OPEN-SOURCE SCRIPT
Moving Stop Loss (Most) by ceyhun
Updated
ATR is an indicator that has been removed and replaced with a moving average.Bar colors and infopanel have been added.
//Barcolor
Green = ExMov > Most and close > Most and low > Most
Blue = ExMov > Most and close > Most and low < Most
Red = Most > ExMov and close < Most and high < Most
Yellow = Most > ExMov and close < Most and high > Most
//It gives White color where there is deterioration.
//InfoPanel
Buy Price = Blue draws the circles at the purchase price.
Profit Long>20 = Risk level taken as a percentage, I got the highest 20%, you can determine as you wish.
Sell Price = Red draws the circles at the purchase price.
Profit Short>20 = Risk level taken as a percentage, I got the highest 20%, you can determine as you wish.
==Atr Original Code==
CDC ATR Trailing Stop V2.1 (2013)
tr.tradingview.com/v/91lUzwPN/
==Most Code==
MOST by Anıl ÖZEKŞİ
tr.tradingview.com/v/28ZcW4nv/
Barcolor
Barcolor
//Barcolor
Green = ExMov > Most and close > Most and low > Most
Blue = ExMov > Most and close > Most and low < Most
Red = Most > ExMov and close < Most and high < Most
Yellow = Most > ExMov and close < Most and high > Most
//It gives White color where there is deterioration.
//InfoPanel
Buy Price = Blue draws the circles at the purchase price.
Profit Long>20 = Risk level taken as a percentage, I got the highest 20%, you can determine as you wish.
Sell Price = Red draws the circles at the purchase price.
Profit Short>20 = Risk level taken as a percentage, I got the highest 20%, you can determine as you wish.
==Atr Original Code==
CDC ATR Trailing Stop V2.1 (2013)
tr.tradingview.com/v/91lUzwPN/
==Most Code==
MOST by Anıl ÖZEKŞİ
tr.tradingview.com/v/28ZcW4nv/
Barcolor
Barcolor
Release Notes
added minval and maxval to length and percentRelease Notes
defval and minval addedRelease Notes
bugs fixedRelease Notes
info panel fixRelease Notes
fixRelease Notes
bugs fixRelease Notes
fix Moving Average Type
Panel : Support-Resistance Distance
Release Notes
v5 fixRelease Notes
period fixRelease Notes
fixOpen-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.
Want to use this script on a chart?
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.