The purpose of this tool is to help the trader determine a safe stop loss price and take profit which dynamically changes due to ATR (Average True Range)
This tool uses the concept of
ATR (Average True Range)
Risk Reward Ratio (Money Management method)
How is ATR Stop Loss and Take Profit Finder working
Step 1 ) Tool will calculate TR(True...
What is this for
This tool is designed as a companion to an automated strategy running on Alertatron. Sometimes when a strategy opens a trade, you decide that based on TA you would like to close all or or a portion of your trade at a support or resistance level. The strategy may already be programmed to take profit but this tool allows you to add additional take...
(My goal creating this indicator) : Provide a way to enter the market systematically, automatically create Stop Loss Levels and Take Profit Levels, and provide the position size of each entry based on a fix Percentage of the traders account.
The Underlying Concept :
What is Momentum?
The Momentum shown is derived from a Mathematical Formula, SUPERTREND. When...
The purpose of strategy is to detect long-term uptrend and short-term downtrend so that you can easy to take profit.
The strategy also using BHD unit to detect how big you win and lose, so that you can use this strategy for all coins without worry about it have different percentage of price change.
ENTRY
The buy order is placed on assets that have...
First off, huge thanks to @fikira! He was able to adapt what I built to work much more efficiently, allowing for more strategies to be used simultaneously. Simply put, I could not have gotten to this point without you. Thanks for what you do for the TV community. Second, I am fairly new to pinescript writing, so I welcome criticism, thoughtful input and...
-Modified version of Squeeze Momentum Indicator by @LazyBear.
-Converted to version 5,
-Taken inspiration from @KivancOzbilgic for its buy sell calculations,
-Used @Bunghole strategy template with Take Profit, Stop Loss and Enable/Disable Toggles
-Added Custom Date Backtesting...
A few people have been asking me to share my backtesting template. Currently I use this as my starting point for validating existing strategies and developing new ones.
Features:
Trading Date Range
Trade Direction
4 progressive take profits with target percents and percentage of position to take profit on (Thanks adolgo)
Variable percentage Stop...
OVERVIEW
The Average True Range Multiplier (ATRX) is a simple technical indicator that takes the value of the ATR indicator and multiplies it by a user-specified amount.
CONCEPTS
This indicator is primarily used to set key levels based on historical volatility. The ATR indicator alone measures the historical volatility of the selected instrument, this...
The ADX and MACD confluence can be a powerful predictor in stock movements. This script will help you find those confluences in an easy to understand visual manner.
It includes Buy and Sell signals for detected confluences, and will show colored candles to help you determine when to exit a trade. When the candles turn to white that means the detected confluence...
This is one of the best strategies that can be used to get familiar with technical indicators and start to include them in your trading bot rules.
ENTRY
1. This trading system uses the RSI ( Relative Strength Index ) to anticipate good points to enter positions. RSI is a technical indicator frequently used in trading. It works by measuring the speed and change...
Simple Supertrend strategy with Take Profit levels.
Note: Make sure TP amounts add up to 100.
Opens a position with Supertrends strategy then adds Take Profit points with certain amounts of current position.
Hi everybody,
This strategy is a RSI, Price Averaging, Pyramiding Strategy based on the earlier RSI+PA+DCA strategy. See below.
For this slightly different strategy I left the DCA option out and instead focused on the Take Profit calculation. In the previous strategy the Take Profit was directly connected to the Average Price level with a specified take...
Republish:
Take profit Multi timeframe:
In this scipts, I build risk-reward system managemant. You can take profit in two way: percent or at resistant in higher timeframe or both.
Strategy in this scripts, I use Wave trend indicator as example strategy.
In many strategies, it's quite common to use a scaled ATR to help define a stop-loss, and it's not uncommon to use it for take-profit targets as well. While it's possible to use the built-in ATR indicator and manually calculate the offset value, we felt this wasn't particularly intuitive or efficient, and could lead to the potential for miscalculations. And...
This script is a template to execute your strategy with Stop Loss and Take Profit and showing Trades.
Then, you can write your strategy without taking care of Stop Loss and Take Profit method.
3x Fixed Percent Stop Loss, Trailing Percent Stop Loss, Trailing ATR Stop Loss, Tailing HHLL Stop Loss
3x Fixed Percent, Take Profit
A strategy created using Hull Moving Average and WT Cross .
Hull Moving Average turns green and WT Cross crossover this is a long. Otherwise short.
Stop Loss and Take Profit settings are available. You can set it to the level you want or turn it off.
According to my measurements, it shows the best performance in the 4-hour period. But you can find the best...
Hi,
Here is a 'template', using array's, for multiple orders and different SL/TP levels per trade (This is an example with max 5 open trades)
The 'switch' makes sure that the first available position will be used,
for example, when 'L1' is closed in the past, and a buy condition is triggered, position 'L1' will be filled,
should it be that 'L1', 'L2', 'L3' are...
While creating this strategy, I was inspired by "ott(by Anıl Özekşi)" and "RSI + Bollinger Double Strategy(by ChartArt)".
Basically, the strategy uses ott bands instead of bollinger bands in the "RSI+Bollinger Double Strategy".
User can select take profit, stop loss, position direction(long, short or both) and the other ott parameters via interface.
![BTCUSDT: Squeeze Momentum Strategy [LazyBear] Buy Sell TP SL Alerts](https://s3.tradingview.com/l/lEQZl0vE_mid.png "Squeeze Momentum Strategy [LazyBear] Buy Sell TP SL Alerts")
![BTCUSDTPERP: Strategy Backtesting Template [MYN]](https://s3.tradingview.com/z/zi6NdAO0_mid.png "Strategy Backtesting Template [MYN]")
