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Nasan Risk Score & Postion Size Estimator** THE RISK SCORE AND POSITION SIZE WILL ONLY BE CALCUTAED ON DIALY TIMEFRAME NOT IN OTHER TIMEFRAMES. The typically accepted generic rule for risk management is not to risk more than 1% - 2 % of the capital in any given trade. It has its own basis however it does not take into account the stocks historic & current performance and does not consider the traders performance metrics (like win rate, profit ratio). The Nasan Risk Score & Position size calculator takes into account all the listed parameters into account and estimates a Risk %. The position size is calculated using the estimated risk % , current ATR and a dynamically adjusted ATR multiple (ATR multiple is adjusted based on true range's volatility and stocks relative performance). It follows a series of calculations: Unadjusted Nasan Risk Score = (Min Risk)^a + b* Min Risk = ( 5 year weighted avg Annual Stock Return - 5 year weighted avg Annual Bench Return) / 5 year weighted avg Annual Max ATR% Max Risk = ( 5 year weighted avg Annual Stock Return - 5 year weighted avg Annual Bench Return) / 5 year weighted avg Annual Min ATR% The min and max return is calculated based on stocks excess return in comparison to the Benchmark return and adjusted for volatility of the stock. When a stock underperforms the benchmark, the default is, it does not calculate a position size , however if we opt it to calculate it will use 1% for Min Risk% and 2% for Max Risk% but all the other calculations and scaling remain the same. Rationale: Stocks outperforming their benchmark with lower volatility (ATR%) score higher. A stock with high returns but excessive volatility gets penalized. This ensures volatility-adjusted performance is emphasized rather than absolute returns. Depending on the risk preference aggressive or conservative Aggressive Risk Scaling: a = max (m, n) and b = min (m, n) Conservative Scaling: a = min (m, n) and b = max (m, n) where n = traders win % /100 and m = 1 - (1/ (1+ profit ratio)) A default of 50% is used for win factor and 1.5 for profit ratio. Aggressive risk scaling increases exposure when the strategy's strongest factor is favorable. Conservative risk scaling ensures more stable risk levels by focusing on the weaker factor. The Unadjusted Nasan risk is score is further refined based on a tolerance factor which is based on the stocks maximum annual drawdown and the trader's maximum draw down tolerance. Tolerance = /100 The correction factor (Tolerance) adjusts the risk score based on downside risk. Here's how it works conceptually: The formula calculates how much the stock's actual drawdown exceeds your acceptable limit. If stocks maximum Annual drawdown is smaller than Trader's maximum acceptable drawdown % , this results in a positive correction factor (indicating the drawdown is within your acceptable range and increases the unadjusted score. If stocks maximum Annual drawdown exceeds Trader's maximum acceptable drawdown %, the correction factor will decrease (indicating that the downside risk is greater than what you are comfortable with, so it will adjust the risk exposure). Once the Risk Score (numerically equal to Risk %) The position size is calculated based on the current market conditions. Nasan Risk Score (Risk%) = Unadjusted Nasan Risk Score * Tolerance. Position Size = (Capital * Risk% )/ ATR-Multiplier * ATR The ATR Multiplier is dynamically adjusted based on the stocks recent relative performance and the variability of the true range itself. It would range between 1 - 3.5. The multiplier widens when conditions are not favorable decreasing the position size and increases position size when conditions are favorable. This Calculation /Estimate Does not give you a very different result than the arbitrary 1% - 2%. However it does fine tune the % based on sock performance, traders performance and tolerance level.
