Risk Management ToolThis tool is a good way to get quick position sizing. No need to use your calculator and find that your price asset is already out of your range.
It works best with Cryptocurrencies Exchange way to manage position size calculation.
Really useful when scalping. This tool tracks the last high and low following your custom lookback bars number. It also follows the VWAP level.
You also have 4 custom ranges around the current price with the calculated position size. You set the desired percentage distance from the current price and you get the position size you need.
1. You choose the type of order
2. Account balance
3. Leverage if you use the cost base orders type
4. Amount to risk
and you get real-time risk management.
Stoploss
Lines and Table for risk managementABOUT THIS INDICATOR
This is a simple indicator that can help you manage the risk when you are trading, and especially if you are leverage trading. The indicator can also be used to help visualize and to find trades within a suitable or predefined trading range.
This script calculates and draws six “profit and risk lines” (levels) that show the change in percentage from the current price. The values are also shown in a table, to help you get a quick overview of risk before you trade.
ABOUT THE LINES/VALUES
This indicator draws seven percentage-lines, where the dotted line in the middle represents the current price. The other three lines on top of and below the middle line shows the different levels of change in percentage from current price (dotted line). The values are also shown in a table.
DEFAULT VALUES AND SETTINGS
By default the indicator draw lines 0.5%, 1.0%, and 1.5% from current price (step size = 0.5).
The default setting for leverage in this indicator = 1 (i.e. no leverage).
The line closest to dotted line (current price) is calculated by step size (%) * leverage (x) = % from price.
Pay attention to the %-values in the table, they represent the distance from the current price (dotted line) to where the lines are drawn.
* Be aware! If you change the leverage, the distance from the closest lines to the dotted line showing the current price increase.
SETTINGS
1. Leverage: set the leverage for what you are planning to trade on (1 = no leverage, 2 = 2 x leverage, 5 = 5 x leverage...).
2. Stepsize is used to set the distance between the lines and price.
EXAMPLES WITH DIFFERENT SETTINGS
1) Leverage = 1 (no leverage, default setting) and step size 0.5 (%). Lines plotted at (0.5%, 1%, 1.5%, and –0.5%, –1%, –1,5%) from the current price.
2) Leverage = 3 and stepsize 0.5(%). Lines plotted at (1.5%, 3.0%, 4.5%, and –1.5%, –3.0%, –4.5%) from the current price.
3) Leverage = 3 and stepsize 1(%). Lines plotted at (3%, 6%, 9%, and –3%, –6%, –9%) from the current price.
The distance to the nearest line from the current price is always calculated by the formula: Leverage * step size (%) = % to the nearest line from the current price.
TrailingStopsLibrary "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.
"Flip" - The stop lines flip when they're crossed.
"Manual" - The stop lines turn off when they're crossed, and turn back on again when _restartLowIn or _restartHighIn are passed into the function as true.
_flipMode - Defines whether the stop lines are broken by wicks or closes. Allowed values are "Wick", and "Close".
_restartLowIn - If _restartMode is "Manual", passing this parameter as true restarts the Low stop line.
_restartHighIn - If _restartMode is "Manual", passing this parameter as true restarts the High stop line.
@returns - floats for the Low and High stop line.
[-_-] Volatility Calibrated ATRDescription:
An indicator based on ATR adjusted for volatility of the market. It uses Heikin Ashi data to find short and long opportunities and displays a dynamic stop loss level. Additionally, it has alerts for when the trend changes (which is an entry signal).
How it works:
It works by dynamically calculating the Period for ATR which depends on current volatility level that is calculated by a function that uses Standard Deviation of price. ATR is then smoothed by Weighted Moving Average and multiplied by ATR Factor, resulting in a plot that changes its colour to red when we're in a downtrend and green when in an uptrend. This plot should be used as a dynamic Stop Loss level. Trend change is determined by price crossing the dynamic Stop Loss level. The squared red and green labels appear when the trend changes, and should be used as Entry signals.
Parameters:
- Source -> data used for calculations
- ATR Factor -> higher values produce less noise and longer trends, lower values give more signals
Position Size and PNL CalculatorPosition Size and PNL Calculator is a Tool indicator which will help trader determine Trading's Position Size base on many risk management method such is Risk Per Trade, Fix Position Size, Fix Initial cost. The stoploss of the order will be set after ATR Stoploss method like my lasted Indicator ATR Stop Loss and Take Profit Finder .
