Anti-trap Trailing Stop Loss by KalyanBeta or ATSL ATSL changes color when there it identifies price manipulation/ SL Hunting / Traps by Smart Money. Change in color may be an exit signal for your trade in current direction. This is a very simple indicator which can be used to predict Traps or Stop-loss hunting. This can help in Trailing Stop-loss and in...
This study implements a simply scalping using the RSI (calculated on two periods), the slopes of two MAs (EMA or SMA) having different lengths (by default, I use 50 and 200). A take profit (%) and a trailing stop loss (%) are used. Entry conditions: .) Fast MA > Slow MA and Price > Slow MA and RSI < Oversold Threshold ------> go Long .) Fast MA < Slow MA and...
=========== Percent Trailing Stop (%) - { FOR STUDY SCRIPTS } =========== Wow - this is an example of how to implement Alerts relating to a Trailing Stop (%) within your Study Script. It's taken a bit of effort to get this working but I think we got there! Alerts include Open Long/Short, Trailing Stop Hit, and (the most important one) Movement of Trailing...
I share this TSL indicator with alert (I use it only for Stocks), the configuration is very simple, you must select if it is a Short or Long operation, time at which the operation was opened,% of the daily ATR for TSL. It also contains: - Alert - Panel Info
How To Work? (long Side Stoploss) This Indicator Calculate Every New Candle Open Price For Example, Candle Open Price 50 And You Set 1 Point Stoploss Then Your Stoploss Automatically Add 49 Then Next Candle Open Price 52 Your Stoploss Automatically Trail 51 Then Next Candle Price 51.5 But Your Stoploss 51 Fix Because Price Down But Stop Loss Not...