PROTECTED SOURCE SCRIPT
Updated [GM-PRO] Money Management
Volatility riskreward moneymanagement
This script tells you where to place your Initial Take Profit Targets and Stop Losses both long and short. The position of these targets is based on price volatility (using ATR to calculate).
Distance of stop loss and take profit can be modified as multiples of the ATR.
For a 2:1 reward:risk ratio, set Take Profit to 2 and Stop Loss to 1.
Coming Soon:
BASELINE
- over 20 moving averages to chose from
- ATR bands
- trend colored candles and signals on crossover
TDFI (Trend Direction and Force Index ).
- Ultimate Volatility Indicator
- Keeps you out of flat Matkets
- Many settings to tweak for optimization.
This script tells you where to place your Initial Take Profit Targets and Stop Losses both long and short. The position of these targets is based on price volatility (using ATR to calculate).
Distance of stop loss and take profit can be modified as multiples of the ATR.
For a 2:1 reward:risk ratio, set Take Profit to 2 and Stop Loss to 1.
Coming Soon:
BASELINE
- over 20 moving averages to chose from
- ATR bands
- trend colored candles and signals on crossover
TDFI (Trend Direction and Force Index ).
- Ultimate Volatility Indicator
- Keeps you out of flat Matkets
- Many settings to tweak for optimization.
Release Notes
Changed variable type to float for TP1.Release Notes
Fixed Label Issue. Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.