Help modify Stoploss finder indicator

Friends,

I found this indicator on tradingview and looking for help to get this converted into TOS. Your help is much appreciated
 
Last edited by a moderator:
Friends,

I found this indicator on tradingview and looking for help to get this converted into TOS. Your help is much appreciated

//@version=4
study(title="Average True Range Stop Loss Finder", shorttitle="ATR", overlay=true)
length = input(title="Length", defval=14, minval=1)
smoothing = input(title="Smoothing", defval="RMA", options=["RMA", "SMA", "EMA", "WMA"])
m = input(1.5, "Multiplier")
src1 = input(high)
src2 = input(low)
pline = input(true, "Show Price Lines")
col1 = input(color.blue, "ATR Text Color")
col2 = input(color.teal, "Low Text Color",inline ="1")
col3 = input(color.red, "High Text Color",inline ="2")
collong = input(color.teal, "Low Line Color",inline ="1")
colshort = input(color.red, "High Line Color",inline ="2")
ma_function(source, length) =>
if smoothing == "RMA"
rma(source, length)
else
if smoothing == "SMA"
sma(source, length)
else
if smoothing == "EMA"
ema(source, length)
else
wma(source, length)

a = ma_function(tr(true), length) * m
x = ma_function(tr(true), length) * m + src1
x2 = src2 - ma_function(tr(true), length) * m
p1 = plot(x, title = "ATR Short Stop Loss", color= colshort, transp=20, trackprice = pline ? true : false)
p2 = plot(x2, title = "ATR Long Stop Loss", color= collong, transp=20, trackprice = pline ? true : false)
var table Table = table.new(position.bottom_center, 3, 1, border_width = 3)
f_fillCell(_table, _column, _row, _value, _timeframe) =>
_cellText = _timeframe+ tostring(_value, "#.#")
table.cell(_table, _column, _row, _cellText, text_color = col1)
table.cell_set_text_color(Table, 1, 0, color.new(col3, transp = 0))
table.cell_set_text_color(Table, 2, 0, color.new(col2, transp = 0))

if barstate.islast
f_fillCell(Table, 0, 0, a, "ATR: " )
f_fillCell(Table, 1, 0, x, "H: " )
f_fillCell(Table, 2, 0, x2, "L: " )
try this.

CSS:
#//@version=4
#study(title="Average True Range Stop Loss Finder", shorttitle="ATR", overlay=true)
# Converted by Sam4Cok@Samer800 - 08/2022
input length = 14;#(title="Length", defval=14, minval=1)
input smoothing = {default RMA, SMA, EMA, WMA};#"Smoothing",
input ATRFactor = 1.0;       # Multiplier
input Target1   = 1.5;
input Target2   = 1.75;
input wicks = yes;
input addSrpead = yes;
input ShowBand = yes;#(true, "Show Price Lines")
input label = yes;

def c = close;
def h = high;
def l = low;


def ask  = Average(close(priceType = PriceType.ASK), 3);
def bid  = Average(close(priceType = PriceType.BID), 3);
def diff = AbsValue(ask - bid);

def spread = if IsNaN(diff) then 0 else diff;

#ma_function(type, source, length) =>
script ma_function {
    input smoothing = "RMA";
    input source = close;
    input length = 14;
    def maType;
        if smoothing == "RMA" {
            maType = WildersSmoothing(source, length);
        } else {
            if smoothing == "SMA" {
                maType = SimpleMovingAvg(source, length);
            } else {
                if smoothing == "EMA" {
                    maType =  ExpAverage(source, length);
                } else {
                    maType = WMA(source, length);
                }
            }
        }
        plot return = maType;
}
    def tr = TrueRange(h, c, l);
    def ATR = ma_function(smoothing, tr, length) + If(addSrpead, spread, 0);
    def ATR1 = ATR * ATRFactor;
    def ATRUp = ATR1 + If(wicks , h , c);
    def ATRDn = If(wicks , l , c) - ATR1;
#def tar1 =
#def tar2 =

#///find TP SL
    def slLong  = Round(c - ATRDn, 2);
    def tp1Long = Round((Target1 * slLong), 2);
    def tp2Long = Round((Target2 * slLong), 2);

    def slShort  = Round(ATRUp - c, 2);
    def tp1Short = Round((Target1 * slShort), 2);
    def tp2Short = Round((Target2 * slShort), 2);


