This is a completely revamped version of my "RSI and ATR Trend Reversal Strategy." What's New? The RSI has been replaced with an original indicator of mine, the "VAWSI," as I've elected to call it. The standard RSI measures a change in an RMA to determine the strength of a movement. The VAWSI performs very similarly, except it uses another original indicator of...
Description: The Adjustable Trailing Stop Indicator is a practical tool designed to enhance your trading strategy by allowing for automatic modifications of stop-loss orders according to your specified parameters. This indicator provides a dynamic alternative to the traditional static stop-loss orders, assisting in managing your potential profits and curbing...
A simple R/R indicator that allows you to input your entry price and stop loss (in ticks). Then, your take profit levels are R-multipliers based on your stop loss. You can have up to 5 take profit levels on your chart. There is also a function to indicate if it is a long or short setup. You can also set alerts with this script, allowing you the ability not to have...
Average Stop Loss And Take Profit Calculator For Futures Trading by Gorki Description The "Average SL% Calculator with TP Levels" script, is a simple tool for traders to plan the trades and check how much loss they are going to receive if they run this strategy. This script calculates the average price of up to four entry points, determines the percentage...
█ OVERVIEW This Pine Script calculates a Stop Loss and Take Profit order suggestion based on the Average True Range (ATR). This provides a market generated visual reference for the user to better gauge risk and profit potential for their trades. This is not a trade signal system, it is a tool best used in conjunction with an existing system. ...
Quick History: I was frustrated with a standard fixed percent TP/SL as they often were not receptive to quick market rallies/reversals. I developed this TP/SL and eventually made it into a full fledge strategy and found it did well enough to publish. This strategy can be used as a standalone or tacked onto another strategy as a TP/SL. It does function as both with...
This is a very simple long-only strategy I've used since December 2022 to manage my Bitcoin position. I'm sharing it as an open-source script for other traders to learn from the code and adapt it to their liking if they find the system concept interesting. General Overview Always do your own research and backtesting - this script is not intended to be traded...
🎉 Introducing Your Trading TP SL Risk Commission Calculator! 🎉 Hey there, savvy trader! 🚀 Are you looking to enhance your trading game? Meet the Trading TP SL Risk Commission Calculator! This handy tool is here to guide you through the complexities of trading, providing insights into your potential risks and rewards. Let's walk through how you can leverage it for...
█ OVERVIEW This indicator projects ATR bands and, optionally, colors them based on a risk/reward advantage for those who trade breakouts/breakdowns using moving averages as partial or full exit points. █ DEFINITIONS ► True Range The True Range is a measure of the volatility of a financial asset and is defined as the maximum difference among one of the...
This indicator is created to give you the daily ATR 2% and 10% values for any product that you are looking at. The way the indicator is designed is to only show the most recent 2 and 10 percent values on any chart and will not show you any other number. If you are hovering over price that occurred in the past it will show zeros on the values. To get the right...
The Dynamic 9 EMA Trailing Stop-Loss Indicator is a specialized tool designed for the TradingView community to enhance risk management in trading. This script dynamically adjusts a trailing stop-loss level based on the position of the price relative to a 9-period Exponential Moving Average (EMA), offering traders a systematic approach to protect potential profits...
The Targets For Many Indicators is a useful utility tool able to display targets for many built-in indicators as well as external indicators. Targets can be set for specific user-set conditions between two series of values, with the script being able to display targets for two different user-set conditions. Alerts are included for the occurrence of a new target...
This script combines the power of Average True Range (ATR) and a Moving Average (MA) to dynamically set stop-loss and take-profit levels. It introduces a volatility surge condition and includes a risk management table for comprehensive trade insights. 1) **Originality:** - This script is original in its approach to combining Average True Range (ATR) with a...
The Targets For Overlay Indicators is a useful utility tool able to display targets during crossings made between the price and external indicators on the user chart. Users can display a series of two targets, one for crossover events and another one for crossunder event. Alerts are included for the occurrence of a new target as well as for reached targets. 🔶 ...
The script is a "Confluence Indicator with Fibonacci" designed to work on the TradingView platform. This indicator combines multiple technical analysis strategies to generate buy and sell signals based on user-defined confluence criteria. Here's a breakdown of its features: Confluence Criteria: Users can enable or disable various strategies like MACD, RSI,...
The "MA Sabres" indicator highlights potential trend reversals based on a moving average direction. Detected reversals are accompanied by an extrapolated "Sabre" looking shape that can be used as support/resistance and as a source of breakouts. 🔶 USAGE If a selected moving average (MA) continues in the same direction for a certain time, a change in that...
The SuperTrend is a very useful Indicator to display when trends have shifted based on the Average True Range (ATR). Its underlying ideology is to calculate the ATR using a fixed length and then multiply it by a factor to calculate the SuperTrend +/-. When the close crosses the SuperTrend it changes direction. This Strategy features the Traditional SuperTrend...
💥The Auto Trailing Stop-Loss indicator is a technical indicator that uses the ATR (Average True Range) to calculate a trailing stop-loss for both long and short positions. 💥The signals according to the indicator allows traders to exit from the position before its too late! The indicator can be used to determine when to enter and exit trades. 💥To use the...