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Liquidity VisualizerThe "Liquidity Visualizer" indicator is designed to help traders visualize potential areas of liquidity on a price chart. In trading, liquidity often accumulates around key levels where market participants have placed their stop orders or pending orders. These levels are commonly found at significant highs and lows, where traders tend to set their stop-losses or take-profit orders. The indicator aims to highlight these areas by drawing unbroken lines that extend indefinitely until breached by the price action. Specifically, this indicator identifies and marks pivot highs and pivot lows, which are price levels where a trend changes direction. When a pivot high or pivot low is formed, it is represented on the chart with a horizontal line that continues to extend until the price touches or surpasses that level. The line remains in place as long as the level remains unbroken, which means there is potential liquidity still resting at that level. The concept behind this indicator is that liquidity is likely to be resting at unbroken pivot points. These levels are areas where stop-loss orders or pending buy/sell orders may have accumulated, making them attractive zones for large market participants, such as institutions, to target. By visualizing these unbroken levels, traders can gain insight into where liquidity might be concentrated and where potential price reversals or significant movements could occur as liquidity is taken out. The indicator helps traders make more informed decisions by showing them key price levels that may attract significant market activity. For instance, if a trader sees multiple unbroken pivot high lines above the current price, they might infer that there is a cluster of liquidity in that area, which could lead to a price spike as those levels are breached. Similarly, unbroken pivot lows may indicate areas where downside liquidity is concentrated. In summary, this indicator acts as a "liquidity visualizer," providing traders with a clear, visual representation of potential liquidity resting at significant pivot points. This information can be valuable for understanding where price might be drawn to, and where large movements might occur as liquidity is targeted and removed by market participants.
Pine Script™ indicator
by MHermes
Trailing Stop ProTrailing Stop Pro is a sophisticated TradingView indicator designed to enhance your trading strategy by dynamically managing trailing stops based on market volatility. This tool leverages the Average True Range (ATR) to adjust stop levels, providing traders with a robust mechanism to protect profits and minimize losses. Key Features: Dynamic Trailing Stops: Automatically adjusts stop levels using ATR, allowing for responsive and adaptive risk management. Customizable Inputs: Tailor the indicator to your trading style with adjustable parameters such as ATR Length, ATR Multiplier, and Source Vector. Visual Clarity: Distinct color settings for long and short stops, with adjustable line thickness and transparency, ensuring clear visualization on your charts. Professional Grade: The "Pro" designation signifies advanced features suitable for both novice and experienced traders seeking reliable and efficient stop management. How It Works: To set up the indicator, begin by defining the Chrono Point, which specifies the exact time you want the trailing stop mechanism to activate. This allows for precise control over when your stops begin to trail. Next, set the Credit Unit as the initial entry price for your trade, serving as the baseline from which the trailing stops will adjust. The indicator uses ATR-based adjustments to determine stop levels. Customize the sensitivity of the trailing stop by adjusting the ATR Length (default is 14) and ATR Multiplier (default is 0.5). A longer ATR length smooths out volatility, while a higher multiplier increases the distance of the stop from the price. Select your Source Vector from "High/Low," "Close," or "Open" prices as the basis for stop calculation. This flexibility allows you to align the indicator with your preferred trading strategy. The indicator plots trailing stops directly on the chart, with color-coded lines indicating long (teal) and short (red) positions. You can adjust the line thickness and transparency for optimal visibility. The Mission Status feature automatically detects whether the trade is long or short and adjusts the trailing stop accordingly. If the price hits the trailing stop, the trade is considered exited, and the indicator calculates the profit or loss percentage. Benefits: Risk Management: Protect your trades from adverse market movements while locking in profits as prices move favorably. Automation: Reduce manual intervention with automatic stop adjustments, allowing you to focus on strategic decision-making. User-Friendly Interface: Intuitive settings and clear visual cues make it easy to integrate into your existing trading workflow. Conclusion: Trailing Stop Pro is an essential tool for traders looking to enhance their risk management strategies with precision and ease. By automating the trailing stop process and providing clear visual feedback, this indicator empowers you to navigate the markets with confidence. Whether you're a seasoned trader or just starting, Trailing Stop Pro offers the functionality and flexibility needed to optimize your trading performance. The Trailing Stop Pro indicator is a tool designed to assist traders in managing risk and optimizing their trading strategies. However, it should not be considered as financial advice or a guarantee of profitability. Trading involves significant risk, and it is possible to lose more than your initial investment. Users are encouraged to thoroughly test the indicator in a demo environment and consider their own financial situation and risk tolerance before using it in live trading. Past performance is not indicative of future results, and users should seek advice from a qualified financial advisor if needed.
