an indicator. Once added, you can close the indicator window. Now wait, till you'll see a blue box at the bottom of the input window. Parameter Input: Enter your parameters (SL, box left, box right, TP1, TP2, TP3, TP4, TP5) in the direction of the desired trade. Click from top to bottom for a short trade or bottom to top for a long trade. Adjustment: If you want to move the box in the future, adjust the times in the indicator settings directly as click input is not yet platform-supported. This tool functions as a ruler and doesn't offer alerts (for now). Here is another examples of how to set up a Position-calculation but here for a short: Have fun trading
Pine Script® göstergesi
djmad tarafından
16
AWD TRADE MANAGER (ATM) by ManhDNAWD TRADE MANAGER (ATM) is a position management tool including with some advanced features and entry suggestions. It helps you to do most of position calculations and position management, reduce time spent for charting by alerts. There are 3 main things to describe about the manager: (1) The original function of the manager is to help traders to manage their trades with automatic calculations of all factors of their trades with some of input values. For example, it will calculate the trade volume when you enter the bet size, entry and stop loss price. It calculates take profit price when you enter entry, stop loss prices and the risk/reward ratio, … (2) Another function is the system of alerts. After set up a trade, create an alert and the manager will do the rest. It will send you an alert when the limit order got filled, got stopped out, take profit level hit, or even it reached a key level or an opposite/spike move just occurred… (3) Entry suggestions: Suggest entries with price action strategies. Details bellow. Features in details: (1) Automatic calculations: - Auto calculate trade volume based on entry, stop loss prices and the money users willing to lose when the trade is failed. Auto detect some type of assets and volume will be calculated in USD (for cryptocurrencies) or in lot (for forex). - Auto calculate take profit price based on entry, stop loss prices and expected rr ratio. -Auto suggest take profit price based on pivot points. - Auto suggest stop loss price based on pivot points. - You can enter several exit points with percentages and the manager will calculate the averaged risk reward ratio you earned after the last exit price reached. - Quick entry price pick to reduce typing requirement. - Quick trade set up: 2 checkboxes and 1 number entering to set up a trade. (2) Alert system After setting up a trade and creating an alert of the manager, it will follow the market and your order. It will send you alerts for all the events that you should follow up your position. These alerts can be sent to your pc, your phone and your smart watch, so even you are a full-time day trader, you will save your time for charting or managing your positions. Here’s the list of alerts: - Sending alert when suggesting an entry with details calculated from preset inputs so you can just pick that info to enter the position including trading volume, entry, stop loss, take profit prices, timeframe, estimated risk-reward ratio … - Sending alert when a limit order got filled and auto switch to position-managing-mode. - Sending alert when a limit order in still staying unfilled but should be canceled (because of price reaching a key level or is running too far, …) - Sending alert when the position got stopped out or TP hit. - Sending alert when the running position reached a key level and need to be watched out. - Sending alert when a spike move or opposite move just occurred. - Sending alert when a position is taking too long to run. - You can also set 3 levels of price with messages then ATM will send you alerts when price reaches those levels. - When price runs, ATM might suggest you to move stop loss to levels based on pivot points by sending you alerts. - Alert when a BOS occurred. - Options to turn on/off each kind of alert. (3) Entry suggestions. The script included price action entry suggestions. The 1st strategy is getting in a position when a candle pattern occurred and confirmed by MA20. The 2nd strategy is detecting double top/bottom and a candle pattern confirm break out after that. The 3rd strategy is a pullback strategy, in a trending market, a candle pattern occurs and confirms the pullback ends, it will suggest an entry. All those strategies I am using by myself for a long period of time but to make sure they are good for your trading style, do your own research and backtest before use. Keep in mind to manage risk and be responsible to your capital. User side modifications: - Those price action strategies have some major arguments that users can tune themselves to make it meet their style or their needs like choosing method to suggest entries, refine entry quality by changing the confirmation methods,… - Most of appearance factors can be changed by users. - one-click to toggle between full features and simple mode. TradingView Chart demo pictures: Author's bio: I have been a full-time day trader for 7 years. I like coding with Pinescript and I also developed some helpful indicators that provide unique aspects to approach markets and the most favorite one from that is Relative Volume Index (RVI) that will be introduced in near future. Disclaimer: This tool has been tested and been using for my own trading career for a long period of time but practicing to use it yourself to understand it and use it correctly is needed. All of the features have been carefully tested before publishing but make sure to double-check all the info you get from it before getting into a trade to avoid losing money by a sudden mistake or even a bug. Keep in mind you will need to take all the responsibility with your capital or any potential loss while using this tool. If you get anything wrong while using it, please leave some comments bellow, all of your ideas or suggestions will be taken seriously. Thank you in advance! (It is not possible to explain all the settings or features within the description, If you have questions, please leave comment, I will answer to help you to get familiar with the tool.)
