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Trailingstop

Nick Rypock Trailing Reverse (NRTR)This indicator was invented in 2001 by Konstantin Kopyrkin. The name "Nick Rypock" is derived from his surname reading in the opposite direction: Kopyrkin -> Kopyr Kin -> Kin Kopyr -> Nik Rypok The idea of the indicator is similar to the Chandelier Exit, but doesn't involve ATR component and uses a percentage instead. A dynamic price channel is used to calculate the NRTR. The calculations involve only those prices that are included in the current trend and exclude the extremes related to the previous trend. The indicator is always at the same distance (in percent) from the extremes reached by prices (below the maximum peak for the current uptrend, above the minimum bottom for the current downtrend).
Pine Script® indicator
by everget
136
G-ATR Box V.1Hello this is my new adapt indicator "G-ATR Box V.1" It's just nearly normal ATR but I create in box color. My problem when I use ATR trailing stop my screen is not clean and when I use finonacci or trend line is hard to see. How to use Blue = Pre-buy : Waiting for another buy signal Green = Buy : Holding the stock Yellow = Weak uptrend : Waiting for Sell signal Red = Sell In this screen I compare G-ATR Box(above) with G-MACD color(below) When the stock strong uptend all of G-ATR and G-MACD is very work and When weak uptrend G-ATR is action frist but beware Bear trap too goodluck
Pine Script® indicator
by PhysioGuy
1
MACD TRADING SYSTEMThis is a conservative Trend Continuation Trading System. Uses a Hull Moving Average to determine general trend direction Uses MACD to initiate Trade entries Uses a variant of Chaikin Money Flow for volume confirmation Also uses the Average True Range (ATR) to determine take profit and stoploss. Stoploss becomes trailing when take profit target has been hit. I built it mainly for myself to use. Wanted an objective trading system to take all the emotions out of my trading.
Pine Script® strategy
by AzureKn1ght
KISS Strategy: SMA + EMA//Hello my fellow investors //I am creating a simple non-cluttered strategy that uses 3(+1) simple means to determine: viability, entry, and exit //1) Has a consistent trend been maintained for several days/weeks //2) SH SMA crossover LG SMA = Bullish entry/LG SMA crossover SH SMA = Bearish entry //3) Use the Slope factor & Weeks in Trend (WiT) to dertermine how strong of an entry signal you are comfortable with //4) Exit position based on next SMA cross and trend reversal or stop loss% //3+1) For added confidence in trend detection: Apply MACD check - buy--> MACD line above signal line and corssover below histogram \\ sell --> MACD line below signal line and crossover above histogram. //*)This code also allows you to determine your desired backtesting date compliments of alanaster The chart shown has: Starting Capital: $10,000 Investment percent per trade: 1.5% Stop Loss: 20% Take Profit: 100%
Pine Script® strategy
by MakeMoneyCoESTB2020
1
Fishing The Trend - SetupFishing The Trend - Setup HOW Does it work ? The name itself says we must have a trading setup for ease of trading for getting the most from the market. i.e. Combining the most useful indicator under one roof... Fishing The Trend - Setup have following ::- 1) IntraDay Range. 2) Four Friends. 3) Fishing The Trend. 4) Multi Time Frame - Custom VWAP. 5) RSI based SMA. 1) Intraday Range HOW Does it work ? For calculating the average most probable range for any plotted security, it plots 2 bands higher band and a lower band for a particular range using the default ADR. This indicator is on - as default. # Upper and Lower band act as support and resistance , user may see a reversal in trend from these bands # If the price breaks these bands, don't take a trade expecting a reversal # These bands are calculated by averaging the previous x number of days' highs and lows of the security. 2) Four Friends HOW Does it work ? Plotting different EMA for finding the direction of Trend / Market, There are actually 5 EMAs- F1 = 20 EMA, F2 = 50 EMA, F3 = 100EMA, F4= 150, and Trend = 200-EMA. Usually 200 EMA is used to find the trend of market whether bearish / bullish, if market is above 200 ema than we may say its bullish and below 200 ema its bearish. The 50 EMA and 100 EMA works as best pullbacks in the trending market, user can configure as per his trading style and method. This indicator can be changed to multi timeframe as required. User can plot lower time frame data onto higher time or vice-versa for finding better opportunities for early trend detection, also the user have the option to use feature of non-repainting or vice versa. The default Color MA option is un=ticked, means plotting 5 different color EMAs, If the user ticks this feature, the whole 5 EMA color will change into red or orange as per