[astropark] Volume that mattersDear Followers,
does volume say something about market makers and what will happen in near future?
Today a new Price Action Tool , the "Volume that matters" indicator.
When a Market Maker executes his/her orders, there is no way he/she can do it without giving us some footprints: volume!
Specific Volume spikes happen as
reactions at support or resistance range , as well as at supply and demand zones
market makers' actions
trend switching in short-term and mid-term future
They can be both bullish or bearish , but the real problem is that not all, but only a few volume candle matters ! And this tool will filter them for you.
This indicator works
on every timeframe (eg. 15m, 30m, 1h, 2h, 4h, 6h, 1D, ...), the higher, the better!
on cryptocurrencies (eg. XBTUSD, ETHUSD, ETHBTC, both USDT and BTC markets, ...)
on forex (eg. EURUSD, GPBUSD, JPYUSD, ...)
on stocks (eg. AMZN, FB, TSLA, GOOG, NFLX, ...)
on commodities (eg. GOLD, SILVER, OIL, ...)
This indicator has following options:
edit volume filter and period analysis
edit filter based on fixed or percentage volatility change
edit filter based on candle value size
show a suggestion of possible entries and stoploss
You can enhance your trading by using it together with my "Engulfing that matters", my "Pinbar that matters" and my "Breaker Blocks (BB) and Supply/Demand Order Blocks (OB)" indicators, so you can easily spot confluences and have more confidence in trades.
Here my Engulfing that matters indicator
Here my Pinbar that matters indicator
Here my Breaker Blocks (BB) and Supply/Demand Order Blocks (OB) indicator
Here below some examples on how to use the indicator.
BTCUSDT 1D
ETHUSD 4h
LINKBTC 1h
EURUSD 4h
AMZN 1h
XAUUSD 4h
Here below an example of suggested entries and stoploss
This is a premium indicator , so send me a private message in order to get access to this script .
Stoploss
Trailing Stop LossTrailing stop loss indicator to determine when to exit a position.
Multiple trailing stop loss calculation techniques are implemented:
ATR: Determines stop loss using a gap from recent highest value, that gap is defined by the ATR value and a multiplier
MA: Just a simple moving average used as a stop-loss
Percentage: Uses a percentage of the price
The script also implements alerting to be notified when the stop loss price is reached.
Stoploss indicatorGood for setting trailing stops and stoplosses when your taking a scalp etc, most recommended for manual trailing stops
Nikesh Price CycleEvery Script has a pattern and it follows a cyclic movement which results into many small and big swings. We have tried to capture these cyclic pattern. Division line acts here as a pivot point which defines a holistic view of bulls and bear power. Price moving above division line indicates bullish trend and price moving below division line indicates bearish trend. Price scale bar defines trend momentum. when price crosses price scale bar with green scale bar colour it shows we should enter. we will keep on booking our profit on near next fib level. we will exit the trend once price candle crosses linear regression line. for safe entry in case of bulls entry-- price scale bar,linear regression line and mid avg term line should be below price candle. In case of bears entry--price scale bar,linear regression line and mid avg term line should be above price candle.
ATR Stop Loss LONG/SHORT by melihgulerYou can monitor the stop loss level according to ATR in 2 ways (Long/Short).
auto take_profit levelAutomatic indicator of take profit levels for any time frame.
It can be used as a visualization of resistance levels, when the lines are located next to each other, the price goes to the side where the levels are located more freely.
If you have an indicator with signals, you can set take profit by levels.
Moving Stop Loss (Most) by ceyhunATR is an indicator that has been removed and replaced with a moving average.Bar colors and infopanel have been added.
//Barcolor
Green = ExMov > Most and close > Most and low > Most
Blue = ExMov > Most and close > Most and low < Most
Red = Most > ExMov and close < Most and high < Most
Yellow = Most > ExMov and close < Most and high > Most
//It gives White color where there is deterioration.
//InfoPanel
Buy Price = Blue draws the circles at the purchase price.
Profit Long>20 = Risk level taken as a percentage, I got the highest 20%, you can determine as you wish.
Sell Price = Red draws the circles at the purchase price.
Profit Short>20 = Risk level taken as a percentage, I got the highest 20%, you can determine as you wish.
==Atr Original Code==
CDC ATR Trailing Stop V2.1 (2013)
==Most Code==
MOST by Anıl ÖZEKŞİ
Barcolor
Barcolor
3 Day Trailing Stop RulePeter L. Brandt's 3 Day Trailing Stop Rule
This indicator implements Peter's 3DTSR on daily price movements.
