ATR Stop Loss FinderThis Indicator uses Average True Range (ATR) to determine a safe place to put stop losses to avoid being stop hunted or stopped out of a trade due to a tight stop loss. Default multiplier setting is 1.5. For a more conservative stop loss use 2 and for a tighter stop loss use 1. ATR and stop loss prices are displayed in table at bottom of screen. Use high(red) for shorts and low(teal) for longs.
Média de Amplitude de Variação (ATR)
ATR SLHi traders,
As you know, ATR trailing stop is very popular indicator. So I decided to make my own one.
The logic is simple.
If the price is above the RMA(src,len), then put a SL at OPEN - ATR value of that time period
otherwise, put a SL at OPEN + ATR value of that time period.
Stay safe ^^
ADR% / ATR / LoD dist. TableDisplays the following values in a table in the upper right corner of the chart:
ADR%: Average daily range (in percent).
ATR: Average true range (hidden by default).
LoD dist.: Distance of current price to low of the day as a percentage of ATR.
All values are calculated based on daily bars, no matter what time frame you are currently viewing. Doesn't work for time frames >1D, which is why the table is not shown on weekly/monthly charts.
Credit to MikeC / TheScrutiniser and GlinckEastwoot for ADR% formula
Table Identifies the Price Extensively Using RSI, MA, and ATR ⬤ INDICATOR KEY
⬤ INTRODUCTION
The indicator has presented as a table to show the perspective result of different indicators to help the user identify the status of the price if it’s extended or not. The table starts with the ATR section, which gives out a better look to compare the current day’s candle wide versus the average candle wide of a certain length of period that selected by the user. The second section of the table, showing RSI values at the most common upper timeframes, and the different percentages between the current price and long-term moving average entered by the user.
⬤ INDICATOR OVERVIEW
⬤ FINAL COMMENTS
▸This’s not a trading signal, but it helps to make a trading decision whether to set targets, stop loss, and enter a new trade.
▸If you found this content useful, please consider supporting presented indicators projects through PayPal which mentioned in the signature box, below.
▸ Trade Safe✌️.
⬤ OTHER GREAT INDICATORS CREATED BY MUQWISHI
📈 Muqwishi Volumetric Candle
📈 Support and Resistance For Day Trader | By MUQWISHI
Dynamic Support And Resistance [CC]The Dynamic Support And Resistance Indicator was created by Mike Siroky (Stocks and Commodities pgs 14-18) and this is a handy indicator that will show you useful support and resistance levels no matter how the stock is doing right now. I have color coded the middle line to show buy and sell signals so buy when the line turns green and sell when it turns red.
Let me know if there are any other indicators you want me to publish!
Stop Loss IndicatorThe stop loss indicator is a single trade indicator to manage risk
It tells you the size of the trade you should enter and lets you know where to place stops and when and where to trail your stops to based on ATR, given your entry price and risk amount.
Set the date and time once trade is active and once ATR moves above(long)/below(short) entry price you can move your stop loss following the green triangles.
Short
green triangle down => high + (ATR * 1.5)
red triangle up => low + (ATR * 1.5)
Long
green triangle up => low - (ATR * 1.5)
red triangle down => high - (ATR * 1.5)
TREX
TREX or TPA indicator by SOTTI
// The basic version and start of this indicator was set by my good friend Mr Shayan Karimi and we have room to learn from him and this text is here to make this happen.
//This indicator is taken from Master Saeed khakestar indicator
//Trigger price action -- True Range Exchange -- TPA - TRex
how to use this indicator:
this indicator for price action system and use full for student of master saeed khakestar
you can use tp1 for stop loss and tp3,7,15 for target you finde a flag limit on this area and set your tp or target
and use th or tr for price how much can be run and live use for price how much runned
TP1 = ATR time
PI.SL = TP1 + ENG.sl = pivot stop loss
ENG.sl = 0.25* TP1 = triger price actions stop loss
TP3 = 3*TP1
TP7 = 7*TP1
TP15 = 15*TP1
TH -> tavan harkati
TR -> True range average
LIVE -> live range candel
TP1 = توان حرکتی تایم که در ان هستیم
PI.SL = توان حرکتی تایم + میزانی که از نفوذ هار در امان باشیم
ENG.sl = یک چهارم ای تی ار تایم
TP3 =سه برابر تارگت اول
TP7 = هفت برابر تارگت اول
TP15 = پانزده برابر تارگت اول
TH -> توان حرکتی
TR -> میانگین توان حرکتی
LIVE -> میران حرکت کندل لایو
TH.long = گام بلند حرکتی
TH.small = گام کوتاه حرکتی
Crypto SniperAn easy to follow indicator for scalping or long term trades. You can add this indicator to other analysis as a complementary indicator or use it alone for entry and exit your trades.