This Tool is using the concept of
- ATR ( Average True Range )
- Risk Reward Ratio (Money Management method)
- Leverage Position Size Calculation
- Leverage PNL Calculation
- Risk Per Trade money management for calculating the size of position base on Account Balance and Risk
How Position Size and PNL Calculator working?
1) The tool will let user Input time and price that trader are entering the order. Then trader have to select the direction of trade, weather it is long position or short position
2) Next It will use entry price to Calculate the Stoploss price buy Calculating its ATR according to the setting then, then The entry price will be plus/mins by ATR*Multiply to get a Stoploss price
3) then we will * Risk Reward Ratio to the distance of stoploss in order to create Takeprofit price
4) After then the tool will simulate and calculate Initial cost/Initial position size base on your setting, and will display Stoploss Price, Take Profit Price, PNL% of Loss if Stoploss is trigger, PNL% of Gain if Take profit is Trigger and current RR/ PNL%
5) User can adjust the leverage and other setting in Indicator setting
How to use Position Size and PNL Calculator
As it was mention, Position Size and PNL Calculator is just a tool that help trader determine Trading's Position Size, PNL and risk management. Trader must use this tool only as a Position Tracking after you help entry order with your our trading strategy
Take Profit On Trend v2 (by BHD_Trade_Bot)The purpose of strategy is to detect long-term uptrend and short-term downtrend so that you can easy to take profit.
The strategy also using BHD unit to detect how big you win and lose, so that you can use this strategy for all coins without worry about it have different percentage of price change.
ENTRY
The buy order is placed on assets that have long-term uptrend and short-term downtrend:
- Long-term uptrend condition: ema200 is going up
- Short-term downtrend condition: 2 last candles are down price (use candlestick for less delay)
CLOSE
The sell order is placed when take profit or stop loss:
- Take profit: price increase 2 BHD unit
- Stop loss: price decrease 3 BHD unit
The strategy use $1000 for initial capital and trading fee is 0.1% for each order.
Pro tip: The 1-hour time frame for ETH/USDT has the best results on average.
Entry helperHello traders,
This is a script I use daily as a scalper and it helps me a lot, maybe it can help you, this is why I am sharing it!
PART 1 - DESCRIPTION
This program is specifically designed to help scalpers but can be used for all types of trading but won't be as useful.
This script is what I call an entry helper as it calculates dynamically the position size, stop loss and take profit levels and more.
When scalping and placing market entry orders, the price can move significantely while you are calculating your position size according to your stop loss, capital, risk and especially close price that changes very quickly, this results in a risk that is not ideally controlled and personally was a source of frustration and stress. I wanted to enter my quantity and stop loss values as fast as possible and make the process easier.
This script automates the calculation of the position size, stop loss and take profit levels according the the users input and prints the data visibly on the screen so it is easy to copy by the trader. It allows the trader to be confident that his risk is as controlled as possible.
The script is easy to use and set up, this guide will help you if you have any difficulies or questions.
PART 2 - HOW TO USE THE SCRIPT
- SET THE CAPITAL SETTINGS
1 - Set your capital value in $
- SET THE TRADE SETTINGS
2 - Set your trade side (BUY or SELL)
3 - Set you desired risk in % of your capital
- ENTRY SETTINGS
4 - Set your entry from 2 different options
|MARKET| (default option)
This option will place the entry level at the last available price
|LIMIT|
This option allows you to input a fixed price level for the entry
- STOP LOSS SETTINGS
5 - Select your stop loss placement from 4 different options
|EXTREMA STOP LOSS| (default option)
This option will place the stop loss at the highest/lowest (extrema) price level within the last N candles
|ATR EXTREMA|
This option uses the same price level as the EXTREMA STOP LOSS but will add/soustract the last ATR value (calculated on the N last candles) multiplied by a coefficient that you input
|TICKS EXTREMA|
This option uses the same price level as the EXTREMA STOP LOSS but will add/soustract a number of ticks that you input
|PRICE LEVEL|
This option allows you to input a fixed price level for the stop loss
- TAKE PROFIT SETTINGS
6 - Select your take profit from 3 different options
|NONE| (default option)
This option will not display any take profit level, I have added this option as I don't have take profit targets
|RR|
This option uses a risk to reward ratio (reward/risk) that you input, it will automatically calculate the take profit level that corresponds
|PRICE LEVEL|
This option allows you to input a fixed price level for the take profit
- QUANTITY AND FEE SETTINGS
7 - Set the quantity settings, it represents the quantity in a lot (usually 100 000 in forex, 100 in stocks 1 for crypto currencies)
8 - Set the fee per quantity (turning lot)
- VISUAL SETTINGS
9 - Show or remove the tab
- TAB SETTINGS
10 - Select the data that you want to display in the tab (the tab will adapt automatically)
NOTES:
The vertical dashed line shows what candle has been used for the calculation of the stop loss, it allows you to visualize what candle the script has selected in case of an EXTREMA stop loss option.