direction of closing candle, user can change color as per his / her color combination. Default plotting time is of 1 min. This second indicator is off by default - user have to tick-it to activate it 3) Fishing The Trend HOW Does it work ? The code uses dynamic current levels to identify trend, This indicator is using SuperTrend, ATR and relatively Smoothened ATR for early trend reversal detection to determine the trend and direction so that a fruitful decision can be made. To Indicate the strength of the trendline, The standard calculations of SuperTrend, along with multiple smoothen ATR results are clubbed determine the direction, a step ahead. However, the indicator is not appropriate for all the situations. It works when the market is trending. Hence it is best to use for short-term technical analysis . SuperTrend uses only the two parameters of ATR and multiplier which are not sufficient under certain conditions to predict the accurate direction of the market. Here in this indicator ATR value is not editable and after long backtests the best ATR value is kept that helps the indicator working very well. The default setting is best for use, but user can customize the Multiplier for his own fine tunings, So once the Levels are matched, a Long / Short suggestion is plotted. Best Time Frames to use : starting from 1, 3, 5, 15, 30 Mins and so on... to determine Trend. Long = L and Short = S. Where and how to use? The main use of this indicator is quick scalping and Intra-day trading. The Indicator shows the option to show Long/Short Signals which the use can be turned on or off. The indicator shows a very useful option for early detection of the ongoing trend whether there will be reversal of trend or not ? Stop Loss - That should be done by following ones risk appetite, Ideally the High of the Previous Candle should be the stop loss for the Long / Short but everyone has their own Risk Management Strategies based on the capital deployed. by default this comes on.. 4) Multi Time Frame - Custom VWAP. HOW Does it work ? VWAP = The volume weighted average price (VWAP) is a trading benchmark used by traders that gives the average price a security has traded at throughout the day, based on both volume and price. It is important because it provides traders with insight into both the trend and value of a security. This indicator is programmed for using vwap for spot indices / securities not having volume calculations but have futures, specially banknifty and nifty of Indian markets. User has option to change the plotting timeframe as per his requirements for checking the trend under vwap or over vwap. The user have to type the equivalent script symbol in the space provided to calculate the vwap of that particular security and plot on the non-volume script. Seems confusing !!!! have a look at example.. eg. - if you have chart of banknifty spot and u want to place vwap on in then just write security name in the blank field banknifty future of continuous contract running month " BANKNIFTY1! " Futures Chart... that's it and u will have futures vwap plotting on spot chart... this can give user a definite idea about the vwap line. User have option to change color of bar and change color of the vwap line which is plotted. By default this comes off.. Note = This indicator changes bar color 5) RSI based SMA HOW Does it work ? # This indicator is for user using RSI, The twist is that not only it uses RSI but also simple moving average, So this makes the user more safe as it is a combination of RSI and SMA. # Multi-colored ----> Green/Red/Yellow user can change ..moving average of choice # user can change overbought / over sold values of RSI as required. The time frame here is fixed. * There is an On/Off Option for each Indicator. Disclaimer : There could be scenarios when the candle is shown as a long or short and then the candle turns into opposite direction red/green. In such scenarios , Please refer to the just preceding candle and the early detection signal and if this candle is moving into positive direction only then go for long, Similarly opposite for Short, the value of multiplier 1.0 is determined using series of back test across various assets with different time frames. User Options : Choice of turning on / off the Long / Short Labels and early detection/StopLoss Option can also be activated or deactivated. Visual Checks - The user could manually validate the back test results on various assets they would like to use this strategy on before putting it live. Usage/Markets : Index Trading / Equities and also well with Commodities and Currencies How to get access Please click on the link / email available in the signature or send me a private message to get access. Feedback Please click on the link/email in the signature or send me a private message for suggestions/feedbacks.
