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Buscar en scripts para "range"

Average True Range (ATR %) Stop Loss CalculatorThis indicator takes the average of a series of ATR to calculate what I would consider an optimum stop loss placement represented in percentage (read below for full overview). While the data is plotted what is most helpful are the actual numbers presented and for my charts I remove most of the plotting. This indicator is most helpful on the daily timeframe but can be used for all timeframes such as the 4HR, 1HR or even 15M. This indicator should not be used alone. It should be used in conjunction with proper price action analysis. It’s also a great indicator if you chart using Value Channels. Ideally you want your stop placement to be below at least one core Value Channel boundary range. In addition to standard support and resistance and some key moving averages the market respects. This also works best when trading with the prevailing BIAS of the instrument (bull or bear). Cryptos: Generally, that means you’re buying on retracements that fit the end of a structured move. The other option is using this in a clear up trending market where the pull backs are clearly being supported with buying. FOREX: I built another indicator for FOREX search: ATRPIPS with SL WTI: Helpful but I have different rules for when I trade WTI. I rely upon VCs and diagnal VCs much more when trading this. Equities: Helpful but with the increase of volatility as well as uncertainty of Bias of the market-- this should be used as more of a guide than What is most important is the actual percentage numbers but I've found graphing 1-3 of the actual ATRs is helpful. The rest just uncheck the checkbox in the options. Indicator Overview: Value 1 - 3 Period ATR (maroon) Value 2 - 7 Period ATR (green) Value 3 - 30 Period ATR (blue) Value 4 - 90 Period ATR (blue, bold) Value 5 - 1 Period ATR (green) Value 6 - 1 Period ATR (red) Value 6 – Prime Stop Loss Placement (maroon). This is the average of all above ATRs multiplied by 1.5 Value 7 - Move Left (red). Experimental value. This is the difference between (prime stop loss) and 1 day period move. Two ways to use this value. Use as a tighter stop loss placement. The other option is to use as a retrace target for purchase and using the Prime Stop Placement value as you’re stop loss. All ATRs use the LOW price of the period. After testing both the low and close I’ve settled on the low to capture the most volatility you will typically experience. Once again, this indicator should be used in conjunction with your proven trade system. Also, by knowing what the values are within the indicator you could just eye ball what would be the best stop placement depending on the ATR or 1 or 2 ATRs you find most represent the volatility of what you are trading. I will be expanding on this indicator by bringing in average measured moves as well as volume analysis and most likely with color changes and modifications. Background: While using and refining my trade system I've noticed that most moves happen in 3 periods. So we start there. The 7 period is good for a 24 hour market such as crypto (although weekend trading can be a hit or miss) and to some extent FOREX. The longer periods of 30 & 90 are to smooth out the data set. The final value of the 1 period is to bring a little more recency to the calculation. Why multiply the average by 1.5? I've found in my own trading and system I built to be the best placement (in conjunction with VCs) to ensure you're stop isn't to close and is within the instrument you are trading volatility . I'm looking at making this more intelligent as well as take into account volume and structured moves.
Indicador Pine Script®
por RexDogActual
2
Average True Range Stop Loss CalculatorThis indicator takes the average of a series of ATR to calculate what I would consider an optimum stop loss placement represented in percentage (read below for full overview). While the data is plotted what is most helpful are the actual numbers presented. This indicator is most helpful on the daily timeframe but can be used for all timeframes such as the 4HR or 1HR. This indicator should not be used alone. It should be used in conjunction with proper price action analysis. It’s also a great indicator if you chart using Value Channels. Ideally you want your stop placement to be below at least one core Value Channel boundary range. In addition to standard support and resistance and some key moving averages the market respects. This also works best when trading with the prevailing BIAS of the instrument (bull or bear). Cryptos: Generally, that means you’re buying on retracements that fit the end of a structured move. The other option is using this in a clear up trending market where the pull backs are clearly being supported with buying. FOREX: I use this in my FOREX swing trades for my stop placements. Keep in mind I primarily trade my trade system and use this indicator to ensure my stop placements I define based on VCs are within the ATR tolerance. I’ve found that ATR * 1.5 is the best for my trade system. WTI: Helpful but I have different rules for when I trade WTI. I rely upon VCs and diagnal VCs much more when trading this. Equities: Helpful but with the increase of volatility as well as uncertainty of Bias of the market-- this should be used as more of a guide than Indicator Overview: Value 1 (maroon): 3 Period ATR Value 2 (green): 7 Period ATR Value 3 (blue): 30 Period ATR Value 4 (blue, bold): 90 Period ATR Value 5 (green): 1 Period ATR Value 6 – Prime Stop Loss Placement (red): Average of all above ATR multiplied by 1.5 Value 7 (red): Difference between Value 6 (prime stop loss) and current period move. This is an experimental value. Two ways to use this value. Use as a tighter stop