I hope this helps you out! Any suggestions are welcome and I hope that the guide is clear enough.
Happy trading!
Bollinger Band strategy with split, limit, stopEntering a short position after breaking the upper Bollinger Band, entering a long position when entering after breaking the lower Bollinger Band
Provides templates for how to display position average price, stop loss, and profit price using the plot function on the chart, and how to buy splits
After entering the position, if the price crosses the mid-band line, the stop loss is adjusted to the mid-band line.
Interactive SAR Stop-Loss [TANHEF]This indicator is "Interactive" which means some inputs can are manually added through the first click after adding the indicator to the chart (SAR Trailing Stop-loss start point).
Unlike the normal Parabolic SAR, this indicator allows for the modification of the start point of the Parabolic SAR’s first bar calculation. Normally, the Parabolic SAR automatically has a start point after the first bar of an asset’s historical price that will then switch between trailing above and below price respectively. It must be noted that due to how the first position of the Parabolic SAR is calculated, on occasion the Parabolic SAR will immediately flip on the next bar to the opposite side relative to price that it was just located. Modifying the setting “⭐Initial Interactive SAR Position Source”, then selecting either 'Clicked' or 'ATR' level as the vertical start position will prevent this. See images below for more explanation.
Why use a trailing stop-loss?
A trailing stop-loss provides an exit when price moves against you but also enables you to move the exit point further into profit when price is moving in the desired direction of a trade. The Parabolic SAR ( stop and reverse ) which is used to determine price direction as well as when price direction is changing, is very effective at functioning as a trailing stop loss.
Indicator Explanation
Initially when this indicator is added to the chart, you will be prompted to select where to begin the SAR Trailing Stop-loss.
For a long stop-loss, select below price.
For a short stop-loss, select above price.
After this indicator is placed, it can be modified via dragging or from within the settings by modifying the time and the price input. Or simply re-add the indicator to the chart. Another option is to have this Parabolic SAR begin directly on the price that was initially ‘Clicked’ or the ‘ATR’ level, which requires selecting the option in settings labeled “⭐Initial Interactive SAR Position Source”
The SAR Stop Loss plotted. Note that the calculation that occurs on this first bar of the ‘Interactive SAR’ is as if the prior bar was the oldest historical bar of the asset. Due to the SAR’s calculations, if the ‘Normal SAR’ were to also flip sides over to the position that has been manually set for the ‘Interactive SAR’, they won’t necessarily have the same result.
An optional fixed profit target can be added within the settings. This profit target will only actively be plotted when the SAR Trailing Stop-loss has not be hit yet or until the profit target has been hit.
Here shows that the profit target was hit, then later on the SAR Trailing Stop-loss was hit.
Note, trailing stop-loss will continue to be plotted until it has been hit regardless of the profit target being hit or not.
Here is an example of when the Parabolic SAR will immediately flip on the next bar to the opposite side relative to price that it was just first located. This is due to how the Parabolic SAR is calculated and will also occur with the traditional Parabolic SAR that is not interactively (manually) given a start location. To prevent this, either relocate this time in which this SAR beings or consider modifying the SAR’s (start, increment, max) settings specifically.
Here instead of using the SAR’s calculation for an initial bar, the ‘ATR’ was selected as the start point within the setting “⭐Initial Interactive SAR Position Source”.
Alerts
1. 'Check' alerts to use within indicator settings (trailing stop hit and/or profit target hit).
2. Select 'Create Alert'
3. Set the condition to 'Interactive SAR''
4. Select create.
FFT Strategy Bi-Directional Stop/Profit/Trailing + VMA + AroonThis strategy uses the Fast Fourier Transform inspired from the source code of @tbiktag for the Fast Fourier Transform & @lazybear for the VMA filter.
