Cyatophilum Scalper [ALERTSETUP]This indicator comes with a backtest and alert version. This is the alert version. Its purpose is to create low timeframe and scalping strategies, by choosing from a list of built-in entry points which are described in detail below, and by configuring a risk management system to your liking.
Before diving into the entry points, I will explain the strategy and risk management settings.
These 3 settings allow to choose your strategy direction, and main behavior.
- Go Long ↗: activate or deactivate long entry points.
- Go Short ↘: activate or deactivate short entry points.
- Reversal strategy ↗↘↗↘: Activate this option will allow trades to reverse position from an opposite entry point. Keep it deactivated and trades will either wait a TakeProfit(TP) or StopLoss(SL) to be closed. When neither SL nor TP or set, this option is automatically activated.
StopLoss settings:
Both Long and Short SL can be activated and configured.
The base % price is the starting point of the stoploss, in a percentage of current price.
Trailing stop, when activated, works with 2 settings:
- % Price to Trigger: a percentage of current price the price should move in a bar to trigger a trailing movement.
- % Price Movement: the stoploss variation in a percentage of current price that moves on each bar.
TakeProfit settings:
Both Long and Short TP can be activated and configured.
The base % price is the value of the TP, in a percentage of current price.
Trailing Profit Deviation %: Percent deviation for the trailing take profit.
DCA:
DCA stands for Dollar Cost Average. The idea is to open additional orders from the base order so as to improve risk management.
These additional orders are also called Safety Orders. The indicator can handle up to 9 safety orders.
The strategy will exit either from a take profit based on percentage from base order or from a total volume percentage (Configurable in the parameters).
The steps spacing (space between each step) and safety orders volume (order size) can both scale by adding a scale multiplier.
By choosing from the base strategy dropdown menu, the indicator will generate entry points.
1. BUY SELL:
-> Low timeframes spot trading, with simple buy and sell orders.
How it works:
The indicator used is a combination of QQE (Atr based trend following indicator) and RMA 100 trendline.
I think the QQE does a great job in low timeframes because it is not impacted by the noise.
The RMA which is the moving average used in the RSI, will help giving confirmation to the entry points.
How to use:
It is meant to be used as a reversal strategy, but you can add a TP or SL if you want.
When comparing to Buy & Hold, make sure to deactivate the "Short results in the backtest" setting.
2. TREND SCALPING
-> A strategy for low timeframes trading.
How it works:
The strategy creates high volatility entries filtered by a duo convergence of adaptive trendlines (Adaptive HULL MA using the chart's resolution, Adaptive Tilson T3 using 1H resolution) and a higher timeframe (1H) RSI filter (long threshold: 70, short threshold: 40, RSI length: 10).
How to use:
Must be used on charts with a resolution smaller than 1H. Recommended: from 1m to 30m.
Must NOT be used as reversal strategy. Use it with a take profit and stop loss, and DCA if you can.
Sample risk management settings:
3. Support/Resistance BREAKOUTS
-> Trade low timeframes pivot points breakouts.
How it works:
The indicator calculates the 100 previous bars swing high and low. Any break above high or below low will trigger an entry point.
The entry is however filtered by an Adaptive Tilson T3 Trendline, an ADX 30 minimum threshold and a minimum average volume threshold.
How to use:
I recommend to click "Reversal" Strategy and set a Takeprofit target.
Find the best timeframe between 1m and 30m using the backtest version.
Example here with BTCUSDTPERP on 15m:
4. AGGRESSIVE SCALPING
-> Lots of trades in low timeframes.
How it works:
Created using Cyato AI, Higher/Lower Highs and Lows and 2 HULLMA crosses as entries, and 2 Adaptive Tilson T3 as trendfilter, a 25 ADX threshold filter and a volume filter.
How to use:
Recommended Risk Management settings: Takeprofit, Stoploss and DCA (Safety orders).
Find which timeframe work the best from 30 min and below. Should not be used above 30 min since this is the resolution for the MTF Tilson.
How to create Alerts:
Click Add alert, then select the indicator, and choose the alert for your order.
Most used alerts are "LONG ENTRY", "SHORT ENTRY" and "ALL EXITS".
You will find a description of each alert in the default alert message.
To gain access to this paid indicator, please use the link below.
Takeprofit
[astropark] DMI/ADX strategy [alarms]Dear Followers,
today I'm happy to share with you my DMI / ADX Strategy .