Pine Script® indicator
by federalTacos5392b
1
ATR Stop BufferBelow is the modified version of your "ATR Stop Buffer" indicator with an option to toggle labels on or off. Since this indicator uses a table rather than plotted lines, I’ve adapted the labeling concept to add optional chart labels that display the ATR values (Daily ATR, 2% ATR, and 10% ATR) directly on the chart at the last bar’s price level. This complements the table while giving users flexibility. Here’s the updated code: pine Collapse Wrap Copy //@version=6 //@author FlyingSeaHorse //@description Displays Daily ATR and percentage calculations in ticks in a table format, with optional chart labels indicator("ATR Stop Buffer", overlay=true) // Inputs showTable = input.bool(true, title="Show ATR Table") showLabels = input.bool(true, title="Show ATR Labels on Chart") // Get Daily ATR atr_period = 14 daily_atr = request.security(syminfo.tickerid, "D", ta.atr(atr_period)) // Convert ATR to ticks (assuming 1 tick = minimum price movement) tick_size = syminfo.mintick atr_ticks = daily_atr / tick_size // Calculate percentages atr_2percent = atr_ticks * 0.02 atr_10percent = atr_ticks * 0.10 // Round up values atr_ticks_rounded = math.ceil(atr_ticks) atr_2percent_rounded = math.ceil(atr_2percent) atr_10percent_rounded = math.ceil(atr_10percent) // Create table var tbl = table.new(position.top_center, 2, 4, bgcolor=color.gray) // Fill table headers and data on the last bar if barstate.islast if showTable // Headers table.cell(tbl, 0, 0, "Metric", text_color=color.white) table.cell(tbl, 1, 0, "Ticks", text_color=color.white) // Row 1: Daily ATR table.cell(tbl, 0, 1, "Daily ATR", text_color=color.white) table.cell(tbl, 1, 1, str.tostring(atr_ticks_rounded), text_color=color.white) // Row 2: 2% ATR table.cell(tbl, 0, 2, "2% ATR", text_color=color.white) table.cell(tbl, 1, 2, str.tostring(atr_2percent_rounded), text_color=color.white) // Row 3: 10% ATR table.cell(tbl, 0, 3, "10% ATR", text_color=color.white) table.cell(tbl, 1, 3, str.tostring(atr_10percent_rounded), text_color=color.white) else table.clear(tbl, 0, 0) // Add optional labels on the chart at the last bar if barstate.islast and showLabels label.new(bar_index, close, "Daily ATR: " + str.tostring(atr_ticks_rounded) + " ticks", color=color.gray, textcolor=color.white, style=label.style_label_up) label.new(bar_index, close + daily_atr * 0.5, "2% ATR: " + str.tostring(atr_2percent_rounded) + " ticks", color=color.gray, textcolor=color.white, style=label.style_label_up) label.new(bar_index, close + daily_atr, "10% ATR: " + str.tostring(atr_10percent_rounded) + " ticks", color=color.gray, textcolor=color.white, style=label.style_label_up) What’s New Label Toggle: Added showLabels = input.bool(true, title="Show ATR Labels on Chart") to enable/disable chart labels. It’s true by default. Label Logic: On the last bar, if showLabels is enabled, three labels are created using label.new(): Daily ATR: Placed at the closing price. 2% ATR: Offset slightly above the close (by half the ATR value in price terms). 10% ATR: Offset further above (by the full ATR value). Labels are gray with white text, positioned above the price (label.style_label_up) for visibility. Positioning: The offsets (close + daily_atr * 0.5 and close + daily_atr) use the ATR in price terms to space the labels dynamically based on volatility. You can tweak these if you prefer fixed offsets or different placements. Updated Description for TradingView Title: ATR Stop Buffer Short Title: ATR Buffer Description: ATR Stop Buffer is a versatile tool that calculates the Daily Average True Range (ATR) and converts it into tick-based metrics for practical trading applications. Displayed in a clean table format at the top center of the chart, it shows the Daily ATR, 2% of ATR, and 10% of ATR, all rounded up to the nearest tick. A new optional feature adds these values as chart labels, making it easy to visualize stop buffer levels directly on price action. This indicator is perfect for traders setting stop-losses, buffers, or risk targets based on volatility. The table can be toggled on/off, and now chart labels can be enabled to overlay the ATR metrics at the last bar’s price—ideal for quick reference without cluttering the screen. Built for any market where tick size matters (e.g., futures, forex, stocks), it uses a 14-period Daily ATR for consistency. Key Features: Displays Daily ATR, 2% ATR, and 10% ATR in ticks via a toggleable table. Optional chart labels for all three metrics, toggleable independently. Simple, rounded values for practical use in stop placement or risk management. Lightweight and overlay-compatible with any timeframe. How to Use: Enable the table and/or labels in the inputs. Use the tick values to set stop-loss buffers (e.g., 2% ATR for tight stops, 10% ATR for wider ranges) or to gauge volatility-based entries/exits. Combine with price levels or trend indicators for a complete strategy. Note: Assumes your chart’s tick size matches the asset’s minimum price movement (e.g., 0.25 for ES futures). Adjust the ATR period in the code if needed.
