Cyber MondayUp to 80% OFF

Search in scripts for "Trailing stop"

Moving Average Cross and/or Bbands botHello TradingView and world! This is one of our latest concepts for an actual bot builder. This script comes with a bunch of features that we're hoping will alleviate a lot of the stress and confusion around using and building strategies here on TV. Especially if the end-goal is to automate the strategies using Autoview. This is a combination of 2 strategies, and gives you full control of each component within the script. The 2 strategies are: 2 Moving Averages == if close is greater than moving average and moving average 1 is greater than moving average 2 Bolling Bands == if close is less than lower or greater than upper Features / Settings included : - Ability to change settings from a commodity market (default) to an altcoin or forex market. - Backtest time period selector component - Heiken Ashi Candles on/off - Moving Average Strategy on/off - Bollinger Bands Strategy on/off - Both Moving Average settings can be adjusted - Bollinger Bands length and multiplier can be adjusted. - Pyramiding Greater Than, Equal To, or Less Than - Trailing Stop with the ability to set a price in which the Trailing Stop activate - Take Profit on/off and editable - Stop Loss on/off and editable - Margin Call on/off dependent on Leverage which is editable - If pyramiding is used, the strategy will calculate and display your average on the chart - Profit and Loss visuals added to the chart You can watch a video here on how all the settings can be used and work together. www.youtube.com You can learn more about Autoview here: autoview.with.pink Get your invite and join us in slack here: slack.with.pink
Pine Script® strategy
by CryptoRox
30
JC_MacD_RSI_Candle_Strat_public// // Author : Jacques CRETINON // Last Version : V1.0 11-22-2016 // // Risk disclaimer : Do not use this script in production environment. We assume no liability or responsibility for any damage to you, your computer, or your other property, due to the use of this script. // // Purpose of this script : // 1- use same pine code for strategy or study script (with simple modifications) // 2- be able to send alerts : enterlong, entershort, exitlong, exitshort, stoplosslong, stoplossshort, takeprofitlong, takeprofitshort in a study script like a strategy script should do // 3- do not repaint (I HOPE) // // RoadMap : // 1- manage : Trailing Stop Loss and Trailing Stop Loss offset // // I use this script : // 1- with default value for XAUUSD, current chart resolution : 1mn, large timeframe : 15mn. // 2- That's why I hard code MACD5 (5mn average), MACD15 (15mn average), MACD60 (1h average) ... // 3- MACD, RSI (1mn and 15mn) and Candles info are my inputs to take any decisions // // I do not publish my enterLong, enterShort, exitLong and exitShort conditions (lines 204 to 207 are sample !) as they are not as perfect as I'd like. Fell free to use your own conditions :) // // Please, report me any bug, fell free to discuss and share. English is not my natural language, so be clement ;) Happy safe trading :)
Pine Script® strategy
by Cretinon
4
Strategy Code Example - Risk Management*** THIS IS JUST AN EXAMPLE OF STRATEGY RISK MANAGEMENT CODE IMPLEMENTATION *** For my own future reference, and for anyone else who needs it. Pine script strategy code can be confusing and awkward, so I finally sat down and had a little think about it and put something together that actually works (i think...) Code is commented where I felt might be necessary (pretty much everything..) and covers: Take Profit Stop Loss Trailing Stop Trailing Stop Offset ...and details how to handle the input values for these in a way that allows them to be disabled if set to 0, without breaking the strategy.exit functionality or requiring a silly amount of statement nesting. Also shows how to use functions (or variables/series) to execute trade entries and exits. Cheers!