It provides directional trend information, so if a bullish or a bearish trend is going to start. Statistically it works better on lower timeframes (from 5 minutes to 1 hour).
It is both a Swing and Scalping Strategy indicator , based on a simple trend following theory , good for trading FOREX, Indexes, Stocks, Commodities and Cryptocurrencies.
To help in Taking Profits, the strategy integrates 2 special other than bull/bear signals:
Overbought and Oversold RSI Signals , which appear both as darker background (the darker the color, the more the price is in overbought/oversold) and green "ob"-"tp" / red "os"-"tp" labels (they optionally pop up only on a configurable stronger overbought/oversold condition) (you can enable/disable it optionally)
Peak Profit Tracker , which resets every time a new trade starts and keeps track of price fluctuation during the trade: the message is don't be too greedy and take profits or lock them with a stoploss in profit (you can enable/disable it optionally)
You can edit many options in order to
have more/less bull/bear signals
enable/disable showing bull/bear signals
enable/disable showing RSI TP signals (you can edit RSI length, overbought (OB) and oversold (OS) levels)
enable/disable showing peak profits on each trade
The user who wants to use this strategy, especially via an automated bot, must always set a stoploss (example 150$ from entry on bitcoin ) or use a proper risk management strategy .
This is not the "Holy Grail", so use it with caution. It's highly suggested to use a proper money management .
This script will let you set all notifications you may need in order to be alerted on each triggered signals.
You can find the strategy version for backtesting here below:
Here there are some examples how this DMI / ADX strategy works on many markets:
LTC/USDT 15m
BTC/USD 15m
BNB/BTC 15m
ETH/USD 15m
GOLD (XAU/USD) 15m
GOLD (XAU/USD) 1h
FB 15m
AAPL 15m
TSLA 1h
BANKNIFTY Index 5m
NIFTY 50 Index 5m
This is a premium indicator , so send me a private message in order to get access to this script .
[astropark] Altwalker V2Dear Followers,
today I'm happy to share with you Altwalker V2 , an updated version of the former Altwalker for lower timeframes (from 5 minutes to 4 hours).
It is both a Swing and Scalping Strategy indicator , based on a simple trend following theory , mainly designed for Cryptocurrencies, Altcoins and of course Bitcoin.
Here you can see the Altwalker V1:
Based on Moving Average, Altwalker V2 on low timeframes dynamically identifies market resistance and support, so in which trend a cryptocurrency is during time:
green trendline and background means bullish trend , in fact it start with a "buy" signal
red trendline and background means bearish trend , in fact it start with a "sell" signal
if a series of buy and sell appears (this may happen especially in lower timeframes), this means price is in consolidation or distribution phase, so be prepared for a new trending phase coming soon, always remembering that taking profits is awesome and managing your risk by defining you position size and having a stoploss is a must in trading
To help in Taking Profits, Altwalker integrates also 2 special tools besides the trend highlighter:
Overbought and Oversold RSI Signals , which appear both as darker background (the darker the color, the more the price is in overbought/oversold) and green "ob"-"tp" / red "os"-"tp" labels (they optionally pop up only on a configurable stronger overbought/oversold condition) (you can enable/disable it optionally)
Peak Profit Tracker , which resets every time a new trade start and keeps track of price fluctuation during the trade: the message is don't be too much greedy and take profits or lock them with a stoploss in profit (you can enable/disable it optionally)
You can edit many options in order to
enable/disable showing buy/sell signals
enable/disable showing trendline
edit trendline variant (you have 2 options, by default variant 1 is selected)
enable/disable showing trend as background
enable/disable showing RSI TP signals
edit RSI length, overbought (OB) and oversold (OS) levels
enable/disable showing peak profits on each trade
The user who wants to use this strategy, especially via an automated bot, must always set a stoploss (example 150$ from entry on bitcoin ) or use a proper risk management strategy .
This is not the "Holy Grail", so use it with caution. It's highly suggested to use a proper money management .
This script will let you set all notifications you may need in order to be alerted on each triggered signals.
Here there are some examples how Altwalker V2 works on many timeframes and markets:
LINK/USDT 1h
XLM/BTC 1h
ETH/BTC 1h
ETH/USDT 1h
COMP/USDT 1h
YFI/USDT 15m
NEO/BTC 5m
VET/USDT 15m
This is a premium indicator , so send me a private message in order to get access to this script .