Pine Script® indicator
by FlyingSeaHorse
Opal Title: Opal Lines Short Title: Opal Lines Description: Opal Lines is a dynamic overlay indicator that plots horizontal price levels at the open of key market sessions throughout the trading day, based on Eastern Time (ET). Designed for traders who rely on session-based price action, it marks significant intraday events such as the European Open (3:00 AM ET), Gold Open (8:20 AM ET), Regular Market Open (9:30 AM ET), and Globex Open (6:00 PM ET), among others. Each line is color-coded and toggleable via inputs, allowing users to customize which sessions they want to track. Unlike generic time-based tools, Opal Lines captures the opening price at precise minute intervals and extends these levels across the chart until the daily reset at 5:00 PM ET (except for the Globex line, which persists into the next day). This makes it ideal for identifying support/resistance zones, breakout levels, or reference points tied to major market openings. Traders can use it across forex, futures, equities, or commodities to align their strategies with global session dynamics. Key Features: Seven toggleable session lines with distinct colors for easy identification. Time-specific logic using ET, adaptable to any chart timeframe. Persistent lines that reset daily, with Globex extending overnight. Lightweight and overlay-friendly, preserving chart clarity. How to Use: Add the indicator to your chart and enable the sessions relevant to your trading style. Watch for price interactions with these levels—e.g., bounces, breaks, or retests—especially during high-volume periods. Combine with other tools like volume or oscillators for confirmation. Note: Ensure your chart’s timezone is set to “America/New_York” (ET) for accurate alignment.
Pine Script® indicator
by FlyingSeaHorse
MA Distance (% and ATR) + Threshold CountMA Distance (% & ATR) + Threshold Count This script visualizes how far price is extended from key moving averages using both percentage and ATR-based distance. It includes a dynamic threshold system that tracks how unusually extended price is, based on historical volatility. 🔍 Features: Calculates distance from: 10 EMA, 20 SMA, 50 SMA, 100 SMA, 200 SMA Measures both: % distance from each MA ATR-multiple distance from each MA Automatically calculates dynamic upper/lower thresholds using a rolling standard deviation Plots a colored dot when distance exceeds these thresholds Dots appear above or below the bar depending on direction Color-coded summary table displays: % distance ATR distance Threshold extremes Total number of threshold hits 🎯 Customization: Toggle which MAs to display in the table Set your own lookback window and threshold sensitivity (via stdev multiplier) Show/hide dots based on how many thresholds are hit Use this tool to identify when price is overextended from its moving averages and approaching historically significant levels of deviation. Great for spotting mean reversion setups, parabolic runs, or deep pullbacks.
Pine Script® indicator
by QuesoHouseKey
ProfitPivotProfitPivot dynamically shows the difference between unit cost and current market price of an asset, both in absolute term and in percentage. Traders can ascertain the profit level of a particular asset at a glance. Traders can input or change unit cost of the asset at any time directly through attribute settings. Previous bar close price will be used by default if the unit cost is not supplied. ProfitPivot is developed by @isarab with the assistance of Copilot. It is licensed under Mozilla Public License Version 2.0.
Pine Script® indicator
by isarab
DAMA OSC - Directional Adaptive MA OscillatorOverview: The DAMA OSC (Directional Adaptive MA Oscillator) is a highly customizable and versatile oscillator that analyzes the delta between two moving averages of your choice. It detects trend progression, regressions, rebound signals, MA cross and critical zone crossovers to provide highly contextual trading information. Designed for trend-following, reversal timing, and volatility filtering, DAMA OSC adapts to market conditions and highlights actionable signals in real-time. Features: Support for 11 custom moving average types (EMA, DEMA, TEMA, ALMA, KAMA, etc.) Customizable fast & slow MA periods and types Histogram based on percentage delta between fast and slow MA Trend direction coloring with “Green”, “Blue”, and “Red” zones Rebound detection using close or shadow logic Configurable thresholds: Overbought, Oversold, Underbought, Undersold Optional filters: rebound validation by candle color or flat-zone filter Full visual overlay: MA lines, crossover markers, rebound icons Complete alert system with 16 preconfigured conditions How It Works: Histogram Logic: The histogram measures the percentage difference between the fast and slow MA: hist_value = ((FastMA - SlowMA) / SlowMA) * 100 Trend State Logic (Green / Blue / Red): Green_Up = Bullish acceleration Blue_Up (or Red_Up, depending the display settings) = Bullish