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!
Trailingstop
Moving Average - fade when crossed [cajole]This indicator simply provides a moving average (SMA, EMA, etc. can be selected) which hides itself when touched by the price.
Two potential uses:
Set the growth rate to be slow, to highlight only very rapid moves on a chart.
Use the default settings and change the averaging period until the MA line remains bright. This MA can then act as a good trailing stop for the specific security.
TradingView does not remember indicator settings for specific charts. Consider adding a text label to your chart after you identify the ideal trailing stop. Similar trailing-stop methods are recommended by Kristjan Qullamagie is identical to Jesse Stine's "magic line" concept .
Trailing Stop SnippetThis is an example snippet that should allow for adding a trailing stop and trailing stop activation to almost any script.
You can use it by setting a trailing stop alone. This will provide you standard trailing stop functionality allowing you to lock in profits and increase your stop-loss as the price moves in your direction.
You can also set the trailing stop activation to trigger the original trailing stop at a certain level. "Once price rises 5%, set a trailing stop at break even". This would be set as 5 and 5 in the settings.
[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!
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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)
3 EMAs: Daily fixed and custom timeframe (cajole)Simply adds 3 exponential moving averages (EMAs) to the chart. Two are fixed to the daily scale (e.g., 200 and 50 days) and one adjusts to the chart's scale (e.g. 8 bars).
To use the 8-EMA as a trail stop, you can enable labels on the plot or on the price axis.
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.
AlphaTrend Strategy with Trailing SL %this is a modified version of AlphaTrend Strategy with added trailing Stop Loss
this is my first script that I have added to tradingview community
the trailing SL makes it very effective to lower the losses and can improve the overall return
R:R Trading System FrameworkFirst off, huge thanks to @fikira! He was able to adapt what I built to work much more efficiently, allowing for more strategies to be used simultaneously. Simply put, I could not have gotten to this point without you. Thanks for what you do for the TV community. Second, I am fairly new to pinescript writing, so I welcome criticism, thoughtful input and improvement suggestions. I would love to grow this concept into something even better, if possible. So please let me know if you have any ideas for improvement. However I do juggle a lot of different things outside of TV, so implementations may be delayed.
I have decided, at this time, not to add alerts. First, because I feel most people looking to adapt this framework can add their own pretty easily. Also, given how customized the framework is currently, while also attempting to account for all the possible ways in which people may want alerts to function after they customize it, it seems best to leave them out as it doesn't exactly fit the idea of a framework.
For best viewing, I recommend hovering over the script's name > ... > Visual order > Bring to front. Also I found hollow candles with mono-toned colors (like pictured) are more visually appealing for me personally. I HIGHLY RECOMMEND USING WITH BAR REPLAY TO BETTER UNDERSTAND THE FRAMEWORK'S FUNCTIONALITY.
▶️ WHAT THIS FRAMEWORK IS
- A huge collection of concepts and capabilities for those trying to better understand, learn, or teach pinescript.
- A system designed to showcase Risk:Reward concepts more holistically by providing all of the most popular components of retail trading to include backtesting, trade visual plotting, position tracking, market condition shifts, and useful info while positioned to help highlight changes in your risk:reward based decision-making processes.
- A system that can showcase individual strategies regardless of trade direction, allowing you to develop hedging strategies without having multiple indicators that do not correlate with each other.
- Designed around the idea that you trade less numbers of assets but manage your positions and risk based on multiple concurrently running strategies to manage your risk exposure and reward potential.
- An attempt to combine all the things you need to execute with an active trading management style.
- A framework that uses backtested results (in this case the number of averaged bars it takes to hit key levels) in real-time to inform your risk:reward decision-making while in-trade (in this case in your Trade Tracking Table using dynamic color to show how you might be early, on-time, or late compared to the average amount of backtested time it normally takes to hit that specific key level).
▶️ WHAT THIS FRAMEWORK IS NOT
- A complete trading product. DO NOT USE as-is. It is a FRAMEWORK for you to generate ideas of your own and fairly easily implement your own triggering conditions in the appropriate sections of the script.
▶️ USE CASES
- If you decide you like the Stop, Target, Trailing Stop, and Risk:Reward components as-is, then just understanding how to plug in your Entry and Bullish / Bearish conditions (Triangles) and adjust the input texts to match your custom naming will be all you need to make it your own!
- If you want to adapt certain components, then this system gives you a great starting point to adapt your different concepts and ideas from.
▶️ SYSTEM COMPONENTS
- Each of the system's components are described via tooltips both in the input menu and in the tables' cells.