If you are not familiar with the Fast Fourier transform it is a variation of the Discrete Fourier Transform. Veritasium on youtube has a great video on it with a follow up recommendation from 3brown1blue. In short it will extract all the frequencies from a set of data. @tbiktag laid the groundwork for creating the indicator which will allow you to isolate only those signals which are the most relevant and remove the noise. I recommend having @tbiktag's FFT Transform indicator side by side with this to understand what my variation is doing by setting similar settings .
Using this idea, you can then optimize a strategy to the frequencies that are best. The main entry signal is when the FFT Signal crosses above or below the 0 line .
Included with this strategy is the ability to optionally bi-directionally set:
Stop Loss
Trailing Stop Loss
Take Profit
Trailing Take Profit
Entries are optionally further filtered by use of the VMA using the algorithm from LazyBear which allows you to adjust a variable moving average with 3 market trend detections. Green represents upwards momentum; Blue sideways trading and Red downwards momentum. The idea being to filter out buy or sell entries unless the market is moving in that direction, and this makes a big difference as you can see for yourself when you turn it off or on. Turning it off will change the color of the FFT signal to orange instead of the green, blue, red colors .
I have added 2 custom stop loss types as well for experimentation:
1. VMA Filter stop loss to exit the trade if the VMA detects a market trend direction change matching the rules you have set. I have set this to off by default, but it is there so you can see what affect it may have on other tickers. It can increase the profit factor but usually at a cost of net profit.
2. The Aroon Filter stop loss with different lengths for the short or long direction. For the Aroon strategy (which is a trend change detector) it is considered bullish if the upper line (green in my code) is above 70 and the lower line (red in my code) is below 30 and the opposite for the bearish case. With this in mind, I have set it to filter by default only the extreme ends (99 and 1) to increase profit factor and net profit but I encourage you to try different settings and see how it affects things. Turning this off yields much higher net profit but at the cost of the profit factor and drawdown . To disable this just uncheck the 'Use Aroon Filter Long' (or short) and it will also hide the aroon graphics and crosses on the plot.
I will be adding more features in an attempt to lower the drawdown on this strategy but I hope you enjoy what I have so far!
Anti-trap Trailing Stop Loss by KalyanBetaAnti-trap Trailing Stop Loss by KalyanBeta or ATSL
ATSL changes color when there it identifies price manipulation/ SL Hunting / Traps by Smart Money.
Change in color may be an exit signal for your trade in current direction.
This is a very simple indicator which can be used to predict Traps or Stop-loss hunting.
This can help in Trailing Stop-loss and in Exit decisions along with your own strategy.
ATSL may be used in all timeframes.
Please back-test it along with your strategy and then use it for Trailing the Stop-loss without getting trapped by operators and stop-loss hunters.
All the best.
Do post your feedback in comments below. Thank you.
Curved Stop Loss (Expo)█ Overview
Curved Stop Loss (Expo) automatically calculates the best stop-loss distance based on real-time momentum and volatility. Once the algorithm has analyzed the current market characteristics, a curved stop loss is placed on the chart. As a result, the trader can be confident that the stop loss is based on data insights. One of the key elements of a curved stop loss is that it ensures that the trade can either be stopped with a profit or only with a minor loss without compromising the profit potential. Hence, using the Curved Stop Loss makes a massive difference in the overall results.
█ Why is this tool needed?
Risk management is a key concept to grasp and use in your trading, and it's one of the most critical aspects that will determine your long-term success in this industry. The market is uncertain, and it's impossible to know what the future holds. The only way to take control of the unknown is to have a proper risk management system that ensures you don't blow your account in one trade. Therefore, all traders need to understand the importance of using a risk- and money-management tool that calculates and provides stop-loss and take-profit levels in real-time. This way, you will always know where to take your stop loss and secure profit.
█ How to use
This Curved Stop Loss helps traders set a stop loss based on current momentum and volatility. It can be used to minimize your risk and maximize your profit potential.
-----------------
Disclaimer
The information contained in my Scripts/Indicators/Ideas/Algos/Systems 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, backtest, 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/Algos/Systems are only for educational purposes!
Interactive ATR Stop-Loss [TANHEF]This indicator is "Interactive" which means some inputs can are manually added through the first click after adding the indicator to the chart (ATR Trailing Stop-loss start point). See images below for more explanation.
Why use a trailing stop-loss?
A trailing stop-loss provides an exit when price moves against you but also enables you to move the exit point further into profit when price is moving in the desired direction of a trade. The ATR (Average True Range) which is used to measure volatility, is very effective at functioning as a trailing stop loss.