Pine Script® strategy
by JayRogers
61
Ichimoku-Hausky Trading systemThis is a indicator with some parts of the ichimoku and EMA. It's my first script so i have used other peoples script (Chris Moody and DavidR) as reference cause I really have no idea myself on how to script with pinescript. Hope that is okay! I use 20M timeframe but it should work with any timeframe! I have not tested this system much so I would really appreciate feedback and tips for better entries, settings etc.. Tenken-sen: green line Kijun-sen: blue line EMA: Purple Rules: Buy: IF price crosses or bounce above Kijun-sen THEN see if market has closed above EMA IF Market has closed above EMA THEN see if EMA is above Kijun-sen IF EMA is above Kijun-sen THEN buy and set trailing stop 5 pips below EMA Sell: IF price crosses or bounce below Kijun-sen THEN see if market has closed below EMA IF Market has closed below EMA THEN see if EMA is below Kijun-sen IF EMA is below Kijun-sen THEN sell and set trailing stop 5 pips above EMA
Pine Script® indicator
by Hausky
SuperTrend BFThe SuperTrend overlay by Olivier Seban provides an excellent 'trailing stop' that can be used with any bar length for bullish or bearish moves. My preferred timeframe is weekly for capturing huge (Super) moves. For instance applying it to AAPL, this baby would have us reeling in a fivebagger over the course of three years. Patience and holding your nerve are key to trend following and I like to think of SuperTrend as a great big visual 'crutch' right there on the chart. Essentially this is an average true range trailing stop, of which there are several versions available (eg see the Sylvain Vervoort version programmed by H Potter). SuperTrend differs by referring the stop back from the middle of the bar (High+Low)/2. This is similar to using the Vervoort with a tweak to the number of ATR's considered. At the end of the day its a matter of preference and what works best for you.
Pine Script® indicator
by blindfreddy
8
Super-AO with Risk Management Alerts Template - 11-29-25Super-AO with Risk Management: ALERTS & AUTOMATION Edition Signal Lynx | Free Scripts supporting Automation for the Night-Shift Nation 🌙 1. Overview This is the Indicator / Alerts companion to the Super-AO Strategy. While the Strategy version is built for backtesting (verifying profitability and checking historical performance), this Indicator version is built for Live Execution. We understand the frustration of finding a great strategy, only to realize you can't easily hook it up to your trading bot. This script solves that. It contains the exact same "Super-AO" logic and "Risk Management Engine" as the strategy version, but it is optimized to send signals to automation platforms like Signal Lynx, 3Commas, or any Webhook listener. 2. Quick Action Guide (TL;DR) Purpose: Live Signal Generation & Automation. Workflow: Use the Strategy Version to find profitable settings. Copy those settings into this Indicator Version. Set a TradingView Alert using the "Any Alert() function call" condition. Best Timeframe: 4 Hours (H4) and above. Compatibility: Works with any webhook-based automation service. 3. Why Two Scripts? Pine Script operates in two distinct modes: Strategy Mode: Calculates equity, drawdowns, and simulates orders. Great for research, but sometimes complex to automate. Indicator Mode: Plots visual data on the chart. This is the preferred method for setting up robust alerts because it is lighter weight and plots specific values that automation services can read easily. The Golden Rule: Always backtest on the Strategy, but trade on the Indicator. This ensures that what you see in your history matches what you execute in real-time. 4. How to Automate This Script This script uses a "Visual Spike" method to trigger alerts. Instead of drawing equity curves, it plots numerical values at the bottom of your chart when a trade event occurs. The Signal Map: Blue Spike (2 / -2): Entry Signal (Long / Short). Yellow Spike (1 / -1): Risk Management Close (Stop Loss / Trend Reversal). Green Spikes (1, 2, 3): Take Profit Levels 1, 2, and 3. Setup Instructions: Add this indicator to your chart. Open your TradingView "Alerts" tab. Create a new Alert. Condition: Select SAO - RM Alerts Template. Trigger: Select Any Alert() function call. Message: Paste your JSON webhook message (provided by your bot service). 5. The Logic Under the Hood Just like the Strategy version, this indicator utilizes: SuperTrend + Awesome Oscillator: High-probability swing trading logic. Non-Repainting Engine: Calculates signals based on confirmed candle closes to ensure the alert you get matches the chart reality. Advanced Adaptive Trailing Stop (AATS): Internally calculates volatility to determine when to send a "Close" signal. 6. About Signal Lynx Automation for the Night-Shift Nation 🌙 We are providing this code open source to help traders bridge the gap between manual backtesting and live automation. This code has been in action since 2022. If you are looking to automate your strategies, please take a look at Signal Lynx in your search. License: Mozilla Public License 2.0 (Open Source). If you make beneficial modifications, please release them back to the community!