Pine Script® göstergesi
ManhDN1a tarafından
4
Position Tools [Lot,Profit,Loss,Entry,RR,Balance][Mir Nader]This indicator is the advanced version of the position tool in Trading View. When I opened a trade in Metatrader, I had to switch between the MetaTrader and Trading View programs for the amount of profit or loss, that's why I thought of writing an indicator that shows the exact amount of profit, loss, size and other values ​​of the open trade. It came to my mind. Also, when you use the reply section for backtesting, this indicator helps you to use all the necessary information in each Trade to accurately calculate Trades. To enter, it is enough to specify the three entry points, target and stop loss according to the message that is displayed to you, so that all the necessary information will be displayed for you. Well, let's get to the main explanation about how the indicator works : The indicator consists of two parts : 1 - the calculation table 2 - trade on the chart Calculation table This table shows the exact calculations of your trade live. As you can see, this table consists of 10 sections, which I will describe each. 1 - Your trade entry point on the chart 2 - Your Stop Loss point along with the loss Pip amount 3 - Your Take Profit point along with the Profit Pip amount 4- The fourth part of the table, which is the most important part in my view, shows your current profit amount according to the risk percentage and your Broker Commission per Lot you have defined for Trade, and according to the balance, risk, Tp and Sl value, just like a Risk Management. It suggests the volume of your input based on the lot. 5 - Show the percentage change of the main market according to your trade live 6 - Display the value of Risk to Reward both according to Target Profit and live 7 - This section and the next section of the table show the amount of profit live according to the amount of the lot determined by you and without the risk of the transaction. 8 - Display the current amount of your balance according to whether the trade is in profit or loss trade on the chart The second part of the indicator includes the events that are being displayed on your chart This section supports three types of display modes for buying or selling trades. The first condition of your trade is that the price has not yet reached the entry point. The second state is your trade that has not yet hit your target or stop And the third state of your trade is that your target or stop has been hit. Further Details : I am still working on many conditions to add to the indicator and this will take more time. For example, showing RR live on the chart after each touch has been added for buying Trade but this part is still problematic for selling Trade In the picture below, you can see that your Trade has already passed 3R profit I have placed three labels next to each Trade for you so that you can see the values ​​of Tp, Stop and Live without needing a table. These values ​​will soon be visible with more options. All calculations with precise mathematical formulas for accurate performance have been done by myself. I will be at your service soon with more updates, I will be happy if you send me your suggestions to improve the indicator.
Pine Script® göstergesi
MirNader_ tarafından
2
Lots / Leverage / Margin [JoseMetal]============ ENGLISH ============ - Description: This is a utility indicator, it prints a table with ATR, Volatility, Lotage and Margin for 3 custom timeframes, using the ATR of basis, it calculates volatility (%) and a recommended lotage depending on your risk settings. A few months ago i fled from crypto exchanges to regulated brokers, and working with lots instead of plain margin was a bit of headache, i also trade with crypto, currencies, metals and indexes, each with different volatility, leverage... so this tool was a MUST for me to code. So basically, this tool allows to keep the same RISK for every single asset, no matter if they have different volatility. - Visual: The indicator shows a table with all the info explained, ATR, Volatility... For each timeframe it also prints 3 periods, short, long and average, you can show/hide timeframes and the different periods. - Customization: Colors in the table are custom, as well as the font size. The risk management settings start with the margin you want to use as average, then you can customize your asset leverage, the risk (which is a value you HAVE to keep the same for all assets to balance the results correctly) and units per lot. You can increase/decrease risk if you want to, i personally take DAILY values with a 18-20 risk to trade on a 4H chart. For the "units per lot" take in mind that usually that value is ONE, but in some assets with really low value like currencies or some crypto your broker can set 1 lot to xxxx units, that's why you have that option. - Usage and recommendations: As i said i trade from 4H to daily, that's why my risk setting is 18-20, i use the lots plotted in the table on DAILY. If you're more a scalper, just adjust the timeframes to your needs :) Enjoy! ============ INGLÉS ============ - Descripción: Este es un indicador de utilidad, imprime una tabla con ATR, Volatilidad, Lotaje y Margen para 3 temporalidades personalizadas, usando el ATR de base, calcula la volatilidad (%) y un lotaje recomendado dependiendo de