Best stop loss cluster indicator tradingview Here Aug 3, 2023 · This indicator plots the current ATR value, and the Long and Short stop losses. Cluster filters are convenient when analyzing non-stationary time series in real time, in other words, stream data. Jan 10, 2025 · Long Stop Loss: Input your stop-loss level for the long trade. **Entry**: Look for bullish FVG formations (green step line appears) 2. As you can see, the institutions recognized this SL cluster and they moved the price towards it. Volume Profile HD. - The indicator plots red lines for stop-loss levels and green lines for take-profit levels, making it easy to visualize risk-to-reward scenarios. This script dynamically adjusts a trailing stop-loss level based on the position of the price relative to a 9-period Exponential Moving Average (EMA Oct 1, 2020 · Get ATR+ Indicator This is a trading tool that I use every single day. Jan 12, 2025 · Calculate and Plot Stop Loss (SL) Levels: The indicator calculates the Stop Loss price level based on the account balance, risk percentage, and the trade's entry price. TP3 Line: At 185 (1:3 Risk-Reward). Feb 7, 2025 · Today's video looks at stop-loss indicators from Tradingview. Dec 16, 2024 · Using the ATR indicator to set Stop Loss and Take Profit levels provides a dynamic and flexible way to manage risk based on the volatility of the market. The Supertrend indicator in TradingView is developed to identify strong trends as soon as possible when a stock gains momentum in an upside or downside direction. As a result, the trader can be confident that the stop loss is based on data insights. Example chart using the Percent Trailing Stop Indicator Nov 3, 2024 · This indicator provides a complete rule-based trading system, combining key levels, entry conditions, stop loss (SL), and take profit (TP) management. Risk Management GO8686: Stop Loss, Position Size & Target Full Name: Risk Management GO8686: Stop Loss, Position Size & Target What this indicator provides: A dashboard to calculate Stop Loss, Position Size and Target, where users can customize Risk Management parameters in the setting. APPLICATION OF THIS INDICATOR This indicator can be used in 2 ways: 1) Make a directional trade: If a trader thinks price will go higher or lower and price is within a cluster zone, The trader can take a position and place a stop on the 1 sd band around the cluster. Aug 30, 2023 · The AI Channels indicator is constructed based on rolling K-means clustering, a common machine learning method used for clustering analysis. The upper or lower cluster depends on trade direction: the lower is for Sell trades, and the higher one is for Buy trades. 🔹 Best Practices The indicator doesn't include Stop Loss (SL) or Take Profit (TP) levels, however, the 1. So, to make the task a tad easier for you, we examined the various options available and compiled the following list of the best TradingView indicators. The Trailing Stop Loss Smart indicator can help ensure that traders do not exit too early during trends, while the stop-loss feature kicks in during reversals. 1. Use this indicator for planning trades visually but always confirm levels with your trading strategy. It helps you determine optimal stop loss levels by leveraging the Average True Range (ATR), a popular measure of market volatility. Settings: SuperTrend: ATR Length: ATR Length used to create the Original Supertrend. Users can choose between a fixed percentage stop loss or an ATR-based stop loss, which adjusts based on market volatility. If the price breaches the stop loss level, the indicator resets, indicating a potential end or reversal of the trend. Continue reading to view the 11 best TradingView indicators and how you can use them to improve your trading strategy. Whoosh! You can set the loosest stop-loss and set a TradingView alert for where the tightest stop-loss would be. 5 Fibonacci level. It is designed to enhance decision-making by incorporating key volatility and chop (market consolidation) signals into a 🟣 Trendline-Based Risk Management For bounce entries, the stop-loss is placed below the trendline or the last pivot low (in an uptrend). - Take-profit distance is calculated by multiplying the stop-loss distance by a user-defined multiplier (e. 5. Only on Black Friday! Volatility-based Stop Loss: This strategy adjusts the stop loss level based on the current market volatility, ensuring that a trade is not stopped out due to normal market fluctuations. Two multiplier values (example, 1 and 3) can be set to create a filled area below the price. When this happens, you move the stop loss to break even. