Library "RiskManagement" This library keeps your money in check, and is used for testing and later on webhook-applications too. It has four volatility functions and two of them can be used to calculate a Stop-Loss, like Average True Range. It also can calculate Position Size, and the Risk Reward Ratio. But those calculations don't take leverage into account. ...
Using Pinescript to create custom Risk Reward Ratio (RRR) boxes with custom vertical time markers to help traders stay mindful of how long they've been in a trade. //Usage: -Add indicator to chart and you'll be prompted to click three times: -- 1: Choose time (clicking last bar will mark entry as current candle's open). -- 2: Click BOX TOP of RRR box on...
This is an alert/notification system consisting of the building on the following existing indicators: Hull Suite by InSilico Follow Line Indicator by Dreadblitz QQE MOD by Mihkel00 It is not my strategy - it is based on a video I watched. It will give and alert/notification once the following conditions are aligned: Bullish Alert Hull Suite Line Fully...
Little tool to quickly identify stops and take-profit levels based on Average True Range. User can change ATR multipiers, as well as the ATR length used. Green and red lines show these levels; plot is visible over last 8 bars only to reduce clutter. Label showing the current ATR, up above the last bar