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

How to import ITF files into ProRealTime platform?

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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/

imokdesign Hi Everybody, when I look at the strategy I felt the need to implement a Moneymanagement-Sy...

Inertia newlevel then multiplier=multiplier+1 oldlevel=newlevel newlevel=strategyprofit+startequi...

Inertia Hi Bjoern, I was playing around with your code this morning (EUR/USD 5'). Thank you to the...

CavalierDeCesDames Bonjour Nicolas, Thanks for your use full job. I tried this indicator on a shorter timefram...

Nicolas You are welcome. I'm glad you like it.

Bolbo It does not appear over the price indicator on V11. Thanks in advance.

bearbull As per PhilipSchultz question above, has anybody managed to add code for when it turns blue,...

Ybr35 Bonjour Nicolas, lorsque je lance l'indicateur, il m'est indiqué que je dois définir les var...

Nicolas L'idéal est de télécharger le fichier itf joint sur cette page et de l'importer dans la plat...

fabio407 Thanks, Nicolas. Very useful. Would you tell me where to find what result conveys the functi...

Nicolas This is not an instruction of the programming language but a variable from this indicator (l...

fabio407 OK. I didn't notice it. Many thanks, Nicolas!

albertocampagna Sei grande Nicolas :-)

SAcht Dear Nicolas, Great work, thank you very much!I would love to use the indicator in ProScree...

SAcht btw: The above-posted ProScreener is supposed to show stocks for which the center line has i...

victormork Hi, I would just like to share my own take on this strategy. I'm using 30 min on EURUSD but ...

mckubik Thanks. I will run a Test.

poonsl2828 Hi! bjoern May i know what timing should i change for time zone (Singapore (GMT +8:00) ...

Nicolas Merci dans ce cas d'ouvrir un sujet dans le forum ProScreener svp.

Andrea Hi Nicolas, thx for your code. Please i need your help to understand this part of your code:...

Nicolas the MA200 is ascending since 20 periods.

Regan2020 Hi, has anybody update the above code to enable on a 15m or 5m TF?

gigi64 ik heb de code op mijn pro realtime gezet , en bij indicator staat hij erbij maar komt niet ...

gigi64 I have put the code on my pro realtime, and it is on the indicator, but it does not appear o...

supertiti Thanks you so much Lucassen

dreif123 hi, copied the above code, not working on 10.3 the system says "return can only be used at ...

LUCASSEN Hallo , i have no problem , and i have the same versie 10.3, maybe you can ask Nicolas, tha...

Nicolas Rien, il faut l'appliquer sur la charte. Soit le mettre sur le graphique du prix, à l'aide d...

signorini Merci pour votre réponse. Je l'applique sur la charte, j'utilise la petite clé pour effacer ...

signorini Je vous remercie, Nicolas. C'est fixé. Très bon week-end.

Krallenmann Hallo Nicolas, kannst du mir die Regeln für den Halftrend Indikator sagen? Aus dem Code kann...

davefransman Dear Nicolas, i want set a alert on the "HalfTrend "custom moving average" met Heikin Ashi w...

Nicolas Please post the question in a new forum topic, that would need custom coding I believe.

Lyam Pareil ne marche pas dommage

ahmedbouaziz89 Bonjour, quand j'ajoute le code ou le fichier dans l'outils screeners de Prorealtime je ne v...

tyvix Bonjour le code marche bien c est juste qu'il n y a pas d opportunité au moment ou vous le...

verdi55 Is there such a thing as a free lunch ?

maceng Thanks Nicolas for this great work! I would like to understand the math behind it in order t...

Nicolas Sorry I have no time to provide assistance for python programmers. Have a good day.

Maz Hi all, firstly happy to know that this is helping you. I look into updating it for PRT11 wh...

Nicolas just use 3 times a linear regression channel code you will find in the library.

leederbyshire Here's the link to alternative linear regression channel indicator Nicolas is referring to t...

julien1978 The ADR value that is plotted intraday does not match the value of the regular ATR indicator...

Fab666 I've tried to get a fix for this also but no luck, it doesn't print the correct data as far ...

Seabiscuit Hi! With the new PRT update, this indicator does not work anymore

Wing Yes, investigate as much as you want. For more insight, you can view the linet1, linet2 etc....

CKW Hi Wing, Thanks for your sharing. I am still trying to breakdown & understand your code...

Wing Hello CKW. No, the parameter, 7 in this case, is used when calling the RSI indicator to ide...

Lyny @Nicolas, how can i put this code in ProOder when for example i want to buy 1 share with con...

Nicolas Please open a new topic on forums for coding requests, I'll help you there.

Johan Swarts Lyny / Nicolas Please advise whether you proceded with the code in ProOrder and if so where...

Nicolas Je vais faire l'indicateur et expliquer comment en même temps dans un sujet de forum. Plus s...

gregus merci nicolas toute ma gratitude est pour toi sa sera bien pratique car je pense ne pas etre...

Nicolas Ok merci donc d'ouvrir un sujet spécifique pour cette demande donc :)

algotrader This indicator looks coolBut on attempt to use it for a strategy dev'I get an error.."The in...

dajvop @algotrader if you at the bottom of the code add: RETURN Buffer1 as "up", Buffer2 as "down",...

Bateson Si cela peut servir, l'indicateur Sadukey a été créé en utilisant un générateur de filtre ap...

Guibourse Hi ! I am asking once again for your help : would it be possible to use the ATR as a "take p...

Tradingrob Many thanks for the indicator, however if the price is below the indicator, then the indicat...

aldtrading Merci pour ton travail ! J'ai de bons résultats en utilisant cet indicateur

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