Şimdi başlat

Komut dosyalarını "stop loss" için ara

Trade Manager (Open Source Version)Hello my young padawans looking for the FORCE to get richer on your next trade I got pinged at least three times today asking where the hell is the indicator of the day. You asked, I delivered :) Here's your free open-source Trade Manager Version. My associates might kill me for sharing that one... anyway this is a real GIFT. I won't share such quality indicators too often for FREE so hope you'll appreciate its value. It can really help with your day to day trading (on top of making your charts looking more awesome) This is an even better version compared to my previous Trade Manager Trade-Manager . It's basically a standalone version, meaning you'll have to update with 2 lines your own indicator and follow my educational post from yesterday (pasted it below also) to learn how to do it Please read this educational post I published for you before proceeding further : How-to-connect-your-indicator-with-the-Trade-Manager From here you normally connected the data source of your own indicator to the Trade Manager. If not, here's a reminder of the article mentionned above Step 1 - Update your indicator For the screenshot you see above, I used this indicator : Two-MM-Cross-MACD/ . "But sir are you really advertising your other indicators here ??" ... hmmm.... YES but I gave them for free so ... stop complaining my friend :) Somewhere in the code you'll have a LONG and a SHORT condition. If not, please go back to study trading for noobs (I'm kidding !!!) So it should look to something similar nUP = ma_crossover and macd_crossover nDN = ma_crossunder and macd_crossunder What you will need to add at the very end of your script is a Signal plot that will be captured by the Trade Manager. This will give us : // Signal plot to be used as external // if crossover, sends 1, otherwise sends -1 Signal = (nUP) ? 1 : (nDN) ? -1 : na plot(Signal, title="Signal") The Trade Manager engines expects to receive 1 for a bullishg signal and -1 for bearish . Step 2 - Add the Trade Manager to your chart and select the right Data Source I feel the questions coming so I prefer to anticipate :) When you add the Trade Manager to your chart, nothing will be displayed. THIS IS NORMAL because you'll have to select the Data Source to be "Signal" Remember our Signal variable from the Two MM Cross from before, now we'll capture it and.....drumb rolll...... that's from that moment that your life became even more AWESOME The Engine will capture the last signal from the MM cross or any indicator actually and will update the Stop Loss, Take Profit levels based on the parameters you set on the Trade Manager It should work with any indicator as long as you're providing a plot Signal with values 1 and -1 . In any case, you can change the Trade Manager you'll find a better logic for your trading Now let's cover the different parameters of the tool It should be straightforward but better to explain everything here +Label lines : if unchecked, no SL/TPs/... will be displayed +Show Stop Loss Signal : Will display the stop loss label. You have the choice between three options : By default, the Stop Loss is set to NONE. You'll have to select a different option to enable the Stop Loss for real ++Percentage : Will set the SL at a percent distance from the price ++Fixed : SL fixed at a static price ++Trailing % : Trailing stop loss based on percentage level The following is a KEY feature and I got asked for it many times those past two days. I got annoyed of getting the same request so I just did it ++Trailing TP: Will move the Stop Loss if the take profit levels are hit Example: if TP1 is hit, SL will be moved to breakeven. If TP2 is hit, SL will be moved from TP1 to TP2 +Take Profit 1,2,3 : Visually define the three Take Profit levels. Those are percentage levels . Meaning if you set TP1 = 2, it will set the TP1 level 2% away from the entry signal Please note that once a Take profit level is reached, it will magically disappear. This is to be expected I'll share in the future a way more complete version with invalidation, stop loss/take profits based on indicator, take profit based on supports/resistances, ... I believe is such a great tool because can be connected to any indicator. I confess that I tried it only with a few... if you find any that's not working with the Trade manager, please let me know and I'll have a look PS I want to give a HUUUUUUUGE shoutout to the PineCoders community who helped me finishing it Wishing you all the best and a pleasant experience with my work David
Pine Script® göstergesi
Daveatt tarafından
22
Advanced Larry Williams 9.2- By EduHit rate greater than Setup 9.1 However, the stop of this setup becomes more expensive in certain situations. PURCHASE SIGN 1 - Paper comes in a bullish trend in the operational term to be operated. 2 - Exponential moving average of 9 upward periods. 3 - Wait for a candle to make the largest closing (candle reference). 4 - If the next candle CLOSES below the minimum of the candle reference the setup is armed. 5 - Mark the candle maxim that closed below the reference. It's the trigger! 6 - If the next candle exceeds this maximum by 1 cent the trade is triggered. Put the stop loss at the low of the candle that closed below (0.01 to 0.10 below) 7 - If the next candle does not fire, let's lower the trigger to the lower maximums, SINCE the mm9exp does not turn down. 8 - It exceeded the maximum we will have the entrance. 9 - Original stop-loss in the minimum of the candle we set the maximum activated. SIGN OF SALE 1 - Paper comes in a downtrend in the operating period to be operated. 2 - Exponential moving average of 9 periods descending. 3 - Wait for a candle that makes the lowest closing (candle reference). 4 - If the next candle CLOSE above the maximum of the reference candle the setup is armed. 5 - Bookmark the candle that closed above the reference. It's the trigger! 6 - If the next candle breaks this minimum, the trade is triggered. 7 - Place the stop-loss at the maximum of the candle that closed up. 8 - If the next candle does not trigger, we will raise the trigger to the highest minimums SINCE the exponential moving average of 9 periods does not turn upwards. 9 - It broke the minimum we will have the entrance. 10 - Stop-loss original in the maximum of the candle that we set the minimum activated. ********************************************************************************************************************************************************* Índice de acerto Superior ao Setup 9.1 Porém o stop deste setup acaba se tornando mais caro em determinadas situações. SINAL DE COMPRA 1 - Papel vem em tendência de alta no prazo operacional a ser operado. 2 - Média móvel exponencial de 9 períodos ascendente. 3 - Aguardar um candle que faça o maior fechamento (candle referência). 4 - Se o próximo candle FECHAR abaixo da mínima do candle referência o setup está armado. 5 - Marcar a máxima do candle que fechou abaixo do referência. É o gatilho! 6 - Se o próximo candle superar essa máxima em 1 centavo o trade é acionado. Colocar o stop-loss na mínima do candle que fechou abaixo (0,01 a 0,10 abaixo) 7 - Se o próximo candle não acionar, vamos abaixando o gatilho para as máximas menores DESDE QUE a mm9exp não vire para baixo. 8 - Superou a máxima teremos a entrada. 9 - Stop-loss original na mínima do candle que marcamos a máxima ativada. SINAL DE VENDA 1 - Papel vem em tendência de baixa no prazo operacional a ser operado. 2 - Média móvel exponencial de 9 períodos descendente. 3 - Aguardar um candle que faça o menor fechamento (candle referência). 4 - Se o próximo candle FECHAR acima da máxima do candle referência o setup está armado. 5 - Marcar a mínima do candle que fechou acima do referência. É o gatilho! 6 - Se o próximo candle romper essa mínima o trade é acionado. 7 - Colocar o stop-loss na máxima do candle que fechou acima. 8 - Se o próximo candle não acionar, vamos levantando o gatilho para as mínimas maiores DESDE QUE a média móvel exponencial de 9 períodos não vire para cima. 9 - Rompeu a mínima teremos a entrada. 10 - Stop-loss original na máxima do candle que marcamos a mínima ativada.