[NLX-L3] Alerts- Introduction: Alert Module -
This alert module is part of my powerful and flexible modular trading framework.
It can be used with any indicator that has a signal plot output (1 = long / -1 = short)
This trading framework is the result of many years experience building indicators and trading strategies.
I couldn’t find a trading framework in Pine Script that would suit my needs and so I started to design my own from scratch. I’m trading with this framework myself so I’ve made sure that it’s flexible and absolutely reliable in a live-trading environment.
- Architecture -
What makes this framework so flexible is the modular architecture, different layers that all serve a very specific purpose.
You will notice that the module names include either L1 - L2 - L3:
- Layer 1 (L1) is the base layer and the foundation. L1 indicators are used to determine the trend, volume profile and filter noise. You would use L1 to see if it’s a good time to trade, what is the direction - or if it's better to trade at all in unfavourable conditions
- Layer 2 (L2) receives the result of L1 and if the market conditions are good the L2 indicator looks for an optimal entry point to go long or short. It is possible to combine several L2 indicators and trigger a long/short signal only if all L2 indicators agree.
- Layer 3 (L3) receives the final signal from L2 and it’s where we can now backtest the result of our trading strategy and trigger trade alerts with help of the alert module.
- Features -
External Input Source (any indicator with signal plot can be used)
Safe Entries Option: Enter a trade only if the position is profitable ad the momentum allows
Pyramid Entries
Partial Take-Profit: %-Step Interval and Quantity per Step
Stop Methods: Trailing Stop, TP/SL with ATR Option, several type of stop bands...
Profit/Loss Label with Fee, Slippage and Leverage Calculation
- Additional Modules -
L3 - Backtest Module
L2 - Noise Filter
L2 - QQE++
L1 - Trend Index
Trend Matrix (Coming soon)
Dynamic Range Breakout (Coming soon)
Breakouts & Pullbacks
- Request Access -
Contact me - see my signature below
Experimental Entry Interface (Buy Arrows with TP & SL)This script provides high probability entry points and includes Take Profit and Stop Loss targets.
It attempts to predict when the market conditions are set to move up, and prints long positions.
In addition to Long Entry Arrows, it will print Take Profit / Stop Loss targets.
This indicator is highly adjustable. Hence the name 'Experimental' in the title. Experiment with it to find the results you want.
Designed for use on the 1H timeframe in Forex, but could possibly be useful elsewhere. Do your own testing.
This indicator can repaint. It is best used with alerts set for once per bar close, so that your alerts do not repaint and your trades are solid.
Not ever signal is a winner. Backtest thoroughly. Adjust accordingly.
Arrows
Four sets of colored arrows are included.
💵 💶 Green and Blue Entry Arrows are formed when the market is in an uptrend, and has a momentary pullback.
💴 💷 Yellow and Purple Entry Arrows are formed when the market is just starting to recover from being severely oversold.
Backtest Mode
Turn on Backtest Mode to easily see if an entry ended up as a winner or loser. A Take Profit and Stop Loss line will be drawn to show results.
Take Profit & Stop Loss Targets
You have two options for this.
Price will show you where your TP/SL exits should be placed. These values will show up under the arrow, based on your Risk/Reward ratio.
Pips are much more simple, and will only show you the market entry point and how many pips up/down to place your SL/TP. Warning: This is fixed at a 1:1 RRR .
Risk/Reward Adjustment
Each entry arrow color allows custom risk/reward ratio adjustment.
Dollar Amounts Displayed
Change your account value and leverage to see how much you would have won on each trade.
How to trade with it?
(Forex, 1H) Open the settings, and turn on all the arrow entries. Turn on Backtest mode to see how past trades would have played out. Turn on TakeProfit/StopLoss Targets to see where to set your targets, for each arrow. Set an alert to notify you once per candle close when there is an Entry. Trade happy!
Bill Williams Alligators are also included, if you want. Not necessary though. Some of the calculations depend on them for trend direction analysis.
Buy/Sell/TP/SL/TSL Alerts ModuleThis tool is not a self-sufficient indicator, just an attachable module that allows you to enhance a specific indicator with risk management components without having a headache.
What you need to do, and actually this is the most important step, is to rewrite your indicator to a buy-sell signal form which will output only -1, 0, 1 values and then connect it to the module.
After that the module gives you a lot of possibilities to customize Take Profit, Stop Loss and Trailing Stop Loss levels through the settings window and to set all the alerts you need up.