Pine Script® indicator
by GrowMore_Indicators
26
SMA + Trend Strength + Trailing Stop LossThe 'SMA + Trend Strength + Trailing Stop Loss' indicator was designed for swing trading long positions over the course of days/weeks. The benefit of the indicator is to identify areas where the market of a given asset is showing signs of a strong uptrend, divergences, and fear. A 13-bar simple moving average is color coded to four colors based on 5 given conditions at a time, which are represented as a trend meter on the bottom right of the screen. A trailing stop loss indicator is included to secure your profits or limit your loss in case the market reverses on you unexpected. Please use this indicator responsibly with proper risk management, and never rely on the indicator by itself for buy and sell signals. When the simple moving average color is green, it means that at least 4 of 5 conditions are confirming a move upwards, this is when you can take an entry into a trade based on your entry strategy. As the trend continues, the color will eventually change to yellow signaling a divergence. This is when you can use your exit strategy to find a good point to sell. It is wise not to take new positions when the color is trending yellow. If the color changes from yellow to orange, that is a warning sign that the trend is about to change or has begun to change. Prices may have already fallen. However, sometimes the color will change from yellow back to green signaling a continuation of the trend. You can either keep holding or take a new position in this instance. When the color is red, this signals fear in the market, you should stay out of the market at first. However, as the market consolidates and the color starts changing back to orange, this is an opportunity to take a long position at a reasonably low price. Simple Moving Average (13-Bar) Color Explanation: The colors change based on 5 market conditions represented in the trend meter. Green: Strong Uptrend Yellow: Divergence Present Orange: Warning Red: Fear Trend Meter Explanation: The trend meter draws 5 arrows indicating bullish or bearish presence. LL = Lower Lows - Detects when the market is trending with lower lows. HH = Higher Highs - Detects when the market is trending with higher highs. MA = SMA Direction - A formula is used to determine the direction of the SMA. DI = Directional Index - Identifies when upwards momentum is trending. RSI = Relative Strength Index - Identifies when the RSI is in an uptrend state. Note: For advanced users, this indicator has a hidden DMI(4, 4, 4) and RSI(14) indicator used to determine the last two conditions. The Directional Index is based on a DI Plus momentum moving average to determine a momentum trend and the RSI trending over 50 will constitute an uptrend signal as below 50 it will point down. Trailing stop loss: The trailing stop loss is determined based on the lowest price of the last 8 bars. A gray step-line is drawn at the suggested stop activation price. A red step-line is drawn at the suggested stop limit price. When the price breaches the trailing stop, a red X will appear below the bar. You can turn each of these features on or off based on your preference. Happy trading!
Pine Script® indicator
by NoobPro1
14
Percent Drop from Highest HighBuy and hold investors may decide to use trailing stops to protect profits and capital from market crashes, especially during bull markets. The purpose of this indicator is to hep investors to identify a location to place them. The indicator plots the highest high from 'x' bars ago. It then plots a trailing stop loss 'y' percent below that line. The indicator enables its users to input different 'x' and 'y' values to observe what they think works best for them in different markets. Users might choose to pair the indicator with trend confirming indicators, such as moving average cross overs, to determine that the market is trending and not ranging. There is no magic in this indicator, only maths. Like every indicator, it has no ability to predict anything. Just because the market is doing one thing now, it might do something different later. The past does not equal the present nor the future. Make your own decisions and be responsible for them. All the best to you and your family.
Pine Script® indicator
by BigJasTrades
5
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.
Pine Script® indicator
by cyatophilum
15
Cyatophilum Scalper [BACKTEST]This indicator comes with a backtest and alert version. This is the backtest 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 Strategy Alerts: Write your alert messages for EXIT, LONG and SHORT orders in the settings (Backtest section). Then click add alert, and in the alert message, write the following: {{strategy.order.alert_message}} BACKTEST PARAMETERS - Inital capital: 10 000$ - Base order size: 0.1 contract (0.1 btc) - Safety order size: 0.1 contract (0.1 btc) - Commission: 0.1% - Slippage: 100 ticks Oldest trade: 2020-08-31 Backtest Period: From 2020-08-31 to 2020-11-12 Configuration used: see the live chart configuration panel at the top. To gain access to this paid indicator, please use the link below.