tu configuración de riesgo. Hace unos meses cambié de intercambios crypto (exchanges) a brokers regulados, y trabajar con lotes en lugar de margen simple era un poco dolor de cabeza, también tradeo con crypto, divisas, metales e índices, cada uno con diferente volatilidad, apalancamiento... así que esta herramienta era IMPRESCINDIBLE para mí de programar. Básicamente, esta herramienta permite mantener el mismo RIESGO para cada activo, sin importar si tienen diferente volatilidad. - Visual: El indicador muestra una tabla con toda la información explicada, ATR, Volatilidad... Para cada temporalidad también imprime 3 períodos, corto, largo y medio, puedes mostrar/ocultar los marcos temporales y los diferentes periodos. - Personalización: Los colores de la tabla son personalizados, así como el tamaño de la fuente. La configuración de la gestión del riesgo comienza con el margen que deseas utilizar como promedio, a continuación, puedes personalizar el apalancamiento del activo, el riesgo (que es un valor que TIENE que mantener igual para todos los activos para equilibrar los resultados correctamente) y las unidades por lote. Puedes aumentar/disminuir el riesgo si quieres, yo personalmente tomo valores DIARIOS con un riesgo de 18-20 para operar en un gráfico de 4H. Para las "unidades por lote" ten en cuenta que normalmente ese valor es UNO, pero en algunos activos con valor realmente bajo como divisas o algunas criptomonedas tu broker puede poner 1 lote a xxxx unidades, por eso agrego esa opción. - Uso y recomendaciones: Como dije yo opero de 4H a diario, por eso mi ajuste de riesgo es de 18-20, uso los lotes graficados en la tabla en DIARIO. Si eres más un scalper, sólo tienes que ajustar las temporalidades a tus necesidades :) ¡Que lo disfrutes!
Pine Script® göstergesi
JoseMetal tarafından
3
Position Size and PNL CalculatorPosition Size and PNL Calculator is a Tool indicator which will help trader determine Trading's Position Size base on many risk management method such is Risk Per Trade, Fix Position Size, Fix Initial cost. The stoploss of the order will be set after ATR Stoploss method like my lasted Indicator ATR Stop Loss and Take Profit Finder . This Tool is using the concept of - ATR ( Average True Range ) - Risk Reward Ratio (Money Management method) - Leverage Position Size Calculation - Leverage PNL Calculation - Risk Per Trade money management for calculating the size of position base on Account Balance and Risk How Position Size and PNL Calculator working? 1) The tool will let user Input time and price that trader are entering the order. Then trader have to select the direction of trade, weather it is long position or short position 2) Next It will use entry price to Calculate the Stoploss price buy Calculating its ATR according to the setting then, then The entry price will be plus/mins by ATR*Multiply to get a Stoploss price 3) then we will * Risk Reward Ratio to the distance of stoploss in order to create Takeprofit price 4) After then the tool will simulate and calculate Initial cost/Initial position size base on your setting, and will display Stoploss Price, Take Profit Price, PNL% of Loss if Stoploss is trigger, PNL% of Gain if Take profit is Trigger and current RR/ PNL% 5) User can adjust the leverage and other setting in Indicator setting How to use Position Size and PNL Calculator As it was mention, Position Size and PNL Calculator is just a tool that help trader determine Trading's Position Size, PNL and risk management. Trader must use this tool only as a Position Tracking after you help entry order with your our trading strategy
Pine Script® göstergesi
Pornnarong tarafından
Curved Stop Loss (Expo)█ Overview Curved Stop Loss (Expo) automatically calculates the best stop-loss distance based on real-time momentum and volatility. Once the algorithm has analyzed the current market characteristics, a curved stop loss is placed on the chart. As a result, the trader can be confident that the stop loss is based on data insights. One of the key elements of a curved stop loss is that it ensures that the trade can either be stopped with a profit or only with a minor loss without compromising the profit potential. Hence, using the Curved Stop Loss makes a massive difference in the overall results. █ Why is this tool needed? Risk management is a key concept to grasp and use in your trading, and it's one of the most critical aspects that will determine your long-term success in this industry. The market is uncertain, and it's impossible to know what the future holds. The only way to take control of the unknown is to have a proper risk management system that ensures you don't blow your account in one trade. Therefore, all traders need to understand the importance of using a risk- and money-management tool that calculates and provides stop-loss and take-profit levels in real-time. This way, you will always know where to take your stop loss and secure profit. █ How to use This Curved Stop Loss helps traders set a stop loss based on current momentum and volatility. It can be used to minimize your risk and maximize your profit potential. ----------------- Disclaimer The information contained in my Scripts/Indicators/Ideas/Algos/Systems does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. My Scripts/Indicators/Ideas/Algos/Systems are only for educational purposes!