Pine Script™ indicator
by Julien_Eche
1
Portfolio PnL Tracker This is a personal portfolio tracker that helps you track your daily profits and losses. You can track up to 64 stocks or cryptocurrencies. You can set them by specifying the symbol and average price. FEATURES - Set up to 64 stock or crypto symbols. - Shows the average price line - Show profit or loss as a percentage - Shows only when on the chart that matches the symbol settings. HOW TO USE 1. Double click the PnL Tracker indicator at the top left of the chart 2. Enter your symbol and average cost The average cost line shows your current position. PnL is calculated based on the average cost you input. The Profit and Loss (PnL) box and the average cost line will only be displayed when your input symbol matches the chart you are currently viewing.
Pine Script™ indicator
by jeanzuck
3
Realized Profit & Loss [BigBeluga]The Realized Loss & Profit indicator aims to find potential dips and tops in price by utilizing the security function syminfo.basecurrency + "_LOSSESADDRESSES". The primary objective of this indicator is to present an average, favorable buying/selling opportunity based on the number of people currently in profit or loss. The script takes into consideration the syminfo.basecurrency, so it should automatically adapt to the current coin. 🔶 USAGE Users have the option to enable the display of either Loss or Profit, depending on their preferred visualization. Examples of displaying Losses: Example of displaying Profits: 🔶 CONCEPTS The concept aims to assign a score to the data in the ticker representing the realized losses. This score will provide users with an average of buying/selling points that are better to the typical investor. 🔶 SETTINGS Users have complete control over the script settings. 🔹 Calculation • Profit: Display people in profit on an average of the selected length. • Loss: Display people in loss on an average of the selected length. 🔹 Candle coloring • True: Color the candle when data is above the threshold. • False: Do not color the candle. 🔹 Levels - Set the level of a specific threshold. • Low: Low losses (green). • Normal: Low normal (yellow). • Medium: Low medium (orange). • High: Low high (red). 🔹 Z-score Length: Length of the z-score moving window. 🔹 Threshold: Filter out non-significant values. 🔹 Histogram width: Width of the histogram. 🔹 Colors: Modify the colors of the displayed data. 🔶 LIMITATIONS • Since the ticker from which we obtain data works only on the daily timeframe, we are restricted to displaying data solely from the 1D timeframe. • If the coin does not have any realized loss data, we can't use this script.
Pine Script™ indicator
by BigBeluga
2
ASG Delta %This utility script provides a convenient way to calculate the percentage gain or drop of a token's price within a user-defined date range. It eliminates the need for manual measurement on individual charts, saving time and effort. The script is particularly valuable when integrated into a daily token scanning routine for watchlists. By comparing the significant gains or drops among different tokens, traders can identify potential trading opportunities. Simply select the desired date range, and the script will identify the highest and lowest price points achieved during that period. It then shows a visual representation in the form of a bullish or bearish box, displaying the percentage change (delta %). If the current price falls within the box's upper and lower bounds, additional percentage information can be shown in either the 'normal' or 'reverse' mode. For instance, if a token experiences a -52.35% drop, enabling the 'Reverse' setting will reveal a potential 109.86% gain (from the low), or a 76.02% gain (from current price) or a potential drop of -16.5% (from current price) etc.. Having these basic statistics available, without having to manually chart them, especially during prolonged bear or bull markets, enables traders to make informed decisions and position themselves for more profitable trades. I hope you find this script valuable. Your comments and recommendations are welcome as they will help improve the script's functionality further.
Pine Script™ indicator
by Asgardian_
Manual PnL (Profit and Loss) % Tracker - spot long only This is a manual profit and loss tracker. It takes the user's manual input of total cost and quantity, and then outputs a table on the bottom right of the chart showing the profit or loss %, average purchase price, gross profit or loss, and market value. Instructions: 1. Double click the indicator title at the top left of the chart 2. Select the "Inputs" tab and click the empty field next to "Symbol" to enter the traded symbol+exchange. This entry MUST be the same as the chart you are on, for example BTCUSDT/BINANCE (indicator will not display otherwise) 3. Enter the Total Cost and Qty of shares/coins owned 4. Optional - change positive or negative colors 5. Optional - under the "Style" tab, change the color of the average price (AVG) line Note that for the average price (AVG) line to be shown/hidden you must enable/disable "Indicator and financials labels" in the scales settings. For crypto or other tickers that have prices in many decimal places I would suggest, for the sake of accuracy, adjusting the decimal places in the code so that for prices under $1 you will display more info. For example let's say you purchase x number of crypto at a price of 0.031558 you should change the code displaying "0.00" on line 44 to "0.000000" This will ensure that the output table and plotted line will calculate an average price with the same number of decimals.