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules. 5% - Stop loss = 16% 6. It’s important to remember that the effectiveness of indicators depends on the individual trader’s trading style and preferences. For what's following, let's assume that 2 is the stop-loss percentage value you inserted in the indicator and the Algorithm Builder gives a BUY signal. 71, and the entry price is 2301. Watch the indicator and move your stop loss to the Long or Short as necessary. The ATR (Average True Range) stop loss is multiplied by a user-defined factor, allowing for tailored risk management based on market conditions. 71 x 2, giving you 5. Jan 29, 2025 · To determine the stop-loss level on a long trade, traders would take the current ATR value, or a multiple of it, and subtract that number from the entry price. Binque's Stop Loss Indicator Binque's Stop Loss Indicator is a great way to visualize a trailing stop loss based on a percent from the high. 68. g. This indicator dynamically plots suggested stop loss levels based on market Jun 13, 2021 · TradingView India. For example, in the picture below, the ATR level is 2. Oct 26, 2022 · Overview Curved Stop Loss (Expo) automatically calculates the best stop-loss distance based on real-time momentum and volatility. For a more conservative stop loss use 2 and for a tighter stop loss use 1. In our case the ORB range is … stoploss Hiç bir ödeme yapmadan, işlem önerilerini, stratejileri, fikirleri, çözümlemeleri kontrol edin! — Göstergeler ve Stratejiler While setting the ratios wider will result in more frequent but less valid patterns, it can also create good trading opportunities. But if the price suddenly drops, your trade closes at the current stop-loss level. Jun 13, 2021 · The stop loss indicator is a single trade indicator to manage risk It tells you the size of the trade you should enter and lets you know where to place stops and when and where to trail your stops to based on ATR, given your entry price and risk amount. After a stop hunt, the market typically reverses, leaving stop hunted traders behind. It’s rather a technical tool designed to give you visuals of where Stop Loses is Stop/Take Bounds The Stop/Take Bounds indicator is tool for setting dynamic stop-loss and take-profit levels based on percentage distance from the price. Jan 18, 2025 · Each method has its calculation logic: - ATR: Stop-loss calculated using ATR multiplied by a user-defined factor. Some of the most popular indicators are: Aug 29, 2024 · Dynamic Stop Placement: The trailing stop is dynamically adjusted based on market structure and volume, providing traders with a more adaptive stop-loss strategy. ATR-Based Stop Loss Indicator for TradingView by The Ultimate Bull Run Community: TUBR **Overview** The ATR-Based Stop Loss Indicator is a custom tool designed for traders using TradingView. For trader's convenience, trendlines can be filtered based on their slope Today Im excited to continue the creating the best strategy series, in which I test dozens of indicators for different purposes like entry exit signal, momen Ichimoku Score Indicator [tanayroy] The Ichimoku Cloud is a comprehensive indicator that provides a clear view of market states through five key components. Line Colors: You can customize the colors for the Entry, SL, and TP lines in the Long Trade settings group. Here shows that the profit target was hit, then later on the ATR Trailing Stop-loss was hit. The Sk System Calculator is a powerful trading tool designed to help you efficiently manage your trades by calculating the Stop Loss (SL) levels to break even and the first Take Profit (TP) targets. Trailing Stop-Loss Indicator (FinnoVent) The Dynamic 9 EMA Trailing Stop-Loss Indicator is a specialized tool designed for the TradingView community to enhance risk management in trading. If it climbs to $120, your stop-loss follows to $108. Used on an intraday setting, like 5 minutes, you can see the volume profile for each trading session. It is best to avoid using stop-loss orders and leveraged trading during these hours of the week. Get Sentiment Indicators for MT4/MT5 with 70% OFF . TP2 Line: At 190 (1:2 Risk-Reward). Jul 17, 2023 · For sell signals, the stop-loss is set at the upper EMA level, and the take-profit level is calculated by subtracting a specified ratio of the difference between the stop-loss level and the high price from the high price. TOP 10 Best TradingView Indicators ByAlexFX. Take Profit 1: Close 50% of the position at the 0. Oct 25, 2024 · Market Structure Based Dynamic Stop Loss Introduction The Market Structure Based Stop Loss indicator is a strategic tool for traders designed to be useful in both rigorous backtesting and live testing, by providing an objective, “guess-free” stop loss level. If the price rises to $110, your stop-loss moves up to $99. TP2: 1:2 Risk-Reward ratio. In an Apr 9, 2023 · An amazing indicator on TradingView is explained in this video that helps you to set stop loss like professionals. May 20, 2022 · Furthermore, the volume of trades of any candlestick can also be seen by hovering over the Stop Loss Cluster indicator. Aug 15, 2024 · Last High Low Stop Loss Indicator For MT4 provides the best stop loss automatically for both BUY and SELL forex trades. Cluster filters should not be confused with cluster indicators. 