Simple Buy/Sell setup for the RSI:
Now I am adding Stop Loss:
and Take Profit:
and finally Trailing Stop Loss:
Okay, I have shown how it works with RSI signals. Here is example for the MACD:
and example for the WaveTrend Oscillator:
If you have any questions don't hesitate to ask and contact me either via private messages on TradingView or via Telegram
Triple ATR multiplier - 3 ATR Values in OneHere you can choose to plot 3 different ATR values in 1 window. I use this indicator to get the values of my stop loss and take profits.
You can change the multiplier value for each ATR Line and the length of the base ATR.
Ty
[astropark] ALGO Trading V2.2 - ETH [alarms]Dear Followers,
today another awesome Swing and Scalping Trading Strategy indicator : the upgraded version of ALGO Trading V2 for Binance Ethereum PERP on 15m timeframe!
It is runnable on a bot , just write me in order to help you do it.
If you are a scalper or you are a swing trader, you will love suggested entries for fast and long-lasting profit.
Keep in mind that a proper trailing stop strategy and risk management and money management strategies are very important (DM me if you need any clarification on these points).
This is an upgrade version of ALGO Trading V2 for Ethereum.
You can find ALGO Trading V2 indicator here below:
If you are interested in Bitcoin Trading, you will like for sure ALGO Trading V1.2, which is a customized version for Bitcoin trading:
This strategy has the following options:
enable/disable signals on chart
enable/disable bars and background coloring based on trend
enable/disable a Filter Noise option, which reduces overtrading
enable/disable a Trailing Stop option
enable/disable/config a Take Profit option, with Re-Entry
enable/disable a secret Smart Close Option which may improve profit on your chart (again, check it on you chart if it helps or not)
This strategy only trigger 1 buy (where to start a long trade) or 1 sell (for short trade). If you enable Take Profit / Stop Loss option, consider that many TP can be triggered before trend reversal, so take partial profit on every TP an eventually buy/sell back lower/higher on RE-ENTRY signal to maximize your profit.
This script will let you set all notifications you may need in order to be alerted on each triggered signals.
The one for backtesting purpose can be found by searching for the astropark's "ALGO Trading V2.2" and then choosing the indicator with "strategy" suffix in the name, or you can find here below:
This is not the "Holy Grail", so use proper money and risk management strategies.
This is a premium indicator , so send me a private message in order to get access to this script.
MACD VWAP IndicatorThis indicator uses a combination of the VWAP, EMA 9 and parts of the MACD in order to detect a bullish or bearish trend.
How to trade it:
Set SL either below or above the VWAP line (orange) and TP to 1:1.5 ratio (depending on last few candles, of course).
If EMA200 is close by then place SL either below or above EMA200 (blue) and TP to 1:1.5 ratio
Important:
Best traded in 15M, 30M => Intraday.
Have fun! :)
[astropark] ALGO Trading V1.2 [alarms]Dear Followers,
today another awesome Swing and Scalping Trading Strategy indicator : the upgraded version of ALGO Trading V1 for Binance Bitcoin PERP on 15m timeframe!
It is runnable on a bot , just write me in order to help you do it.
If you are a scalper or you are a swing trader, you will love suggested entries for fast and long-lasting profit.
Keep in mind that a proper trailing stop strategy and risk management and money management strategies are very important (DM me if you need any clarification on these points).
This strategy has the following options:
enable/disable signals on chart
enable/disable bars and background coloring based on trend
enable/disable a Filter Noise option, which reduces overtrading
enable/disable a Trailing Stop option
enable/disable/config a Take Profit option, with Re-Entry
enable/disable a secret Smart Close Option which may improve profit on your chart (again, check it on you chart if it helps or not)
This strategy only trigger 1 buy (where to start a long trade) or 1 sell (for short trade). If you enable Take Profit / Stop Loss option, consider that many TP can be triggered before trend reversal, so take partial profit on every TP an eventually buy/sell back lower/higher on RE-ENTRY signal to maximize your profit.
This is not the "Holy Grail", so use proper money and risk management strategies.
This indicator will let you set all alerts you need in order to get notified whenever a new signal is triggered.
To check its backtesting, you should use the strategy version, that you can find by searching for "ALGO Trading V1.2" or here below:
You can check out previous ALGO Trading V1 indicator here below:
This is a premium indicator , so send me a private message in order to get access to this script.