Pine Script® göstergesi
eduopc tarafından
1
Umbral de RuidoSe trata de usar el ATR para crear un umbral de ruido alrededor del precio. La rotura de ese umbral nos dara señales de entrada y salida. El ATR viene multiplicado por una constante que suele ser de entre 1.5 y 3.0. Se recomiendan valores cercanos a 3 para el stoploss y 1.5 o 2.0 para la entrada. Esta estrategia esta recomentada para activos que tengan una volatilidad controlada. Da buenos resultados en los indices, pero por lo que yo he probado no es buena para el EURUSD, me gustaria probarla tambien en acciones. Pero de momento la tengo funcionando en DAX con buenos resultados. Procedimiento para largos: Usamos la banda superior para marcar la entrada. Siempre que la banda marque un valor menor colocaremos una orden pendiente ahi. Con stoploss en su banda inferior. Si el valor de la banda aumenta, no actualizaremos la orden. Por lo tanto buscamos el menor valor posible del umbral de ruido. Cuando el precio atraviese ese valor empezaremos a actualizar el stoploss siempre a un valor superior. Es decir si el umbral nos da un valor de stoploss menor nosotros no lo bajaremos. La salida se produce por stop loss. Procedimiento para cortos: Usamos la banda inferior para marcar la entrada. Siempre que la banda marque un valor mayor colocaremos una orden pendiente ahi. Con stoploss en su banda superior. Si el valor de la banda disminuye, no actualizaremos la orden. Por lo tanto buscamos el mayor valor posible del umbral de ruido. Cuando el precio atraviese ese valor empezaremos a actualizar el stoploss siempre a un valor inferior. Es decir si el umbral nos da un valor de stoploss menor nosotros no lo subiremos. La salida se produce por stop loss. Funciona mejor combinado con una media lenta de 100 o 200 para filtrar si ir a largos o cortos.
Pine Script® göstergesi
jorgeparent tarafından
Price X volume relative trade algoThe script multiplies the price time the volumes. Than relatively calculates whether the stock or product is oversold or overbought. One can subsequently set when to go short or when to go long. The way it works is that there is a small 1 for a long and a -1 for a short. If it is 1 and the followed by a 2 one has a profit. If a -1 is followed by a -2 you traded a short with a profit. If however a 1 is followed by a -1 you lost a long. Vice verse for the short: if the -1 is followed by a 1 you have a loss. Once can also set a target and arrange the stop loss they way you want. A little bit complicated with many parameters to set in the setting window. But for the one who has the patient to understand the script I believe it can be very useful. Jan de Korver: Search the secret www.behance.net
Pine Script® göstergesi
Jan_WillemDe_Korver tarafından
1
MultiMADirection [pietherrieck]this indicator looks for the direction of multiple moving averages (pointing up/down). if all show the same signal it is colored red (sell) or green (buy). if there are different signals it will turn gray (neutral). it should be used on the 4h or 1d timeframe. use the atr-value (small number next to the indicator name (MMAD)) as stop-loss. for example on eur/usd 0.0144 means a 144 pip stop-loss. if the color changes close the postition.
Pine Script® göstergesi
pierie743 tarafından
2
FVG 9:31–10:00 AM ETFVG 9:31–10:00 AM ET - Script Description What This Script Does This indicator finds **Fair Value Gaps (FVGs)** that form during the first 29 minutes of the U.S. stock market (9:31 AM to 10:00 AM Eastern Time). A Fair Value Gap is a price imbalance where there's a gap between candles that often becomes an important support or resistance level. Key Features: - **Time Window**: Only looks for FVGs between 9:31-10:00 AM ET (most important opening period) - **One Per Day**: Finds only the first FVG that forms in this time window each day - **Visual Display**: Draws a purple box around the gap with a clear "FVG" label - **Price Tracking**: Monitors when price comes back to test the gap level - **Alert System**: Sends notifications when price returns to the FVG zone How FVGs Are Detected: - **Bullish FVG**: When there's a gap up (low of middle candle is above high of 3rd candle back) - **Bearish FVG**: When there's a gap down (high of middle candle is below low of 3rd candle back) The 9:31-10:00 AM window is chosen because this is when institutions and algorithms create their biggest price moves right after market open, making these gaps very reliable. Customization Options User Settings Extend FVG Box (Bars) - **What it does**: Makes the purple box longer to the right - **Default**: 0 (box ends right after the gap forms) - **Options**: Any number from 0 to 100+ - **When to use**: - Keep at 0 for clean historical view - Set to 10-20 to track the gap during the current session - Set higher for longer reference Code Settings (Can Be Changed) Time Window - **Start**: 9:31 AM Eastern Time - **End**: 10:00 AM Eastern Time - **Can modify**: Change the hour/minute numbers in the code Visual Style - **Color**: Purple with see-through background - **Label**: Shows "FVG" text in white - **Can modify**: Change colors and transparency in the code How to Use: Setup Chart Settings 1. Use 1-minute, 5-minute, or 15-minute charts (works best on these timeframes) 2. Apply to liquid markets like ES, NQ, major stocks, or forex pairs 3. Set the "Extend FVG Box" to your preference (start with 0 or 10) What You'll See - A purple box appears when an FVG forms during 9:31-10:00 AM - Box shows the exact price levels of the gap - "FVG" label appears on the box - Only one FVG per day will be marked Trading Strategies Basic FVG Trading 1. **Wait for Formation**: Let the purple box appear during 9:31-10:00 AM 2. **Watch Price Movement**: See if price moves away from the gap 3. **Enter on Retest**: When price comes back to the purple box area, consider entering 4. **Trade Direction**: - Bullish FVG = look for long opportunities when price retests - Bearish FVG = look for short opportunities when price retests Entry Methods - **Bounce Play**: Enter when price touches the FVG box and bounces away - **Break Play**: Enter if price strongly breaks through the FVG box - **Rejection Play**: Enter opposite direction if price gets rejected at the FVG Risk Management Stop Losses - Place stops just outside the FVG box (a few ticks beyond the gap) - If trading a bounce, stop goes on opposite side of the gap - If trading a break, stop goes back inside the gap Position Sizing - Start small until you understand how FVGs work in your market - Bigger gaps = smaller position size (more risk) - Smaller gaps = can use larger position size Profit Targets - Take profits at obvious levels like round numbers, previous highs/lows - Consider taking half profits at 1:1 risk/reward ratio - Let some position run if the move is strong Best Practices When It Works Best - High-volume stocks and futures (ES, NQ work great) - Normal market days without major news during the 9:31-10:00 window - When there's clear institutional activity in the opening period When to Be Careful - Low-volume stocks or markets - Major economic news releases during the time window - Market holidays when volume is low - Very choppy or sideways days Alert Usage - The script will alert you when price comes back to test the FVG - Don't trade the alert blindly - always check the current market situation - Use the alert as a heads-up to start watching the setup more closely Tips for Success - The earlier the FVG forms in the 9:31-10:00 window, often the more significant it is - FVGs that form with high volume are usually more reliable - Always consider the overall market direction - don't fight the main trend - Practice on paper first to understand how FVGs behave in your chosen market 🔗 Works Best With: ✅ Liquidity Levels — Smart Swing Lows: Spot key structural lows that can fuel stop hunts and reversals. ✅ ICT Turtle Soup — Liquidity Reversal: Add a classic reversal pattern to your toolkit to catch fakeouts cleanly. ✅ ICT SMC Liquidity Grabs and OBs- Liquidity Grabs, Order Block Zones, and Fibonacci OTE Levels, allowing traders to identify institutional entry models with clean, rule-based visual signals. This script is most valuable for day traders who want to catch institutional moves right after market open, but it can also help swing traders identify important intraday levels. ✅ ICT Macro Zones (Grey Box Version)- It tracks real-time highs and lows for each Silver Bullet session. ✅ Weekly Opening Gap (cryptonnnite)
Pine Script® göstergesi
MrWoof888 tarafından