Pine Script® strategy
by cyatophilum
6
Pinescript v4 - The Holy Grail (Trailing Stop)After studying several other scripts, I believe I have found the Holy Grail! (Or perhaps I've just found a bug with Tradingview's Pinescript v4 language) Anyhow, I'm publishing this script in the hope that someone smarter than myself could shed some light on the fact that adding a trailing stop to any strategy seems to make it miraculously...no that's an understatement...incredulously, stupendously, mind-bendingly profitable. I'm talking about INSANE profit factors, higher than 200x, with drawdowns of <10%. Sounds too good to be true? Maybe it is...or you could hook it up to your LIVE broker, and pray it doesn't explode. This is an upgraded version of my original Pin Bar Strategy. Recommended Chart Settings: Asset Class: Forex Time Frame: H1 Long Entry Conditions: a) Exponential Moving Average Fan up trend b) Presence of a Bullish Pin Bar c) Pin Bar pierces the Exponential Moving Average Fan Short Entry Conditions: a) Exponential Moving Average down trend b) Presence of a Bearish Pin Bar c) Pin Bar pierces the Exponential Moving Average Fan Exit Conditions: a) Trailing stop is hit b) Moving Averages cross-back (optional) c) It's the weekend Default Robot Settings: Equity Risk (%): 3 //how much account balance to risk per trade Stop Loss (x*ATR, Float): 0.5 //stoploss = x * ATR, you can change x Stop Loss Trail Points (Pips): 1 //the magic sauce, not sure how this works Stop Loss Trail Offset (Pips): 1 //the magic sauce, not sure how this works Slow SMA (Period): 50 //slow moving average period Medium EMA (Period): 18 //medium exponential moving average period Fast EMA (Period): 6 //fast exponential moving average period ATR (Period): 14 // average true range period Cancel Entry After X Bars (Period): 3 //cancel the order after x bars not triggered, you can change x Backtest Results (2019 to 2020, H1, Default Settings): AUDUSD - 1604% profit, 239.6 profit factor, 4.9% drawdown (INSANE) NZDUSD - 1688.7% profit, 100.3 profit factor, 2.5% drawdown GBPUSD - 1168.8% profit, 98.7 profit factor, 0% drawdown USDJPY - 900.7% profit, 93.7 profit factor, 4.9% drawdown USDCAD - 819% profit, 31.7 profit factor, 8.1% drawdown EURUSD - 685.6% profit, 26.8 profit factor, 5.9% drawdown USDCHF - 1008% profit, 18.7 profit factor, 8.6% drawdown GBPJPY - 1173.4% profit, 16.1 profit factor, 7.9% drawdown EURAUD - 613.3% profit, 14.4 profit factor, 9.8% drawdown AUDJPY - 1619% profit, 11.26 profit factor, 9.1% drawdown EURJPY - 897.2% profit, 6 profit factor, 13.8% drawdown EURGBP - 608.9% profit, 5.3 profit factor, 9.8% drawdown (NOT TOO SHABBY) As you can clearly see above, this forex robot is projected by the Tradingview backtester to be INSANELY profitable for all common forex pairs. So what was the difference between this strategy and my previous strategies? Check my code and look for "trail_points" and "trail_offset"; you can even look them up in the PineScript v4 documentation. They specify a trailing stop as the exit condition, which automatically closes the trade if price reverses against you. I however suspect that the backtester is not properly calculating intra-bar price movement, and is using a simplified model. With this simplfied approach, the trailing stop code becomes some sort of "holy grail" generator, making every trade entered profitable. Risk Warning: This is a forex trading strategy that involves high risk of equity loss, and backtest performance will not equal future results. You agree to use this script at your own risk. Hint: To get more realistic results, and *maybe* overcome the intrabar simulation error, change the settings to: "Stop Loss Trail Points (pips)": 100 I am not sure if this eradicates the bug, but the entries and exits look more proper, and the profit factors are more believable.
