Noldo

Market Adaptive Stop-Loss

I realized that the zone changes in the stoploss remained slow, so I couldn't make enough use of the characteristics of technical indicators when opening positions.
This pushed me to keep stop-loss under the influence of a dependent variable.
This script helped me a lot (everget) :
I've redesigned the stop-loss to be affected by intersections.
Therefore, this script is also suitable for adaptive moving averages, fractional periods.

Script features:

1.You can select calculation methods created by using various technical analysis methods from the scripts' settings:
-Moving Average Convergence Divergence ( Macd )
-Stochastic Oscillator ( Stoch )
-Stochastic Relative Strength Index (StochRSI)
-Stochastic Money Flow Index (StochMFI ) (More info : https://www.tradingview.com/script/Dcbz7...)
-Know Sure Thing ( KST )
-OBV ( On Balance Volume )
-SMA ( Simple Moving Average )
-EMA ( Exponential Moving Average )
-FISHERTRANSFORM ( Fisher Transform )
-AWESOMEOSCILLATOR( Awesome Oscillator )
-PSAR ( Parabolic Stop and Reverse - Parabolic SAR )
-HULLMA( Hull Moving Average )
-VWMA ( Volume Weighted Moving Average )
-RMA (Moving Average using in Relative Strength Index calculations.)
-COG (Center of Gravity )
-ACC-DIST ( Accumulation / Distribution Index )

2 - The region is determined according to the above calculation methods and if it is larger or smaller than the previous stop loss level.
And if the price in the negative zone is lower than the stoploss, it is the exact signal and is shown with more highlighted colors.
And, in the positive zone, where the price is greater than the stoploss, the trade zones are certain.
Shown with more highlighted colors.

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.

*** SUMMARY : As a result, you can use this script with support and resistances,and trend lines to get good results.

I hope it helps in your analyzes. Best regards.
Release Notes: On Balance Volume (OBV) Bug fixed.
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Want to use this script on a chart?
Telegram : @BBN91
Chat : Tradingview Chat
Website : https://www.autonomouscripts.com
E-mail : info@autonomouscripts.com

CAUTION : SCRIPTS AND WEBSITE ARE UNDER LONG TERM LAST UPDATE

Comments

awesome....just one Q Noldo, do you see any possibility of repaint?
+1 Reply
Noldo FXNEWLIFE
@FXNEWLIFE, hello , just saw your message .
does not repaint because there is no data extraction.
Thanks for your interest , regards !
Reply
Still amazed :O)
+1 Reply
Noldo syrinxflunki
@syrinxflunki, your welcome !
Reply
Hello, thx for your great work.
Which indicators are best to use together for daily trades in this script?
I know it just lets you to use one at the same time but I wanna modify it..
Reply
@Noldo Thank you, this script is absolutely fantastic.
Reply
Noldo MyQuandary
@MyQuandary, ur welcome
Reply
Hi, I'm new here. May I know where and how do you implement those different calculation method? Was it only on this line?
dir := _output > 0 ? 1 : _output < 0 ? -1 : dir
Reply
Noldo jeno_
@jeno_, output includes all methods.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out