Get started

Sl

AVERAGE TRUE RANGE WAY OF MEASURING VOLA I've been backtesting a strategy that requires a stop that is not tied to the key levels, or anything subjective, but something that also took the changing mkt conditions into the account so I was using ATR and it was pretty helpful. Good for algo and half-algo strategies in particular. For example, one could set SL at 1 average ATR and take at 1.5 average ATR. Helps to quickly backtest something manually. Also, can be helpful in the usual trading as well. And I like the picture that was the result of the drawings as it helps understand how the market changes and how the same pair trades differently from what it's been like a year ago. You can use this data to adjust your targets/sl in your trading. TLDR: good volatility change tool, good for setting stops for algo backtesting.
Short
by ProSignalsFx
3
watch me trade ESso first trade I was stopped out after a run up of about 100 pts. Ended break even, so lost out on potential profits, but that's how it goes if you want to catch as big of runs as you can. 100 pts is nothing compared to catching a trend of 200, 300 or even more points. A revision of my previous indicators: I stated them wrong before. Red dots = 1.5 ATR white dots= 2 ATR blue dots = 2.5 ATR top black line 1.75 ATR bottom black line =2.25 ATR I use the red dots for a long entry if 4 hour candle closes above it and blue dots for a short entry if 4h candle closes below it. the black lines I use as my stops and the white dots I use to add to a position if I think it is worth of doing so. so this trade is long and I follow my rule not my heart and brain. My heart and brain say go short but my rule says long because 4h candle closed above or at red dots. (see black arrow on chart). I have another method where I use my heart and brain that I may show at some time, but it doesn't make money like this although it does okay. Current trade Entry close of 4h candle above red dots = 3411 stop loss below black dots just below it. I know it's not the black lines, but I wanted to give a little more room being that candle closed right on the red dots. It's up to you how tight you want you stop. let's watch how this plays out. I move my stop loss up with each move up of the ATR's. In this case, for now I will move my SL up as the black dots move up. this is open to change. I can always tighten my stop. but never increase my stop.
CME_MINI:ES1!Long
by UnknownUnicorn11430563
COALINDIA SL 15 minCOALINDIA was continuously bearish in Weekly/DAILY It was in between a tight demand and supply zone in daily . and recently formed an hourly demand and supply zone . Stock was reacting from the hourly supply zone and looking at a very good structure demand zone in 15 in between hourly demand and supply zones, trade was planned. But since the stock was reacting from even though tested hourly supply zone, it SL my nice structured 15 min demans zone. So dont place any trade in wrong direction, even though its nice structure.
NSE:COALINDIALong
by financial_freedom_with_guna
FALLING WEDGE IN EURNZDHello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As we can see that the pair started falling down after hitting the resistance line in a falling wedge. One can take a sell call. Let us know your views on this in the comment section. Thank you all. There is good news for our followers. We will be analyzing demand. So let us know which pair you want our analysis on and we will get it for you. Do like and follow us Ryan.R.Lopes
Short
by Ryan_lopes
2