Pine Script® strategy
by TsangYouJun
77
Heiken Ashi Pivot Breakout Trailing StopThis is a heiken ashi pivot based trailing stop for breakout entries and exits. It's possibly related to the Swing Index System by Welles Wilder or an alternative to it that I came up with, in case determining the swings on the Accumulative Swing Index is too much of a burden. It is believed that the ASI uses the calculation of heiken ashi in its formula. This does not use the ASI as a bottom indicator in the chart but instead uses the heiken ashi bars on the top of the chart to objectively find the swing pivots . These swings pivots act as support and resistance and can be used to confirm the start of a breakout or the end of one. Suppose you find a chart pattern or setup, such as divergence or a pennant in the RSI , a pattern on the ASI, and/or on the chart, or the end of an elliot wave , etc and want to confirm a strong breakout and ride it to the end. Many trailing stops won't be able to confirm the beginning or would last too long or not long enough to exit out of one. On an uptrend, when the price breaks below the last swing low pivot , it can confirm the end of the breakout. On a downtrend, when the price breaks above the last swing high pivot , it can confirm the end of the breakout. This trailing stop is not meant to replace trend following ones. The swing pivots can vary yet the price can still continue at an uptrend whereas this heiken ashi pivot based trailing stop exits as soon as it goes above or below the last resistance point. These swing points can end up being too close for trend following but can work well for breakout trading. The bigger the chart pattern or breakout, the more reliable the exit signal will be in my opinion. This is an experimental idea that I came up with from trying to interpret the ASI.
Pine Script® indicator
by SparkyFlary
2
Jackrabbit.modulus.TrailingThis is a full, true, and pure implementation of trailing buy/sell for the Jackrabbit suite and modulus framework. This module is not a standalone and relies on previous modules to send a signal data in order to function properly. This module acts on buy and sell data from within the indicator on indicator framework that TradingView supports. This module adds the ability to trail a buying position to its lowest value or if it breaks a retracement percentage (user defined). It also allows trailing a sell position with an user defined retracement. It can managing buy and selling or just buying or selling. This module does NOT allow accumulation during the trailing process. If a buy signal is received while the module is already trailing a previous position, if the price is lower then the previous position, the current position is used, otherwise it is ignored. The same holds true for selling. Once the position is bought, accumulation will resume as normal for the next position. The chart displays (for both buying and selling): The current price, its retracement value, and the original price. Note that the buy or sell does NOT actually take place until the price action crosses retracement. The Jackrabbit modulus framework is a plug in play paradigm built to operate through TradingView's indicator on indicatior (IoI) functionality. As such, this script receives a signal line from the previous script in the IoI chain, and evaluates the buy/sell signals appropriate to the current analysis. This script is by invitation only. To learn more about accessing this script, please see my signature or send me a PM. Thank you.
Pine Script® indicator
by RobertD7723
Donchian Channels Strategy - Long Term TrendFor Educational Purposes. Results can differ on different markets and can fail at any time. Profit is not guaranteed. This only works in a few markets and in certain situations. Changing the settings can give better or worse results for other markets. This is a longer term trend following strategy that uses Donchian Channels for trend following and uses the upper and lower bands to find price breakouts to enter the market and then uses the middle band as a trailing stop to exit. DCs are known as the original trend following strategy made by Richard Donchian. Usually the middle band uses the same length of the upper and lower bands in its calculation but I included the default option of using a middle band that is double the length of the other bands, but also an option to use the regular input length that most Donchian strategies use if needed. If long term trends are somehow found, this longer middle band lets the profits run longer and lets you see where the long trends were at if the market had any. The double lengthed middle band looks surprisingly very similar to a 3x ATR trailing stop, which is the recommended setting Wilder suggested for trend following. If a good ATR stop or other trailing stop can't be found, this longer middle band can act as a substitute for it. For some reason I can't seem to find anything related to Donchian strategies on here despite the popularity and simplicity of it, not even a single working one to my liking, so I made my own. It seems this strategy only works in trending markets. I intentionally handpicked a market that the backtest does well on to illustrate the potential it might have for other markets where trending following strategies might work on and what to expect the results in those might be. Trend following strategies are said to have high profits but at the same time lower accuracy due to the failure rate of being able to catch the right trend. If you all got any suggestions or feedback please let me.
