by 
This overlay indicator marks ICT liquidity void fills on the price chart and can show long and short signals. It places a Fibonacci level inside a displacement candle, defaulting to the midpoint, and draws lines in a chosen style. Optional filters limit the fi
Indicator · Pine Script v5 · On the chart
HMD ATR Trailing Stop Tool
The HMD ATR Trailing Stop Tool calculates and plots a dynamic trailing stop line directly on the price chart.
GitHub stars2on the repository
Pine versionv5runs as is
Lines of code55
Settings5inputs
LicenceNone stated
Last update2 years ago13 Sep 2024
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Users select a Long or Short direction, an anchor start time, structure lookback bars, and Average True Range parameters. For long positions, the stop trails below the lowest low of the lookback period minus the ATR buffer, ratcheting upward only. For short positions, it trails above the highest high plus ATR, ratcheting downward. The line resets and sends an alert when price breaches the trailing stop level.
- ATR-based structural trailing stop calculation
- Directional mode selection for long or short positions
- Time-anchored activation starting point
- Built-in trailing stop update and hit alerts
Details
Published by
Web3Degenerate on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Volatility & bands, Support & resistance
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Trail Type | string | Long | trailType |
| Lookback | int | 7 | structureLookback |
| ATR Length | int | 14 | atrLength |
| ATR Multiplier | float | 1.0 | multiplier |
| Bar Time | time | timestamp("01 Jan 2021 13:30 +0000") | barTime |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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