Pine Script™ indicator
by dreamalittle
5
Average Cost (Costo Promedio)ENGLISH This 'Average Cost' script allows the user to input and visualize profit or loss for different stocks (up to 50) with average cost and quantity data on a single chart. This is useful for tracking the profit or loss of each stock in real-time. To use this script, the user should follow these steps: 1. Add the 'Average Cost' script to your TradingView chart. 2. In the script's configuration window, input the tickers, average costs, and quantity of shares for each ticker you want to monitor. 3. Click 'Accept' to apply the changes. This script is primarily designed for stock markets, but can also be useful in other financial markets where the user is interested in tracking the performance of multiple assets. ESPAÑOL Este script de "Costo Promedio" permite al usuario ingresar y visualizar si hay ganancia o perdida para diferentes acciones (hasta 50) con los datos de costos promedio y cantidad de acciones en un solo gráfico. Esto es útil para realizar un seguimiento de la ganancia o pérdida de cada acción en tiempo real. Para utilizar este script, el usuario debe seguir estos pasos: 1. Agregue el script "Costo Promedio" a su gráfico en TradingView. 2. En la ventana de configuración del script, ingrese los tickers, costos promedio y cantidad de acciones para cada ticker que desee monitorear. 3. Haga clic en "Aceptar" para aplicar los cambios. Este script está diseñado principalmente para los mercados de acciones, pero también puede ser útil en otros mercados financieros donde el usuario esté interesado en rastrear el rendimiento de múltiples activos.
Pine Script™ indicator
by saavedrafilm
Live PnL v1.0Live P&L for multiple stocks, currencies, crypto and commodities can now be tracked for your favorite scripts, pair trading etc. This indicator gives provision to add up to 3 stocks/futures/currency with Buy and Sell, Quantity (can be lot size or any other) and Entry Price and set as default so that every time you put back this indicator you can monitor the live Profit / Loss figure. This indicator will help trade to evaluate and track tips/trades of experts on social media and Media platforms and check their accuracy themselves in an organized way. Apart from paper trading a trade or multiple positions ones combined together it also gives a feeler of combined Mark to live Market Drawdowns or Profitability.
Pine Script™ indicator
by Mohit_Kakkar08
2
Position Sizing CalculatorThis is an intuitive risk management tool with a minimalist design. This calculator will determine your position size per trade, profit, loss, risk/reward ratio and leverage if any. It will calculate your leverage if you are trading financial instruments e.g. Mini Futures , Turbo Warrants etc. that have a financing level. Tip: Use this as a complement to the Long/Short Position tool. Provide the following inputs to get a calculation: - Position type - Account balance - Risk per trade percentage - Financing level (if any for leveraged instruments), else let it be 0 - Entry price - Target price - Stopp loss price You can also choose the color of the output text, its background and position in the chart window. Enjoy!
Pine Script™ indicator
by AktieAI
5
Trailing Stop AlertsThis script is designed as an ATR-based trailing stop tool to assist in managing open positions. Once you're involved in a profitable trade, if you add this script to your chart you'll be prompted to select a bar to begin trailing from. You can then adjust the candle lookback distance for swing high/lows (7 by default), the ATR multiplier (1.0 by default), and the direction to trail (Long/Short). You can also adjust the ATR period in the settings menu if you want to (14 period by default). Once the script is added to your chart, it will begin drawing your trailing stop and you can then set up alerts. Alert Options: Any alert() function call : Will trigger an alert for both conditions (trailing stop updated, trailing stop hit) Alert Conditions : Trailing Stop Update will trigger whenever the stop is updated, Trailing Stop Hit will trigger whenever the stop is hit. Note: the alerts will only fire once per bar close and the trailing stop will not update on realtime bars.
Pine Script™ indicator
by ZenAndTheArtOfTrading
20
Gain/StopLoss Percentage LinesGain/StopLoss Percentage Lines is a quick way to enter your Entry Price in to a stock and track the percentage of gain or loss at the 5% and 10% markers. Click on the gear settings icon and type in your entry price. The percentage is defaulted to 5%. You can change this to a different percentage at this screen. Note that whatever number you enter will be doubled for the upper and lower lines. For instance, if you want to set your first red line stop loss and green gain line at 2.5%, your two other upper and lower green and red lines will be at 5%. However, this will not change the text on the tab marker. To change the tab text, go in to the Pine Editor and change the green text that says "5% Gain" and "5% Loss" to your new percentages.
