A complete ATR Trailing Stop Loss in version 5.
Features Include:
Timeframe Option
Long/Short Triggers (Green/Red Triangles)
Long/Short Conditions (Bottom Colored Line)
"Golden" Long/Short Triggers (Yellow Triangles)(Hanging Man or Shooting Star Candlestick patterns breaking ATR trailing stop)
Alerts
This script is meant to be used as a generic template for new strategies. Take Profit, Stop Loss logic is provided out of the box with (or without) their trailing variations while the trailing for entry and exit orders can also be enabled and be configured!
Custom quantity risk management is provided along with the ability to set custom signal messages that can be...
This script demonstrates how to do trailing buy. With this approach, given an entry signal, instead of buying directly, you just follow the price downwards (for long positions) and you buy when the price increases by a small percentage. The order will be executed when the next bar is closed. This approach may increase the profits (slightly) in some strategies!...
![BTCUSDT.P: ATR Trailing Stop Loss [V5]](https://s3.tradingview.com/y/YqSnK3KQ_mid.png "ATR Trailing Stop Loss [V5]")