ATR Take Profit bandsSimple ATR-scaled levels or bands of suggested price to take profit on directional trades.
Entrate, take profit e stop loss, target 1
Questo script vuole essere un aiuto nell'impostare le operazioni a mercato giorno per giorno.
A seconda della posizione che si vuole scegliere (long o short) guardando il grafico si può essere aiutati dall'indicatore Entrare.
Le linee trasparenti verdi e arancioni sono entrate:
long: la mia entrata a mercato sarà al prezzo della riga arancione trasparente, il mio stop loss alla riga rossa, il mio tp 1 alla riga bianca superiore e il tp 2 alla riga verde.
short: la mia entrata a mercato sarà al prezzo della riga verde trasparente, il mio stop loss alla riga verde, il mio tp 1 alla riga bianca inferiore e il tp 2 alla riga rossa.
Questa semplice strategia è basata su altri due script di mia creazione che trovate a questi indirizzi:
This script is made for help people with their entry day per dar.
Depending on the position yuo decided (long or short) and whatcing the chart you can be helped by this script "Entrate".
Transparent Green and Orange line are entry points:
long: the entry point will be the transparent orange line, stop loss at red line, tp1 at upper white line and tp 2 at green line.
short: the entry point will be the transparent green line, stop loss at green line, tp1 at lower white line and tp2 at red line.
This simple strategy is based on other 2 script made by me, and you can find at these links:
Buona fortuna e Good Luck!
Market Sniper - Trading/Scalping SuiteWelcome to Market Sniper.
Market sniper is meant to be a suite for trading/scalping alongside my indicators script, RSI, Stochastic and Horizontals.
It is based on over 15 Indicators/Oscillators so there is no need for convoluted charts and constantly changing charts/indicators for a better understanding of the market.
Warnings:
I can't stress this enough! This isn't a magic pill that will transform your illiterate grandmother into an expert trader! This is a very powerful tool whose function is to complement your trading/save time (and yes, with practice be your main trading tool).
This algorithm requires setting up and training to be used correctly, please do not expect to load it up and immediately be scalping the 1s charts.
This algorithm is heavy and might require constant refreshes of the browser on slower computers.
Labels overlap at the moment, working on this part at the moment. So, always zoom in before doing a trade / change the "+- signals in settings"
Candlestick patterns need tweaking, I personally have it off and use my own judgement atm.
What it includes:
Trend reversal / continuation (Macd, Stochastics, money flow , CCI , momentum, DIOSC (automatic trendlines ), SuperTrend, Moving averages, etc, etc.)
RSI divergence drive / drive counter (base code from Libertus, check his profile as he has very helpful scripts)
Bull Market expansions for longterm take profit and increasing position
Candlestick patterns
Trend reversal / Continuation
Green = Bullish reversal
Red = Bearish trend reversal
Orange = Trend continuation / strengthening
Trend Continuation/Strengthening
A warning here, trend strengthening also means that many times the indicators are overextended or close to it
------
The numbers reflect the amount of indicators that are signaling a reversal over the specified period on the settings.
For higher timeframes this setting should be on a lower value and the opposite for lower timeframes.
This works on every market and every timeframe(according to months of my own paper and real trading). Remember that each market/asset/commodity has different soft spots so tweaking, backtesting and present accuracy review should be of maximum priority.
Bull Market expansion phase
Warning:
The indicator purposely does not show any signals during bear markets. It is my opinion bear markets complexity render this tool close to useless.
It was designed to be used in higher timeframes, tough it SEEMS to have a good track record / be useful in lower timeframes.
it will ALWAYS give a fake signal at the end of a bull market because of the very nature of the code.
It is based of EMAs, RSI and Stochastic
Candlestick Patterns
Bullish candlestick patterns:
Hammer
Inverted Hammer
Dragonfly
Gravestone
Bearish candlestick pattern:
Shooting Star
Hanging Man
Gravestone
Dragonfly
RSI divergence drive
- Credit to Libertus for the base code of this section
The green triangle means there are at least 2 drives of valid divergence, yellow for 3 and red for 4+.
The script shows triangles when confirmation candle closes.
You need to know how divergence works to use this section. investopedia can easily get you there.
For cryptos I use 2-4h+ timeframes, for traditional markets I use 15min+ for forex I use it basically in every timeframe.