Features
• Simple entry signals, buy the contract at the end of the signal candle
• Additional entry signals can be enabled to increase your position and your profits
• Get exit signals for your opened trades.
• Alert conditions for all entries, additional entries and exits
• Enable ATR plot of Take Profit and Stop Loss
• Customize your ATR settings to adapt the indicator to any market
This indicator use some analysis to get the bottom/top of the cycles. Any market or timeframe and can be used. Specially designed for scalping on cryptocurrency futures markets.
EMA based ATR Stops-If the FAST EMA is ABOVE the SLOW EMA then the ATR Stops will be placed x amount BELOW the lows
-If the FAST EMA is BELOW the SLOW EMA , then the ATR Stops will be placed x amount ABOVE the highs
-If the fast ema is above the slow ema but they are sloping down, their colours will turn to a shade of blue
-If the fast ema is below the slow ema but they are sloping up, their colours will turn to a lighter shade of blue
-I added an extra ema but it is off by default
TAYOR!
Flexible timezone-aware session rangeAllows you to define session range with local time and its timezone, also can toggle session visibility any day of week.
Session Volatility CalculatorHey traders!
This script calculates the average volatility of trading sessions.
You specify a start date, an end date, and a session time (eg. market open, Asian session etc)
The script then scans through all the price action on your chart and calculates the average price movement during that specified period.
What Is It For?
I created this script for my own purposes when developing certain strategies and testing certain ideas.
The purpose of this script is to give you an idea of how much price tends to move during certain times of day for certain markets.
You could think of it as a "session's average true range".
In crypto and forex this might be how much price tends to move on certain pairs during the Australian/Asian session, or the European session, or the overnight U.S. session etc.
In stocks this might be how much a symbol tends to move during the first hour of the day or the last hour of the day.
The point of calculating this information is for better understanding how markets move during certain times of day.
It's not a perfect science obviously since some days can be wilder than others depending on what fundamental events are developing, but it's useful information to have for times when there are no expected volatility-inducing events.
This info can help with optimizing targets and stop loss placement for certain day-trading strategies, and just generally getting an idea of what kinds of moves you might reasonably expect out of overnight positions or certain times of day etc - or at least that's what I use it for.
Settings
Hover your mouse over the "i" symbol to get more information on the script's settings, but here's a brief description:
Start Date: The date to begin calculating from (set to 1000 by default so it scans the entire chart).
End Date: The date to stop calculating (set to 2099 by default so it scans the entire chart)
Time Session: This is the time session during the day that you want to analyze.
Color Background: If turned on, this setting changes the background color to highlight the session.
Indicator Values
The indicator outputs a handful of values onto your chart. This is what the colors correspond to:
Top-Right Box: The average price range during the given time of day over historical price action.
Green Number: The recent session's highest price.
Red Number: The recent session's lowest price.
Purple Number: The recent session's price range (high - low).
Orange Number: The recent session's range ÷ the average (outputs a relative % of the average).
[JL] ATR HL CloudI am playing ATR now.
This script is made to watch ATR and highest-lowest.
ATR is calculated by max of short period and long period.
Up cloud is lowest price plus ATR * Multi
Dn cloud is highest price decrease ATR* Multi
Higher and higher cloud means up trend
Lower and lower cloud means dn trend
Trex [MrD3v]To appreciate dear Mr.Khakestar efforts i have converted his mt4 ATR formula to pine script. All credits goes to him.
Special Thanks To shayankm
Long Step $ Short Step added
DR added
Standard SL added
Eng.SL and Hunter.SL added.
Incompatible default colors with dark theme now are fixed.
Colors can be changed from settings.
All drawing sizes can be modified from settings. (Change the sizes for your mobile device)
Now crypto and fx markets are automatically detected.
Added APR only working on Crypto and FX.
Outputs on "BTCUSD(T), FX, Main metals" are now rounded to pips.