deceleration Blue_Down (or Green_Down, depending the display settings) = Bearish deceleration Red_Down = Bearish acceleration Rebound Logic: A rebound is detected when price: Crosses back over a selected MA (fast or slow) After being away for X candles (rebound_backstep) Optional: filtered by histogram zones or candle color Inputs: Display Options: Show/hide MA lines Show/hide MA crosses Show/hide price rebounds Enable/disable blue deceleration zones DAMA Settings: Fast/Slow MA type and length Source input (close by default) Overbought/Oversold levels Underbought/Undersold levels Rebound Settings: Use Close and/or Shadow Rebound MA (Fast/Slow) Candle color validation Flat zone filter rebounds (between UnderSold and UnderBought) Available MA type: SMA (Simple MA) EMA (Exponential MA) DEMA (Double EMA) TEMA (Triple EMA) WMA (Weighted MA) HMA (Hull MA) VWMA (Volume Weighted MA) Kijun (Ichimoku Baseline) ALMA (Arnaud Legoux MA) KAMA (Kaufman Adaptive MA) HULLMOD (Modified Hull MA, Same as HMA, tweaked for Pine v6 constraints) Notes: **DEMA/TEMA** reduce lag compared to EMA, useful for faster reaction in trending markets. **KAMA/ALMA** are better suited to noisy or volatile environments (e.g., BTC). **VWMA** reacts strongly to volume spikes. **HMA/HULLMOD** are great for visual clarity in fast moves. Alerts Included (Fully Configurable): Golden Cross: Fast MA crosses above Slow MA Death Cross: Fast MA crosses below Slow MA Bullish Rebound: Rebound from below MA in uptrend Bearish Rebound: Rebound from above MA in downtrend Bull Progression: Transition into Green_Up with positive delta Bear Progression: Transition into Red_Down with negative delta Bull Regression: Exit from Red_Down into Blue/Green with negative delta Bear Regression: Exit from Green_Up into Blue/Red with positive delta Crossover Overbought: Histogram crosses above Overbought Crossunder Overbought: Histogram crosses below Overbought Crossover Oversold: Histogram crosses above Oversold Crossunder Oversold: Histogram crosses below Oversold Crossover Underbought: Histogram crosses above Underbought Crossunder Underbought: Histogram crosses below Underbought Crossover Undersold: Histogram crosses above Undersold Crossunder Undersold: Histogram crosses below Undersold Credits: Created by Eff_Hash. This code is shared with the TradingView community and full free. do not hesitate to share your best settings and usage.
Pine Script® indicator
by Eff_Hash
VOLD Ratio Histogram [Th16rry]How to Use the VOLD Ratio Histogram Indicator The VOLD Ratio Histogram Indicator is a powerful tool for identifying buying and selling volume dominance over a selected period. It provides traders with visual cues about volume pressure in the market, helping them make more informed trading decisions. How to Read the Indicator: 1. Green Bars (Positive Histogram): - Indicates that buying volume is stronger than selling volume. - Higher green bars suggest increasing bullish pressure. - Useful for confirming uptrends or identifying potential accumulation phases. 2. Red Bars (Negative Histogram): - Indicates that selling volume is stronger than buying volume. - Lower red bars suggest increasing bearish pressure. - Useful for confirming downtrends or identifying potential distribution phases. 3. Zero Line (Gray Line): - Acts as a neutral reference point where buying and selling volumes are balanced. - Crossing above zero suggests buying dominance; crossing below zero suggests selling dominance. How to Use It: 1. Confirming Trends: - A strong positive histogram during an uptrend supports bullish momentum. - A strong negative histogram during a downtrend supports bearish momentum. 2. Detecting Reversals: - Monitor for changes from positive (green) to negative (red) or vice versa as potential reversal signals. - Divergences between price action and histogram direction can indicate weakening trends. 3. Identifying Volume Surges: - Sharp spikes in the histogram may indicate strong buying or selling interest. - Use these spikes to investigate potential breakout or breakdown scenarios. 4. Filtering Noise: - Adjust the period length to control sensitivity: - Shorter periods (e.g., 10) are more responsive but may produce more noise. - Longer periods (e.g., 50) provide smoother signals, better for identifying broader trends. Recommended Markets: - Cryptocurrencies: Works effectively with real volume data from exchanges. - Forex: Useful with tick volume, though interpretation may vary. - Stocks & Commodities: Particularly effective for analyzing high-volume assets. Best Practices: - Combine the VOLD Ratio Histogram with other indicators like moving averages or RSI for confirmation. - Use different period lengths depending on your trading style (scalping, swing trading, long-term investing). - Observe volume spikes and divergences to anticipate potential market moves. The VOLD Ratio Histogram Indicator is ideal for traders looking to enhance their volume analysis and gain a deeper understanding of market dynamics.