- Each label on the chart displays the corresponding price at those triggered conditions on hover with tooltips.
- The Trailing Stop only becomes active once it is above the Entry Price for that trade, and brightens to show it is active. The STOP line (right of price) moves once it takes over for the Entry Stop representing the level of the Trailing Stop at that time for that trade.
- The Lines / Labels to the right of price will brighten once price is above for Longs or below for Shorts. The Trade Tracking Table cells will add ☑️ once price is above for Longs or below for Shorts.
- The brighter boxes on the chart show the trades that occurred based on your criteria and are color coded for all components of each trade type to ensure your references are consistent. (Defaults are TV built-in strategies)
- The lighter boxes on the chart show the highest and lowest price levels reached during those trades, to highlight areas where improvements can be made or additional considerations can be accounted for by either adjusting Entry triggers or Bullish / Bearish triggers.
- Default Green and Red Triangles (Bullish / Bearish) default to having the same triggering condition as the Entry it corresponds to. This is to highlight either a pyramiding concept, early exit, or you can change to account for other things occurring during your trades which could help you with Stop and Target management/considerations.
TradingView and many of its community members have done a lot for me, so this is my attempt to give back.
DEMA Supertrend Bands [Misu]█ Indicator based on DEMA (Double Exponential Moving Average) & Supertrend to show Bands .
DEMA attempts to remove the inherent lag associated with Moving Averages by placing more weight on recent values.
Supertrend aims to detect price trends, it's also used to set protective stops.
█ Usages:
Combining Dema to calculate Supertrend results in nice lower and upper bands.
This can be used to identify potential supports and resistances and set protective stops.
█ Parameters:
Length DEMA: Double Ema lenght used to calculate DEMA. Dema is used by Supertrend indicator.
Length Atr: Atr lenght used to calculate Atr. Atr is used by Supertrend indicator.
Band Mult: Used to calculate Supertrend Bands width.
█ Other Applications:
The mid band can be used to filter bad signals in the manner of a more classical Moving Average.
Parabolic SAR Oscillator [LuxAlgo]This indicator is a detrended price series using the Parabolic Stop and Reverse (SAR) trailing stop, resulting in a bounded oscillator in the range (-100, 100). The SAR output is also normalized to obtain a noiseless oscillator which can complement the detrended price.
Settings
Start: Initial value of the convergence factor used when a new trend is detected by the SAR
Increment: Increment value of the convergence factor
Maximum: Maximum value of the convergence factor
Usage
The price is detrended by subtracting the closing price to the SAR, this result is then normalized.
An up-trending market is indicated once the normalized SAR reaches -100, while a value of 100 indicates a down-trending market. One can anticipate trends when the normalized SAR crosses above/under 0.
The converging nature of the SAR trailing stop allows for the trader to obtain a very apparent leading oscillator.
Movable Stop + Trail + Alerthello everybody !
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this indicator helps you to get a better trading setting.
it's similar to the default draw tool from the trading view but the difference is you can add Trail stop and Alert .
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It also helps to free accounts to set more than 1 Alarm !!!
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Alert setting
just remember after you see set an alert if you change stop or entry, the alert will work with previous values/settings.
so you need to recreate an alert.
also don't change alert setting
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indicator setting
How is it works ?
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settings
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everything on :
you can see the information on the table
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short sample :
everything on
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simple short trade setting:
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my goal is to upgrade this indicator with your ideas.
not financial advice !
please , share your ideas with me to improve the indicator
I would like to see what you think about this indicator <3
also if you have any ideas to create an indicator or strategy you can make contact with me .
have a great day.
Pinbar trailing stop strategyThe strategy finds the nearest pinbar pattern and opens a position (long or short). You choose your take profit and stop loss multiplier.
Take Profit - X times the pinbar size from it's highest point.
Stop loss - X times the pinbar size from it's lowest point.
You can find more detailed screenshots and the source-code on my github page: samgozman/pinbar-strategy-tradingview
Rob Hoffman's 50/80/90/Price Trailing Stop LossA trailing stop loss method by Rob Hoffman.
Set your entry, TP, and SL.
Once price is 50% of its way to the TP, set your stop loss at the gray line.
Once price is 80% of its way to the TP, set your stop loss at the light gray line.
Once price is 90% of its way to the TP set your stop loss at the white line.
