The Targets For Overlay Indicators is a useful utility tool able to display targets during crossings made between the price and external indicators on the user chart. Users can display a series of two targets, one for crossover events and another one for crossunder event. Alerts are included for the occurrence of a new target as well as for reached targets. 🔶 ...
The Targets For Many Indicators is a useful utility tool able to display targets for many built-in indicators as well as external indicators. Targets can be set for specific user-set conditions between two series of values, with the script being able to display targets for two different user-set conditions. Alerts are included for the occurrence of a new target...
Full Name: Risk Management GO8686: Stop Loss, Position Size & Target What this indicator provides: A dashboard to calculate Stop Loss, Position Size and Target, where users can customize Risk Management parameters in the setting. Position Size: calculated from "initialCapital", "Leverage", "Max Loss", "feeMaker", "feeTaker". Stop Loss Price: using pivots, default...
Strategy Description: Range Breaker The Range Breaker strategy is a breakout trading strategy that aims to capture profits when the price of a financial instrument moves out of a defined range. The strategy identifies swing highs and swing lows over a specified lookback period and enters long or short positions when the price breaks above the swing high or below...
It is known that direction of trend detected with the MACD indicator is estimated according to the ascending or descending direction of the histogram. The histogram in turn depends on the value of the difference between the MACD line and the signal line. So, to consider that the histogram maintains a trend, it is necessary that the current value of the histogram...
WOAH Order Scaling! This Provides a user with methods to create a list of profit targets and order sizes which grow or shrink. For size, the will add up to specific sum. for Targets they will include the first and last, and can lean towards either, to scale the order grid. And thanks to @Hoanghetti for the markdown, i've included a basic usage example within...
This is a simple trend trading companion indicator for Hayden's Advanced RSI, which can be found here: For best results, please be sure your oscillator and chart companion settings match. Detailed trade information & statistics can be found when hovering over any of the indicator labels. The backtesting results are not calculated the same as TradingView, and the...
First of all, I would like to thank the author @LonesomeTheBlue. This indicator developed on the source code "Point and Figure (PnF)" by author @LonesomeTheBlue. This indicator calculate the range (Cause) of Phase accumulation or distribution to calculate the taget (Effect) based on the Wyckoff Method. Formula for calculate move value target : Col * BoxSize *...
Experienced traders always tell us that “Never trade against the trend.” or “Trend is our friend.”. Yes sure, no one wants to trade against the trend. However, there are a lot of trends with different types and cycles, then which trend to follow, which trend they are mentioning? This tool (also known as ALTT x16, Laser Net x16) will support us in identifying...
Not quite the usual approach to plotting targets on the chart, where the price will come with a given probability. The indicator draws targets by studying the ATR of the target timeframe. More precisely, this is not exactly an ATR - the price move is taken from the closing price of the previous bar and is calculated both up and down separately. The settings...
This code shows expected reaction target prices after sudden moving based on MFI . Red area means the price is on overbought area, green area means the price is on oversold area. If you see red area under price, you can make short option to next to the horizontal beginning price of red area. If you see green area over price, you can make long option to next to the...
In many strategies, it's quite common to use a scaled ATR to help define a stop-loss, and it's not uncommon to use it for take-profit targets as well. While it's possible to use the built-in ATR indicator and manually calculate the offset value, we felt this wasn't particularly intuitive or efficient, and could lead to the potential for miscalculations. And...
The Taylor rule is a simple formula that John Taylor devised to guide policymakers. It calculates what the federal funds rate should be, as a function of the output gap and current inflation. Here, we measure the output gap as the difference between potential output and real GDP. Inflation is measured by changes in the CPI, and we use a target inflation rate of...
These pivots are based on calculations that i have been using for quite some time. I'm sure There is no need to explain on how to use pivots. Labels are given to understand and you can Msg me here or comment if u need any explanation. I have given few examples below.. check i t out XAUUSD BTCUSD Nifty Banknifty
A simple indicator that uses Pivot Points as a filter and to generate a Directional Bias . How to use this indicator? 1. Directional Bias Bullish => Closing Price > Pivot Point Bearish => Closing Price < Pivot Point 2. Support / Resistance Each Pivot Points can be used as Support or Resistance 3. Take Profit Targets Each Pivot...
Price Target percent drop is an indicator that allows you to set default percentage down from the 52 week high. A pullback, correction, bear and a bear market is marked as a 5%, 10%, 20% or 40% drop from the 52 week highest price, so this will show the target price to buy at if these thresholds are hit. You can change the default values of 5%, 10%, 20% and 40%...
GRAVITY RATIO must be used for taking PROFIT and EXIT from the trade. 1) Whenever Gravity Ratio value is near or more than 2 (general limit), it is assumed that move is extended and traders should look for booking out some or full profits (as per their initial trade plan) 2) Gravity Ratio considers length of price movement. And every stock has its own behavior,...