Pine Script® göstergesi
Zeiierman tarafından
55
Coral Trend Pullback Strategy (TradeIQ)Description: Strategy is taken from the TradeIQ YouTube video called "I Finally Found 80% Win Rate Trading Strategy For Crypto". Check out the full video for further details/clarification on strategy entry/exit conditions. The default settings are exactly as TradeIQ described in his video. However I found some better results by some tweaking settings, increasing R:R ratio and by turning off confirmation indicators. This would suggest that perhaps the current confirmation indicators are not the best options. I'm happy to try add some other optional confirmation indicators if they look to be more effective. Recommended timeframe: 1H Strategy incorporates the following features: Risk management: Configurable X% loss per stop loss Configurable R:R ratio Trade entry: Based on strategy conditions below Trade exit: Based on strategy conditions below Backtesting: Configurable backtesting range by date Trade drawings: Each entry condition indicator can be turned on and off TP/SL boxes drawn for all trades. Can be turned on and off Trade exit information labels. Can be turned on and off NOTE: Trade drawings will only be applicable when using overlay strategies Alerting: Alerts on LONG and SHORT trade entries Debugging: Includes section with useful debugging techniques Strategy conditions Trade entry: LONG C1: Coral Trend is bullish C2: At least 1 candle where low is above Coral Trend since last cross above Coral Trend C3: Pullback happens and price closes below Coral Trend C4: Coral Trend colour remains bullish for duration of pullback C5: After valid pullback, price then closes above Coral Trend C6: Optional confirmation indicators (choose either C6.1 or C6.2 or NONE): C6.1: ADX and DI (Single indicator) C6.1.1: Green line is above red line C6.1.2: Blue line > 20 C6.1.3: Blue trending up over last 1 candle C6.2: Absolute Strengeh Histogram + HawkEye Volume Indicator (Two indicators combined) C6.2.1: Absolute Strengeh Histogram colour is blue C6.2.2: HawkEye Volume Indicator colour is green SHORT C1: Coral Trend is bearish C2: At least 1 candle where high is below Coral Trend since last cross below Coral Trend C3: Pullback happens and price closes above Coral Trend C4: Coral Trend colour remains bearish for duration of pullback C5: After valid pullback, price then closes below Coral Trend C6: Optional confirmation indicators (choose either C6.1 or C6.2 or NONE): C6.1: ADX and DI (Single indicator) C6.1.1: Red line is above green line C6.1.2: Blue line > 20 C6.1.3: Blue trending up over last 1 candle C6.2: Absolute Strengeh Histogram + HawkEye Volume Indicator (Two indicators combined) C6.2.1: Absolute Strengeh Histogram colour is red C6.2.2: HawkEye Volume Indicator colour is red NOTE: All the optional confirmation indicators cannot be overlayed with Coral Trend so feel free to add each separately to the chart for visual purposes Trade exit: Stop Loss: Calculated by recent swing low over previous X candles (configurable with "Local High/Low Lookback") Take Profit: Calculated from R:R multiplier * Stop Loss size Credits Strategy origin: TradeIQ's YouTube video called "I Finally Found 80% Win Rate Trading Strategy For Crypto" It combines the following indicators for trade entry conditions: Coral Trend Indicator by @LazyBear (Main indicator) Absolute Strength Histogram | jh by @jiehonglim (Optional confirmation indicator) Indicator: HawkEye Volume Indicator by @LazyBear (Optional confirmation indicator) ADX and DI by @BeikabuOyaji (Optional confirmation indicator)
Pine Script® stratejisi
kevinmck100 tarafından
16
Simple and Profitable Scalping Strategy (ForexSignals TV)Strategy is based on the "SIMPLE and PROFITABLE Forex Scalping Strategy" taken from YouTube channel ForexSignals TV. See video for a detailed explaination of the whole strategy. I'm not entirely happy with the performance of this strategy yet however I do believe it has potential as the concept makes a lot of sense. I'm open to any ideas people have on how it could be improved. Strategy incorporates the following features: Risk management: Configurable X% loss per stop (default to 1%) Configurable R:R ratio Trade entry: Based on stratgey conditions outlined below Trade exit: Based on stratgey conditions outlined below Backtesting: Configurable backtesting range by date Trade drawings: Each entry condition indicator can be turned on and off TP/SL boxes drawn for all trades. Can be turned on and off Trade exit information labels. Can be turned on and off NOTE: Trade drawings will only be applicable when using overlay strategies Debugging: Includes section with useful debugging techniques Strategy conditions Trade entry: LONG C1: On higher timeframe trend EMAs, Fast EMA must be above Slow EMA C2: On higher timeframe trend EMAs, price must be above Fast EMA C3: On current timeframe entry EMAs, Fast EMA must be above Medium EMA and Medium EMA