Pine Script™ indicator
by gwizdavid
3
MultiPrice AlertThis is an alert script using Pinescript version 4. This enables one to set 5 alerts (1 StopLoss, 4 Targets), on 3 different symbols, at using a single alert in the UI. Every visible line will only appear on the symbols that are selected. After setting targets when making an alert, select this indicator as a condition. Change the name to whatever you want, usually the names of the set of tickers. The Alert message is dyanmic showing which Symbol with each type of alert, at whatever price. Ability to disable the targets + symbols. Alerts work by Stop Loss crossing under price and Targets Cross Over. Enabling the "Short" Targets reverses this. The line that is being displayed is actually the price of the asset being moved over x number of bars. I have not found a way to plot a traditional horizontal line, as the code for it uses a fixed price. As it being a user input, it is a variable. Any help with this would be appreicated. Alerts are set to once per bar. Known bug that sometimes if the prices that you set are inside the current candle stick, then your alert will immeaditally fire, either change the timeframe or let it fire and wait fo After a target is hit, I reccomend setting the alert to 0 and REMAKING the alert. You MUST REMAKE THE ALERT AFTER ANY CHANGES. This script WILL NOT CHANGE ALERTS AS YOU CHANGE SETTINGS. TradingView Alerts are not this smart , at least I haven't found a way to do this yet.
Pine Script™ indicator
by Siadore_
5
Tiger's Stop - Objective Stoploss SettingTrading is a lot about risk management too. I created this script to help with setting and moving a proper stop-loss. It plots an area that is a result of adding and subtracting both average true range and something I call "false range". ►The Average True Range is calculated as the candle's high-low. If there is a gap, it is added to complete the result. ►My own False Range just candle bodies. It is calculated as an absolute value of (close-open). Then, Rolling Moving Average is applied on both ATR and False Range to get an idea of how far the price tends to extend out of pure randomness. The resulting value is multiplied by a Multiplier. The next step is an addition of the values to the higher part of the candle for short or a lower part of the candle for long. I prefer a special calculation instead of using Highs and Lows because it allows for more precise observation and stop-loss set up for less wicky symbols. ►►►Additional Functions • Smoothing - applies moving average to candles from which range distance is calculated. This can achieve good smoothness but higher values will lead to using outdated price in the SL area calculation. • Enable/Disable - if you know the direction you are going to trade in, it is good to disable either Long Stop-Loss Area or Short Stop-Loss Area. Just untick it in the settings. ►►►Actual Using Before using the script to set your stop-loss, check the historical data and find a similar set-up. Is it engulfing you use as a trigger? Find a different one and see how effective the stop-loss based on the ATR*multiplier was. This will help you to optimize Multiplier value. A picture shows such research for a double top. You should find more similar situations to find an optimal value. Ultimately, the indicator still gives you relatively a lot of freedom with your stop-loss settings (at least, that is with the default settings). You need to decide how loose stop-loss you want to set. Average True Range is the furthermost part which will make for a very large stop-loss, on the other hand, False Range might be triggered by a villainous wick unnecessarily. The choice should depend on the specific symbol you trade and perhaps, you will learn to set stops regardless of the indicator. A little trick : 1. You can set the loosest stop-loss and set a TradingView alert for where the tightest stop-loss would be. When alerted, you will get the opportunity to reconsider the trade and take a loss if needs be or exit if a candle closes there. 2. Mostly for cryptocurrencies, you can set the tightest stop-loss to protect yourself from sudden spikes. If the price approaches it slowly enough, you can move the stop-loss to the further part of the channel. This is not the same as moving stop-loss indefinitely with hopes of reversal if you plan it from the beginning and a smaller stop is meant to protect you from spikes that are not always predictable and drive to both directions. ►►►Advantages of trailing stop-loss I usually stick with my original stop-loss instead of moving to break even. If my entry area was functional support once, it may work again and is, therefore, still a good entry zone. But an alternative used to preserve as much of the profit as possible is trailing. Trailing is setting a specific value in ticks or a calculation of how to move the stop-loss whenever the price moves in your favor. Tiger's Stop can be used this way. Whenever there is a new value as the candle closes and that value is closer to price than your current stop-loss, you can update it. However, if it moves further from your price, don't change the stop-loss. This can be a little tiresome if you do it manually but should be worth the effort. I usually start trailing only after the price moves significantly in my favor that allowing it to return to the entry price would not make any sense. ►►►Feedback and optimization The preview chart is chosen entirely at random and the values are not optimized for any specific symbol. If you opt to use it, let me know which values work for you the best, I'll add it to the description when I update it. Furthermore, let me know if you think any sort of alerts would be useful with my script. Good luck!
Pine Script™ indicator
by OrcChieftain
4