OPEN-SOURCE SCRIPT

IZCI [xaurr]

Updated
Yet another trailing stop loss script, using optional percentage or atr values to follow the last price.

Green area: bullish , long
Red area: bearish, short

IZCI means trailing in Turkish.

If you find it usefull, please like it.

Good Luck :)
Release Notes
Added different percentage or atr values for long and short trend.
Release Notes
changed author name
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Minor fixed
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minor fixed
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Added alert conditions
Release Notes
Minor fixed
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Alert Cond. fixed
Release Notes
  • Atr fixed
  • Converted to pine script V5
Release Notes

  • moving average change ema to sma
  • atr calculation method changed rma to sma
  • added buy and sell plot shapes
Release Notes
minor fixed
Release Notes
plotshape location updated
Release Notes
trend direction updated
Release Notes

  • Added Gray area, for early birds (unstable signals)
Release Notes
chart updated
Moving AveragesressistancesupporttrailingtrailingstoptrailingstoplossTrend Analysis

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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