BykovTrend_NRTR

Here is a new trailing stop indicator working with an ATR spread according to a trend detection made with the Williams Percent indicator.

Very similar to this other ASCTrend indicator in my opinion.

Converted to ProBuilder language from the source version for MT5.

//PRC_BykovTrend_NRTR | indicator
//06.05.2021
//Nicolas @ www.prorealcode.com
//Sharing ProRealTime knowledge
//converted from MQL5

// --- settings 
RISK=3
SSP=9
AtrRatio=0.375
// --- end of settings 

once K = 33-RISK
once ATRPeriod=15

if barindex>max(SSP,ATRPeriod) then 
//---
//trend=oldtrend
WPR = Williams[SSP](close)
ATR = AverageTrueRange[ATRPeriod](close)
if(WPR<-100+K) then 
 trend=-1
endif
if(WPR>-K) then 
trend=1
endif
irange=AtrRatio*ATR
//---
if(trend[1]<0 and trend>0) then 
BuyBuffer=low-irange
else
Buybuffer = 0 //nst
endif
if(trend[1]>0 and trend<0) then 
SellBuffer=high+irange
else
SellBuffer = 0 //nst
endif 

if(trend>0) then 
if(BuyBuffer) then 
UpBuffer1=BuyBuffer
DnBuffer1=DnBuffer1[1]
else
istop=low-irange
if(istop<UpBuffer1[1]) then 
istop=UpBuffer1[1]
endif
UpBuffer1=istop
endif
endif


if(trend<0) then 
if(SellBuffer) then 
DnBuffer1=SellBuffer
UpBuffer1=UpBuffer1[1]
else
istop=high+irange
if(istop>DnBuffer1[1]) then 
istop=DnBuffer1[1]
endif
DnBuffer1=istop
endif
endif
endif

//---

if (trend[1]>0 and trend>0) then 
r=50
g=205
b=50
dn=0
up=255
elsif (trend[1]<0 and trend<0) then
r=148
g=0
b=211
dn=255
up=0
endif

if buybuffer then
drawtext("✵",barindex,upbuffer1,dialog,bold,25) coloured(50,205,50)
elsif sellbuffer then 
drawtext("✵",barindex,dnbuffer1,dialog,bold,25) coloured(148,0,211)
endif

 

return upbuffer1 coloured(r,g,b,up) style(line,2),dnbuffer1 coloured(r,g,b,dn) style(line,2),trend

//PRC_BykovTrend_NRTR | indicator

//06.05.2021

//Nicolas @ www.prorealcode.com

//Sharing ProRealTime knowledge

//converted from MQL5

// --- settings

RISK=3

SSP=9

AtrRatio=0.375

// --- end of settings

once K = 33-RISK

once ATRPeriod=15

if barindex>max(SSP,ATRPeriod) then

//---

//trend=oldtrend

WPR = Williams[SSP](close)

ATR = AverageTrueRange[ATRPeriod](close)

if(WPR<-100+K) then

trend=-1

endif

if(WPR>-K) then

trend=1

endif

irange=AtrRatio*ATR

//---

if(trend[1]<0 and trend>0) then

BuyBuffer=low-irange

else

Buybuffer = 0 //nst

endif

if(trend[1]>0 and trend<0) then

SellBuffer=high+irange

else

SellBuffer = 0 //nst

endif

if(trend>0) then

if(BuyBuffer) then

UpBuffer1=BuyBuffer

DnBuffer1=DnBuffer1[1]

else

istop=low-irange

if(istop<UpBuffer1[1]) then

istop=UpBuffer1[1]

endif

UpBuffer1=istop

endif

if(trend<0) then

if(SellBuffer) then

DnBuffer1=SellBuffer

UpBuffer1=UpBuffer1[1]

else

istop=high+irange

if(istop>DnBuffer1[1]) then

istop=DnBuffer1[1]

endif

DnBuffer1=istop

endif

//---

if (trend[1]>0 and trend>0) then

r=50

g=205

b=50

dn=0

up=255

elsif (trend[1]<0 and trend<0) then

r=148

g=0

b=211

dn=255

up=0

endif

if buybuffer then

drawtext("✵",barindex,upbuffer1,dialog,bold,25) coloured(50,205,50)

elsif sellbuffer then

drawtext("✵",barindex,dnbuffer1,dialog,bold,25) coloured(148,0,211)

endif

return upbuffer1 coloured(r,g,b,up) style(line,2),dnbuffer1 coloured(r,g,b,dn) style(line,2),trend