V1=PRICE ACTION (INVITE ONLY SCRIPT)
Hello Traders,
Here i bring you my first Price Action Atr based Indictor combined with fib entry and exit trailing levels with minimum risk and maximum profit , as we must have seen at times as we enter the trend reverse and hits our stoploss . Keeping that in mind as i too stuggled and made losses so i decided and focused more on minimizing the stoploss and only on confirmation Long or Short trade is been initiated along with trailing Stoploss as explaned in the images below , why should we give market our money ;) as we are here to make money :D .. There is no holy grail as Stoploss wont be hit but yes it will be way less and all alerts are based on candle close ... Trend Screener is added too which will tell you about the trend .. One can use this on any chart and any timeframe and its very good for scalping too . Vwap and Baseline is added too just incase you want to enter trend manually ... Better results are on 15m and above . Hope you guys will like it and comment if you have any doubts..
-----------------
Disclaimer
Copyright by FaizanNawazz.
The information contained in my scripts/indicators/strategies/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My scripts/indicators are only for educational purposes!
Happy Trading!
Cappuccino IndicatorThis is a indicator I built on the basis of RSI and price action.
It is the Cappuccino-Indicator. It calculates back the estimated price based on RSI with some optional filters and gives signals for buy and sell.
it works as follows:
- the current RSI value is calculated back to a estiamated market price
- shoutout to some developers who made some functions possible, this was a long work, I cannot find Your sources anymore, I'm sorry. Text me I will publish Your credits. You are awesome and I respect Your work.
- The principle is simple. as suggested by RSI Rookies the market is bullish when in certain RSI Levels, and bearish when in other
- This indicator also combines some trend channels for easier spotting good entries
- The Cappuccino Indicator tries to keep you in a trade as long as possible
- It uses ATR based Trailing SL for you to not get rekt
- It is just a piece of software, You're trading on Your own risk
Have fun.
NVME Candles Creator Experimental //Note://
This is an experimental indicator that may provide you with useful information or it may not depending on how you use it and more information can be found below!
NVME Candle Creator indicator is an experimental indicator that allows you as the user to build your own candlestick system within a click of a button. The indicator uses data from 5 different chart series including the following: The default candle stick, Heikin Ashi, Renko (ATR Version), Kagi and the Point and Figure chart. Since there are 4 pieces of data from a candle plot such as the open, the close, the high and the low, we are able to edit each individually with our own data using the security() function and the chart series functions that are linked to the those specific charts. This indicator is designed to be used as a second chart alternative without having to take much screen space, however there are other uses to it such as using this indicator to find information about other chart types and possibly creating a noise free chart series using our integrated colour scheme system.
The features of this indicator are the following:
Sources (1-4) : These are customisable by changing the item listed on the drop down menu, the items displayed will be data from the charts such as open, close, high, low, hl2, hl3, and ohcl etc. There are 4 of these inputs as this will change the data that you are grabbing for the series. (Series 1 -> Close, Series 2 -> Open, Series 3 -> High, Series 4 -> Low)
Candle Style (1-4) : This is the chart series we will be using to get the final output of the indicator, this can be changed by selecting a different item in the dropdown menu. The following content of this drop down menu are: Default (Japanese Candlesticks), Heikin Ashi Candlesticks, ATR (Renko Version), Kagi and Point and Figure. These will strongly determine the final output of the indicator as they can change what data will be represented and how it will be displayed.
Length (1-4) : The value in this input field only affects the following candle style options: ATR, Kagi and Point and Figure. The reason is because these chart series include a customisable input in the form of reversal points or ATR value. Changing this value will determine the final design of the indicator as it can make the candles larger or smaller depending on the number inside the box.
Custom Timeframe (1-4) : This toggle will allow you to fetch data from a different timeframe of choice, however disabling this will fetch data from the current timeframe period.
Timeframe Value (1-4) : This input field is only active when the custom timeframe is enabled and this will change the security function so that it grabs data from the timeframe inputted and this can change the indicator's output so that the candles will look different but it doesn't have a significant change compared to the candle style feature.
Colour Filter: (Affects the candles plotted)
Option 1: "Close > Open" - Recolours the candles in a manner where candles will be green if that candle is greater than the open and the candles will be red if the close is less than the open.
Option 2: "Close < Open" - Recolours the candles in a manner where candles will be red if that candle is greater than the open and the candles will be green if the close is less than the open. (May be useful for some settings where the plots are different) - Use this as a colour correction.
Option 3: "None" - The colours will be removed so you will have to manually change it.