Indicator Explanation
Initially when this indicator is added to the chart, you will be prompted to select where to begin the ATR Trailing Stop-loss.
For a long stop-loss, select below price.
For a short stop-loss, select above price.
After this indicator is placed, it can be modified via dragging or from within the settings by modifying the time and the price input. Or simply re-add the indicator to the chart.
The ATR Stop Loss plotted. Note that the trailing value that is considered as the stop loss value is the value of the ATR from the prior candle. The settings for the ATR calculation can be modified within the settings.
An optional fixed profit target can be added within the settings. This profit target will only actively be plotted when the ATR Trailing Stop-loss has not be hit hit yet or until the profit target has been hit.
Here shows that the profit target was hit, then later on the ATR Trailing Stop-loss was hit.
Note, trailing stop-loss will continue to be plotted until it has been hit regardless of the profit target being hit or not.
Alerts
1. 'Check' alerts to use within indicator settings (trailing stop hit and/or profit target hit).
2. Select 'Create Alert'
3. Set the condition to 'Interactive ATR''
4. Select create.
[D] Dudu 95 Strategy Template ver.1.1.Hello Guys! Nice to meet you all!
This is my Second script after changing My Profile Name!
I updated my strategy template before - I added some filter conditions (EMA, ADX, DMI).
If there's something to update, I will update this script!
Thank you!
-----
I made this based on the open source strategies by jason5480, kevinmck100, myncrypto.
Thank you All!
### Filter
1. Can Choose whether to use filter.
2. Filters Based on ATR, EMA, ADX, and DMI are ready to use.
### StopLoss
1. Can Choose Stop Loss Type: Percent, ATR, Previous Low / High.
2. Can Chosse inputs of each Stop Loss Type.
### Take Profit
1. Can set Risk Reward Ratio for Take Profit.
- To simplify backtest, I erased all other options except RR Ratio.
- You can add Take Profit Logic by adding options in the code.
2. Can set Take Profit Quantity.
### Risk Manangement
1. Can choose whether to use Risk Manangement Logic.
- This controls the Quantity of the Entry.
- e.g. If you want to take 3% risk per trade and stop loss price is 6% below the long entry price,
then 50% of your equity will be used for trade.
2. Can choose How much risk you would take per trade.
### Plot
1. Added Labels to check the data of entry / exit positions.
2. Changed and Added color different from the original one. (green: #02732A, red: #D92332, yellow: #F2E313)
[fpemehd] Strategy TemplateHello Guys! Nice to meet you all!
This is my fourth script!
This is the Strategy Template for traders who wants to make their own strategy.
I made this based on the open source strategies by jason5480, kevinmck100, myncrypto. Thank you All!
### StopLoss
1. Can Choose Stop Loss Type: Percent, ATR, Previous Low / High.
2. Can Chosse inputs of each Stop Loss Type.
### Take Profit
1. Can set Risk Reward Ratio for Take Profit.
- To simplify backtest, I erased all other options except RR Ratio.
- You can add Take Profit Logic by adding options in the code.
2. Can set Take Profit Quantity.
### Risk Manangement
1. Can choose whether to use Risk Manangement Logic.
- This controls the Quantity of the Entry.
- e.g. If you want to take 3% risk per trade and stop loss price is 6% below the long entry price,
then 50% of your equity will be used for trade.
2. Can choose How much risk you would take per trade.
### Plot
1. Added Labels to check the data of entry / exit positions.
2. Changed and Added color different from the original one. (green: #02732A, red: #D92332, yellow: #F2E313)
Strategy PnL LibraryLibrary "Strategy_PnL_Library"
TODO: This is a library that helps you learn current pnl of open position and use it to create your own dynamic take profit or stop loss rules based on current level of your profit. It should only be used with strategies.
inTrade()
inTrade: Checks if a position is currently open.
Returns: bool: true for yes, false for no.
notInTrade()
inTrade: Checks if a position is currently open. Interchangeable with inTrade but just here for simple semantics.
Returns: bool: true for yes, false for no.
pnl()
pnl: Calculates current profit or loss of position after the commission. If the strategy is not in trade it will always return na.
Returns: float: Current Profit or Loss of position, positive values for profit, negative values for loss.
entryBars()
entryBars: Checks how many bars it's been since the entry of the position.
Returns: int: Returns a int of strategy entry bars back. Minimum value is always corrected to 1 to avoid lookback errors.
pnlvelocity()
pnlvelocity: Calculates the velocity of pnl by following the change in open profit compared to previous bar. If the strategy is not in trade it will always return na.