Pine Script® indicator
by SignalLynx
The Trade Plan 9 & 15 EMA⭐ What Are EMAs? An Exponential Moving Average (EMA) gives more weight to recent prices, making it more responsive than a simple moving average. 9-EMA = very fast, reacts quickly to price changes 15-EMA = slightly slower, smooths short-term noise Together they help identify momentum shifts. 📈 How the 9/15 EMA Strategy Works 1. Buy Signal (Bullish Crossover) You enter a long (buy) trade when: ➡ 9 EMA crosses above the 15 EMA This suggests momentum is shifting upward and a new uptrend may be forming. 2. Sell Signal (Bearish Crossover) You enter a short (sell) trade or exit long positions when: ➡ 9 EMA crosses below the 15 EMA This suggests momentum is turning downward. 🔧 How Traders Typically Use It Entry Wait for a clear crossover. Confirm with price closing on the same side of EMAs. Some traders add confirmation using RSI, MACD, or support/resistance. Exit Several options: Exit when the opposite crossover occurs. Exit at predetermined risk-reward levels (e.g., 1:2). Use trailing stop below/above EMAs. 👍 Strengths Easy to follow Good for fast-moving markets Works well on trending markets Minimal indicators needed 👎 Weaknesses Whipsaws in sideways markets Many false signals on very low timeframes Works best with additional filters 🕒 Common Timeframes Scalping: 1m, 5m Day trading: 5m, 15m Swing trading: 1H, 4H
Pine Script® indicator
by miyarajmahamad284
Long-Term Strategy: 1-Year Breakout + 6-Month ExitDescripción (Description): (Copia y pega todo lo que está dentro del recuadro de abajo) Description This is a long-term trend-following strategy designed to capture major market moves while filtering out short-term noise. It is based on the classic principle of "buying strength" (Breakouts) and allowing profits to run, while cutting losses when the medium-term trend reverses. How it Works (Logic) 1. Entry Condition (Long Only): The strategy looks for a significant display of strength. It enters a Long position only when two conditions are met simultaneously: Price Breakout: The closing price exceeds the highest high of the last 252 trading days (approximately 1 year). This ensures we are entering during a strong momentum phase. Trend Filter: The SuperTrend indicator (Settings: ATR 10, Factor 3.0) must be bullish. This acts as a confirmation filter to avoid false breakouts in choppy markets. 2. Exit Condition: The strategy uses a trailing stop based on price action, not a fixed percentage. It closes the position when the price closes below the lowest low of the last 126 trading days (approximately 6 months). This wide exit allows the trade to "breathe" during normal market corrections without exiting the position prematurely. Settings & Risk Management Capital Usage: The script is configured to use 10% of equity per trade to reflect realistic risk management (compounding). Commissions: Included at 0.1% to simulate real trading costs. Slippage: Included (3 ticks) to account for market execution variability. Best Use: This strategy is intended for higher timeframes (Daily or Weekly) on trending assets like Indices, Crypto, or Commodities.