7. Apr 23, 2021 · Stop Loss Hunting On DAX – EXAMPLE Below this heavy volume area, there was a SL cluster. Oct 7, 2024 · # ATR Band, Take Profit Lines, and Pip Distance Indicator This indicator helps traders identify potential stop loss and take profit levels using Average True Range (ATR) bands and custom multipliers. 5 days ago · Stop Loss Take Profit Indicator - free download. , a multiplier of 2 places the take-profit level twice as far as the stop-loss). These are data that cannot be dealt with using classical algorithms. No Repainting - The Price Action Strategy is not subject to repainting. Exit criteria - Take profit = 9. Liquidity Sweep (X) Labels: The indicator identifies liquidity sweeps—points where the price temporarily You can set the loosest stop-loss and set a TradingView alert for where the tightest stop-loss would be. 5. We also included an option to display the indicator as a trailing stop from within the settings. This approach aims to provide more nuanced insights into market conditions by categorizing RSI values into overbought, neutral, and oversold clusters. The Volume Profile HD indicator is a critical tool for visualizing trading activity in the futures market. com/ Saved searches Use saved searches to filter your results more quickly These are data that cannot be dealt with using classical algorithms. Market Structure Based Dynamic Stop Loss Introduction The Market Structure Based Stop Loss indicator is a strategic tool for traders designed to be useful in both rigorous backtesting and live testing, by providing an objective, “guess-free” stop loss level. How to Use 1. 75 risk/reward ratio where half position will be closed. Move the stop loss to breakeven on this position. 618 Fibonacci Extension level of the last leg can commonly be used as stop loss. The primary purpose of a stop loss order is to safeguard your investment from unexpected market reversals or high volatility. The indicator is one of the most effective today. - Parabolic SAR: Uses the Parabolic SAR indicator for trailing stop-loss. Feb 8, 2024 · Best TradingView Indicators 1. When the price hit this area it was quick. Dec 31, 2024 · TradingView India. Jul 4, 2023 · Stop loss is set slightly below the next Fibonacci cluster. Visualization & Dynamic Support/Resistance Levels 1. Trading involves significant risk Sep 4, 2024 · The supertrend indicator in TradingView is one of the most useful and effective trend-following indicators in TradingView that helps to know the direction of the trend. Jan 27, 2020 · If the zones are correct but stop-loss is not suitable for opening positions: In other words, if the stop-loss is above/under the highest-lowest levels in the positive zone or if the stop loss is located in the lower zone in the negative zone, these zones are shown to be darker and dimmed so that they do not cause false movements. When you place the Stop Loss Cluster indicator on your chart, you’re only looking for one thing: reversal. How to Trade the Stop Loss Clusters Indicator. When a trade is opened: The entry price is recorded. Ichimoku Score Indicator [tanayroy] The Ichimoku Cloud is a comprehensive indicator that provides a clear view of market states through five key components. Jul 19, 2024 · 🔽 Download FXSSI StopLossClusters for MT4/5: https://fxssi. To calculate the stop-loss level, you’ll take the ATR level, 2. The ones mentioned in this article are just a few examples of the many tools available on the TradingView platform. Unlike traditional ATR-based methods, this indicator allows traders to set stop levels as a fixed percentage of the price and define the take-profit multiple. If reverse conditions mode is enabled, stop-loss and take-profit placements are flipped. How To Trade With The Stop Loss Cluster Indicator To start with, the Stop Loss Cluster indicator isn’t a signal-generating tool per se. For breakout entries, the stop-loss is set behind the breakout candle or the last structural level. 