Returns: float: Returns a float value of pnl velocity.
pnlacc()
pnlacc: Calculates the acceleration of pnl by following the change in profit velocity compared to previous bar. If the strategy is not in trade it will always return na.
Returns: float: Returns a float value of pnl acceleration.
pnljerk()
pnljerk: Calculates the jerk of pnl by following the change in profit acceleration compared to previous bar. If the strategy is not in trade it will always return na.
Returns: float: Returns a float value of pnl jerk.
pnlhigh()
pnlhigh: Calculates the highest value the pnl has reached since the start of the current position. If the strategy is not in trade it will always return na.
Returns: float: Returns a float highest value the pnl has reached.
pnllow()
pnllow: Calculates the lowest value the pnl has reached since the start of the current position. If the strategy is not in trade it will always return na.
Returns: float: Returns a float lowest value the pnl has reached.
pnldev()
pnldev: Calculates the deviance of the pnl since the start of the current position. If the strategy is not in trade it will always return na.
Returns: float: Returns a float deviance value of the pnl.
pnlvar()
pnlvar: Calculates the variance value of the pnl since the start of the current position. If the strategy is not in trade it will always return na.
Returns: float: Returns a float variance value of the pnl.
pnlstdev()
pnlstdev: Calculates the stdev value of the pnl since the start of the current position. If the strategy is not in trade it will always return na.
Returns: float: Returns a float stdev value of the pnl.
pnlmedian()
pnlmedian: Calculates the median value of the pnl since the start of the current position. If the strategy is not in trade it will always return na.
Returns: float: Returns a float median value of the pnl.
Moving Grid Trader - With AlertsThis script used a grid system that is set when a "buy" signal is sent to generate profits inside of a range. This script used macd to weed out bad buys and then sells once the price either reaches the grid - or hits the stoploss. This works best in bullish and ranging markets.
MB Darvas Box The algorithm is related to darvas theory.
Creates resistance and support levels by creating boxes on the chart layout.
It creates flag icons in the form of Down (A) or Up (Y) according to these box breaks about the trend.
Considering the Darvas strategy, it also provides convenience in trailing stop.
-Alarm adding feature is available.
-Box color change can be edited from the settings section.
-Box fill color can be changed.
-Show/unhide history boxes is available in settings.
-Box calculation can be changed in time intervals.
-You must change the Box Limit entry to see fewer boxes.
It will be more meaningful if used together with the volume indicator.
It is not recommended for use in real transactions.
Does not include investment advice.
Algorithms are useful tools for making predictions.
ATR Stop Loss and Take Profit FinderThe purpose of this tool is to help the trader determine a safe stop loss price and take profit which dynamically changes due to ATR (Average True Range)
This tool uses the concept of
ATR (Average True Range)
Risk Reward Ratio (Money Management method)
How is ATR Stop Loss and Take Profit Finder working
Step 1 ) Tool will calculate TR(True Range
Step 2) Then the TR will be used to find the Average value of X time frame, using 5 math models: RMA SMA EMA WMA and LSMA
Step 3) The value from Step 2 will be multiplied by the factor, and the result is ATR
After we got ATR Value, the Tool will find 2 lines: Upper Band and Lower Band which will function as a Stoploss value for both Short and Long trade
ATR Stop Loss and Take Profit Finder will be using Upper Band and Lower Band to calculate Take profit price. A trader can set their Target Risk Reward Ratio by setting
How to use ATR Stop Loss and Take Profit Finder
ATR Stop Loss and Take Profit Finder is not an indicator, it is only a tool to help the trader quickly find their stop loss/take profit price. t
For open long position, We comment trade to switch mode of 'Type of open Position to be long. Same as short which is need to be changed to short
6 Multi-Timeframe Supertrend with Heikin Ashi as Source
This is a multiple multi-timeframe version of famous supertrernd only with Heikin Ashi as source. Atr which stands in the heart of supertrend is calculated based on heikin-ashi bars which omits a great deal of noises.
with 6 multiplication of the supertrend, its simply much easier to spot trend direction or use it as trailing stop with several levels available.
this is a great tool to assess and manage your risk and calculate your position volume if you use the heikin ashi supertrend as your stoploss.
SuperTrend Entry(My goal creating this indicator) : Provide a way to enter the market systematically, automatically create Stop Loss Levels and Take Profit Levels, and provide the position size of each entry based on a fix Percentage of the traders account.