loss placement. The other option is to use as a retrace target for purchase and using the Prime Stop Placement value as you’re stop loss. All ATRs use the LOW price of the period. After testing both the low and close I’ve settled on the low to capture the most volatility you will typically experience. Once again, this indicator should be used in conjunction with your proven trade system. Also, by knowing what the values are within the indicator you could just eye ball what would be the best stop placement depending on the ATR or 1 or 2 ATRs you find most represent the volatility of what you are trading. I will be expanding on this indicator by bringing in average measured moves as well as volume analysis and most likely with color changes and modifications. Background: While using and refining my trade system I've noticed that most moves happen in 3 periods. So we start there. The 7 period is good for a 24 hour market such as crypto (although weekend trading can be a hit or miss) and to some extent FOREX. The longer periods of 30 & 90 are to smooth out the data set. The final value of the 1 period is to bring a little more recency to the calculation. Why multiply the average by 1.5? I've found in my own trading and system I built to be the best placement (in conjunction with VCs) to ensure you're stop isn't to close and is within the instrument you are trading volatility. I'm looking at making this more intelligent as well as take into account volume and structured moves.
Indicador Pine Script®
por RexDogActual
9
0.382 Fibonacci Line of Trailing 1-year Price RangeYou may try adding this Line to your daily charts. It represents the 0.382 Fibonacci level of the trailing 1-year Price Range. If price is above this line, then it is in Bullish Territory and long entries can be looked for. According to backtesting I've done, price being above the 0.382 Fibonacci and/or the 200d sma are the 2 best determinants of qualifying an equity to be in Bullish Territory on the daily chart.
Indicador Pine Script®
por ckochiya
3
GCM MACD based Range OscillatorGCM MACD based Range Oscillator (MRO) Introduction The GCM MACD based Range Oscillator (MRO) is a hybrid technical indicator that combines the momentum-tracking capabilities of the classic MACD (Moving Average Convergence Divergence) with a custom Range Oscillator. The core problem this script solves is normalization. Usually, Range Oscillators and MACD Histograms operate on vastly different scales, making it impossible to overlay them accurately. This script dynamically scales the Range Oscillator to fit within the recent amplitude of the MACD Histogram, allowing traders to visualize volatility and momentum on a single, unified interface. How It Works (The Math) 1. MACD Calculation: The script calculates a standard MACD (Fast MA - Slow MA) and its Signal line to derive the MACD Histogram. 2. Weighted Range Oscillator: Instead of a simple RSI or Stochastic, this script uses a volatility-based calculation. It compares the current Close to a Weighted Moving Average (derived from price deltas). 3. Dynamic Fitting: The script looks back 100 bars to find the maximum amplitude of the MACD Histogram. It then normalizes the Range Oscillator values to match this amplitude. 4. Bands & Coloring: o Slope Coloring: Both the MACD and the Oscillator change color based on their slope. Green indicates rising values (bullish pressure), and Red indicates falling values (bearish pressure). o Fixed Bands: Horizontal bands are placed at +0.75 and -0.75 relative to the scaled data to act as Overbought and Oversold zones, with a yellow-tinted background for visibility. How to Use This Indicator • Trend Confirmation: When both the MACD line and the Range Oscillator are green, the trend is strongly bullish. When both are red, the trend is bearish. • Contraction & Expansion: The yellow zone (between -0.75 and +0.75) represents the "equilibrium" or ranging area. Breakouts above the Upper Band (+0.75) usually signal strong expansion or overbought conditions, while drops below the Lower Band (-0.75) signal oversold conditions. • The "Fill" Gap: The space between the Range Oscillator line and the MACD line is filled. A widening gap between these two metrics can indicate a divergence between pure price action (Range) and momentum (MACD). • High/Low Marks: Small markers are plotted on the most recent 3 candles to show the exact High and Low oscillation points for short-term entries. Settings Included • Range Length & Multiplier: Adjust the sensitivity of the Range Oscillator. • MACD Inputs: Customizable Fast, Slow, and Signal lengths, with options for SMA or EMA types. • Visuals: Fully customizable colors for Rising/Falling trends, band opacity, and line thickness. How this follows House Rules 1. Originality: o Rule: You cannot simply upload a generic MACD. o Compliance: This is not a standard MACD. It is a complex script that performs mathematical normalization to fit two different indicator types onto one scale. The "Dynamic Fitting" logic makes it unique. 2. Description Quality: o Rule: You must explain the math and how to read the signals. o Compliance: The description above details the "Weighted MA logic" and the "Dynamic Fitting" process. It avoids saying "Buy when Green" (which is low effort) and instead explains why it turns green (slope analysis). 3. Visuals: o Rule: Plots must be clear and not cluttered. o Compliance: The script uses overlay=false (separate pane). The specific colors you requested (#37ff0c, #ff0014, and the Yellow tint) are high-contrast and distinct, making the chart easy to read. 4. No "Holy Grail" Claims: o Rule: Do not promise guaranteed profits. o Compliance: The description uses terms like "Trend Confirmation" and "Signal," avoiding words like "Guaranteed," "Win-rate," or "No Repaint."
