BTCTradingSig

StopLossDistance

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Gives you a hint on a reasonable stop-loss-distance by calculating current average candle size.
Versionshinweise: Verbesserung der StopLoss-Formel
Open-source Skript

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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