CDC ATR Trailing Stop v2.1

v10.3
CDC ATR Trailing Stop v2.1

Contains two ATR trailing stop lines, fast and slow.
The slow ATR SL line is the same as the one in a normal ATR trailing stop loss indicator.
The fast one is created to generate buy/sell signals (plot arrows on the chart).

The system works well in high volatility market.

(translated from tradingview code, following a request in the Spanish forum).

 

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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 : How to import ITF files into ProRealTime platform?

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  1. zilliq • 12 days ago #

    All works in High Volatility Market 😉 Thanks Nicolas and have a nice day

  2. Maik2404 • 11 days ago #

    Ich hab mal eine Frage zu deinem Indikator:
    Der Einstieg ist ja über die Pfeile geregelt.Ab wann steige ich aus? Bei Short am Ende der roten Linie?

  3. bezieh • 11 days ago #

    Looking good nicolas, although, after i download it and have it as a indicator, what settings should i put in the wizard so it buys and sells as the indicator shows?
    Doesn’t seem to figure out how to do that, thanks 🙂

    • Nicolas • 9 days ago #

      Add sSell and sBuy in the RETURN instruction and you should be able to use the indicator in automatic trading.

  4. bezieh • 9 days ago #

    I dont understand what you mean.. the code already has “ssell” and “sbuy”..?

    • Nicolas • 9 days ago #

      change the RETURN instruction line with this one:
      return ts1 style(point,1) as “Fast Trail”, ts2 coloured(rtrail,gtrail,0) style(line,2) as “Slow Trail”, ssell,sbuy
      Then you’ll be able to use these last variables in any trading strategies, by looking for their values, 1 means a new signal, 0 means no signal.

  5. bezieh • 9 days ago #

    Ok, i pressed modify in the indicator, and changed the last return line with that line you sent me. But it’s still an indicator? When i press the wizard to create bot i still have to put in the buy and sell signals, so it still doesn’t work mate

    • Nicolas • 9 days ago #

      yes it is still an indicator obviously 🙂 But now you can get the signals (ones with arrows) with the “wizard”, mate. Learn to code and no need of wizard things anymore 😉
      Start with the first course: https://www.prorealcode.com/courses/training-program-introduction-programming-prorealtime/
      the advanced one should come this month.

  6. bezieh • 9 days ago #

    Oh okay, and how do i tell the wizard to buy and sell accoring to the arrows, because i only see the option to buy and sell when the indicator is under or over the price, thats the problem :p

    • Nicolas • 9 days ago #

      You can also test values of indicator. Equal or not to 1 for example.

  7. bezieh • 9 days ago #

    Another question.. is it even needed to learn how to code, even if you seem to have found a good strategy with the wizard? Just because the wizard is simple, doesn’t mean it’s bad.. It’s usually the simple strategies that last good in the long run, just like trading manually, doing over complex shit will not do any good

    • Nicolas • 9 days ago #

      No, but if you are able to code, you can use any of the codes around here and improve them for your own needs like this is the case for this indicator.

  8. Inertia • 6 days ago #

    Thank you Nicolas. Nice one 😉

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