KHUSHI VERMA DEHRI ON SONEKhushi Verma Dehri On Sone - ZigZag Buy/Sell with Volume Pressure & Stop Loss This indicator combines ZigZag-based Buy/Sell signals, dynamic stop-loss levels, and a Volume Pressure histogram to provide a powerful visual trading tool. 🔍 Key Features: ZigZag Buy/Sell Detection: Automatically identifies significant highs and lows using ZigZag logic with a user-defined lookback period (depth). Red "SELL" labels at swing highs Green "BUY" labels at swing lows Connected with directional lines for clarity Stop Loss Visualization: For each signal, a horizontal dashed stop-loss line is drawn: For SELL signals: SL = High + %SL For BUY signals: SL = Low − %SL Volume Pressure Histogram: Visualizes the net buying/selling pressure based on candle direction: Green bars: Positive (buying) pressure Red bars: Negative (selling) pressure Blue line: Smoothed pressure using EMA ⚙️ Inputs: ZigZag Lookback: Number of bars to detect swing highs/lows Stop Loss (%): Distance from pivot high/low to define SL Volume Smoothing Length: EMA length for volume pressure Show Histogram: Toggle for displaying the volume pressure bars
Pine Script® göstergesi
binay111111 tarafından
Pivot Points Standard📄 Indicator Overview This indicator is an advanced trend-following tool designed to generate entry signals based on EMA 234 and SMA 200, while also providing dynamic ATR-based stop-loss (SL) and take-profit (TP) levels. Buy (Long) Signal: Triggered when the price is above both the EMA 234 and SMA 200. Sell (Short) Signal: Triggered when the price is below both the EMA 234 and SMA 200. For each signal, the indicator automatically displays: ✅ Entry price, ✅ Stop-loss (SL) level, ✅ Take-profit (TP) level, ✅ Risk amount, ✅ Reward amount, ✅ Risk/Reward (R/R) ratio. All past signals and their corresponding entry, SL, and TP levels remain visible on the chart, allowing you to easily review historical trades. Thanks to ATR-based dynamic calculations, stop-loss and take-profit levels adjust to market volatility, providing a flexible and adaptive risk management approach. ⚙️ Features Trend signals based on EMA 234 and SMA 200 Dynamic stop-loss and take-profit levels calculated with ATR Persistent historical signal tracking (labels remain on the chart) Automatic risk/reward calculation and display Clean, user-friendly design for easy interpretation 💬 Usage Tips When entering a position, consider the displayed risk and reward values for proper risk management. Since stop-loss and take-profit levels adjust dynamically to volatility, manual adjustment is not necessary. ⚠️ Disclaimer This indicator is not financial advice. It is intended for educational and informational purposes only to support your personal trading analysis and strategy. ✅ If you'd like, I can also prepare a shorter summary version or add a Turkish + English bilingual version side by side. Just tell me! 🚀
Pine Script® göstergesi
lWinnerl tarafından
Rifle UnifiedThis script is designed for use on 30-second charts of Dow Jones-related symbols (YM, MYM, US30). It provides automated buy and sell signals using a combination of price action, RSI (Relative Strength Index), and volume analysis. The script is intended for both live trading signals and backtesting, with configurable risk management and debugging features. Core Functionality 1. Signal Generation Logic Trigger: The algorithm looks for a sharp price move (drop or rise) of a user-defined threshold (default: 80 points) within a specified lookback window (default: 20 minutes). Levels: It monitors for price drops below specific numerical levels ending in 23, 43, or 73 (e.g., 42223, 42273). RSI Condition: When price falls below one of these levels and the RSI is below 30, the setup is considered active. Buy Signal: A buy is triggered if, after setup: Price rises back above the level, The RSI rate of change (ROC) indicates exhaustion of the drop, The current bar shows positive momentum. 2. Trade Management Stop Loss & Take Profit: Configurable fixed or trailing stop loss and take profit levels are plotted and managed automatically. Exit Signals: The script signals exit based on price action relative to these risk management levels. 3. Filters & Enhancements Parabolic Move Filter: Prevents entries during extreme price moves. Dead Cat Bounce Filter: Avoids false signals after sharp reversals. Volume Filter: Optionally requires volume conditions for trade entries (especially for shorts). Multiple Confirmation Layers : Includes checks for 5-minute RSI, momentum, and price retracement. User Inputs & Customization Trade Direction: Toggle between LONG and SHORT signal generation. Trigger Settings: Adjust thresholds for price moves, lookback windows, RSI ROC, and volume requirements. Trade Settings: Set take profit, stop loss, and trailing stop behavior. Debug & Visualization: Enable or disable various plots, labels, and debug tables for in-depth analysis. Backtesting: Integrated backtester with summary and detailed statistics tables. Technical Features Uses External Libraries: Relies on RifleShooterLib for core logic and BackTestLib for backtesting and statistics. Multi-timeframe Analysis: Incorporates both 30-second and 5-minute RSI calculations. Chart Annotations: Plots entry/exit points, risk levels, and debug information directly on the chart. Alert Conditions: Built-in alert triggers for key events (initial move, stall, entry). Intended Use Markets: Dow Jones symbols (YM, MYM, US30, or US30 CFD). Timeframe: 30-second chart. Purpose: Automated signal generation for discretionary or algorithmic trading, with robust risk management and backtesting support. Notable Customization & Extension Points Momentum Calculation: Plans to replace the current momentum measure with "sqz momentum". Displacement Logic: Future update to use "FVG concept" for displacement. High-Contrast RSI: Optional visual enhancements for RSI extremes. Time-based Stop: Consideration for adding a time-based stop mechanism. This script is highly modular, with extensive user controls, and is suitable for both live trading and historical analysis of Dow Jones index movements
Pine Script® göstergesi
BlueMagicTrading tarafından
IU Fibonacci Levels For IntradayDESCRIPTION This indicator draws intraday Fibonacci levels from the opening price of the day using percentage-based retracements. It helps traders identify potential intraday support and resistance zones derived from the day’s opening bias. The levels are dynamically calculated and displayed with optional labels and customizable colors, making it an effective tool for both breakout and mean-reversion intraday strategies. USER INPUTS Direction Of The Level Choose whether to show Upside, Downside, or Both level sets based on your directional bias. Show Labels of Levels Option to enable or disable text labels displaying Fibonacci values and prices. Individual Level Toggles & Colors You can choose to show or hide each of the following Fibonacci levels and set their respective colors: * 0.236 * 0.328 * 0.500 * 0.618 * 0.786 * 1.000 INDICATOR LOGIC On the first bar of the session, the opening price is captured. Fibonacci levels are then calculated above and below this open using percentage multipliers (for example, day\_open + (day\_open \* 0.236%) for the 0.236 level). Depending on the selected direction, upside and/or downside levels are plotted. Filled zones are drawn between levels to visually highlight key price zones. Optionally, each level can be labeled with its Fibonacci value and price. WHY IT IS UNIQUE Unlike traditional swing-based Fibonacci retracements, this tool uses the day’s opening price as an anchor, specifically designed for intraday traders. Allows traders to quickly visualize micro-support and resistance levels that adapt every day. Highly customizable and easy to read, with filled level bands for better zone recognition. Works independently of indicators like RSI, MACD, or moving averages – purely based on price action logic. HOW USER CAN BENEFIT FROM IT Spot precise intraday reversal zones or breakout regions. Combine with price action or volume analysis for smarter entries. Filter trades by choosing directional bias (Up Site, Down Site, or Both). Set profit targets or stop-losses based on Fibonacci bands. Works great for scalpers, day traders, and even short-term swing traders looking to align with opening price momentum. Disclaimer This indicator is not financial advice, it's for educational purposes only highlighting the power of coding( pine script) in TradingView, I am not a SEBI-registered advisor. Trading and investing involve risk, and you should consult with a qualified financial advisor before making any trading decisions. I do not guarantee profits or take responsibility for any losses you may incur.