For questions/suggestions and access PM me in the platform itself and don't forget -> FEEDBACK IS IMPORTANT
Thank you all
auto take_profit levelAutomatic indicator of take profit levels for any time frame.
It can be used as a visualization of resistance levels, when the lines are located next to each other, the price goes to the side where the levels are located more freely.
If you have an indicator with signals, you can set take profit by levels.
[Daveatt] BEST Trade Manager Pivots 1.0Hello BEST traders
The BEST Trade Manager got upgraded with many more features
This version allows setting automatically the TP levels on either Fibonacci/Traditional/Camarilla/Woodie pivots
I. 💎 SCRIPTS ACCESS 💎
1. Available only with one-time payment on my website.
2. My website URL is in this script signature at the very bottom (you'll have to scroll down a bit and going past the long description) and in my profile status available here: Daveatt
3. Many video tutorials explaining clearly how all our indicators work are available on your website > guides section.
4. You may also contact me directly for more information
II. 🔎 What is the BEST Trade Manager?🔎
2.1 Concept
The BEST Trade Manager is compatible with any indicator.
Once connected, it adds another layer of good stuff with real-time user custom defined stop loss (8 available options), take profits (4 possible options) + alerts compatible for trading automation.
2.2 How hard is it to update your indicator?
We'll send to our customers, a comprehensive and easy tutorial, to make any indicator compatible.
I guarantee you, it should take no more than 2 minutes per indicator. We made it easy, fun, and awesome. #bolder #statement
III. The amazing benefits of our Plug&Play system
I hope you're ready to be impressed. Because, what I'm about to introduce, is my best-seller feature - and available across many of my indicators.
The BEST Trade manager can be connected to any external indicator
Let's assume you want to connect your RSI divergence to your Trade Manager.
I mentioned an RSI divergence but you may connect any oscillator ( MACD, On balance volume, stochastic RSI, True Strenght index, and many more..) or non-oscillator (divergence, trendline break, higher highs/lower lows, candlesticks pattern, price action, harmonic patterns, ...) indicators.
THE SKY IS (or more likely your imagination) is the limit :)
We go in-depth on our website why the Plug&Play is an untapped opportunity for many traders out there - URL available on my profile status and signature
IV. 🧰 Features 🧰
Candles can be colored to highlight the trend direction better [/b [
4.1 Stop-Loss Management
For what's following, let's assume that 2 is the stop-loss value you inserted in the indicator, and the Algorithm Builder gives a BUY signal.
This is NOT a recommendation at all, only an example to explain how this feature works.
- %Trailing: The Stop-Loss starts 2% away from the entry price - and will move up (because we're on a BUY trade as per our example) every time your trade will gain 2% profit
- Pips Trailing: Same as above but using a distance in pips/USD value
- Percentage: The Stop-Loss stays static 2% away from the entry price. There is no trailing here
- TP Trailing: Trail your stop-loss every time a Take Profit level is hit
- Supertrend: embedded supertrend use as a trailing stop
- Fixed: Set the Stop-Loss at a fixed position (value should be in currency/units)
- ATR multiple: Set the Stop-loss at a multiple of ATR
- External connector: Let's say your indicator already contains embedded stop-loss levels, you can add them in the Trade Manager
4.2 Take Profits Management
You can manage up to 3 take profit levels defined as a percentage or price value or ATR multiple.
The expected input is in percentage value (for instance, setting the % target of TP1 to 2% will set the TP1 level 2% away from the entry price
This version allows setting automatically the TP levels on either Fibonacci/Traditional/Camarilla/Woodie pivots
4.3 Built-in Risk-to-Reward Panel with real-time analytics
The good stuff doesn't stop here.
You'll notice that this sometimes green (when in a LONG), sometimes red (when in a SHORT) panel at the right of your chart.
- Entry Price: the price when the Algorithm Builder will give a signal.
- The Trade PnL in percentage.
- Entry Stop Loss: Distance (in currency/units) between the selected stop-loss algorithm (percent, trailing, TP trailing, etc.) and the entry price.
- Entry TP1/TP2/TP3: Distance (in currency/units) between the entry price and the first take profit
- Risk/Reward TP1/TP2/TP3: Using the Stop-loss distance at entry, and Take Profit 1/2/3 at the entry to compute the risk-to-reward ratio.
- Max drawdown and Max opportunity (value and percentage): respectively the maximum loss and maximum win per trade
For more details, please check the guides section of my website. Links are in my signature and profile status.