42. Uses "low" and "high" values for crossing the stop loss threshold, but can be changed to "close" if you prefer (change "low" and "high" on lines 31 and 32 to "close") Aug 2, 2024 · The "RSI K-Means Clustering " indicator is a technical analysis tool that combines the Relative Strength Index (RSI) with K-means clustering techniques. Unlike other ATR indicators this one allows the user to customize the table placement of the ATR calculations, and the colors of each row on the table, and the text. Daily timeframe is best. It buys the dip when the close is below the previous 7 day low. - Supertrend: Utilizes the Supertrend indicator as the stop-loss line. In such case, if the price is above the cluster zone, we set an order to buy just above the strongest level. This script dynamically adjusts a trailing stop-loss level based on the position of the price relative to a 9-period Exponential Moving Average (EMA Oct 26, 2019 · Indicator for binary options arrow is easy to use and does not require configuration works on all currency pairs, cryptocurrencies buy signal blue up arrow sell signal red down arrow tips do not trade during news and 15-30 minutes before their release, as the market is too volatile and there is a lot of noise it is worth entering trades one or two candles from the current period (recommended Feb 22, 2024 · The "Trend Signals with TP & SL " indicator is a versatile tool designed to assist traders in identifying potential trend continuation opportunities within financial markets Utilizing a combination of technical indicators and user-defined parameters, this indicator aims to provide clear and actionable signals to aid traders in making informed trading decisions. ATR Stop Loss v4 This indicator plots the current ATR value, and the Long and Short stop loss es. Oct 19, 2023 · Here are some strategies you can use to avoid stop hunting: Strategy 1: Identifying Areas of Stop-Loss Orders One way to avoid being targeted by stop hunting is to identify areas where there are likely to be a large number of stop-loss orders. This stop loss indicator in TradingView cr Aug 20, 2023 · OVERVIEW K-means is a clustering algorithm commonly used in machine learning to group data points into distinct clusters based on their similarities. Oct 16, 2024 · Top 10 Best TradingView Indicators 1. e. Notes: Ensure that you input valid and realistic price levels for Entry and Stop Loss. Jan 4, 2024 · It offers a dynamic representation of breakout zones, buffer areas, target levels, and stop-loss levels on both sides of the market. 📋 Performance Metrics : Real-time win rate, recommended risk-reward ratio, and training data size displayed in an on-chart table. This is a unique and powerful volume indicator. Enjoy ♡ Apr 11, 2023 · It’s our Stop Hunt indicator displaying the levels, where there are Stop Losses placed by most market participants (the crowd), and also the volume of these clusters. By analyzing the interaction between these components and the asset's price, traders can gain insights into trend direction, momentum, and potential reversals. This area represents the range between the two ATR levels, adjusted by subtracting the current price, providing a simple way to visualize stop-loss placement In this video, we continue the Creating the Best Strategy series, exploring Part 2 of the Best Stop Loss Methods! This time, we dive into trailing stop losse Feb 24, 2024 · Tradingview offers a wide range of indicators that can greatly enhance your trading strategy. How Stop Loss Works on TradingView. ATR and stop loss prices are displayed in table at bottom of screen. If in the case of Take Profit, we recommend setting it at the level of the Stop Loss cluster, it makes sense that your Stop Loss should be placed somewhere else. Cluster Filter Cluster filter is a set of digital filters approximating the initial sequence. Available on TradingView via Optimus Futures, it provides a deeper understanding of market structure and liquidity. We would like to show you a description here but the site won’t allow us. This script dynamically adjusts a trailing stop-loss level based on the position of the price relative to a 9-period Exponential Moving Average (EMA), offering traders a systematic approach to You can set the loosest stop-loss and set a TradingView alert for where the tightest stop-loss would be. When alerted, you will get the opportunity to reconsider the trade and take a loss if needs be or exit if a candle closes there. - Point/Pip Based: Fixed point-based stop-loss. The stop loss indicator is a single trade indicator to manage risk It tells you the size of the trade you should enter and lets you know where to place stops and when and where to trail your stops to based on ATR, given your entry price and risk amount. com/fxssi-stop-loss-clusters-mt4🔽 Download Supply&Demand Indicator for MT4/5: https://fxssi. The logic behind it is as follows: Set your Stop Loss at the level with the fewest number of Stop Losses of other market participants. Buying Dip Strategy With Take Profit And Stop Loss [racer8] "Buy low, sell high. Sep 26, 2024 · TradingView India. Best TradingView Indicators: Volume Profile HD. One of the most popular ways to enter