Pine Script® göstergesi
Shivam_Mandrai tarafından
2
Simple Risk-to-Reward (R) Indicator (TP1–TP2)What this indicator does: This tool helps traders clearly visualize their risk and reward on any trade by plotting their entry, stop loss, and take-profit (TP) levels directly on the chart. It’s designed to make manual trade planning more visual and systematic. How it works: You set your planned entry price, whether you want to plot a Long or Short setup, and your stop-loss distance (in ticks). The indicator calculates your stop-loss level and automatically plots it on the chart. It then draws take-profit levels at 1R and 2R (where “R” is your risk, the distance between entry and stop). You can toggle the TP1 and TP2 lines on or off to suit your preference. How to use it: Open the settings and enter your intended entry price. Select “Long Setup” for a buy trade, or turn it off for a sell/short trade. Enter your desired stop loss in ticks. Choose which take-profit levels to display by toggling TP1 and TP2. The indicator will show entry, stop, and take-profit levels right on your chart so you can easily see your planned risk/reward. What makes it unique and useful: This indicator is designed for manual trade planning, giving you full control over your inputs and letting you instantly see your risk/reward on any instrument or timeframe. Unlike some built-in tools, it supports both long and short trades, lets you set all levels manually, and keeps your charts clean and easy to interpret.
Pine Script® göstergesi
JWinters318 tarafından
Multi-Position DashMulti-Position Dash — Risk Dashboard for Forex, Stocks & Indices Overview: The Multi-Position Dash is a highly customizable trading dashboard designed to help active traders manage up to 8 simultaneous positions across Forex, Stocks, and Indices. Whether you're trading single entries, layering positions, using DCA (Dollar Cost Averaging), or running complex hedging setups, this tool provides essential, real-time risk and P&L insights—directly on your chart. Key Features: ✔️ Supports Forex, Stocks, Indices — with automatic pip and contract conversions ✔️ Track up to 8 manual positions, each with customizable direction, lot size or contracts, entry price, Take Profit, and Stop Loss ✔️ Full GBP-based P&L and risk calculation, including automatic USD-to-GBP conversion for non-FX assets ✔️ Real-time display of: Total potential Take Profit (GBP) Total potential Stop Loss (GBP) Risk % relative to account balance Live P&L (GBP) based on current price ✔️ Breakeven price calculation, even across mixed-direction positions (DCA & hedging aware) ✔️ Visual breakeven line, live P&L arrows, and entry price markers ✔️ Shared Stop Loss option for all positions — perfect for DCA traders ✔️ Easy export strings for logging trades to external tools like spreadsheets Ideal For: ✅ Forex traders using lot-based risk models ✅ Stock & Index traders wanting simplified contract-based position tracking ✅ Traders managing multiple active positions, with or without hedging ✅ Anyone needing at-a-glance P&L and risk monitoring, independent of broker platforms Notes & Usage: This is a manual tracking tool—you enter your positions, TP, SL levels, etc., and the dashboard calculates the rest. It does not place or manage live orders. Supports both Long and Short positions. All calculations are based on your inputs and market price—accuracy depends on maintaining your inputs properly. Shared Stop Loss feature applies a single, unified stop across all active positions for simplified risk control in DCA setups. GBP is used as the account currency—USD-to-GBP conversion is applied to stocks and indices as needed. Disclaimer: This tool is for educational and planning purposes only. It does not place or manage live trades, and is not a substitute for broker risk management tools. Always double-check your own position sizing and risk before placing live orders.
Pine Script® göstergesi
Trading_Alpha01 tarafından
Scanner Candles v2.01The "Scanner Candle v.2.01" is an indicator classifies candles based on the body/range ratio: indecisive (small body, ≤50%), decisive (medium body), explosive (large body, ≥70%). It includes EMAs to identify trends and "Reset Candles" (RC), small-bodied candles near EMAs, signaling potential reversals or continuations. Useful for analyzing volatility, breakouts, reversals, and risk management. Description of the indicator: The "Scanner Candle v.2.01" indicator classifies candles into three categories based on the proportion of the candle's body to its range (high-low): Indecisive: candles with a small body (≤ set threshold, default 50%), indicating low volatility or market uncertainty. Decisive: candles with a medium body, reflecting a clear but not extreme price movement. Explosive: candles with a large body (≥ set threshold, default 70%), signaling strong directional moves. Additionally, the indicator includes: Customizable exponential moving averages (EMAs) to identify trends and support/resistance levels. Detection of "Reset Candles" (RC), specific candles (e.g., dojis, ) with a small bodies body near EMAs, useful for identifying potential reversal or continuation points. Coloring and visualization: Candles are colored by category (white for indecisive, orange for decisive, purple for explosive). Reset Candles are marked with circles above/below the candle (green for bullish, red for bearish). Potential uses: Volatility analysis: Identifying uncertain (indecisive), directional (decisive), or impulsive (explosive) market phases. Breakout trading: Explosive candles can signal entry opportunities on strong moves. Reversal detection: Reset Candles near EMAs can indicate turning points or trend continuation. Trend-following support: Integrated EMAs contextualize candles within the main trend. Risk management: Indecisive candles suggest avoiding trades in low-directionality phases. The indicator is customizable (thresholds, colors, thresholdsEMAs, ) and adaptable to various timeframes and strategies, from day trading to swing trading. Reset Candles: Reset Candles (RC) are specific candles signaling potential reversals or continuations, often near EMAs. They are defined by: Small body: Body < 5% of the range of the last 10 candles, indicating low volatility (e.g., doji). EMA proximity: The candle is near or crosses a defined EMA (e.g., 10, 60, or 223 periods). Trend conditions: Follows a red candle, with the close of the previous previous candles above a specific EMA, suggesting a potential bullish resumption or stabilization. Limited spike: The candle has minimal tails (spikes, ) below a set threshold (default 1%). Minimum timeframe: Appears on timeframes ≥ set value (default 5 minutes) or daily charts. Non-consecutive: Not preceded by other RCs in the last 3 candles. Types: Doji_fin: Green circle above, signaling a bullish bullish setup near longer EMAs. Dojifin_2: Yellow Red circle below, signaling a bearish setup near shorter EMAs. Trading uses: Reversal: RCs near EMAs signal bounces or rejections, ideal for counter-trend trades. Continuation: In trends, RCs indicate pauses before trend resumption, offering low-risk entries. Support/resistance confirmation: EMA proximity strengthens the level's significance. Risk management: Small bodies and EMA proximity allow tight stop-losses. Limitations: False signals: Common in volatile or sideways markets; use with additional confirmation. Timeframe dependency: More reliable on higher timeframes (e.g., 1-hour or daily). Customization needed: Thresholds (e.g., spike, timeframe) must be tailored to the market. Conclusion: Reset Candles highlight low-volatility moments near technical levels (EMAs) that may precede significant moves. They are ideal for precise entries with tight stops in reversal or continuation strategies but require clear market context and additional confirmation for optimal effectiveness. #ema #candlepattern #scalping
Pine Script® göstergesi
tumiza999 tarafından
LTHB & HTLB Zones with AlertsIn price action trading, the Lowest Tick of the Highest Bar (LTHB) and the Highest Tick of the Lowest Bar (HTLB) are important concepts for support/resistance identification, trend exhaustion, and reversal confirmation. Here's what they mean and why they matter: 🔹 Definitions 1. Lowest Tick of the Highest Bar (LTHB): The lowest price (tick) of the bar (candlestick) with the highest high in a recent price swing. Significance: It marks the support inside an upward swing. If price breaks below this, it often indicates loss of upward momentum or reversal. 2. Highest Tick of the Lowest Bar (HTLB): The highest price of the bar with the lowest low in a swing. Significance: It acts as a resistance inside a downward swing. If price moves above this, it can signal a bullish reversal. 🔸 Why Are They Significant? Concept LTHB HTLB Trend Reversal - Break below LTHB → possible bearish reversal Break above HTLB → possible bullish reversal Swing Confirmation -Holding above LTHB → continuation of uptrend Holding below HTLB → continuation of downtrend Trap Detection - Stop hunts often occur just below LTHB Stop hunts often occur just above HTLB Risk Management -Acts as logical stop-loss in long trades Acts as logical stop-loss in short trades 🔸 Uses in Strategy 1. Breakout Traders use these levels as entry triggers. 2. Reversal Traders look for price failing to hold these levels for early reversal signs. 3. Structure-Based Traders use them to confirm higher highs/lower lows. 4. Stop Placement: Tight stops just beyond LTHB/HTLB help manage risk in swing trades. 🔔 How to Set Alerts in TradingView: Add the script to your chart. Open the "⚠️ Alerts" tab. Click "Create Alert". In the "Condition" dropdown, select one of: Enter LTHB Zone Exit LTHB Zone Enter HTLB Zone Exit HTLB Zone Set desired alert frequency (e.g., once per bar or once). Click Create.