Pine Script® indicator
by Th16rry
Killzones (UTC+3) by Roy באנגלית (Professional Style): This script highlights the key Forex/Indices trading Killzones in Israel Time (UTC+3), including background colors and dynamic labels for: Asian Session: 02:00–08:00 London Open: 10:00–12:00 New York Open: 14:00–17:00 London Close: 18:00–19:00 These are the hours with high institutional activity and increased market volatility – ideal for smart intraday setups. ✨ תיאור הסקריפט: סקריפט זה מציג באופן ויזואלי את אזורי המסחר הפעילים ("Killzones") לפי שעון ישראל (UTC+3), כולל רקע צבעוני ותוויות טקסט לכל אזור חשוב: 🟤 Asian Killzone – בין השעות 02:00–08:00 🟢 London Killzone – בין השעות 10:00–12:00 🔵 New York Killzone – בין השעות 14:00–17:00 🔴 London Close – בין השעות 18:00–19:00 אידיאלי לסוחרים המחפשים לזהות מתי השוק נמצא בשיא התנודתיות והנפח.
Pine Script® indicator
by edenalgrisi1
Multi EMA + VWAP LevelsThis script combines the power of Exponential Moving Averages (EMAs) and VWAPs to give you a clear view of market trends, momentum, and institutional value zones — all in one simple visual layout. 📈 What It Includes: ✅ 4 customizable EMAs: EMA 20 (Green) – Short-term trend EMA 50 (Orange) – Mid-term support/resistance EMA 150 (Red) – Longer trend confirmation EMA 200 (White) – Institutional level trend direction ✅ 3 VWAPs with toggle control: Daily VWAP (Purple) – Intraday institutional average Weekly VWAP (Teal) – Swing-trader reference Monthly VWAP (Fuchsia) – Macro value zone 🎯 How to Use: Follow the trend with EMAs — when aligned, trend strength is confirmed. Use VWAPs as dynamic support/resistance and value areas. Avoid chasing price — wait for retests near EMAs or VWAP zones. Combine this with price action or volume signals for precision entries. 💡 Ideal For: Day traders Swing traders Anyone looking to identify key dynamic levels for better entries/exits
Pine Script® indicator
by OliveOne
Moving Average 50+200+365Moving Average 50+200+365 What Are the 50, 200, and 365 Moving Averages for CRYPTOCAP:BTC ? A Moving Average (MA) smooths out price data over a specified number of periods to reveal trends by filtering out short-term noise. For Bitcoin, these periods (50, 200, and 365) are typically applied on a daily chart, meaning they represent 50 days, 200 days, and 365 days, respectively. 50-period MA: A medium-term indicator, covering about 1.5–2 months (50 trading days), used to identify shorter-term trends in Bitcoin’s price. 200-period MA: A long-term indicator, spanning roughly 9–10 months (200 trading days), widely used to gauge Bitcoin’s overall trend. 365-period MA: A very long-term indicator, covering a full year (365 days), often used to assess multi-year trends or significant support/resistance levels in Bitcoin’s market cycles.
Pine Script® indicator
by QOMCAW
Gold Futures vs Spot (Candlestick + Line Overlay)📝 Script Description: Gold Futures vs Spot This script was developed to compare the price movements between Gold Futures and Spot Gold within a specific time frame. The primary goals of this script are: To analyze the price spread between Gold Futures and Spot To identify potential arbitrage opportunities caused by price discrepancies To assist in decision-making and enhance the accuracy of gold market analysis 🔧 Key Features: Fetches price data from both Spot and Futures markets (from APIs or chart sources) Converts and aligns data for direct comparison Calculates the price spread (Futures - Spot) Visualizes the spread over time or exports the data for further analysis 📅 Date Created: 🧠 Additional Notes: This script is ideal for investors, gold traders, or analysts who want to understand the relationship between the Futures and Spot markets—especially during periods of high volatility. Unusual spreads may signal shifts in market sentiment or the actions of institutional players.
Pine Script® indicator
by SantaFX