The Underlying Concept :
What is Momentum?
The Momentum shown is derived from a Mathematical Formula, SUPERTREND. When price closes above Supertrend Its bullish Momentum when its below Supertrend its Bearish Momentum. This indicator scans for candle closes on the current chart and when there is a shift in momentum (price closes below or above SUPERTREND) it notifies the trader with a Bar Color change.
Technical Inputs
- If you want to optimize the rate of signals to better fit your trading plan you would change the Factor input and ATR Length input. Increase factor and ATR Length to decrease the frequency of signals and decrease the Factor and ATR Length to increase the frequency of signals.
Quick TIP! : You can Sync all VFX SuperTrend Indicators together! All VFX SuperTrend indicators display unique information but its all derived from that same Momentum Formula. Keep the Factor input and ATR Length the same on other VFX SuperTrend indicators to have them operating on the same data.
Display Inputs
- The indicator has a candle overlay option you can toggle ON or OFF. If toggled ON the candles color will represent the momentum of your current chart ( bullish or bearish Momentum)
your able to change the colors that represent bullish or bearish to your preference
- You can toggle on which shows the exact candle momentum switched sides
your able to change the colors that represent a bullish switch or bearish switch to your preference
- The trader can specify which point you would like your stop loss to reference. (Low and High) Which uses the Low of the Momentum signal as the reference for your Stop Loss during buy signals and the High as the reference during sell signals. Or (Lowest Close and Highest Close) which uses the Lowest Close of the Momentum signal as the reference for your Stop Loss during buys and the Highest Close as the reference during sells.
- The colors that represent your Stop Loses and Take Profits can also be changed
Risk Management Inputs
- Your Risk MANAGMENT section is used to set up how your Stop Loss and Take Profit are calculated
- You have the option to take in account Volatility when calculating your Stop Loss. A adjusted ATR formula is used to achieve this. Increase Stop Loss Multiplier from 0 to widen stops.
- Increase Take Profit Multiplier from 0 to access visual Take Profit Levels based on your Stop Loss. This will be important for traders that Prefer trading using risk rewards. For Example: If the the Take Profit Multiplier is 3 a Take Profit level 3 times the size or your stop loss from your entry will be shown and a price number corresponding to that Take Profit Level becomes available.
- Enter your current Account size, Bet Percentage and Fixed Spread to get your Position Size for each trade
-Toggle on the Current Trade Chart and easily get the size of your Position and the exact price of your Take Profit and Stop Loss.
You can increase the Size of the Current Trade Chart= Tiny, Small, Normal, Large, Huge and change the Position of the Current
trade Chart to your preference, (Top- Right, Center, Left) (Middle- Right, Center, Left) (Bottom- Right, Center, Left).
How it can be used ?
- Enter Trades and always know where your stop is going to be
- Eliminate the need to manual calculate Position Size
- Get a consistent view of the current charts momentum
- Systematical enter trades
- Reduce information overload
TTP Kent Strat PROKent Strat PRO trades breakouts using Bollinger Bands together with SuperTrend.
PRO features:
- 3commas bot alerts for long/short bots
- Custom JSON bots alerts
Features:
- Risk/reward ratio parameter
- Longs, shorts and combined positions.
- Breakout settings
- Trailing SL, trailing TP
- Use of latest candles to place the SL using a lookback parameter (how many candles to look back for a low/high price)
- Select your SL between the ATR trendline and the latest candle: the closest or furthest away value
- Show the trendline
- Backtest mode for accurate backtests
- Signal mode for live price accurate signals
- Date range backtesting
Filters:
- EMA 200 filter and timeframe selector. This filter can be used to trade with the trend: open longs on an uptrend and shorts on a downtrend.
- ADX filter using threshold. This filter can be used to filter entries where the trend is not very strong.
- ADX pointing up. ADX values pointing up and above certain threshold can improve entries.
- Relative volume filter based on the volume being X% above the MA of the Volume. Trading with volume can help filtering out bad trades.
Example setup:
1) pick BINANCE:ETHUSDT chart, 15 min chart
2) trade longs + shorts
3) pick ratio 3
4) trailing SL checked
5) trailing TP unchecked
7) stop loss "furthest"
8) candle loopback 30
9) BB period 21, dev 1, ATR filter on, atr period 5
10) EMA filter on, 15 min
11) ADX off
12) Volume filter on set to 60%
TTP Kent StratKent Strat trades breakouts using Bollinger Bands together with SuperTrend.