Dashboard: This can be turned off or turned on however it doesn't contain anything useful only a reminder that it isn't recommended to use this indicator alone as it is designed as an experimental indicator.
[JL] ATR Labels with FX Risk Position(USD)I always use ATR to set up SL. So I changed ATR Labels to calculate risk dollars based on curency pairs.
I can not update old ATR Labels title. So I publish this new script.
This pip value calculation is based on USD currency.
[JL] ATR LabelsJust need to see ATR values when I made Renko script. So I make this script.
I like number 5 so I use 5 to timeframe.
Calculate ATR for the following:
- Monthly
- Weekly
- Daily
- 5-Hour
- 1-Hour
- 12-Min
Label default displayed on right side and middle of 50 bars.
Position Sizing w/ ADR&ATR TrackingScript to use for position sizing based on portfolio size, max position, and max loss inputs. The option to use custom entry and stop are available, but default to last price for entry, and Low of Day (LoD) for stop. The ATR % is a measure of the low of day to current price as a percentage move.
Credit to LonesomeTheBlue for the base code on position sizing and TheScrutiniser/GlinckEastwoot for ADR formula
-Nelgoth, best of luck
MATR 4H Strategy - UpTradingEN // MATR 4H Strategy - UpTradin
Use 1:
This script is effective for all assets. Find out how to get the best performance. This indicator offers several possibilities:
- Only in TimeFrame 4H.
- The gray curve shows you the trend. You should not trade against it.
- Once the trend is established you can buy or sell according to the Buy and Sell sign.
- When the orange point (warning) appears you must remain attentive to a continuation of the movement or a reversal.
Use 2:
You can program limit orders using the green or red stripe. These are two bands that anticipate the high or low point of the price.
Legend:
- The gray line is an Ema 20 based on a Daily TimeFrame.
- The orange point means a continuation or a reversal.
- Buy means a buy zone.
- Sell means a sales area.
- The green curve allows you to program a limit order to buy.
- The red curve allows you to program a limited order to sell.
Operation:
This script works from an ATR programmable according to your needs and correlated according to an Ema. It also shows you the trend in a single one thanks to an Ema 20 based on Daily data.
FR // MATR 4H Strategy - UpTrading
Utilisation 1 :
Ce script est efficace pour la totalité des actifs. Découvrez comment obtenir le fonctionnement idéal. Cet indicateur offre plusieurs possibilités :
- Uniquement en TimeFrame 4H.
- La courbe grise vous indique la tendance. Il ne faut pas trader contre celle-ci.
- Une fois la tendance établie vous pouvez acheter ou vendre selon le signe Buy et Sell.
- Lorsque le point orange (warning) apparaît vous devez rester attentif à une continuation du mouvement ou d’un retournement.
Utilisation 2 :
Vous pouvez programmer des ordres limites grâce à la bande verte ou rouge. Il s’agit de deux bandes qui anticipent le point haut ou bas du prix.
Légende:
- La courbe grisée est une Ema 20 basée sur un TimeFrame Daily.
- Le point orange signifie une continuation ou un retournement.
- Buy signifie une zone d’achat.
- Sell signifie une zone de vente.
- La courbe verte vous permet de programmer un ordre limite à l’achat.
- La courbe rouge vous permet de programmer un ordre limité à la vente.
Fonctionnement:
Ce script fonctionne à partir d’un ATR programmable suivant vos besoins et corrélé suivant une Ema. Il vous indique également en une seule la tendance grâce à une Ema 20 basée sur des données en Daily.
Open Range Breakout with TSLThis ORB with TSL Indicator Session Time is Indian NSE and BSE Equity Market
This indicator Provide you 2 type Setup
Opening Range Plot Only for Observation
1st Range Breakout = Long
2nd Range Breakout = Short
How to work This Indicator?
When Market is Open This Indicator automatically Plot Opening Range High and Low,
if Market bullish & Candle Close above Opening Range high When This Indicator automatically Plot 1st Range High and Low if You Want to 1st Range High Plot Crossingup any Candle You can Also Add Alerts
if Market Bearish & Candle Close Below Opening Range Low When This Indicator automatically Plot 2nd Range High and Low if You Want to 2nd Range Low Plot CrossingDown any Candle You can Also Add Alerts
If you Have any Suggestion please mention here
Thank you so much
This Also Automatically start trailing SL on basis of ATR
