Library "TrailingStops"
This library contains functions to output trailing stop lines.
f_marketStructureStop(_restartMode, _flipMode, _restartLowIn, _restartHighIn)
Parameters:
_restartMode - Defines how the stop lines persist. Allowed values are:
"Always On" - The stop lines are always present and they just reset when they're crossed.
...
An exponential moving average ( EMA ) is a type of moving average (MA) that places a greater weight and significance on the most recent data points. The exponential moving average is also referred to as the exponentially weighted moving average . An exponentially weighted moving average reacts more significantly to recent price changes than a simple moving average...
I share this TSL indicator with alert (I use it only for Stocks), the configuration is very simple, you must select if it is a Short or Long operation, time at which the operation was opened,% of the daily ATR for TSL. It also contains:
- Alert
- Panel Info
This script is meant to be used as a generic template for new strategies. Take Profit, Stop Loss logic is provided out of the box with (or without) their trailing variations while the trailing for entry and exit orders can also be enabled and be configured!
Custom quantity risk management is provided along with the ability to set custom signal messages that can be...
This is a redesign of the SuperTrend indicator. It removes stupid transitions between SuperTrend states and highlights initial points for both lines.
SuperTrend is a moving stop and reversal line based on the volatility (ATR).
This is a redesign of the built-in Parabolic SAR indicator. I added a proper input system, an option to highlight initial points for both lines and an option to choose points width. So, customize it as you want.
Parabolic SAR was originally developed by J. Welles Wilder and described in his book "New Concepts in Technical Trading Systems" (1978). It is a...
This script demonstrated a dual trailing take profit and stop loss strategy. Where you take 50% (configurable) of the profit when a price level is reached and then you get the rest when a trailing stop loss is hit.
Hello my young padawans looking for the FORCE to get richer on your next trade
I got pinged at least three times today asking where the hell is the indicator of the day. You asked, I delivered :)
Here's your free open-source Trade Manager Version. My associates might kill me for sharing that one... anyway this is a real GIFT.
I won't share such quality...
Same coding only coloring and information panel was added.
CDC ATR Trailing Stop V2.1 (2013)
//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...
Hello traders
Hope you enjoyed your weekend on my behalf. Was staying home working ... ^^
This is my first strategy educational post I'm doing ever
While I'm generally against posting strategies because it's very easy to fake performance numbers... I cannot prevent myself from sharing a few cool strategy snippets anyway.
So from now on, I'll be sharing a few...
Exits added using trailing stops.
2.6 Profit Factor and 76% Profitable on SPY , 5M - I think it's a pretty good number for an automated strategy that uses Pivots. I don't think it's possible to add volume and day open price in relation to pivot levels -- that's what I do manually ..
Still trying to add EMA for exits.. it will increase profitability. You can...
Same 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...
This script demonstrates how to do trailing take profit. With this approach instead of setting a limit order, when you hit the target you just follow the price upwards (for long positions) and you sell when the price drops by a small percentage. This approach will increase the profits (slightly) in every strategy! Be aware that the simulated data may produce...
Hello traders
Here we go again.... with the second strategy snippet.
Reminder: the first snipper was a Trailing Profit strategy script
What's on the menu?
A trailing stop is designed to protect gains by enabling a trade to remain open and continue to profit as long as the price is moving in the investor's favor.
The order closes the trade if the price...