Pine Script® strategy
by SparkyFlary
1
Support and Resistance-Heiken Ashi-Swing Index System-alertsThis is a breakout system that has pivot swing lines and a trailing stop built in. Many people try to use different ways to find out what a swing point is such as, zig zags, lookbacks, fractals, hand-drawn chart lines, or other subjective indicators. This looks at the heiken ashi price to objectively find the swing pivots. Many would agree that the color changes in the heiken ashi bars are signs of price reversals. This indicator tells where the significant swing points will be based on this concept. A lookback for a specific number of bars is then done to make sure the lowest low or the highest high is the actual swing point by looking at all possible combinations where it could be after finding the color change in the heiken ashi bar. After the swing points are found, the pivot lines can act as support and resistance levels, as trailing stops, as a confirmation of a breakout, or any other use that S/R lines might have. The colored zone filling is included along with the pivot top and bottom lines to show that the price has broken above/below the pivot lines and has remained above/below them. This trailing stop can be used as a final indication of an exit for trend following, breakout system, or any other system that it might benefit from by sometimes reacting before other trailing stop to give off a more reliable exit signal. It works similarly to other trailing stops such as ATR based ones and Supertrend, but instead of being used for an exit or stop, it is meant more for an entry or confirmation signal. A breakout of a price pattern or S/R levels can be confirmed when the colored red/green zone changes color. Other trailing stops or exit strategies can be combined to give off a better exit. I made this indicator so that instead of using a trailing stop line to show the direction of the breakout or trend, a colored zone is used so that it doesn't get in the way of the upper and lower lines. It can be turned off in the settings if only the support and resistance lines are needed. Other than that, this indicator doesn't need any inputs whatsoever to find out where the swing pivots points might and are found objectively using heiken ashi. I also included several alerts to signal whenever the trend direction color zone changes, when the price breaks support or resistance, or when it breaks the previous support and resistance levels.
Pine Script® indicator
by SparkyFlary
9
Support and Resistance levels - DMI - DI trailing stop linesThis can be used to compliment the Directional Movement Index if used as a standalone trading system. In addition to using the ADX and DI lines, a trailing stop can be used when the DI lines cross. If the plus line is above to show a buy signal, then the low of the price of when which the cross took place is used as a trailing stop. If the minus line is above to show a sell signal, then the high of the price of when which the cross took place is used as a trailing stop. This helps cut losses sooner whenever the price would end up going through these trailing stops or support/resistance levels yet the DMI system would show an upward or downward move.
Pine Script® indicator
by SparkyFlary
1
OHO Trend Finder and Trailing Stop LossStudies Used: We have used different type of moving averages and average true ranges in this indicator. Usage: It can be used for scalping and Intra-day trading. It works on all time frames and Scripts. It provides easy to visualize multiple information: 1) It gives the correct Entry on Time. 2) Fake trends are shown on purple color of trend line . 3) It gives proper Exit on time. or Exit as per your own Risk Reward Ratio. 4) Easy Trailing Stop Loss as per trend line . How to read OHO® Trend Finder and Trailing Stop Loss Indicator? Trend line color: Red = Sell side trailing Green = Buy side trailing Purple = No trade zone or Cautious Trade Zone How to find Sideways? If Price is above the UpTrend and it's showing a Red color, then it might be a sideways script. And vice versa If Price is below the DownTrend and it's showing a Green color, then it might be a sideways script. Recommendations: Trade is recommended to be closed when price is below UpTrend line (in case of buy side trade) or it is above DownTrend line (in case of sell side trade) What time frame should I use? 15 Minutes time-frame for Intraday and 1 Hour Time Frame for Swing Trading, But you can check different time-frames and scripts as per your requirements. Disclaimer: For any type of queries and suggesions kindly send us personal message.