positions using the stop loss cluster indicator is Mar 27, 2021 · The ATR indicator also known as the average true range indicator is one of the best tools a day trader can use to set their stop loss and take profit levels How does it work? Let’s say you buy a stock at $100 and set a 10% trailing stop. This tool is great for setting stop-loss orders. How It Works / How To Calculate: 1. Traders can use several technical indicators to determine stop loss levels. Dynamic stop loss level illustration in uptrend and downtrend: ⯌ Mean Reversion Signals: The indicator identifies potential mean reversion points with diamond icons. Trade Entry. There are many different types of trailing stop indicators out there including a basic % trailing stop, and one's based on the ATR and chandelier methods. Download free! Non-repaint! TOP 10 Best TradingView Indicators Aug 31, 2024 · Learn how the Stop Loss Take Profit V2 Indicator automatically calculates key levels to manage risk and secure profits in your trading strategy. On TradingView, setting a stop loss is a straightforward Jan 7, 2025 · ATR is a classic volatility indicator on TradingView. To get any of the three, simply click indicators on Tradingview and search their title(s). The stop loss will be defined by the atr stop loss The first profit will be of 0. Default multiplier setting is 1. Dec 9, 2024 · This indicator uses the Average True Range (ATR) to display a visual range for stop placement. Oct 25, 2024 · TradingView India. For this reason it was not a good idea to go Long from 15. Mostly for cryptocurrencies, you can set the tightest stop-loss to protect yourself from sudden spikes. This indicator dynamically plots suggested stop loss levels based on market Mar 21, 2025 · Smart Stop-Loss Tightening - Automatically tightens stop-loss when FVGs are mitigated (filled) - Uses RSI as a momentum filter to prevent premature adjustments - Creates a trailing effect that locks in profits as trades move favorably How to Use For Long Positions: 1. The logic is quite simple: if you have an open trade, set Take Profit at the level of the Stop Loss cluster. I could not live without it for both my live trading and especially my backtesting. " This system buys the dip and takes profit for a high win rate. 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. Trades exit automatically when either SL or TP is reached. It looks at both how much and which way prices are moving. For long positions, the SL is below the entry price. Navigating the dynamic expanse of TradingView, a robust online platform, unveils a rich tapestry for traders and investors. Take Profit is set equal to the stop or more. 2. In our case the ORB range is … Sep 8, 2024 · ATR-Based Trailing Stop: • The Average True Range (ATR) is a widely used volatility indicator that measures the degree of price movement over a specified period. ATR is calculated at the time of entry to determine stop-loss and take-profit levels. 250, because the SL cluster was right below it. In this indicator, the ATR is used to create a trailing stop that dynamically adjusts to market conditions. Sep 4, 2024 · Smart Dynamic Stop Loss (SDSL) Indicator The Smart Dynamic Stop Loss (SDSL) Indicator creates a stop loss level that dynamically adapts to market conditions. Feb 23, 2024 · Traders can use Fibonacci levels to assess where the market might reverse and set stop-loss orders accordingly. Note, trailing stop-loss will continue to be plotted until it has been hit regardless of the profit target Dec 21, 2023 · The Dynamic 9 EMA Trailing Stop-Loss Indicator is a specialized tool designed for the TradingView community to enhance risk management in trading. This indicator is ideal for traders looking to implement the SK System rules with ease and precision. Benefits of Supertrend. Jul 13, 2018 · Standard Percentage-based Stop Loss for long and short, with configurable extra exit conditions. Position Sizing by Equity and risk management - This strategy has a default configuration to operate with 35% of the equity. May 9, 2024 · The ATR Stop Loss Finder indicator for MT4 calculates and displays an optimal zone for a stop loss. Jan 27, 2025 · The best TradingView indicators to use are the volume profile, anchored VWAP, Ichimoku Extension, and Fibonacci retracements. Just copy/paste into your script. The indicator will only display lines if both the Entry Price and Stop Loss are non-zero. Key Features: ORB Levels (Opening Range Breakout): The indicator identifies and plots the Opening Range Breakout levels, marking the high and low points of the initial trading period. Aug 29, 2020 Release Notes Jun 27, 2021 · This Indicator uses Average True Range (ATR) to determine a safe place to put stop losses to avoid being stop hunted or stopped out of