Pine Script® göstergesi
navedkhanart tarafından
LTA - Futures Contract Size CalculatorLTA - Futures Contract Size Calculator This indicator helps futures traders calculate the potential stop-loss (SL) value for their trades with ease. Simply input your entry price, stop-loss price, and number of contracts, and the indicator will compute the ticks moved, price movement, and total SL value in USD. Key Features: Supports a wide range of futures contracts, including: Index Futures: E-mini S&P 500 (ES), Micro E-mini S&P 500 (MES), E-mini Nasdaq-100 (NQ), Micro E-mini Nasdaq-100 (MNQ) Commodity Futures: Crude Oil (CL), Gold (GC), Micro Gold (MGC), Silver (SI), Micro Silver (SIL), Platinum (PL), Micro Platinum (MPL), Natural Gas (NG), Micro Natural Gas (MNG) Bond Futures: 30-Year T-Bond (ZB) Currency Futures: Euro FX (6E), Japanese Yen (6J), Australian Dollar (6A), British Pound (6B), Canadian Dollar (6C), Swiss Franc (6S), New Zealand Dollar (6N) Displays key metrics in a clean table (bottom-right corner): Instrument, Entry Price, Stop-Loss Price, Number of Contracts, Tick Size, Ticks Moved, Price Movement, and Total SL Value. Automatically calculates based on the selected instrument’s tick size and tick value. User-friendly interface with a dark theme for better visibility. How to Use: Add the indicator to your chart. Select your instrument from the dropdown (ensure it matches your chart’s symbol, e.g., "NG1!" for NATURAL GAS (NG)). Input your Entry Price, Stop-Loss Price, and Number of Contracts. View the results in the table, including the Total SL Value in USD. Ideal For: Futures traders looking to quickly assess stop-loss risk. Beginners and pros trading indices, commodities, bonds, or currencies. Note: Ensure your chart symbol matches the selected instrument for accurate calculations. For best results, test with a few contracts and price levels to confirm the output. This description is tailored for TradingView’s audience, providing a clear overview of the indicator’s functionality, supported instruments, and usage instructions. It also includes a note to help users avoid common pitfalls (e.g., mismatched symbols). If you’d like to adjust the tone, add more details, or include specific TradingView tags (e.g., , ), let me know!
Pine Script® göstergesi
lorenzocorrado_ tarafından
SMA50 ATR%SMA50 ATR% Zones Indicator Overview: The "SMA50 ATR%" indicator is designed to provide dynamic zones above and below a Simple Moving Average (SMA) based on multiples of the Average True Range (ATR). These zones can help traders identify potential areas of interest for entries, profit-taking, and stop-loss placement by visualizing how far the price has deviated from its medium-term mean (SMA) relative to its recent volatility (ATR). Key Features: Central SMA: Plots a customizable Simple Moving Average (default 50-period) as the baseline. ATR-Based Zones: Calculates and displays distinct zones by adding or subtracting multiples of the ATR (default 10-period) from the SMA. Color-Coded Visuals: Each zone type is clearly differentiated by color and shading intensity, providing an intuitive visual guide. Current Zone Label: Displays the specific ATR multiple zone the current price is trading in, offering quick insight into the market's current position relative to the zones. Zone Breakdown: The indicator plots the following zones: Entry Zones (Green Shades): +1x ATR to +2x ATR above SMA +2x ATR to +3x ATR above SMA +3x ATR to +4x ATR above SMA The green shades become progressively lighter as they move further from the SMA, with the zone closest to the SMA being the darkest green. Hold Zones (Yellow Shades): +4x ATR to +5x ATR above SMA (Darker Yellow) +5x ATR to +6x ATR above SMA (Lighter Yellow) Sell Zones (Red Shades): +6x ATR to +7x ATR above SMA +7x ATR to +8x ATR above SMA +8x ATR to +9x ATR above SMA +9x ATR to +10x ATR above SMA +10x ATR to +11x ATR above SMA The red shades become progressively darker as they move further from the +6x ATR level, with the +10x to +11x ATR zone being the darkest red. Stop Loss Zones (Red Shades): -1x ATR below SMA (Lighter Red) -1x ATR to -2x ATR below SMA (Darker Red) How to Use: Potential Entry Areas: The green "Entry Zones" might indicate areas where the price has pulled back towards the SMA but is still showing strength, or areas where a breakout above the SMA is gaining momentum relative to volatility. Potential Overbought/Hold Areas: The yellow "Hold Zones" could suggest that the price is becoming extended from its mean, warranting caution or a "hold" approach for existing positions. Potential Profit-Taking/Sell Areas: The red "Sell Zones" might highlight significantly overbought conditions where the price has moved multiple ATRs above the SMA, potentially signaling areas for profit-taking or considering short entries. Potential Stop-Loss Areas: The red "Stop Loss Zones" below the SMA can help define areas where a breakdown below the moving average, considering volatility, might invalidate a bullish bias. Customization: SMA Length: Adjust the period for the Simple Moving Average (Default: 50). ATR Length: Adjust the period for the Average True Range calculation (Default: 10). Show Current Zone Label: Toggle the visibility of the on-screen label that displays the current price's ATR zone. SMA Line Width: Customize the thickness of the SMA line. Label Position & Size: Control the placement and text size of the current zone label for optimal chart readability. Disclaimer: This indicator is a tool for technical analysis and should not be considered as financial advice. Always use risk management and combine with other analysis methods before making trading decisions.