Pine Script® strategy
by MrOskama
Fibonacci Retrace + 50 EMA Hariss 369This indicator combines 3 concepts: Fibonacci retracement zones 50 EMA trend filter Price interaction with specific Fib zones to generate Buy/Sell signals Let’s break everything down in simple language. 1. Fibonacci Retracement Logic The script finds: Most recent swing high Most recent swing low Using these two points, it draws Fibonacci levels: Fibonacci Levels Used Level Meaning Calculation 0% Swing Low recentLow 38.2% Light retracement high - (range × 0.382) 50% Mid retracement high - (range × 0.50) 61.8% Deep retracement high - (range × 0.618) 100% Swing High recentHigh 🔍 Why only these levels? Because trading signals are generated based ONLY on:38.2%, 50%,61.8% These 3 levels define the golden retracement zones. 2. Trend Filter — 50 EMA A powerful rule: Trend Up (bullish) ➡️ Price > 50 EMA Trend Down (bearish) ➡️ Price < 50 EMA This prevents signals against the main trend. 3. BUY Conditions (Retracement + EMA) A BUY signal appears when: Price is above the 50 EMA (trend is up) Price retraces into the BUY ZONE: 🔵 BUY ZONE = between 50% and 38.2% Fibonacci i.e.,close >= Fib50 AND close <= Fib38.2 This means: Market is trending up Price corrected to a healthy retracement level Buyers are stepping back in 📘 Why this zone? This is a moderate retracement (not too shallow, not too deep). Smart money often enters at 38.2%–50% in a strong trend. 📘 BUY Signal Appears With: Green “BUY” label Green arrow below the candle 4. SELL Conditions (Retracement + EMA) A SELL signal appears when: Price is below the 50 EMA (trend is down) Price retraces upward into the SELL ZONE: 🔴 SELL ZONE = between 50% and 61.8% Fibonacci i.e.,close <= Fib50 AND close >= Fib61.8 This means: Market is trending down Price made a pullback Sellers regain control in the golden zone 📘 Why this zone? 50–61.8 retracement is the ideal bearish pullback level. 📘 SELL Signal Appears With: Red “SELL” label Red arrow above the candle 5. STOP-LOSS (SL) RULES For BUY trades, Place SL below 61.8% level.SL = Fib 61.8% OR more safe:SL = swing low (Fib 0%) For SELL trades Place SL above 38.2% level.SL = Fib 38.2% OR conservative: SL = swing high (Fib 100%) 6. TAKE-PROFIT (TP) RULES Based on common Fibonacci extensions. BUY Trade TP Options TP Level Meaning TP1 Return to 38.2% Quick scalping target TP2 Return to swing high Full trend target TP3 Breakout above swing high Trend continuation Practical suggestion: TP1 = 1× risk TP2 = 2× risk TP3 = trailing stop SELL Trade TP Options TP Level Meaning TP1 Return to 61.8% Moderate bounce TP2 Return to swing low Trend target TP3 Break below swing low Trend continuation 7. Recommended Trading Plan (Simple) BUY PLAN Price > 50 EMA (uptrend) Enter at BUY signal in 38.2–50% zone SL at 61.8% TP at swing high or structure break SELL PLAN Price < 50 EMA (downtrend) Enter at SELL signal in 50–61.8% zone SL above 38.2% TP at swing low 🟩 Summary (Very Easy to Remember) 🔵 BUY Trend: above 50 EMA Zone: between 50% and 38.2% SL: below 61.8% TP: swing high 🔴 SELL Trend: below 50 EMA Zone: between 50% and 61.8% SL: above 38.2% TP: swing low
Pine Script® indicator
by Hariss369
Average Directional Index infoAverage Directional Index (ADX) is a technical indicator created by J. Welles Wilder that measures trend strength (not direction!). Values range from 0 to 100. This indicator is a supplementary tool for assessing whether trend strategies are worthwhile, monitoring changes in trend strength and avoiding weak, choppy movements Value Interpretation: 0-25: Weak trend or sideways market 25-50: Moderate to strong trend 50-75: Very strong trend 75-100: Extremely strong trend (rare) Important: ADX does not indicate trend direction (up/down), only its strength! This script indicator includes additional features: 1. ADX Plot (purple line) Basic ADX value showing current trend strength. 