Position Size Calculator Instructions Overview The Position Size Calculator is designed to help traders automatically determine the appropriate lot size based on the dollar amount they are willing to risk. It includes features for automatic lot sizing, fixed lot risk calculations, take profit calculations (both automatic and fixed), max run-up, and max...
The code is mainly developed for me to stimulate the multi-step taking profit function for strategies. The result shows the drawdown can be reduced but at the same time reduced the profit as well. It can be a heuristic for futures leverage traders. █ Introduction and How it is Different The "Strategic Multi-Step Supertrend" is a trading strategy designed to...
This indicator utilizes a biquad low pass filter to smooth out price data, helping traders identify trends and reduce noise in their analysis. The Length parameter acts as the length of the moving average, determining the smoothness and responsiveness of the filter. Adjusting this parameter changes how quickly the filter reacts to price changes. The Q Factor...
I have developed a Pine Script indicator on TradingView designed to demonstrate how to automate execution for ten instruments. This example utilizes a straightforward, Simple Moving Average (SMA) indicator. You can use it as a template, but use your indicator. The indicator computes long/short signals based on the crossing of the SMA using the security...
Description: The Adjustable Trailing Stop Indicator is a practical tool designed to enhance your trading strategy by allowing for automatic modifications of stop-loss orders according to your specified parameters. This indicator provides a dynamic alternative to the traditional static stop-loss orders, assisting in managing your potential profits and curbing...
### Weekday Signal Indicator #### Overview The "Weekday Signal " indicator offers a method for triggering entry and exit signals based on specific weekdays and defined trading sessions. This allows traders to tailor their strategies to time slots and days, ensuring strategic execution and optimal trading periods. Additionally, this indicator exposes signals...
Large Shadow Detector for TradingView This Pine Script indicator highlights candles with shadows (wicks) exceeding a customizable threshold in points on the XAU/USD chart, specifically for the 1-hour timeframe. Key Features: Customizable Shadow Threshold: An input field allows users to set the threshold for detecting large shadows. The default is set to 3400...
The "Custom Text Display" indicator allows users to display customizable text in a fixed position in the bottom-right corner of their chart. Each text entry can have its own color, which can be set in the indicator's settings. Follow these steps to set up and use the indicator effectively: Adding the Indicator to Your Chart: Apply the "Custom Text Display"...
Overview The "Watermark" indicator by PineWave is designed to display customizable text as a watermark on your TradingView charts. This can include the chart symbol, timeframe, current time, date, and day of the week. You can personalize the appearance and placement of the watermark to suit your preferences. This script is an improved version of the original...
Support and resistance are fundamental concepts in technical analysis used to identify price levels on charts that act as barriers, preventing the price of an asset from getting pushed in a certain direction. Here’s a detailed description of each and how breakout strategies are typically used: Support Support is a price level where a downtrend can be expected to...
Sure! Here is a detailed description and usage guide for your TradingView indicator: ### Indicator Description **Title**: 1000SATS/ORDI Market Cap Ratio **Description**: The "1000SATS/ORDI Market Cap Ratio" indicator calculates and visualizes the market capitalization ratio between 1000SATS and ORDI. This indicator allows traders and investors to analyze the...
Overview The Custom Watermark Indicator is a versatile Pine Script tool designed to enhance your TradingView charts with personalized text elements. This indicator allows users to add custom quotes and symbol information directly onto their charts, providing a unique way to display motivational messages, trading information, or any other text-based...
Display the times when the CME is or isn't trading, on a non-CME symbol. The Chicago Mercantile Exchange hours are usually from 17:00 one day to 16:00 the next, with an hour's break. Trading halts from Friday evening to Sunday evening. The exchange is in Chicago. You might want to display these hours if you trade the same asset on a different exchange. For...
SLOPED Trailing SL with ATR I thought capital is sometime locked for long periods s when volatility is low, hence: SLOPED Trailing SL with ATR This indicator provides a trailing stop loss that dynamically adjusts based on the Average True Range (ATR) and incorporates a user-defined upward slope on flat areas. It is designed to follow the price movement more...
This is a super simple script, not intended to be used as a standalone script . This script contains a custom function that can convert an equity symbol into a future contract symbol. You can embed this in your script if, for some reason, you want to convert your equity symbols into future contracts. Note: This script is created especially for Indian...
This tool is created to gather multiple oscilators condition under the same umbrela and back-test your idea. Basically the only intention of this tool is to used in combination with a back-tester indicator ( or manually ) where you get the entry based on the cumulative signals provided by this tool. For example you can to combine RSI , MACD, CCI, Keltner...
This is a simple indicator that has been designed to aid intraday trading and has only 1 function; Information ℹ️ This indicator prints Horizontal Lines in a separate chart pane above/below for the 3 main session killzones in the markets; Asia, London & New York + Optimal Exit Time. The indicator is only visible up to and including the 1h timeframe. ...
This is a simple indicator that aids the trader in being able to visualise each trading day of the week; Key Features Weekly Open Line Daily Open Line Option for Background Lines Weekly & Daily Open Lines Information ℹ️ These are vertical lines that are anchored to the hour of the Weekly Open and the hour of each Daily Candle Open. The settings...