Pine Script® indicator
by OhoTrading
ATR + PSAR Trailing Stop (Expo)This ATR + PSAR Trailing Stop indicator is unique. It comes with new ways of calculating ATR and PSAR to enhance performance and accuracy as well as give clarity in trends. The indicator can be used standalone or as a part of your current trading strategy. ATR + PSAR Trailing Stop (Expo) is a trailing stop indicator that combines ATR and PSAR to enhance the calculation of the trailing stop. This indicator works well in all types of markets, for example, in a trading range or in a trending market, etc. The user can choose between the following ATR Settings: Quick ATR Adaptive ATR Follow the price closely - ATR Standard ATR Trend ATR The user can enable Trend ATR which displays the overall market structure. If the Trend ATR line is above the price we have a negative market structure, and if the Trend ATR line is below the price we have a positive market structure. Real-time No repainting Works on any market and in any timeframe HOW TO USE - Use the ATR + PSAR Trailing Stop as a stop-loss. - Use the indicator for taking a position when price crosses the ATR trailing line or taking a position when price crosses the PSAR circles. - Use the indicator to identify the current market structure and trend. The indicator can be used standalone or as a part of your current trading strategy. INDICATOR IN ACTION 1-hour chart 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 continually work on this indicator, so please share your experience and feedback as it will enable me to make even better improvements. Thanks to everyone that has already contacted me regarding my scripts. Your feedback is valuable for future developments! ----------------- 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 the 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! ACCESS THE INDICATOR • Contact me on TradingView or use the links below
Pine Script® indicator
by Zeiierman
39
Profit Maximizer PMaxPMax is a brand new indicator developed by KivancOzbilgic in earlier 2020. It's a combination of two trailing stop loss indicators; One is Anıl Özekşi's MOST (Moving Stop Loss) Indicator and the other one is well known ATR based SuperTrend. Both MOST and SuperTrend Indicators are very good at trend following systems but conversely their performance is not bright in sideways market conditions like most of the other indicators. Profit Maximizer - PMax tries to solve this problem. PMax combines the powerful sides of MOST (Moving Average Trend Changer) and SuperTrend (ATR price detection) in one indicator. Backtest and optimization results of PMax are far better when compared to its ancestors MOST and SuperTrend. It reduces the number of false signals in sideways and give more reliable trade signals. PMax is easy to determine the trend and can be used in any type of markets and instruments. It does not repaint. The first parameter in the PMax indicator set by the three parameters is the period/length of ATR. The second Parameter is the Multiplier of ATR which would be useful to set the value of distance from the built in Moving Average. I personally think the most important parameter is the Moving Average Length and type. PMax will be much sensitive to trend movements if Moving Average Length is smaller. And vice versa, will be less sensitive when it is longer. As the period increases it will become less sensitive to little trends and price actions. In this way, your choice of period, will be closely related to which of the sort of trends you are interested in. We are under the effect of the uptrend in cases where the Moving Average is above PMax; conversely under the influence of a downward trend, when the Moving Average is below PMax. Built in Moving Average type defaultly set as EMA but users can choose from 8 different Moving Average types like: SMA : Simple Moving Average EMA : Exponential Movin Average WMA : Weighted Moving Average TMA : Triangular Moving Average VAR : Variable Index Dynamic Moving Average aka VIDYA WWMA : Welles Wilder's Moving Average ZLEMA : Zero Lag Exponential Moving Average TSF : True Strength Force Tip: In sideways VAR would be a good choice You can use PMax default alarms and Buy Sell signals like: 1- BUY when Moving Average crosses above PMax SELL when Moving Average crosses under PMax 2- BUY when prices jumps over PMax line. SELL when prices go under PMax line.
Pine Script® indicator
by KivancOzbilgic
93
ATR Trailing Stop Strategy by ceyhunSame coding only coloring and strategy version added //Barcolor Green = Trail1 > Trail2 and close > Trail2 and low > Trail2 Blue = Trail1 > Trail2 and close > Trail2 and low < Trail2 Red = Trail2 > Trail1 and close < Trail2 and high < Trail2 Yellow = Trail2 > Trail1 and close < Trail2 and high > Trail2 //It gives White color where there is deterioration. Let's not use InfoPanel in strategy, it would be wrong as it signals the next day.
Pine Script® strategy
by ceyhun
23