A long exit signal following 3DTSR works as follows:
1. Identify the Highest High Day since the last 3DTSR Long Signal was triggered.
2. A close below the low of that High Hay triggers a Setup Day.
3. Any penetration of the low of the Setup Day triggers the rule - sell to close.
A short exit signal following 3DTSR works as follows:
1. Identify the Lowest Low Day since the 3DTSR was last triggered.
2. A close above the high of that Lowest Low Day triggers a Setup Day.
3. Any penetration of the high of the Setup Day triggers the rule - buy to close.
The signals can be used in reverse to enter positions.
Intraday
This indicator sources data from daily price bars so the integrity of the signals is maintained even when looking at intraday charts.
Settings
The long and short signals can be enabled or disabled in the settings.
The 3DTSR can look very busy on a daily chart so price cutoff point settings are available to hide any instances above or below a price.
Example
In the example above, a long position is entered in USDBRL after a breakout.
The 3-Day Trailing Stop Rule becomes active when 70% to the price target. The cutoff setting is useful here to make the chart look less busy.
The Setup Day and subsequent Trigger day occur a few days later signaling an exit from the trade.
2% StopThis indicator is simply based on the 2% rule, you must insert the entry point (the price at what you bought) by clicking the gear on the top left.
If you see the chart different is becouse the default entry is set to 1 and but it fixes if you set the proper entry price.
a little bit about the 2% rule :
Following the 2% Rule will keep any loss in your account to a rela-
tively small, livable size.
The 2% Rule prohibits you from risking more than 2% of your account
equity on any single trade.
This Rule does
not limit your position size—it only limits your risk.
Of course, if you are planning to hold your position down to zero,
then its maximum size would have to be capped at 2%. On the
other hand, if you do a much more sensible thing and use a stop, your
risk per share will decrease, and your permitted size will increase.
The distance from your entry price to the stop level defines your
maximum dollar risk per coin.
The 2% Rule defines your maximum risk for the entire position.
Knowing the risk per share and the total permitted risk makes it
easy to calculate the maximum number of coins /shares you may trade.
Credit about this idea goes to Dr Elder Alexander.
High/Low stopFirst of all let me quote some important points :
• You need stops; a trade without a stop is a gamble.
• You need to know where you’ll put your stop before you enter
a trade.
• Everybody needs hard stops.
• Whenever you change a stop, you may move it only in the direc-
tion of the trade.
There is a variety of techniques available to traders who like to use
trailing stops:
• You can use a multibar low as a trailing stop; for example, you
can keep moving your stop to the lowest low of the last three
bars (but never against your trade).
• You can trail prices with a very short moving average and use its
level for a trailing stop.
• You can use a Chandelier stop—every time the market makes a
new high, move the stop within a certain distance from the top—
either a specific price range or a number based on an ATR (aver-
age true range). Any time your stock makes a new high, you place
your stop within that distance from the top, like hanging a chan-
delier (this method is described in Come into My Trading Room).
• You can use a Parabolic stop .
• You can use a SafeZone stop .
• You can use a Volatility-Drop stop (described below, for the first
time in trading literature).
• You can use a Time Stop to get out of your trade if it does not
move within a certain time. For example, if you enter a day-trade
and the stock does not move within 10 or 15 minutes, it is clearly
not doing what you expected and it is best to scratch that trade.
If you put on a swing trade which you expect to last several
days, but then a week goes by and the stock is still flat, it is
clearly not confirming your analysis and the safest action would
be to get out.
This is a summary taken from Dr Elder book and this indicator i coded from one of his book where he briefly mention this trailing stop technique but don't dive a lot into it, but still i found to be very effective.
You can use even the short stop (the green dots) as an entry point.
ST0PST0P is a kind of a TRAILING STOP LOSS INDICATOR in which users can set up LONG or SHORT trade versions and also can set up a STOP LOSS level by percent % or unit difference.
It tries to solve the problem of stop loss indicators' default BUY or SELL settings and non adjustable stop levels of % and difference change in price levels.
(Will try to make updates to add user defined start bars.)
Kıvanç Özbilgiç
SECRET EESSecret EES is a Pivot Based indicator that shows Entry Price, Target Price, and Stoploss.
This is not exact Pivot Points or CPR. These ranges are corrected for better accuracy and better results.
The chart is divided into Three Zones - No trade Zone, Long Zone, and Short Zone.
Each line indicates the Entry, Exit, and Stoploss for at least one of the zones.
Works Good in Equity.
It also works on Index Charts.
Recommended time frame 15 mins.
Only for Intraday Trading.
THIS IS NOT REGULAR PIVOT POINTS. PLEASE USE CAREFULLY.
Pivot H/LPivot high low based on 3 candles. Pivot low= low->lower low->higher low. Pivot high = high->higher high> lower high.
That shows me referal points where i would like to setup stop loss.
It also shows me trend or rotation and supports and rezists.