2. ADX Trend Analysis (arrows) The script compares current ADX with its 10-period moving average with ±5% tolerance: ↑ (green): ADX rising → trend strengthening ↓ (red): ADX falling → trend weakening ⮆ (gray): ADX stable → trend strength unchanged 3. Information Table Displays current ADX value with trend arrow in the top-right corner. Parameters to Configure Smoothing (default: 14) - Indicator smoothing period Lower values (e.g., 7): more sensitive, more signals Higher values (e.g., 21): more stable, less noise Indicator Length (default: 14) - Period for calculating directional movement (+DI/-DI) Wilder's standard value is 14 Trend Length (default: 10) - Period for moving average to analyze ADX dynamics Determines how quickly changes in trend strength are detected Practical Application ✅ Strategy 1: Trend Strength Filter 1. ADX > 25 → look for positions aligned with the trend 2. ADX < 25 → avoid trend strategies, consider oscillators ✅ Strategy 2: Entries on Strengthening Trend 1. ADX crosses above 25 + arrow ↑ → trend gaining momentum 2. Combine with other indicators (e.g., EMA) for direction confirmation ✅ Strategy 3: Exhaustion Warning 1. ADX > 50 + arrow ↓ → strong trend may be exhausting 2. Consider profit protection or trailing stop
Pine Script® indicator
by Jawortrader
Delta Zones Buy/Sell Pressure UT Plus Delta Zones Buy/Sell Pressure: All-in-One Smart Trading Indicator 💡 Summary: This Indicator is designed as a powerful All-in-One analysis tool, consolidating 4 crucial trading strategies: Delta Zones (Extreme Pressure), Orderblocks & Breaker Blocks (Market Structure), Multi-Indicator Signals (RSI/CCI/Stoch), and UT Bot Alerts (Trend Signals). It provides a comprehensive trading setup on a single chart. 🔎 Key Features: Delta Zones (Extreme Buy/Sell Pressure): Utilizes Standard Deviation to spot candles with abnormal Buy/Sell Pressure, often indicating institutional activity or stop hunts. Orderblocks & Breaker Blocks: Automatically analyzes Market Structure Shifts (MSS) to draw Orderblocks and convert them into Breaker Blocks, serving as key support/resistance zones. Multi-Indicator Signals (RSI/CCI/Stoch): Provides confirmed Buy/Sell signals when RSI, CCI, and Stochastic are in Oversold/Overbought conditions and show reversal action (Users can select the combination). UT Bot Alerts: Includes a ATR-based Trailing Stop system and secondary Buy/Sell signals for trend confirmation. 🚀 How to Use: Use the "BUY/SELL" signals from the Multi-Indicator section as the primary trigger. Use the Delta Zones or Orderblocks/Breaker Blocks as high-confidence confirmation zones for entry/exit, and as precise Stop Loss placement areas. ⚠️ Note on Performance: This Indicator uses complex logic (especially Array and Box drawing functions) and may be resource-intensive on lower timeframes.
Pine Script® indicator
by angkoon4763
1
20 Day Range High/Low (Turtle Soup)This indicator identifies the Highest High and Lowest Low of the last 20 periods (customizable) and projects horizontal support/resistance lines to the right. Unlike standard Donchian Channels or other High/Low indicators that clutter the chart with historical "steps" or extend lines infinitely to the left, this script focuses on chart cleanliness. Key Features: Pivot-Point Start: The lines do not span the whole chart. They start exactly at the candle where the High or Low occurred. Right Extension: Lines extend only to the future, providing a clear visual for potential breakouts or support levels. No Historical Clutter: It does not draw the past movement of the High/Low, keeping your chart clean for price action analysis. Dynamic: As new Highs or Lows are made, the lines instantly update to the new positions. How to Use: Trend Identification: Use the High line as a resistance/breakout level (similar to Turtle Trading strategies). Stop Loss Placement: The Low line of the last 20 days often acts as a trailing stop location for long-term trends. Timeframes: While designed for the classic "20-Day" lookback on the Daily chart, this script works on any timeframe (e.g., finding the 20-hour range on a 1H chart). Settings: Length: Default is 20 bars. You can change this in the settings to any lookback period you prefer (e.g., 50, 100).