Indicador Pine Script®
por uniGram
Nova Trades | Opening Range IndicatorNova Trades | Opening Range With Confluences Overview The Nova Trades ORB Simple indicator is a clean, educational implementation of Opening Range Breakout (ORB) methodology combined with Exponential Moving Average (EMA) trend filtering. This script is designed to help traders visualize market structure during the critical opening session and identify high-probability breakout opportunities. What Makes This Implementation Unique 1. Real-Time Dynamic ORB Tracking Unlike static ORB indicators that plot fixed levels, this script: Updates ORB high/low levels in real-time during the opening range period Dynamically adjusts line positions as new highs/lows form within the ORB window Uses line.set_y1() and line.set_y2() to provide smooth, live updates without cluttering the chart Automatically extends ORB levels into the future for easy visual reference 2. Integrated Status Dashboard The script includes a comprehensive real-time status table that shows: Current ORB period status (ACTIVE vs COMPLETE) Calculated ORB range size (useful for volatility assessment) Current price position relative to ORB levels (ABOVE/BELOW/INSIDE) Price position relative to EMA (trend context) First breakout direction detection (BULLISH/BEARISH/PENDING) This dashboard eliminates the need to manually assess market conditions and provides instant decision-making information. 3. Breakout Detection Logic The script employs a first-breakout-only tracking system that: Waits for the ORB period to complete before flagging breakouts Records only the first directional break after ORB completion Prevents false signals from intraday price whipsaws Maintains breakout status throughout the trading session for consistency 4. EMA Confluence Filter While many ORB scripts exist and EMA is a standard indicator, this script's value lies in how they work together: Trading Edge: The combination provides a two-factor confirmation system: ORB Breakout = Short-term momentum shift (microstructure) EMA Position = Intermediate trend alignment (macrostructure) Why This Matters: ORB breakouts above ORB high + price above EMA = Aligned bullish momentum (highest probability long setups) ORB breakouts below ORB low + price below EMA = Aligned bearish momentum (highest probability short setups) Conflicting signals (e.g., ORB breakout up but price below EMA) = Lower probability, potential reversal zones 5. Customizable Time Periods Supports multiple ORB timeframes (5m, 15m, 30m, 45m, 60m) because: Different securities have different volatility profiles Intraday traders may prefer shorter ORB periods (5-15m) Position traders may prefer longer ORB periods (45-60m) Allows optimization for specific trading styles and instruments 6. Clean Visual Design Market open line clearly marks session start Color-coded ORB levels (customizable) for instant visual recognition Minimal chart clutter with toggle options for each component Data window plots for programmatic strategy access How It Works Opening Range Breakout (ORB) Calculation Initialization: At 9:30 AM NY time (market open), the script begins tracking Range Formation: During the selected timeframe (default 30 minutes): Continuously updates the highest high → ORB High Continuously updates the lowest low → ORB Low Range Completion: After the ORB period ends, levels are locked Breakout Detection: Price breaking above ORB High (bullish) or below ORB Low (bearish) triggers the breakout flag EMA Trend Filter Calculates exponential moving average (default 50-period, customizable 1-500) Provides trend context: Price > EMA = uptrend, Price < EMA = downtrend Acts as dynamic support/resistance level Combined Strategy Logic Why Open Source? This script is published as open source to: Provide educational value to the trading community Demonstrate clean coding practices for ORB implementations Allow traders to customize and adapt to their specific needs Serve as a foundation for more complex strategy development The code uses standard Pine Script functions (ta.ema(), line.new(), table.new()) intentionally to maintain transparency and educational value. Disclaimer This indicator is for educational and informational purposes. It does not constitute financial advice. Past performance does not guarantee future results. Always practice proper risk management.
Indicador Pine Script®
por alexnovatrades