must be above Slow EMA C4: On current timeframe entry EMAs, all 3 EMA lines must have fanned out in upward direction for previous X candles (configurable) C5: On current timeframe entry EMAs, previous candle must have closed above and not touched any EMA lines C6: On current timeframe entry EMAs, current candle must have pulled back to touch the EMA line(s) C7: Price must break through the high of the last X candles (plus price buffer) to trigger entry (stop order entry) SHORT C1: On higher timeframe trend EMAs, Fast EMA must be below Slow EMA C2: On higher timeframe trend EMAs, price must be below Fast EMA C3: On current timeframe entry EMAs, Fast EMA must be below Medium EMA and Medium EMA must be below Slow EMA C4: On current timeframe entry EMAs, all 3 EMA lines must have fanned out in downward direction for previous X candles (configurable) C5: On current timeframe entry EMAs, previous candle must have closed above and not touched any EMA lines C6: On current timeframe entry EMAs, current candle must have pulled back to touch the EMA line(s) C7: Price must break through the low of the last X candles (plus price buffer) to trigger entry (stop order entry) Trade entry: Calculated position size based on risk tolerance Entry price is a stop order set just above (buffer configurable) the recent swing high/low (long/short) Trade exit: Stop Loss is set just below (buffer configurable) trigger candle's low/high (long/short) Take Profit calculated from Stop Loss using R:R ratio Credits "SIMPLE and PROFITABLE Forex Scalping Strategy" taken from YouTube channel ForexSignals TV
Pine Script® stratejisi
kevinmck100 tarafından
SSL + Wave Trend StrategyStrategy incorporates the following features: Risk management: Configurable X% loss per stop loss Configurable R:R ratio Trade entry: Based on strategy conditions below Trade exit: Based on strategy conditions below Backtesting: Configurable backtesting range by date Trade drawings: Each entry condition indicator can be turned on and off TP/SL boxes drawn for all trades. Can be turned on and off Trade exit information labels. Can be turned on and off NOTE: Trade drawings will only be applicable when using overlay strategies Alerting: Alerts on LONG and SHORT trade entries Debugging: Includes section with useful debugging techniques Strategy conditions Trade entry: LONG C1: SSL Hybrid baseline is BLUE C2: SSL Channel crosses up (green above red) C3: Wave Trend crosses up (represented by pink candle body) C4: Entry candle height is not greater than configured threshold C5: Entry candle is inside Keltner Channel (wicks or body depending on configuration) C6: Take Profit target does not touch EMA (represents resistance) SHORT C1: SSL Hybrid baseline is RED C2: SSL Channel crosses down (red above green) C3: Wave Trend crosses down (represented by orange candle body) C4: Entry candle height is not greater than configured threshold C5: Entry candle is inside Keltner Channel (wicks or body depending on configuration) C6: Take Profit target does not touch EMA (represents support) Trade exit: Stop Loss: Size configurable with NNFX ATR multiplier Take Profit: Calculated from Stop Loss using R:R ratio Credits Strategy is based on the YouTube video "This Unique Strategy Made 47% Profit in 2.5 Months " by TradeSmart. It combines the following indicators to determine trade entry/exit conditions: Wave Trend: Indicator: WaveTrend Oscillator by @LazyBear SSL Channel: SSL channel by @ErwinBeckers SSL Hybrid: SSL Hybrid by @Mihkel00 Keltner Channels: Keltner Channels Bands by @ceyhun Candle Height: Candle Height in Percentage - Columns by @FreeReveller NNFX ATR: NNFX ATR by @sueun123
Pine Script® stratejisi
kevinmck100 tarafından
7
Risk Management Strategy TemplateThis strategy is intended to be used as a base template for building new strategies. It incorporates the following features: Risk management: Configurable X% loss per stop loss Configurable R:R ratio Trade entry: Calculated position size based on risk tolerance Trade exit: Stop Loss currently configurable ATR multiplier but can be replaced based on strategy Take Profit calculated from Stop Loss using R:R ratio Backtesting: Configurable backtesting range by date Trade drawings: TP/SL boxes drawn for all trades. Can be turned on and off Trade exit information labels. Can be turned on and off NOTE: Trade drawings will only be applicable when using overlay strategies Debugging: Includes section with useful debugging techniques Strategy conditions Trade entry: LONG C1: Price is above EMA line C2: RSI is crossing out of oversold area SHORT C1: Price is below EMA line C2: RSI is crossing out of overbought area Trade exit: Stop Loss: Stop Loss ATR multiplier is hit Take Profit: R:R multiplier * Stop Loss is hit The idea is to use RSI to catch pullbacks within the main trend. Note that this strategy is intended to be a simple base strategy for building upon. It was not designed to be traded in its current form.
