A simple indicator helping you with stop loss placement. It uses the recent volatility in the market to generate a band above and below price. If you struggle with stop loss placement but already understand entries, exits and direction this indicator might be one for you. Pairs extremely well with certain oscillators, price action trading and pivot point...
ATR Channels help you to identify where to place your stop-loss or trailing stop-loss based on price volatility, according to the Average True Range (ATR).
This is the separation of moving average parts from NeoIchi indicator with addition of four different ATR setting that can be used for Stop Loss and Trailing Stops. The NeoIchi indicator won't have any moving averages any more, the code is secured but every one have access to use this indicator on their charts.
This is an updated version of my previous stop loss script. I've added a double EMA line and modified the stop as below; In an uptrend.... 1. a yellow dot will appear once it's time to move your stop. The yellow dot will display at the level of the stop loss. Place your stop 1 pip below the dot. 2. The yellow dot will only appear if a new higher low has formed...
Binque's Stop Loss Indicator is a great way to visualize a trailing stop loss based on a percent from the high. i.e. If the high was $10 of a trading day and your stop loss was set at 5% (percent) then your chart would show a small dot 5% below the high of the day. This is a great way to quickly see a trailing stock idea. Change the color to match your back...
This script is designed to aid in back-testing and trade execution. It displays three sets of values - the teal colored value is the current ATR, the green colored value is your stop loss distance (in pips) below the most recent swing low for long trades , and the red colored value is your stop loss distance (in pips) above the most recent swing high for short...