Trailing SL Alerts [QuantNomad]It's alerts version of my Trailing SL strategy:
Use "Once Per Bar" param when creating alerts.
Profit and Stoploss CalculatorThis script is designed to display three stop loss areas to assist either with automation of risk management or identify and alert when price is in a range of a trade for risk to reward ratio.
In this version there are three stop losses and 1 PT. Mainly because i will most likely only be using 1 of the SL to pair with the PT.
Stoploss areas are displayed on both sides of the price for long and short calculations along with the two profit factors but the settings in the indicator it self apply to both sides in terms of percentage.
ATR based Stop and Take-Profit levels in realtime Little tool to quickly identify stops and take-profit levels based on Average True Range. User can change ATR multipiers, as well as the ATR length used. Green and red lines show these levels; plot is visible over last 8 bars only to reduce clutter. Label showing the current ATR, up above the last bar
ATR SL/TP Calculator
Hello traders!
With this script you will able to calculate easier SL and TP using the ATR Value according with your strategy.
Script plots two circles below and above the candle that is calculated using H/L of the candle +/- ATR Value.
You can also modify the ATR Period and other plotting options clicking on the settings icon.
Ciao Traders, in questi ultimi giorni non ho pubblicato analisi ma spero che gradirete questo script che vi faciliterà di molto il lavoro quando applicherete strategie basate sull'ATR per il calcolo degli stop o dei profit.
Grazie a questo script riuscirete a calcolare più facilmente lo SL ed il TP utilizzando il valore dell'ATR applicato al Massimo o al Minimo di quella candela.
Lo script visualizzerà due cerchi, uno sopra e uno sotto la candela che rappresentano il Massimo/Minimo più/meno il valore dell'ATR.
Potrete modificare il periodo dell'ATR e lo stile semplicemente cliccando sull'icona delle Impostazioni.
Trend TrailingAndrew Abraham
It can be used as:
- stop loss indicator
- indicator of support and resistance
- buy and sell signals
ATR x TP & SLSimple script based on ATR to calculate your Take Profit and Stop Loss
Input variables:
ATR Period ( Default: 14 )
TP Multiplier ( Default: 1*ATR )
SL Multiplier ( Default: 1.5*ATR )
SFL ATR BandsMany traders use ATR as a way to determine stop loss placement. It usually works like this:
- Stop loss for a short trade = high of last candle + ATR value
- Stop loss for a long trade = low of last candle – ATR value
This is an indicator that allows you to do just that: it gives you an easy way to view current and historical volatility using ATR-based price bands .
Features
The indicator is configurable with the following settings:
ATR period
ATR multiplier
ATR applied to highs/lows OR the close price
Bands offset
Only show for the last X candles
How To Use This Indicator
Since this indicator shows average volatility bands, it is a good measure of how much the price moves. So we can use ATR bands in a number of ways:
it’s an easy way to see where you can place your stop loss
you can use a multiple of ATR as your trade target
you can trail your stops alongside the ATR bands
Untapped Forceable LiquidityUses likely stop placements and liquidation points to visualize where there may be forceable buy or sell orders on the chart.
Good for catching wicks for entries or to see whether the bulls or the bears are in control. For example, a wick down into a liquidity point and a close back above it may be seen as bullish as the sell pressure was overwhelmed by the bulls.
Anyways, I like to use it for game theorizing for trend analysis.
Trailing Stop Loss ATR + AlertI share this TSL indicator with alert (I use it only for Stocks), the configuration is very simple, you must select if it is a Short or Long operation, time at which the operation was opened,% of the daily ATR for TSL. It also contains:
- Alert
- Panel Info
Ori Double-Sided Trailing Stoploss SystemGenerally trailing stoplosses are one sided. Trailing uptrend or downtrend. Also there are continuous trailing indicators that uses same settings for both uptrend and downtrend. It is good for improving the original approach to complete the system but not enough. Seperating values for uptrend and downtrend opening much more possibilities. It is better for sticking to trend and also better for showing your bias towards one side with different stoplevels. There are different options to build the system. You can calculate the stoploss from a moving average. Aka reference ma. Also calculating stoploss method can differ. You can use percentage, atr, standart deviation and ori. Ori is calculating highest and lowest level in a period and dividing it to the period. Others are classic. There is options for their settings. Also there is gap between uptrend stoploss and downtrend stoploss at switch areas, there is an option to decrease this gap in settings. Also you can use reference ma for switching between trends but it is also being used in calculating stoploss level so you may want a different switch mechanism. Aka seperate signal line. Other options are for visual settings such as candle colors. There is an indicator that i wrote "Ori Double-Sided MOST". That one is using reference ma also for signal line. There is no gap reducing and using percentage for calculating. It is easier to use but with less option. You can also improve that indicator in this indicator with more indicators.