Pine Script® stratejisi
kevinmck100 tarafından
10
NNFX Exposure UtilityOVERVIEW This tool allows the user to manually keep track of how much of their account is currently exposed to each currency, and keep that information handy and organized on the chart as a table. It is specialized for NNFX traders who are trading all the pairs among the 9 major currency crosses: AUD, CAD, CHF, EUR, GBP, JPY, NZD, SGD, USD. HOW DO I USE THIS INDICATOR? Before you take a trade, you should open the indicator settings for this indicator and check off which currencies you are about to go long and short on. Here are 3 trades taken as examples: If you go long on EUR/USD with 2% risk, your exposure is 2% long on EUR and 2% short on USD. Then if you go short on GBP/SGD with 2% risk, your exposure is 2% short on GBP and 2% long on SGD. But if you go long on SGD/JPY with 2% risk, your exposure would now be 4% long on SGD and 2% short on JPY. This is against your rules if you are trading the NNFX way. So this tool allows you to see when you are about to accidentally overexpose yourself to any currency pair.
Pine Script® göstergesi
bjr117 tarafından
6
Value At Risk Channel [AstrideUnicorn]The Value at Risk Channel (VaR Channel) is a trading indicator designed to help traders control the level of risk exposure in their positions. The user can select a time period and a probability value, and the indicator will plot the upper and lower limits that the price can reach during the selected time period with the given probability. CONCEPTS The indicator is based on the Value at Risk (VaR) calculation. VaR is an important metric in risk management that quantifies the degree of potential financial loss within a position, portfolio or company over a specific period of time. It is widely used by financial institutions like banks and investment companies to forecast the extent and likelihood of potential losses in their portfolios. We use the so-called “historical method” to compute VaR. The algorithm looks at the history of past returns and creates a histogram that represents the statistical distribution of past returns. Assuming that the returns follow a normal distribution, one can assign a probability to each value of return. The probability of a specific return value is determined by the distribution percentile to which it belongs. HOW TO USE Let’s assume you want to plot the upper and lower limits that price will reach within 4 hours with 5% probability. To do this, go to the indicator Settings tab and set the Timeframe parameter to "4 hours'' and the Probability parameter to 5.0. You can use the indicator to set your Stop-Loss at the price level where it will trigger with low probability. And what's more, you can measure and control the probability of triggering. You can also see how likely it is that the price will reach your Take-Profit within a specific period of time. For example, you expect your target level to be reached within a week. To determine this probability, set the Timeframe parameter to "1 week" and adjust the Probability parameter so that the upper or lower limit of your VaR channel is close to your Take-Profit level. The resulting Probability parameter value will show the probability of reaching your target in the expected time. The indicator can be a useful tool for measuring and managing risk, as well as for developing and fine-tuning trading strategies. If you find other uses for the indicator, feel free to share them in the comments! SETTINGS Timeframe - sets the time period, during which the price can reach the upper or lower bound of the VaR channel with the probability, set by the Probability parameter. Probability - specifies the probability with which the price can reach the upper or lower bound of the VaR channel during the time period specified by the Timeframe parameter. Window - specifies the length of history (number of historical bars) used for VaR calculation.