ATR trailing stop trend williams williams%R

Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

ProRealTime ITF files and other attachments :

Filename : download the ITF files

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Stenozar • 05/06/2021 #
Hi Nicolas, I put the indicator on the graph but it shows me only an horizontal green line; can you help me?
- Nicolas • 05/06/2021 #
  Make sure you have sufficient units displayed for the indicator to calculate completely.
- onblitz • 05/06/2021 #
  Stenozar, add “once upbuffer1 = close”
  “once dnbuffer1 = close” and delete “trend” from return and it works. I have had same problem

alwyn • 05/06/2021 #
bonjour je viens de l’installer et j ‘ai une ligne horizontale pouvez vous m’aider merci cdlt

Shams • 05/06/2021 #
Hi Nicolas!
thank you for your sharing.
can i hve the file for mac?
- Nicolas • 05/06/2021 #
  There is no specific file for MAC. Download the itf file and import it into your platform by using the import button in the indicators window.

jerome777 • 05/06/2021 #
bonjour merci pour le partage !!!! je débute dans les codes , j ai une question je les l installer en bas comme exemple rsi mais j arrive pas à l introduire dans le graphique ? je ne trouve pas merci de m aider
- Nicolas • 05/06/2021 #
  Il faut l’ajouter sur le prix avec l’icône de la clé situé en haut à gauche du graphique du prix.

kats • 05/06/2021 #
Bonjour, super cet indicateur . J’ai essaye de le transformer pour avoir le 5 mn sur le graphe du 1 mn et c’est Hiroshima , je n’y arrive pas. Comment faire pour l’afficher en 5 mn sur le 1mn? est ce possible? svp merci de votre reponse cdlt

kats • 05/06/2021 #
Bonjour, j’ai essayé de faire afficher cet indic en temps 5 mn sur le 1 mn et c’est Hiroshima. J’ai certainement tout faux sur ce que j’ai voulu modifier. Pensez vous que c’est possible de faire cela a savoir afficher cet indic en valeur 5 mn sur le 1 mn? merci de votre reponse cdlt
- Nicolas • 05/06/2021 #
  Il suffit d’ajouter l’instruction TIMEFRAME(5 minutes,updateonclose) en tête du code

diegofe_2000 • 05/06/2021 #
cordial saludo Nicolas, una pregunta senciLla : Como coloco un STOPS en un maximo o un minimo de la vela inicial, independiente de las velas que se ejecuten.
GRACIAS

Xenotrax • 05/06/2021 #
A première vue, sa à l’air d’être un indicateur très puissant sur de petites temporalités, je vais tester ma stratégie avec celui-ci cette semaine et voir ce qu’il en est. Merci pour ce travail en tout cas 🙂

merri • 05/06/2021 #
Bonjour Nicolas, Comment transformer cet indicateur en bot sur PRT ?
- Nicolas • 05/06/2021 #
  Cela a déjà été fait, voir ce sujet: https://www.prorealcode.com/topic/strategia-con-lindicatore-bykovtrend-nrtr/

Iván Change line 23 for this IF BarIndex <= 2 THEN

roccafragius Thank you so much!!!!!! :):)

roccafragius Hi Ivan, unfortunatelly I still hace some problem using timeframe 3 minutes in 1 minutes, th...

Violet Ivan, it looks as if something is really wrong with this indicator. When I import and apply ...

Iván Hello! For proper visualization, it is recommended to have more than 1k bars loaded.

Violet Thanks Ivan. Though it does not remove the 'tapering at the beginning' phenomenon, it does m...

geroniman merci Ivan, super indicatuer. Les cours vont souvent toucher 50% des zones vertes ou rouges....

Iván Pour ajouter une ligne supplémentaire, il suffit de créer une nouvelle variable, par exemple...

Maurizio A. excellent indicateur ! comment puis-je modifier le code pour afficher uniquement les dernier...

Iván Hi! just change line13 for this: showsignals=1

Quino Hi Excellent indicator as usual. Just 2 questions: Why LenH and LenL = 15 as Len could be...

Iván Hi! good question. This is a code request traslation from other platform. I took same inputs...

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