Pine Script® göstergesi
Maelstroem_ tarafından
Rube Goldberg Top/Bottom Finder [theUltimator5]This is what I call the Rube Goldberg Top and Bottom Finder. It is an overly complex method of plotting a simple buy or sell label on a chart. I utilize several standard TA techniques along with several of my own to try and locate ideal Buy/Sell conditions. I came up with the name because there are way too many conditional variables to come up with a single buy or sell condition, when most standard indicators use simple crossovers or levels. There are two unique triggers that are calculated using completely independent techniques. If both triggers turn true within a small timeframe between each other, the buy/sell trigger turns true and plots a "buy" or "sell" label on the chart. This indicator was designed to be fully functioning out of the box and can be customized only if the user wishes to. It is effective on all timeframes, but longer timeframes (daily +) may require signal length adjustment for best results. imgur.com The signals used in the leading trigger are as follows: (1)RSI The user can select among any of the following moving averages (base is EMA) (#3) , and have an RSI generated at a user defined length (base is 14). (#4) SMA, EMA, DEMA, TEMA, WMA, VWMA, SMMA, HMA, LSMA, ALMA The user can select whether or not the RSI is filtered with the following options: None, Kalman, Double EMA, ALMA The filter conditions are hard coded to minimize the amount of selections that the user is required to make to reduce the user interface complexity. The user can define overbought (base 70) and oversold (base 30) conditions. (#2) When the RSI crosses above or below the threshold values, the plot will turn red. This creates condition 1 of the leading trigger. (2) ADX and DI This portion of the indicator is a derivative of my ADX Divergence and Gap Monitor indicator. This technique looks at the ADX value as well as for spikes in either +DI or -DI for large divergences. When the ADX reaches a certain threshold and also outpaces a preset ADX moving average, this creates condition 2 of the leading trigger. There is an additional built-in functionality in this portion of the indicator that looks for gaps. It triggers when the ADX is below a certain threshold value and either the +DI or -DI spike above a certain threshold value, indicating a sudden gap in price after a period of low volatility. The user can set whether or nor to show when a gap appears on the chart or as a label on the plot below the chart (disabled by default) . If the user chooses to overlay gaps on the chart, it creates a horizontal fill showing the starting point of the gap. The theory here is that the price will return at some point in the near future to the starting point of the gap. imgur.com (3) DI based Multi-Symbol reference and divergence Part of the script computes both the +DI (positive directional index) and -DI (negative directional index) for the currently selected chart symbol and three reference symbols. The averaged directional move of the reference symbols are compared to the current ticker on your chart and if the divergence exceeds a certain threshold, then the third condition of the trigger is met. The components that are referenced are based on what stock/chart you are looking at. The script automatically detects if you are looking at a crypto, and uses a user selectable toggle between Large Cap or Small Cap. (#1) The threshold levels are determined by the asset type and market cap. The leading trigger highlights under several conditions: 1) All (3) portions of the trigger result in true simultaneously OR 2) Any of triggers 2 or 3 reach a certain threshold that indicates extreme market/price divergence as well as trigger 1 being overbought or oversold. AND 3) If the trigger didn't highlight For the lagging part of the trigger: The lagging trigger is used as a confirmation after the leading trigger to indicate a possible optimized entry/exit point. It can also be used by itself, as well as the leading indicator. The lagging indicator utilizes the parabolic Stop And Reverse (SAR). It utilizes the RSI length that is defined in portion 1 of the leading trigger as well as the overbought and oversold thresholds. I have found excellent results in catching reversals because it catches rate-of-change events rather than price reversals alone. imgur.com When both the leading triggers FOLLOWED BY the lagging trigger result in true within a user defined timeframe, then the buy or sell trigger results in true, plotting a label on the chart. All portions of the leading and lagging indicators can be toggled on or off, but most of them are toggled off by default in order to reduce noise on the plot. imgur.com The leading, lagging, and buy/sell triggers each have built-in alerts that can be toggled on or off in the alert menu. I have an optional built-in toggle to show green or red dots on the RSI line using two separate RSI lengths that are amplified and plot based on RSI divergence and strength. This can be used as a visual confirmation (or rejection) against the chart overlay plots. imgur.com This indicator is not a strategy, so there are no built-in exits or stop losses.
Pine Script® göstergesi
TheUltimator5 tarafından
16
Supertrend X2 + CalcSize Calculator: Size Calculator is a risk management tool that helps traders position themselves intelligently by calculating optimal position size, stop loss, and take profit levels based on account capital, ATR volatility, and personal risk tolerance. It takes the guesswork out of sizing so you can focus on execution. Features: ✅ Risk-based position sizing ✅ ATR-based stop loss & take profit levels ✅ Dynamic leverage estimation ✅ Support for long and short positions ✅ Visual display of key levels and metrics via table ✅ Works across any timeframe with locked timeframe support How It Works: This tool computes the ideal position size as a % of account capital based on how much you're willing to risk per trade and how far your stop loss is (in ATR units). It calculates corresponding stop loss and take profit prices, and visually plots them along with a floating table of metrics. You can lock the timeframe used for ATR and price, keeping your risk logic stable even when changing chart views. Customizable Inputs: Account capital and risk tolerance ATR-based stop loss & take profit multiples Trade direction (Long or Short) ATR period and locked timeframe Optional detailed metrics display Dual SuperTrend: The Dual Supertrend indicator enhances the classic Supertrend strategy by layering two customizable Supertrend signals with independent ATR settings. This setup gives you a deeper, more nuanced read on trend strength and potential entry zones. Features: ✅ Two Supertrend lines (each with adjustable ATR periods and multipliers) ✅ Optional Heikin Ashi candle smoothing for noise reduction ✅ Color-coded trend background for fast visual analysis ✅ Multi-timeframe trend table overlay (customizable) ✅ Built-in signal logic to identify "Long", "Short", or "N/A" zones ✅ Built-in alerts from Long and Short Entry Zones How It Works: The script calculates two Supertrend levels using separate ATR settings. Trend direction is derived from the relationship between price and each band. When the larger (slower) Supertrend flips and the smaller (faster) confirms, it signals a potential entry. The multi-timeframe table helps you align trades across different timeframes. Customizable Inputs: ATR Periods & Multipliers for both Supertrends Timeframes for entry zone detection (up to 4) Enable/disable Heikin Ashi candles for smoother trend detection
Pine Script® göstergesi
adamples01 tarafından