Pine Script® göstergesi
AstrideUnicorn tarafından
Future Risk CalculatorCreated out of revenge against the difficulty of controlling psychology, greed, and risk management. Designed for cryptocurrency futures trading by following the risk management principles from Kevin Sailly. Very welcome if there are suggestions and input to improve the quality of this "indicator". Please use wisely. How to use: 1. Open indicator settings. 2. Fill out all the forms. (Note: I make Max Loss Risk only has 5 options. Because, you know, to control the greed. You can choose by considering your risk profiles and market condition) 3. All of the information and calculation will appear on the label (right side of the bar chart) and top-right box. 4. You can adjust the three prices (target, entry, and stop) by clicking any part of the indicator. There will be three dots in the middle of the chart window (align with three prices). Click that dots and drag them up/down to customize according to your wishes. The price order must be correct, for LONG direction the price order from the top is target-entry-stop. Vice versa for SHORT direction. There will be "SETUP ERROR" text in the top-right box if the price order is not correct. "Never, ever argue with your trading system." (by Michael Covel) Regards, Ircham
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i_am_ian tarafından
4
Trade & Risk Management Tool (Expo)█ Trade & Risk Management Tool (Expo) is a sophisticated and complete trading tool that helps traders manage their position and risk. This tool makes risk and trade management simple and convenient; literally, anyone can use it. The key feature is its ability to set the stop-loss automatically. █ The key feature of this tool is that it sets the stop loss automatically depending on the current market characteristics; in other words, it's a stop-loss that adapts dynamically and optimizes to suggest the best possible stop-loss at that time. In addition, the user can set the preferred risk-reward, and the tool will automatically calculate the RR and Take Profit Levels for you. There is also a possibility to add up to 4 take profit levels, all based on your set RR. The Auto Stop-loss feature comes with even more customization, and the trader can enable a trailing stop and set a custom stop-loss instead of using the default one. █ The Trade & Risk Management Tool also calculates the current position P&L in points/pips or %. Positions size is automatically calculated based on the account size and % of the capital you want to risk. In addition, we have added Expected Return in % for the active position. This is a feature that experienced traders commonly use. Set the Probability of Gain and the Probability of Loss, and the tool will calculate the expected return based on the SL and TP. The probability of gain/loss can be calculated using historical data or for experienced traders by making an educated guess. █ Why is this tool needed? Trade & Risk management is a key concept to grasp and use in your trading, and it's one of the most critical aspects that will determine your long-term success in this industry. The market is uncertain, and it's impossible to know what the future holds. The only way to take control of the unknown is to have a sound risk management system that ensures you don't blow your account in one trade. Therefore all traders need to understand the importance of using a risk- and money management tool that calculates and provides stop-loss and take-profit levels in real-time. This way, you will always know where to take your stop-loss and secure profit. The position size calculator prevents you from taking too much risk and the predefined stop-loss and take-profit levels help you manage your position. The tool makes sure you maximize the profit potential while minimizing the losses. It also prevents you from taking too much risk. It all comes down to managing the risk and managing profit. Make sure that you always know how much you can risk at each trade, where to put your stop-loss, and take profit. A general rule is to find a good balance between reward and risk (RR), preferably a risk-reward ratio of 2:1 or 3:1, where your targeted profits are always double that of your maximum losses. █ This trading tool makes something so important so easy for you, and it's a must-have to succeed in trading for the long term. █ HOW TO USE Use the tool to manage your active position. ----------------- Disclaimer Copyright by Zeiierman. The information contained in my Scripts/Indicators/Ideas/Algos/Systems does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. My Scripts/Indicators/Ideas/Algos/Systems are only for educational purposes!
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Zeiierman tarafından
37
RISK managment TOOL not a netive english speakr - soory for spelling problems. this tool purpse is to help you dtermine postion sizing it take a trend meeter of your chose and mesure it with the high and low of lookback number (defult is 100 ) you can chose your trend meeter from 'close','VOL', 'MA short' , 'MA long' , 'MACD', 'VOL MA', 'ATR', 'MFI', 'TSI' with that you can see if you are "overbought" or "oversold " with the highest and lowest of a lookback period and size acording to that . the MA box - MAshort and MA long is the same box for the MACD ma for calcs and for the TSI for long - if in lower band buy +++ if midelle buy +++ if high buy + for short - if in highr band short +++ if midelle short ++ if low short ++ hope it will help you for source - comment email and tip. כלי ניהול הסיכונים הזה נועד להראות לכם את היחס של המתנד הנבחר ביחס לגבוהה והנמוך בבחירת טווח הזמן הנבחר ( דיפולט הוא 100 ימים אחורה ) ובכך לעזור לכם בהחלטת גודל הפוזציה הכלי נועד לעזור בוויזאולציה של הטרנד לעומת האיתות שאתם מקבלים ביחס לגבוהה או הנמוך של 100 ימים אחורה אם אתם מתכננים עסקת לונג העדיפות לקנות כאשר הסמן נמצא ברצועה התחתונה ובמקום זה תוכלו להגדיל את הפוזציה ל +++ כאשר הסמן נמצא ברצועה האמצעית אפשר לקנות ++ וכאשר הסמן נמצא למעלה עדיף לשקול את הפוזציה או לקנות + ההפך לשורט. לקבלת הקוד אפשר להשאיר מייל בתגובה + טיפ. תודה ל @daviddtech tnx to