EMA Mean Reversion StrategyThis strategy is built on the simple idea that when the price gets far enough away from an EMA, it's bound to reverse. This strategy uses the percent distance the price is from the EMA to trigger ladder orders and sells when the price crosses a trailing stop. This strategy uses the EMA Price Distance Tracker indicator .
Dillon's Double VWAP StrategyThis is based on Dillon's double VWAP strategy.
I enters when the ADX is low (aka not a trending market) and it's not close to the VWAP reset. Check it out.
StopLossThat indicator helps us to determine the stop loss levels or prices in terms of atr levels. It includes 4 (four) options which are 1-Don't Risk, 2-Low Risk, 3-High Risk, 4-Risk Lover their exploding rates are 1-2.4% , 2-3.9% , 3-6.7% , 4-16.7% in sort. It helps us to produce new methods to decreace our risk/reward ratio. It is ATR Trailing StopLoss indicator. The indicator is awesome in terms of comfortable. Thanks and waiting for your feedbacks.
Kahlman HullMA / WT Cross StrategyA strategy created using Hull Moving Average and WT Cross .
Hull Moving Average turns green and WT Cross crossover this is a long. Otherwise short.
Stop Loss and Take Profit settings are available. You can set it to the level you want or turn it off.
According to my measurements, it shows the best performance in the 4-hour period. But you can find the best settings that are correct from the Strategy settings.
Pivot Based Trailing Maxima & Minima [LuxAlgo]This indicator returns trailing maximums/minimums and the resulting average, each resetting on the occurrence of a pivot point high/low, thus allowing to highlight past and current support and resistance levels.
Note that the user has the option to make the indicator subject to backpainting or not. Backpainting would offset the indicator output to the past and as such would be less suited for real-time applications.
🔶 USAGE
🔹 Non Backpainting
The indicator can highlight points of support and resistance given by the trailing maximum/minimum average.
An uptrend is indicated when the trailing maximum is making a new higher high, while a downtrend is indicated when the trailing minimum makes a new lower low.
🔹 Backpainting
When backpainting is enabled the historical trailing maximum/minimum and their resulting average are offset to the past. However, we extend these to the most recent bar, allowing for real-time applications of the indicator.
Users can easily analyze past trends and determine their type by observing the trailing maximum/minimum behavior. For example, trailing maximums/minimums not making new higher high/lower low would indicate a ranging market.
The frequency of new higher high/lower low can also help determine how bullish/bearish a trend was.
🔶 SETTINGS
Length: Determines the pivot high/low lookback, with higher values allowing to detect longer-term tops and bottoms.
Backpaint: Determine if the indicator is subject to backpainting. Enabling this setting would offset the returned results in the past.
Trend Step - TrailingTrend Step - Trailing Stop is a moving average-based trailing stop that moves in pre-defined steps. In this way, the user can set the number of pips/points they want the trailing to move in relation to the movements in the average. You can also see it as trend steps. Every step represents the trend movement.
Usage
Use it as a trailing stop or as a trend direction tool.
Disclaimer: No financial advice, only for educational/entertainment purposes.
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.
ST_trailingThe trailing indicator. If ohlc4 becomes "Percent activate trail" above the entry price set by the value and entry date, then the trailing function is activated, which is considered as the maximum ohlc4 for the time in the position minus "Percent activate trail" multiplied by "koeff trail"
ATR Trailing Stop v5 One of my favorite stops is the ATR Trailing Stop-loss. With the implementation of PineScript v5, a code update was needed in order to use this stop/exit-strategy with newer strategy scripts. A timeframe selector that was not featured on earlier versions is also included. This new version can be plugged into PineScript v5 strategies, and also has a simpler/cleaner code that makes the code logic easier to follow than prior versions.
For those that are unfamiliar with the ATR Trailing Stop exit strategy; it is a trailing stop that takes into account the volatility of the underlying asset by trailing the price series using a multiple of the Average True Range (ATR). In practice I’ve found that this exit can be more effective than traditional trailing stops, depending on the volatility of the asset you are trading. More detailed information can be found at www.stockopedia.com
How do I use it? Add it to your chart as an indicator to visualize where the ATR stop would be with your settings. Or, copy and add it to your v5 strategy with the addition of a ta.crossunder(close, ATRTrailingStop) or ta.crossover(close, ATRTrailingStop) function. Special thanks and credit to HPotter who coded an earlier version of this in pine!
SuperTrend+ CleanedSimilar to SuperTrend+ which allows for confirmation bars.
Differences:
Limited to SMA calculation of average true range.
Can filter outlier volatility.
Can apply a standard deviation to the ATR value.
