Republish:
Take profit Multi timeframe:
In this scipts, I build risk-reward system managemant. You can take profit in two way: percent or at resistant in higher timeframe or both.
Strategy in this scripts, I use Wave trend indicator as example strategy.
In this strategy, I used Wavetrend indicator (Lazy Bear).
It is very simple and easy to understanding: Long when Wavetrend1 crossover Wavetrend2 and they are less than a limit value (not buy when price overbought). Stoploss at lowest 3 bar previous. R:R = 1:1,5.
About other shortterm strategies for crypto market, you can view my published strategies.
That indicator helps us to determine the stop loss levels or prices in terms of atr levels. It includes 4 (four) options which are 1-Don't Risk, 2-Low Risk, 3-High Risk, 4-Risk Lover their exploding rates are 1-2.4% , 2-3.9% , 3-6.7% , 4-16.7% in sort. It helps us to produce new methods to decreace our risk/reward ratio. It is ATR Trailing StopLoss indicator. The...
How to use:
Use the cursor to select the time, entry, stop loss, and target position. Then a window will pop up and type the trading fee or any other things you want to adjust to calculate the actual reward/risk ratio according to the price you selected.
Known error:
Settings of this script can't be saved as default might due to the interactive price selection...
This is an intuitive risk management tool with a minimalist design.
This calculator will determine your position size per trade, profit, loss, risk/reward ratio and leverage if any.
It will calculate your leverage if you are trading financial instruments e.g. Mini Futures , Turbo Warrants etc. that have a financing level.
Tip: Use this as a complement to the...
Good money management is one of the fundamental pillars of successful trading. With this indicator, we propose a simple way to manage trading positions. This tool shows Profit & Loss (P&L), suggests position size given a certain risk, sets stop losses and take profit levels using fixed price value/percentage/ATR/Range, and can also determine entries from crosses...
This is a script to make calculating position size easier. It calculates position size as a percentage of account balance and Risk/Reward based on input values of entry, exit, stoploss and shows the R/R box similar to tradingview's R/R tool. There is an option to toggle showing label and choosing of label text color.
Have to enter the following inputs in order...
The Omega Ratio is a risk-return performance measure of an investment asset, portfolio, or strategy. It is defined as the probability-weighted ratio, of gains versus losses for some threshold return target . The ratio is an alternative for the widely used Sharpe ratio and is based on information the Sharpe ratio discards.
█ OVERVIEW
As we have mentioned...
- Estimates the risk of BTC price versus the USD
- To be used on the daily timeframe
- Works best on a BTC pair that has a lot of bars, e.g. The Bitcoin All Time History Index
- 0 is the lowest risk, 1 is the highest risk
- Historically, buying when the risk was low and selling when the risk was high would have yielded good ROI
- The risk bands are 0.1 in width...
This script allows you to calculate position size, and future profit, loses.
- You can add 3 target values and 1 stop loss
- Optionally you can display table, position it as you like, and see risk ratio
Plans:
- add profit loss to the labels
The Auto Position Sizing Risk Reward indicator shows different Risk levels 1, 1.5, 2 and 3 based on your risk amount and uses an auto Stoploss level based on the ATR.
You can set the values for the "Note or Title", "Risk Amount", "Entry", "Target Price", "Stop Loss Distance", "Default Risk/Reward" and ATR settings.
The "auto" part comes into play when you...
Hello ladies (if any in my followers ?) and gentlemen
Here's your indicator of the day and once again given for FREE. What I'm going to say to my landlord if I can't pay rent because I'm not asking for $$ ?
I'll probably send the next indicators from below the town brige. Even then... I will still comply with my challenge to share 1 original indicator a day and...
this indicator has been designed to make your calculations easier and faster.
you can use this indicator to set tp and sl prices based on your entry price, balance,risk and leverage.
it has been designed only for cryptocurrency market and it is not recommended to use it in other markets!
1- enter your balance in the setting of the indicator.
2- enter risk...
Hello Traders
This is a proof of concept and a cool pinescript utility
It displays a risk to reward division as a fractional value.
For example
Risk: 300
Reward: 600
This will be displayed as 1/2 as we can earn 2 units for a potential loss of 1 unit
(600/300 = 2) for those wondering the NASA level mathematics behind :)
Best regards
Dave
Current script was created to help faster calculate possible gain or loss from a furure trade. Making money management a bit simpler, by changing values you can adjust proper trade leverage and see possible target values
Hello traders,
I started this script as a joke for someone... finally appears it could be used for educational content
Let's talk about leverage and margin call
Margin Call
A margin call is the broker's demand that an investor deposit additional money or securities so that the account is brought up to the minimum value, known as the maintenance margin.
A...
Today I bring you another amazing strategy.
Its made of 2 EMA in this case 50 and 100.
At the same time, internaly for candles we calculate the candles using the HA system ( while still using in live the normal candles). This way we can assure that even if we use HA candles, we avoid repainting, and its legit.
We first calculate the HA candles based on the EMA...
![BTCUSD: Risk Management Tool [LUX]](https://s3.tradingview.com/f/fLtr5XhT_mid.png "Risk Management Tool [LUX]")
![AMZN: ️Omega Ratio [POW]](https://s3.tradingview.com/o/OF5X8RqT_mid.png "️Omega Ratio [POW]")