ADR% Extension Levels from SMA 50I created this indicator inspired by RealSimpleAriel (a swing trader I recommend following on X) who does not buy stocks extended beyond 4 ADR% from the 50 SMA and uses extensions from the 50 SMA at 7-8-9-10-11-12-13 ADR% to take profits with a 20% position trimming. RealSimpleAriel's strategy (as I understood it): -> Focuses on leading stocks from leading groups and industries, i.e., those that have grown the most in the last 1-3-6 months (see on Finviz groups and then select sector-industry). -> Targets stocks with the best technical setup for a breakout, above the 200 SMA in a bear market and above both the 50 SMA and 200 SMA in a bull market, selecting those with growing Earnings and Sales. -> Buys stocks on breakout with a stop loss set at the day's low of the breakout and ensures they are not extended beyond 4 ADR% from the 50 SMA. -> 3-5 day momentum burst: After a breakout, takes profits by selling 1/2 or 1/3 of the position after a 3-5 day upward move. -> 20% trimming on extension from the 50 SMA: At 7 ADR% (ADR% calculated over 20 days) extension from the 50 SMA, takes profits by selling 20% of the remaining position. Continues to trim 20% of the remaining position based on the stock price extension from the 50 SMA, calculated using the 20-period ADR%, thus trimming 20% at 8-9-10-11 ADR% extension from the 50 SMA. Upon reaching 12-13 ADR% extension from the 50 SMA, considers the stock overextended, closes the remaining position, and evaluates a short. -> Trailing stop with ascending SMA: Uses a chosen SMA (10, 20, or 50) as the definitive stop loss for the position, depending on the stock's movement speed (preferring larger SMAs for slower-moving stocks or for long-term theses). If the stock's closing price falls below the chosen SMA, the entire position is closed. In summary: -->Buy a breakout using the day's low of the breakout as the stop loss (this stop loss is the most critical). --> Do not buy stocks extended beyond 4 ADR% from the 50 SMA. --> Sell 1/2 or 1/3 of the position after 3-5 days of upward movement. --> Trim 20% of the position at each 7-8-9-10-11-12-13 ADR% extension from the 50 SMA. --> Close the entire position if the breakout fails and the day's low of the breakout is reached. --> Close the entire position if the price, during the rise, falls below a chosen SMA (10, 20, or 50, depending on your preference). --> Definitively close the position if it reaches 12-13 ADR% extension from the 50 SMA. I used Grok from X to create this indicator. I am not a programmer, but based on the ADR% I use, it works. Below is Grok from X's description of the indicator: Script Description The script is a custom indicator for TradingView that displays extension levels based on ADR% relative to the 50-period Simple Moving Average (SMA). Below is a detailed description of its features, structure, and behavior: 1. Purpose of the Indicator Name: "ADR% Extension Levels from SMA 50". Objective: Draw horizontal blue lines above and below the 50-period SMA, corresponding to specific ADR% multiples (4, 7, 8, 9, 10, 11, 12, 13). These levels represent potential price extension zones based on the average daily percentage volatility. Overlay: The indicator is overlaid on the price chart (overlay=true), so the lines and SMA appear directly on the price graph. 2. Configurable Inputs The indicator allows users to customize parameters through TradingView settings: SMA Length (smaLength): Default: 50 periods. Description: Specifies the number of periods for calculating the Simple Moving Average (SMA). The 50-period SMA serves as the reference point for extension levels. Constraint: Minimum 1 period. ADR% Length (adrLength): Default: 20 periods. Description: Specifies the number of days to calculate the moving average of the daily high/low ratio, used to determine ADR%. Constraint: Minimum 1 period. Scale Factor (scaleFactor): Default: 1.0. Description: An optional multiplier to adjust the distance of extension levels from the SMA. Useful if levels are too close or too far due to an overly small or large ADR%. Constraint: Minimum 0.1, increments of 0.1. Tooltip: "Adjust if levels are too close or far from SMA". 3. Main Calculations 50-period SMA: Calculated with ta.sma(close, smaLength) using the closing price (close). Serves as the central line around which extension levels are drawn. ADR% (Average Daily Range Percentage): Formula: 100 * (ta.sma(dhigh / dlow, adrLength) - 1). Details: dhigh and dlow are the daily high and low prices, obtained via request.security(syminfo.tickerid, "D", high/low) to ensure data is daily-based, regardless of the chart's timeframe. The dhigh / dlow ratio represents the daily percentage change. The simple moving average (ta.sma) of this ratio over 20 days (adrLength) is subtracted by 1 and multiplied by 100 to obtain ADR% as a percentage. The result is multiplied by scaleFactor for manual adjustments. Extension Levels: Defined as ADR% multiples: 4, 7, 8, 9, 10, 11, 12, 13. Stored in an array (levels) for easy iteration. For each level, prices above and below the SMA are calculated as: Above: sma50 * (1 + (level * adrPercent / 100)) Below: sma50 * (1 - (level * adrPercent / 100)) These represent price levels corresponding to a percentage change from the SMA equal to level * ADR%. 4. Visualization Horizontal Blue Lines: For each level (4, 7, 8, 9, 10, 11, 12, 13 ADR%), two lines are drawn: One above the SMA (e.g., +4 ADR%). One below the SMA (e.g., -4 ADR%). Color: Blue (color.blue). Style: Solid (style=line.style_solid). Management: Each level has dedicated variables for upper and lower lines (e.g., upperLine1, lowerLine1 for 4 ADR%). Previous lines are deleted with line.delete before drawing new ones to avoid overlaps. Lines are updated at each bar with line.new(bar_index , level, bar_index, level), covering the range from the previous bar to the current one. Labels: Displayed only on the last bar (barstate.islast) to avoid clutter. For each level, two labels: Above: E.g., "4 ADR%", positioned above the upper line (style=label.style_label_down). Below: E.g., "-4 ADR%", positioned below the lower line (style=label.style_label_up). Color: Blue background, white text. 50-period SMA: Drawn as a gray line (color.gray) for visual reference. Diagnostics: ADR% Plot: ADR% is plotted in the status line (orange, histogram style) to verify the value. ADR% Label: A label on the last bar near the SMA shows the exact ADR% value (e.g., "ADR%: 2.34%"), with a gray background and white text. 5. Behavior Dynamic Updating: Lines update with each new bar to reflect new SMA 50 and ADR% values. Since ADR% uses daily data ("D"), it remains constant within the same day but changes day-to-day. Visibility Across All Bars: Lines are drawn on every bar, not just the last one, ensuring visibility on historical data as well. Adaptability: The scaleFactor allows level adjustments if ADR% is too small (e.g., for low-volatility symbols) or too large (e.g., for cryptocurrencies). Compatibility: Works on any timeframe since ADR% is calculated from daily data. Suitable for symbols with varying volatility (e.g., stocks, forex, cryptocurrencies). 6. Intended Use Technical Analysis: Extension levels represent significant price zones based on average daily volatility. They can be used to: Identify potential price targets (e.g., take profit at +7 ADR%). Assess support/resistance zones (e.g., -4 ADR% as support). Measure price extension relative to the 50 SMA. Trading: Useful for strategies based on breakouts or mean reversion, where ADR% levels indicate reversal or continuation points. Debugging: Labels and ADR% plot help verify that values align with the symbol’s volatility. 7. Limitations Dependence on Daily Data: ADR% is based on daily dhigh/dlow, so it may not reflect intraday volatility on short timeframes (e.g., 1 minute). Extreme ADR% Values: For low-volatility symbols (e.g., bonds) or high-volatility symbols (e.g., meme stocks), ADR% may require adjustments via scaleFactor. Graphical Load: Drawing 16 lines (8 upper, 8 lower) on every bar may slow the chart for very long historical periods, though line management is optimized. ADR% Formula: The formula 100 * (sma(dhigh/dlow, Length) - 1) may produce different values compared to other ADR% definitions (e.g., (high - low) / close * 100), so users should be aware of the context. 8. Visual Example On a chart of a stock like TSLA (daily timeframe): The 50 SMA is a gray line tracking the average trend. Assuming an ADR% of 3%: At +4 ADR% (12%), a blue line appears at sma50 * 1.12. At -4 ADR% (-12%), a blue line appears at sma50 * 0.88. Other lines appear at ±7, ±8, ±9, ±10, ±11, ±12, ±13 ADR%. On the last bar, labels show "4 ADR%", "-4 ADR%", etc., and a gray label shows "ADR%: 3.00%". ADR% is visible in the status line as an orange histogram. 9. Code: Technical Structure Language: Pine Script @version=5. Inputs: Three configurable parameters (smaLength, adrLength, scaleFactor). Calculations: SMA: ta.sma(close, smaLength). ADR%: 100 * (ta.sma(dhigh / dlow, adrLength) - 1) * scaleFactor. Levels: sma50 * (1 ± (level * adrPercent / 100)). Graphics: Lines: Created with line.new, deleted with line.delete to avoid overlaps. Labels: Created with label.new only on the last bar. Plots: plot(sma50) for the SMA, plot(adrPercent) for debugging. Optimization: Uses dedicated variables for each line (e.g., upperLine1, lowerLine1) for clear management and to respect TradingView’s graphical object limits. 10. Possible Improvements Option to show lines only on the last bar: Would reduce visual clutter. Customizable line styles: Allow users to choose color or style (e.g., dashed). Alert for anomalous ADR%: A message if ADR% is too small or large. Dynamic levels: Allow users to specify ADR% multiples via input. Optimization for short timeframes: Adapt ADR% for intraday timeframes. Conclusion The script creates a visual indicator that helps traders identify price extension levels based on daily volatility (ADR%) relative to the 50 SMA. It is robust, configurable, and includes debugging tools (ADR% plot and labels) to verify values. The ADR% formula based on dhigh/dlow
