Hello all,
Another useful script & indicator with alerts enabled for trailing stoploss in your toolbox!
If you manually start a deal on a bot or even manual trade, you can set your chart time frame, enter the price and the time and date of your entry, then configure an Alert to fire using the “Close Long”/“Close Short” alert trigger.
This indicator features:
The indicator plots onto the chart various signals, Red is the Hard Stoploss value, Yellow is your Entry price, Green is the Trailing Stop and White is the live Price Tracker.
Please Note: When you add this indicator to your chart you need to click the Cog/Settings icon to configure it!
Let me know what you think!
Thanks,
Chris
Another useful script & indicator with alerts enabled for trailing stoploss in your toolbox!
If you manually start a deal on a bot or even manual trade, you can set your chart time frame, enter the price and the time and date of your entry, then configure an Alert to fire using the “Close Long”/“Close Short” alert trigger.
This indicator features:
- Definable Hard Stoploss by % - if price drops to hit this value, immediately trigger a close
- Definable “Trail” value using Ticks (one Tick = lowest tradeable unit for your chart)
- Supports Longs and Shorts!
- Ideal for connecting to your 3commas BitMEX bots for EthUSD or XbtUSD
The indicator plots onto the chart various signals, Red is the Hard Stoploss value, Yellow is your Entry price, Green is the Trailing Stop and White is the live Price Tracker.
Please Note: When you add this indicator to your chart you need to click the Cog/Settings icon to configure it!
Let me know what you think!
Thanks,
Chris
Release Notes:
Updated version - tweaked to work faster and precoded with pretty good XBT/BTC settings.
Trail will not kick in whilst price is between Red/Stoploss and Yellow/Entry to give time for the deal to breathe.
Trail should also not kick in whilst the Trail Value is not greater than Yellow entry price plus 25% of your stoploss value - again to give time for the deal to mature/breathe without unneccessarily stopping you out.
If you have this on your chart/alerts, please click the "X" to close it and then re-add this Indicator to ensure you are using the latest version!
Enjoy!
Trail will not kick in whilst price is between Red/Stoploss and Yellow/Entry to give time for the deal to breathe.
Trail should also not kick in whilst the Trail Value is not greater than Yellow entry price plus 25% of your stoploss value - again to give time for the deal to mature/breathe without unneccessarily stopping you out.
If you have this on your chart/alerts, please click the "X" to close it and then re-add this Indicator to ensure you are using the latest version!
Enjoy!