Pine Script® indicator
by mastertrader2873
Ross Cameron 5 Pillars FilterFirst, I am not Ross Cameron. This indicator is based on his five pillars of stock selection. ROSS CAMERON 5 PILLARS MOMENTUM FILTER 🎯 OVERVIEW This indicator automatically checks if the current symbol meets Ross Cameron's famous "5 Pillars" stock selection criteria from Warrior Trading - a proven methodology for identifying high-probability momentum day trading setups. 📊 ROSS CAMERON'S 5 PILLARS 1️⃣ RELATIVE VOLUME ≥5x (Automated ✅) • Compares current volume to 30-day average • Minimum 5x confirms institutional/retail interest • High RVol = high liquidity and momentum potential 2️⃣ DAILY % CHANGE ≥10% (Automated ✅) • Stock must already be showing momentum • Default threshold: 10% up from previous close • Confirms demand is already present 3️⃣ NEWS CATALYST (Manual Check ⚠️) • Breaking news justifies the price movement • Look for: earnings, FDA approvals, partnerships, contracts • 🔥 icon flags stocks with ≥15% momentum (likely news-driven) 4️⃣ PRICE RANGE $1-$20 (Automated ✅) • Sweet spot for retail trader momentum • Highly volatile small-cap stocks • Accessible price range for position building 5️⃣ FLOAT <10 MILLION SHARES (Automated ✅) • Low float creates supply/demand imbalances • Enables explosive 50-100%+ intraday moves • Automatically checked when data available • Shows actual float with ✅/❌ indicator 🚀 KEY FEATURES ✅ GREEN BACKGROUND HIGHLIGHT • Visual alert when ALL automated criteria are met • Instantly identify potential setups while scanning watchlist 📋 DETAILED BREAKDOWN TABLE • Shows pass/fail status for each pillar • Displays actual values (RVol, %, Float, etc.) • Color-coded for quick interpretation 🔥 STRONG MOMENTUM INDICATOR • Highlights stocks ≥15% (likely have news catalyst) • Helps prioritize which stocks to research first 🔔 BUILT-IN ALERTS • "Ross Cameron Criteria Met" - All automated criteria pass • "Strong Momentum Alert" - Stock showing explosive movement ⚙️ FULLY CUSTOMIZABLE • Adjust all thresholds to your trading style • Configurable table position and display • Toggle volume spike filter on/off 💡 HOW TO USE BEST WORKFLOW: 1. Build a watchlist of small-cap stocks using TradingView's Stock Screener 2. Add this indicator to your charts 3. Flip through your watchlist - look for GREEN BACKGROUNDS 4. Check the table for detailed breakdown of each pillar 5. VERIFY NEWS CATALYST (required for Pillar 3) 6. If float shows N/A, verify manually on Finviz 7. Execute your trading plan with proper risk management OPTIMAL TIMING: • Pre-Market (8:00-9:30 AM ET) - Identify gap-up candidates • Morning Session (9:30 AM-12:00 PM ET) - Prime momentum window • Avoid lunch hour (12:00-2:00 PM ET) - Low volume, choppy ALERT SETUP: 1. Click "Create Alert" on your chart 2. Select "Ross Cameron Criteria Met" condition 3. Get notified when new setups appear real-time ⚙️ CUSTOMIZABLE SETTINGS PILLAR 1 - RELATIVE VOLUME: • Min RVol: 5.0x (Ross's minimum, increase for more selective) • RVol Period: 30 days (industry standard) PILLAR 2 - MOMENTUM: • Min Daily %: 10% (increase to 15% for stronger setups) PILLAR 3 - CATALYST: • Strong Momentum %: 15% (threshold for 🔥 indicator) PILLAR 4 - PRICE RANGE: • Min Price: $1.00 (adjust based on account size) • Max Price: $20.00 (Ross's sweet spot) PILLAR 5 - FLOAT: • Max Float: 10M shares (ultra-aggressive traders use 5M) ADDITIONAL FILTERS: • Volume Spike: 2x (Warrior Trading standard) • Confirms intraday momentum continuation 📈 INTERPRETATION GUIDE ✅ GREEN BACKGROUND = GO! • All automated criteria are met • Check news catalyst before trading • Verify setup on chart (not overextended) • Follow your risk management plan ❌ NO GREEN BACKGROUND = WAIT • At least one criterion failed • Check table to see which pillar(s) failed • May