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adishaz tarafından
PhinkTrade Risk Manager EssentialsHello there, fellow traders! So, happy to bring you a new, free tool: my Risk Manager Essentials . (To use it, click on "Add to favorite indicators" below, and then look for it in your charts’ "Indicators & Strategies" dialog window, inside "Favorites" tab.) The main objective of this indicator is to help and incentivize as many traders as possible to adopt essential risk management practices . First and foremost, it helps you define how much you can buy or sell, at your chosen price levels, in order to keep your risk always under control (in other words: in order to limit the amount you can potentially lose with a trade if your stop loss order is hit). This is fundamental if you want to have a lasting and successful trading career: protect your capital, always . Because without it, you know: it’s game over. Indicator also helps you visualize where minimum ideal target / take profit level is , given your risk, using the popular 3:1 Return/Risk ratio (R/R) . 3:1 R/R ratio is popular because with it you only need to “be right” (have price reach your targets) about 33% of the time, in order to be profitable : in other words, the fewer successful trades will pay you more than the sum of your unsuccessful ones will take from you. So, make sure your strategy has a success rate greater than 33% and apply 3:1 R/R to your trades . This indicator will help you that, and with developing the necessary discipline . For example, by knowing where the ideal target should be, given your choices, you can assess the likelihood of it being reached in current price context. If that would look like a hard to happen scenario, it would probably be a good idea to avoid taking that particular trade. Now, let’s see how it works: When you deploy the indicator to the chart for the first time, you’ll be asked to define: Your 1st entry price (interactively: you can define and adjust levels directly on the chart, thanks to the new Interactive Mode introduced by TradingView (ty, TV team!)) Your stop loss price (likewise) Your 1st target price (likewise) Your starting capital (via initial Input dialog) Your risk (likewise) Your risk is how much of your starting capital you are willing to lose if your stop loss is hit (define it as a % of your starting capital). There’s a good practice here too: to risk only 1 percent of your capital per trade . This way, you can reinforce the odds of making more money than you lose and keep your peace of mind in all trades – and avoid messing up with your plans – and statistics – along the way. Successful trading is a statistics-based endeavor. So, you want to implement and maintain consistency. Again, this indicator helps with that. After initial setup: You can also define additional entries and targets (up to 3 each) . Just open indicator’s Settings window and adjust accordingly. If you have more than one entry – or target, the amounts involved will be split evenly between them. You can also enable the display of the Average Entry and Average Target labels , to see the equivalent, should you have taken (or take) a single order for each. You can also define (via Settings, then interactively) a particular date and time for the trade . This way, labels will be presented near that moment, instead of constantly show near the latest bar. Finally, you can personalize some other display settings: levels precision (number of decimal places), labels positions , and labels colors . In conclusion: You are very welcome to check it out – and adopt it on your daily use! Please let me know your feedbacks as well. If you find any issues, or have any suggestions, I’ll be glad to hear. You can contact me here, via TradingView, or Telegram. Finally, check the updates section below , as new stuff may show from time to time. Thank you very much for your attention, and enjoy! PhinkTrade
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PhinkTrade tarafından
4
Commercial Algo Trend © Fzn V1Hello Traders, Here i bring to you my 2nd Price Action Atr based Indictor combined with fib entry and exit trailing levels with minimum risk and maximum profit , as we must have seen at times as we enter the trend reverse and hits our stop losses . Keeping that in mind as i too struggled and made losses so i decided and focused more on minimizing the stop loss and only on confirmation of Long or Short trade is been initiated with proper Stop loss as explained in the images below , why should we give market our money ;) as we are here to make money :D .. There is no holy grail as Stop loss wont be hit but yes it will be way less and all alerts are based on candle close . One can use this on any chart and any timeframe and its very good for scalping too .ATR Trailing SL is added too just incase you want to enter and exit trend manually . Better results are on 15m and above . Hope you guys will like it and comment if you have any doubts.. ----------------- Disclaimer Copyright by FaizanNawazz. The information contained in my scripts/indicators/strategies/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. My scripts/indicators are only for educational purposes! Happy Trading!
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FaizanNawazz tarafından
10
Volume calculationHello friends First let me say that my English is poor and I am using Google Translator 😬🙃🙃🙃 Secondly, this indicator is open source and its use is allowed in its indicator, but in order to play it, my name must be mentioned. Well, let's go to the description of the indicator : This indicator gives you the amount of purchasing volume in relation to the capital, the risk you trade and the stop loss. And shows you the LRP I hope you use the indicator well Your pocket is full of money Let me say that I am Iranian
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UnknownUnicorn7763682 tarafından
5