a trade due to a tight stop loss. Jun 14, 2024 · Stop-Loss Placement: Use the Supertrend line to place stop-loss orders, just below the line for long positions and above for short positions. Mar 13, 2025 · Once the price reaches a specified level, the order triggers automatically, closing the position to prevent further losses. Take Profit 2: Close another 25% of the position at the 0. May 27, 2023 · This indicator helps traders set stop loss and take profit levels based on either ATR or High-Low range. These channels allow users to determine the direction of the underlying trends in the price. How To Enter Trades Using The Stop Loss Cluster (SLC) Indicator Nov 7, 2024 · The ATR Stop Loss indicator is designed to assist traders in managing risk by calculating dynamic stop loss levels based on the Average True Range (ATR). While K-means is not typically used directly for identifying support and resistance levels in financial markets, it can serve as a tool in a broader analysis approach. You can set the loosest stop-loss and set a TradingView alert for where the tightest stop-loss would be. This method ensures that your SL and TP are always in tune with current market conditions, preventing unnecessary stop-outs while maximizing the potential for profit. Stop loss can be useful for helping to prevent false signals but also may result in more loss when hit and less profit when switching trends. Sep 26, 2024 · ATR-Based Stop Loss Indicator for TradingView by The Ultimate Bull Run Community: TUBR **Overview** The ATR-Based Stop Loss Indicator is a custom tool designed for traders using TradingView. Once the algorithm has analyzed the current market characteristics, a curved stop loss is placed on the chart. Disclaimer: This indicator is provided for educational and informational purposes only. Take-Profit Levels: Similarly, take-profit levels can align with key Fibonacci resistance levels. ATR, Chop, Profit Target and Stop Loss Table The ATR Table indicator is a versatile tool that helps traders visually and quantitatively manage risk, identify market conditions, and set profit targets and stop-loss levels. As Trailing Stop: Display the indicator as a trailing stop. This allows dynamic risk management that adjusts to market volatility: Stop Loss : Defined as a multiple of the ATR to help control losses. 7 Best Indicators for Crypto Trading ByAlexFX. For quick access on a chart, add this script to your favorites — learn more here. Profit Target : Also based on a multiple of the ATR to lock in gains. Trailing Take Profit: Keep the last 25% open, using a trailing stop loss. Higher numbers mean more volatility. The indicator calculates stop loss and take profit levels for both long and short positions, based on the user's input of ATR length, ATR smoothing method, and multiplier levels for each level. Now, just will be there two situations: Once Supertrend changes from a uptrend to a downtrend, you close the other half of the initial long position. Large holders (whales) have enough capital to push the price in the desired direction to trigger a cascade of stop-loss orders which can move the price further. Jul 19, 2024 · Setting Stop Loss With the SLC Indicator. Offering a seamless blend of advanced charting tools, technical analysis prowess, and a vibrant community, TradingView stands as a versatile hub accessible across various financial domains, including stocks, forex, commodities, cryptocurrencies and more. ATR values start at 0 and can go up without limit. If you're a trader, you Stop Loss Management: The script offers flexible stop loss settings. Denoise Channels: When enabled, return less noisy channels extremities, disabling this setting will return the exact centroids at each time but will produce less regular extremities. This way we secure ourselves in case of incorrect forecasts. Up Trend Trailing Stop: Down Trend Trailing Stop: Liquidity Sweep Detection. The stop loss is set to 16% from the entry price. Stop Loss Indicators. The advantages of using a Trailing Stop Loss are its ability to protect profits and reduce the emotional decision-making process in volatile markets. Machine Learning Trendlines Cluster [LuxAlgo] The ML Trendlines Cluster indicator allows traders to automatically identify trendlines using a machine learning algorithm based on k-means clustering and linear regression, highlighting trendlines from clustered prices. Stop Loss and Profit Target Calculation : You can configure stop-loss and profit target levels using multipliers based on the ATR. TP3: 1:3 Risk-Reward Selecting the Default option means the trader doesn't use a custom Stop-Loss. Stop Loss: Place the stop loss below the wick of the breakout candle. 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 trades. 