XPloRR MA-Trailing-Stop Strategy
Long term MA-Trailing-Stop strategy with Adjustable Signal Strength to beat Buy&Hold strategy
None of the strategies that I tested can beat the long term Buy&Hold strategy. That's the reason why I wrote this strategy.
Purpose: beat Buy&Hold strategy with around 10 trades. 100% capitalize sold trade into new trade.
This script is designed to display three stop loss areas to assist either with automation of risk management or identify and alert when price is in a range of a trade for risk to reward ratio.
In this version there are three stop losses and 1 PT. Mainly because i will most likely only be using 1 of the SL to pair with the PT.
Stoploss areas are displayed on both...
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...
This is a simple script to quickly see changes in % in each candle.
In blue open/close variation. In red Histogram with range between high and low.
This helps me understand very quickly what's the typical change in % for a specific timeframe/pair, so I can fine tune my Stop Losses and Take Profits.
This is the Count Back Line script from the book Guppy Trading by Daryl Guppy.
It is usually used as a stop loss line, but can also be used to find entries.
Hope someone finds it usefull, if you find anything that is wrong with it, please let me know and I will try to fix it.
This is my first PineScript, hope it is working as intended.
This indicator plots 2 sets of dots (and lines) based on your chosen ATR multiplier (Average True Range).
Generally, when trading on the daily timeframe a good rule of thumb is to use the ATR * 1.5 (the default setting of this indicator).
I created this indicator to quickly test other indicators but I also find it helpful in live trading.
How to use this...
Plots the Highest and Lowest source price for N bars back. Similar to Donchian Channels except any price source can be used (best results: close ). Can be set to any interval independent of the chart interval. Repainting will occur if the chart interval is less than the indicator interval.
This script is designed for those who want to use BitMex's trailing stop. It's not meant to be used as entry exits, but rather to get an idea of how wide the trailing stop needs to be. I suggest you backtest with different values. The script can also be integrated into an existing strategy which does give entry/exits to act as its stop loss.