Features:
- Risk/reward ratio parameter
- Longs, shorts and combined positions.
- Breakout settings
- Trailing SL, trailing TP
- Use of latest candles to place the SL using a lookback parameter (how many candles to look back for a low/high price)
- Select your SL between the ATR trendline and the latest candle: the closest or furthest away value
- Show the trendline
- Backtest mode for accurate backtests
- Signal mode for live price accurate signals
- Date range backtesting
Filters:
- EMA 200 filter and timeframe selector. This filter can be used to trade with the trend: open longs on an uptrend and shorts on a downtrend.
- ADX filter using threshold. This filter can be used to filter entries where the trend is not very strong.
- ADX pointing up. ADX values pointing up and above certain threshold can improve entries.
- Relative volume filter based on the volume being X% above the MA of the Volume. Trading with volume can help filtering out bad trades.
Example setup:
1) pick BINANCE:ETHUSDT chart, 15 min chart
2) trade longs + shorts
3) pick ratio 3
4) trailing SL checked
5) trailing TP unchecked
7) stop loss "furthest"
8) candle loopback 30
9) BB period 21, dev 1, ATR filter on, atr period 5
10) EMA filter on, 15 min
11) ADX off
12) Volume filter on set to 60%
X48 - Strategy | MA Type Cross + TPSL | Future&Spot | V.2Thank You For Open Source Code, This Strategy Ref. By 1.Simple Strategy Like MA Crossover For Long/Short or Spot Trade, 2. CDC Action Zone V.2 for BarPaint
This Strategy Mixing With MA Crossover Strategy and BarPaint By CDC Action Zone and TP/SL by Varbara
### How To Use Strategy : Setting EMA/SMA Crossover EMA/SMA, Any Value If You Want
For Long Position : Cross Up
For Short Position : Cross Down
Can Use With Spot Trade : Cross Up = Buy, Cross Down = Sell
TP/SL When Your OrderSize Change From any % Of Your TP/SL Value
### In Strategy Setting
Intitial Capital = Ex. 200
Order Size = Should Be Money Management Not Use 100% of Capital Ex. 10% of Capital (200$) = Order Size 20$
StopLoss and Take Profit = If You Run Trend TF 4H+ or 1D+ You Can Change TP% = 1,000% for nonlimit and Stop Loss 5 - 20% from your order size
Ex. Stoploss 15% = OrderSize / 100 x %SL = 20$/100 x 15% = 3$ Loss from order size 20$ (if you not set stop loss.)
Base Currency = (Your Currency) # Ex. USD
Commission = (Your Trading Fee) # Ex. Future Fee Can Check At Binance Fee Rate > www.binance.com > Choose Your Fee Type, Ex. USD M Future (Regular User) = 0.02 (Maker), 0.04 (Taker)
Commission Symbol Type = % # (Ref. By Binance Fee Rate)
### Notice ####
Default Setting It's Realistic From Normal Life Ex. Capital 200$ / Ordersize 20$ (10%)/ Commission 0.1% (Buy+Sell) / Slippage = 2 / TP = 1000% (nonlimit) / SL = 15%/OrderSize
Low Risk But High Return, Good Luck
### Bot Auto Trade by X4815162342 ###
if you wanna try my bot auto trade X48-3in1-bot : Contact My Line ID : x4815x
Full Command Alert For This Strategy If You Wanna See It's
'{"ex":"'+markettype+'","side": "'+longcommand+'", "amount": "@{{strategy.order.contracts}}", "symbol": "{{ticker}}", "passphrase": "'+passphrase+'","leverage":"'+str.tostring(leveragex)+'"}'
'{"ex":"'+markettype+'","side": "'+shortcommand+'", "amount": "@{{strategy.order.contracts}}", "symbol": "{{ticker}}", "passphrase": "'+passphrase+'","leverage":"'+str.tostring(leveragex)+'"}'
But Easy Than Full Command Just Use Thisssssss !! Strategy Be Manage Auto Long and Short or TPSL Position
You Don't Do Anything Just Use This Message to Alerts Message
{{strategy.order.alert_message}}
### If you don't use bot but just looking for strategy test ####
Just Pass Bot Setting Function It's Nothing Effect For Strategy !!!!!!
Let's Enjoy With Your Strategy BackTest 😁
Remember Beware Max drawdown%. I'm Recommend Lower Than 10% It's Very Good.