become valid later if momentum increases 🔥 FLAME ICON = HIGH PRIORITY • Stock showing very strong momentum (≥15%) • Likely has significant news catalyst • Research news IMMEDIATELY • Often the best setups of the day ⚠️ N/A FOR FLOAT = MANUAL CHECK • TradingView doesn't have float data for this symbol • Verify on Finviz.com or similar • If float >10M, setup is invalid per Ross's criteria 📚 RECOMMENDED STRATEGIES GAP AND GO: • Stock gaps up 10%+ on news • Enters above gap high with volume • Targets: 20-50% gains VWAP BOUNCE: • Pullback to VWAP support • Enters on bounce with volume confirmation • Tight stop below VWAP HIGH OF DAY BREAKOUT: • New HOD with volume surge • Momentum continuation play • Trail stop as it runs ABCD PATTERN: • Classic reversal pattern • Enters on D-point breakout • Target: A-B distance from C ⚠️ RISK WARNINGS • DAY TRADING IS HIGHLY RISKY - Most day traders lose money • This indicator finds setups - YOUR EXECUTION determines success • Always use proper risk management (1-2% risk per trade) • Never trade without stop losses • Paper trade extensively before using real money • Past performance does not guarantee future results 🔧 TECHNICAL DETAILS • Pine Script v6 • Works on any timeframe (calculates daily metrics automatically) • Compatible with TradingView Free, Pro, Premium • No repainting - all calculations based on confirmed data • Efficient code - minimal lag 📊 DATA SOURCES • Relative Volume: Calculated from 30-day volume average • Daily %: Previous day's close vs current price • Float: TradingView's shares_outstanding_float data • Volume Spike: 20-period volume moving average 🎯 WHO THIS IS FOR IDEAL FOR: ✅ Day traders focused on momentum strategies ✅ Traders who follow Ross Cameron/Warrior Trading methodology ✅ Small-cap stock traders ($1-$20 range) ✅ Scalpers and swing traders seeking high-volatility setups NOT IDEAL FOR: ❌ Long-term investors ❌ Large-cap stock traders ❌ Options-only traders ❌ Traders who don't monitor news catalysts 💬 USAGE TIPS 1. COMBINE WITH OTHER TOOLS • Use alongside your charting/technical analysis • Verify pattern setups (bull flags, ABCD, etc.) • Check Level 2 / Time & Sales for confirmation 2. MAINTAIN A WATCHLIST • Update daily with fresh small-cap movers • Use Finviz Gap Scanner as starting point • Focus on sectors with momentum 3. RISK MANAGEMENT IS KEY • Never risk more than 1-2% per trade • Use 2:1 minimum profit/loss ratio • Cut losses quickly, let winners run • Position size based on volatility (ATR) 4. TRACK YOUR RESULTS • Keep a trading journal • Note which setups work best for you • Refine criteria based on your data • Continuous improvement mindset 📝 DISCLAIMER This indicator is for EDUCATIONAL PURPOSES ONLY. It is not investment advice, a recommendation to buy/sell securities, or a guarantee of profits. Trading involves substantial risk of loss. Always: • Conduct your own research and due diligence • Consult with a licensed financial advisor • Never risk money you cannot afford to lose • Understand that most day traders lose money • Practice in a simulator before trading real money The creator of this indicator is not affiliated with Ross Cameron or Warrior Trading. This is an independent implementation of publicly available trading methodology. 📈 SUPPORT & FEEDBACK If you find this indicator helpful, please: • Give it a thumbs up 👍 • Leave a comment with your experience • Share with other momentum traders • Follow for updates and new indicators For questions or suggestions, leave a comment below! --- 🏆 HAPPY TRADING! Remember: The indicator finds opportunities, but YOUR discipline, risk management, and execution determine your success. #DayTrading #Momentum #RossCameron #WarriorTrading #SmallCaps #GapAndGo #Scalping #StockScreener
Pine Script® indicator
by DayTradingMD1992
3