V. 🔔 Alerts 🔔
We enabled the alerts on the:
1. Stop-Loss hit
2. Take Profit 1/2/3 hit
3. custom hard exits based on either MACD / RSI divergence/ MM cross
5.1 🤖 Compatible with trading bots? 🤖
It's compatible with all third-parties out there capturing alerts and forwarding them to the brokers.
We enabled TradingConnector and ProfitView alert templates so far.
If you have any doubts or questions, please hit me up directly or ask in the comments section of this script.
BEST regards,
Dave
ST0PST0P is a kind of a TRAILING STOP LOSS INDICATOR in which users can set up LONG or SHORT trade versions and also can set up a STOP LOSS level by percent % or unit difference.
It tries to solve the problem of stop loss indicators' default BUY or SELL settings and non adjustable stop levels of % and difference change in price levels.
(Will try to make updates to add user defined start bars.)
Kıvanç Özbilgiç
Bollinger Bands Deviation - yo_adriiiiaanBollinger Band Deviations
In theory price trades within 2 standard deviations 95% of the time. This is an attempt to capture that 5% that deviates from the bands.
Useful for taking profit or signaling a reversal.
ATR based Stop and Take-Profit levels in realtime Little tool to quickly identify stops and take-profit levels based on Average True Range. User can change ATR multipiers, as well as the ATR length used. Green and red lines show these levels; plot is visible over last 8 bars only to reduce clutter. Label showing the current ATR, up above the last bar
ATR SL/TP Calculator
Hello traders!
With this script you will able to calculate easier SL and TP using the ATR Value according with your strategy.
Script plots two circles below and above the candle that is calculated using H/L of the candle +/- ATR Value.
You can also modify the ATR Period and other plotting options clicking on the settings icon.
Ciao Traders, in questi ultimi giorni non ho pubblicato analisi ma spero che gradirete questo script che vi faciliterà di molto il lavoro quando applicherete strategie basate sull'ATR per il calcolo degli stop o dei profit.
Grazie a questo script riuscirete a calcolare più facilmente lo SL ed il TP utilizzando il valore dell'ATR applicato al Massimo o al Minimo di quella candela.
Lo script visualizzerà due cerchi, uno sopra e uno sotto la candela che rappresentano il Massimo/Minimo più/meno il valore dell'ATR.
Potrete modificare il periodo dell'ATR e lo stile semplicemente cliccando sull'icona delle Impostazioni.
Make Profit Club Main ScalpThe main scalping indicator.
We use this indicator to trade for a short time in a TF of 5-15 minutes.
We have created takeprofit zones for you so that you can understand where we can get to and take your profit. these points are mostly very helpful.
There are basic settings that allow you to adjust the indicator individually for each situation; because of this, this indicator can be used for any exchange and any currency pair.
For Scalp trading, we use 3 different strategies available to our clients. If you enter them correctly, you can never see the minus sign.
Use the link below to obtain access to this indicator.
Expansion Top/Bottom (Expo) Expansion Top/Bottom (Expo)
DESCRIPTION
Expansion Top/Bottom (Expo) indicator is a powerful oscillator that visualizes temporary Top/Bottom as well as trend shifts. When the market moves boldly a histogram will be formed in the indicator which indicates that the movement might be at its end. It's always a great idea to lock in some profit when we get these histograms. These ‘Lock-in’ profits points are visualized by a cross.
The professional trader has the ability to adjust the length of the calculation. A longer length means that the indicator spots broader market shifts. A short length means that the indicator spots temporary tops/bottoms.
Use the indicator in combination with other signals and analysis techniques.
HOW TO USE
1. Use the indicator to identify temporary tops/bottoms.
2. Use the indicator to identify broader tops/bottoms.
3. Use the indicator to visualize the trend.
4. Use the indicator to visualize ‘Lock-In’ profit points.
INDICATOR IN ACTION
Short length (Length = 14)
BTCUSD
EURUSD
BRENT
BRENT
BTCUSD
Long length (Length = 50)
BRENT
EURUSD
BTCUSD
The indicator works with RENKO, HEIKIN ASHI and with KAGI charts as well.
I hope you find this indicator useful, and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks!
I will continue to work on this indicator, so please share your experience and feedback with me so that I can continuously improve it. Thanks to everyone that have contacted me regarding my scripts. Your feedback is valuable for future developments!