Pine Script® göstergesi
stockmaniac696 tarafından
Range Filter Buy and Sell 5min## **Enhanced Range Filter Strategy: A Comprehensive Overview** ### **1. Introduction** The **Enhanced Range Filter Strategy** is a powerful technical trading system designed to identify high-probability trading opportunities while filtering out market noise. It utilizes **range-based trend filtering**, **momentum confirmation**, and **volatility-based risk management** to generate precise entry and exit signals. This strategy is particularly useful for traders who aim to capitalize on trend-following setups while avoiding choppy, ranging market conditions. --- ### **2. Key Components of the Strategy** #### **A. Range Filter (Trend Determination)** - The **Range Filter** smooths price fluctuations and helps identify clear trends. - It calculates an **adjusted price range** based on a **sampling period** and a **multiplier**, ensuring a dynamic trend-following approach. - **Uptrends:** When the current price is above the range filter and the trend is strengthening. - **Downtrends:** When the price falls below the range filter and momentum confirms the move. #### **B. RSI (Relative Strength Index) as Momentum Confirmation** - RSI is used to **filter out weak trades** and prevent entries during overbought/oversold conditions. - **Buy Signals:** RSI is above a certain threshold (e.g., 50) in an uptrend. - **Sell Signals:** RSI is below a certain threshold (e.g., 50) in a downtrend. #### **C. ADX (Average Directional Index) for Trend Strength Confirmation** - ADX ensures that trades are only taken when the trend has **sufficient strength**. - Avoids trading in low-volatility, ranging markets. - **Threshold (e.g., 25):** Only trade when ADX is above this value, indicating a strong trend. #### **D. ATR (Average True Range) for Risk Management** - **Stop Loss (SL):** Placed **one ATR below** (for long trades) or **one ATR above** (for short trades). - **Take Profit (TP):** Set at a **3:1 reward-to-risk ratio**, using ATR to determine realistic price targets. - Ensures volatility-adjusted risk management. --- ### **3. Entry and Exit Conditions** #### **📈 Buy (Long) Entry Conditions:** 1. **Price is above the Range Filter** → Indicates an uptrend. 2. **Upward trend strength is positive** (confirmed via trend counter). 3. **RSI is above the buy threshold** (e.g., 50, to confirm momentum). 4. **ADX confirms trend strength** (e.g., above 25). 5. **Volatility is supportive** (using ATR analysis). #### **📉 Sell (Short) Entry Conditions:** 1. **Price is below the Range Filter** → Indicates a downtrend. 2. **Downward trend strength is positive** (confirmed via trend counter). 3. **RSI is below the sell threshold** (e.g., 50, to confirm momentum). 4. **ADX confirms trend strength** (e.g., above 25). 5. **Volatility is supportive** (using ATR analysis). #### **🚪 Exit Conditions:** - **Stop Loss (SL):** - **Long Trades:** 1 ATR below entry price. - **Short Trades:** 1 ATR above entry price. - **Take Profit (TP):** - Set at **3x the risk distance** to achieve a favorable risk-reward ratio. - **Ranging Market Exit:** - If ADX falls below the threshold, indicating a weakening trend. --- ### **4. Visualization & Alerts** - **Colored range filter line** changes based on trend direction. - **Buy and Sell signals** appear as labels on the chart. - **Stop Loss and Take Profit levels** are plotted as dashed lines. - **Gray background highlights ranging markets** where trading is avoided. - **Alerts trigger on Buy, Sell, and Ranging Market conditions** for automation. --- ### **5. Advantages of the Enhanced Range Filter Strategy** ✅ **Trend-Following with Noise Reduction** → Helps avoid false signals by filtering out weak trends. ✅ **Momentum Confirmation with RSI & ADX** → Ensures that only strong, valid trades are executed. ✅ **Volatility-Based Risk Management** → ATR ensures adaptive stop loss and take profit placements. ✅ **Works on Multiple Timeframes** → Effective for day trading, swing trading, and scalping. ✅ **Visually Intuitive** → Clearly displays trade signals, SL/TP levels, and trend conditions. --- ### **6. Who Should Use This Strategy?** ✔ **Trend Traders** who want to enter trades with momentum confirmation. ✔ **Swing Traders** looking for medium-term opportunities with a solid risk-reward ratio. ✔ **Scalpers** who need precise entries and exits to minimize false signals. ✔ **Algorithmic Traders** using alerts for automated execution. --- ### **7. Conclusion** The **Enhanced Range Filter Strategy** is a powerful trading tool that combines **trend-following techniques, momentum indicators, and risk management** into a structured, rule-based system. By leveraging **Range Filters, RSI, ADX, and ATR**, traders can improve trade accuracy, manage risk effectively, and filter out unfavorable market conditions. This strategy is **ideal for traders looking for a systematic, disciplined approach** to capturing trends while **avoiding market noise and false breakouts**. 🚀
Pine Script® göstergesi
Forexbros22 tarafından
SyakDan FX (Clear Version)**SyakDan FX (Clear Version) - Indicator Description** ### Overview: SyakDan FX (Clear Version) is a comprehensive TradingView indicator designed for account management, trend identification, and automated trading signals. This script utilizes multiple moving averages, ATR-based stop-loss calculations, and Fibonacci-based pivot points to assist traders in making informed trading decisions. ### Features: 1. **Account Management Calculation:** - The indicator dynamically adapts to the current timeframe. - Customizable moving average (MA) types, including EMA, SMA, WMA, and HMA. - ATR-based trailing stop and volatility assessment. 2. **Moving Averages & Trend Identification:** - Configurable EMA lengths for three different moving averages. - Dynamic selection of MA types (SMA, EMA, WMA, HMA) for flexibility. - Different EMA lengths for low and high timeframes. - Automatic detection of EMA crossovers and trend changes. 3. **Entry, Stop-Loss, and Take-Profit Calculation:** - Enables automatic calculation of entry, stop-loss, and take-profit levels. - ATR-based stop-loss placement. - Multi-level take-profit targets (TP1, TP2, TP3, and Max TP). - Visual representation of SL/TP levels using dynamic lines and labels. 4. **Alerts & Notifications:** - Alerts for EMA crossovers (Buy & Sell signals). - Additional alerts when EMA 2 crosses EMA 3, indicating strong signals. 5. **Pivot Point Calculations:** - Calculates daily and weekly pivot points using Fibonacci and traditional methods. - Helps traders identify key support and resistance levels. ### How It Works: - The indicator plots three customizable moving averages on the chart. - It detects crossovers between these moving averages to identify potential buy and sell signals. - ATR (Average True Range) is used to set dynamic stop-loss and take-profit levels. - Traders can enable or disable automatic SL/TP plotting. - Alerts notify users when key trade signals occur. - Fibonacci and traditional pivot points provide additional confluence for trading decisions. ### Customization Options: - **MA Type Selection:** Choose from SMA, EMA, WMA, or HMA for each moving average. - **EMA Length Adjustments:** Modify the lengths for short-term and long-term trends. - **SL/TP Settings:** Enable or disable SL/TP plotting and customize their multipliers. - **Alert Preferences:** Enable or disable alerts for trend crossovers. ### Ideal Usage: - Traders using trend-following strategies based on moving averages. - Those who want automated SL/TP placement for risk management. - Anyone looking to integrate pivot points into their trading decisions. This indicator provides a clean, structured approach to trading with automated analysis, reducing the need for manual calculations while offering strong risk management tools.
Pine Script® göstergesi
SyakDan1 tarafından