📊 Visual Trade Levels : Displays take-profit and stop-loss levels directly on the chart with customizable colors. i. A broken trendline can also act as an exit signal from a trade. The best supply and demand TradingView indicator is the Volume Profile HD. Stop Loss Management: The script offers flexible stop loss settings. In choppy markets, you might set wider stops to avoid getting knocked out by normal price swings. Nov 2, 2017 · This script is designed to aid in back-testing and trade execution. Stop/Take Bounds The Stop/Take Bounds indicator is tool for setting dynamic stop-loss and take-profit levels based on percentage distance from the price. Nov 3, 2023 · But in that tricky move is where the power of the Stop Loss Cluster Indicator lies. Take Profit Levels (Calculated Automatically): TP1: 1:1 Risk-Reward ratio (difference between Entry and SL added to Entry). Key zone characteristics: Size filtering prevents noise from large price swings Volume delta shows actual buying/selling pressure Zones automatically expire based on lookback period Real-time updates as new volume data arrives ⚙️ Settings Time Settings Analysis Timeframe: 15M to 1W options Custom Period: User-defined bar count Delta Jan 4, 2024 · It offers a dynamic representation of breakout zones, buffer areas, target levels, and stop-loss levels on both sides of the market. 🔔 Alerts : Get notified for new trends, take-profit hits, and stop-loss triggers. Stop Loss Multiplier: 0 = Don't use Stop Loss. And solely use the included hard-exit as the Stop-Loss signal. Volatility Adjustment: Adjusts to market volatility for more accurate signals. Free to download and install. 236 Fib level. Oct 26, 2022 · This profit target will only actively be plotted when the ATR Trailing Stop-loss has not be hit hit yet or until the profit target has been hit. It provides a visual representation of these levels and calculates the pip distance to stop loss, aiding in risk management and trade planning. Jan 3, 2025 · There are hundreds of TradingView indicators out there which, unfortunately, makes it quite difficult to find the right match. You can do this by analysing charts and identifying key support and resistance levels and trendlines. It calculates your stop loss size Clusters": Amount of clusters detected for the calculation of the indicator. . Trend Following: Excellent for identifying and following trends. In this blog post, we're going to go over a new type of trailing stop indicator called the 3D Trailing Stop™️ which uses a variety of trend, volatility and volume data to show the optimal level to exit a trend. Factor: Multiplier used to create the Original Supertrend. There are situations when one supercluster is formed on the chart. It uses an ATR take profit and ATR stop loss. By considering market volatility, this tool helps identify optimal stop loss placements for both long and short positions, making it easier for traders to protect their investments and avoid premature exits. Jan 23, 2024 · Here is a label panel that shows the stop-loss number for Long or Short trades based on volatility using average true range and and a mult of that. Aug 9, 2024 · Market Structure Based Dynamic Stop Loss Introduction The Market Structure Based Stop Loss indicator is a strategic tool for traders designed to be useful in both rigorous backtesting and live testing, by providing an objective, “guess-free” stop loss level. Jun 2, 2020 · In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. **Initialization**: The indicator initially sets a stop loss level at a specified percentage (default 2%, user-adjustable) below the current price. For short positions, the SL is above the entry price. Jan 5, 2025 · The Percent Trailing Stop Indicator is a powerful TradingView script that automates trailing stop-loss levels, generates EMA-based signals, and identifies key support and resistance levels. It’s designed to dynamically adapt to market conditions by identifying crucial support and resistance zones, determining entry points based on price action and volume, and calculating risk-based exit targets. This assists in determining the following: Stop-Loss Levels: A stop-loss order can be placed just below a Fibonacci support level. Dec 30, 2024 · In downtrends, it is positioned above the price. ATR Stop Loss Finder This Indicator uses Average True Range (ATR) to determine a safe place to put stop losses to avoid being stop hunted or stopped out of a trade due to a tight stop loss. Position Size: calculated from "initialCapital", "Leverage Stop/Take Bounds The Stop/Take Bounds indicator is tool for setting dynamic stop-loss and take-profit levels based on percentage distance from the price. htoht ehvjtrkgq ncd nnof daer woqimed kglsdfxg hrt fcsy eqcgt dbig zzvkk ghyoyu egdip knheke