ACCESS THE INDICATOR
• Contact me on TradingView or use the links below.
• I have started to publish private scripts which are not visible on my profile. However, if you're interested to know more about these scripts, drop me a message at my webpage and I will show you these scripts as well. The rationale behind publishing these scrips as private is that I don't want them to be indexed in search engines.
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Disclaimer
Copyright by Zeiierman.
The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My scripts/indicators/ideas are only for educational purposes!
ATR x TP & SLSimple script based on ATR to calculate your Take Profit and Stop Loss
Input variables:
ATR Period ( Default: 14 )
TP Multiplier ( Default: 1*ATR )
SL Multiplier ( Default: 1.5*ATR )
Trend analysis - Take Profit (Expo)Trend analysis - Take Profit (Expo)
DESCRIPTION
Trend analysis - Take Profit (Expo) indicator is developed to visualize ‘Lock In Profits -points' in trends. It’s a necessity for a professional trader to continuously ‘Lock In Profit’ in order to grow their balance and to reduce their risk. In fact, research shows that exits have more impact on the results than any other factor (Tharp, 2006). So when the indicator shows a ‘TP’ - point, start to lock in some of your profit and continuously do so on every TP - point and exit the trade when a circle is shown.
The indicator does also visualizes the current trend by the color of the cloud. Green color = positive trend. Red color = negative trend.
The professional trader will have the possibility to adjust the sensitivity of the TP - point as well as the length of the trend calculation.
HOW TO USE
1. Use this indicator to identify when to Lock In Profits in trends.
2. Use the indicator to identify trends.
3. Use the indicator to identify a trend shift.
INDICATOR IN ACTION
BTCUSD
BTCUSD
EURUSD
BRENT
EURGBP
The indicator works with RENKO, HEIKIN ASHI and with KAGI charts as well.
I hope you find this indicator useful, and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks!
I will continue to work on this indicator, so please share your experience and feedback with me so that I can continuously improve it. Thanks to everyone that have contacted me regarding my scripts. Your feedback is valuable for future developments!
ACCESS THE INDICATOR
• Contact me on TradingView or use the links below
-----------------
Disclaimer
Copyright by Zeiierman.
The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
My scripts/indicators/ideas are only for educational purposes!
[fikira] Harmonic Patterns (Gartley)When using "Harmonic Patterns", always look at the bigger picture, please do not depend solely on the "Pattern".
Use other indicators,... to confirm what you think is going on!
That said, it is quite useful!
Here we have "The Gartley", bullish and bearish.
The "Pattern" is created by checking 5 consecutive (pivot) points, starting with X, A, B, C, and ending with point D.
At point D all 5 points are compared, calculated and verified.
When confirmed, a "Label" will be plotted at point D, together with the "Entry", "Take Profit" and "Stop Loss" price.
The "Entry", "Take Profit" and "Stop Loss" lines will be plotted as well at point D.
Lastly, a "Drawing" automatically will be displayed which makes the "Pattern" visible.
Please do mind, the "Drawing" is calculated differently, the "Drawing" sometimes can be displayed incorrectly
when prices are too close to each other (for example low Satoshi price changes).
THE "ENTRY" , "TAKE PROFIT", "STOP LOSS" PRICES AND LINES ARE NOT AFFECTED AT ALL BY THIS, THEY WILL SHOW CORRECTLY!
- 1 "TP point" can be changed ("TP Level 0.618")
- "Labels", "Lines", "Drawings" can be disabled/enabled
- "Labels" can be made smaller or bigger ("Size Label")
- "Labels" can be placed further or closer to the bar ("Distance TP Label" > higher = closer, lower = further)
- "Lines" can be made thicker or thinner ("TP Linewidth")
- "Drawings" can be made thicker or thinner ("Drawings Linewidth")
- "Drawings" are created by comparing with 100 bars back in history (default), should it be (very rarely) a triangle is displayed flat on the left side,
possibly the first point(s) is/are further than 100 bars ago, in this case increase "Period Drawings" above 100.
- When a lot (really a lot!) of "Patterns" appear on the chart, the first ones will not be displayed anymore, first the "Drawings", then the "Lines"
The last (present) ones will always be displayed in total without a problem!
- If you want to see "Patterns" with less correct measurement, change "Error Marge" 0.9 - 1" and "Error Marge" 1 - 1.1"), this gives max. about 10% extra margin
Thank you very much!