#### LAbel ##########################

    AddLabel (label, "ATR(" + Round(ATR1, 2) + ")", CreateColor(33, 150, 243));
    AddLabel (label, "SL(" + slLong + ") TP1(" + tp1Long + ") TP2(" + tp2Long + ")", Color.LIGHT_GREEN);
    AddLabel (label, "SL(" + slShort + ") TP1(" + tp1Short + ") TP2(" + tp2Short + ")", Color.PINK);

    plot p1 = ATRUp;#, title = "ATR Short Stop Loss", color= colshort, transp=20, trackprice = pline ? true : false)
    p1.SetDefaultColor(CreateColor(255, 82, 82));
    p1.SetHiding(!ShowBand);

    plot p2 = ATRDn;#e = "ATR Long Stop Loss", color= collong, transp=20, trackprice = pline ? true : false)
    p2.SetDefaultColor(CreateColor(0, 137, 123));
    p2.SetHiding(!ShowBand);

#---- END CODE
 

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try this.

CSS:
#//@version=4
#study(title="Average True Range Stop Loss Finder", shorttitle="ATR", overlay=true)
# Converted by Sam4Cok@Samer800 - 08/2022
input length = 14;#(title="Length", defval=14, minval=1)
input smoothing = {default RMA, SMA, EMA, WMA};#"Smoothing",
input ATRFactor = 1.0;       # Multiplier
input Target1   = 1.5;
input Target2   = 1.75;
input wicks = yes;
input addSrpead = yes;
input ShowBand = yes;#(true, "Show Price Lines")
input label = yes;

def c = close;
def h = high;
def l = low;


def ask  = Average(close(priceType = PriceType.ASK), 3);
def bid  = Average(close(priceType = PriceType.BID), 3);
def diff = AbsValue(ask - bid);

def spread = if IsNaN(diff) then 0 else diff;

#ma_function(type, source, length) =>
script ma_function {
    input smoothing = "RMA";
    input source = close;
    input length = 14;
    def maType;
        if smoothing == "RMA" {
            maType = WildersSmoothing(source, length);
        } else {
            if smoothing == "SMA" {
                maType = SimpleMovingAvg(source, length);
            } else {
                if smoothing == "EMA" {
                    maType =  ExpAverage(source, length);
                } else {
                    maType = WMA(source, length);
                }
            }
        }
        plot return = maType;
}
    def tr = TrueRange(h, c, l);
    def ATR = ma_function(smoothing, tr, length) + If(addSrpead, spread, 0);
    def ATR1 = ATR * ATRFactor;
    def ATRUp = ATR1 + If(wicks , h , c);
    def ATRDn = If(wicks , l , c) - ATR1;
#def tar1 =
#def tar2 =

#///find TP SL
    def slLong  = Round(c - ATRDn, 2);
    def tp1Long = Round((Target1 * slLong), 2);
    def tp2Long = Round((Target2 * slLong), 2);

    def slShort  = Round(ATRUp - c, 2);
    def tp1Short = Round((Target1 * slShort), 2);
    def tp2Short = Round((Target2 * slShort), 2);


#### LAbel ##########################

    AddLabel (label, "ATR(" + Round(ATR1, 2) + ")", CreateColor(33, 150, 243));
    AddLabel (label, "SL(" + slLong + ") TP1(" + tp1Long + ") TP2(" + tp2Long + ")", Color.LIGHT_GREEN);
    AddLabel (label, "SL(" + slShort + ") TP1(" + tp1Short + ") TP2(" + tp2Short + ")", Color.PINK);

    plot p1 = ATRUp;#, title = "ATR Short Stop Loss", color= colshort, transp=20, trackprice = pline ? true : false)
    p1.SetDefaultColor(CreateColor(255, 82, 82));
    p1.SetHiding(!ShowBand);

    plot p2 = ATRDn;#e = "ATR Long Stop Loss", color= collong, transp=20, trackprice = pline ? true : false)
    p2.SetDefaultColor(CreateColor(0, 137, 123));
    p2.SetHiding(!ShowBand);

#---- END CODE
@samer800 - I just realized it is not plotting SL, P1 and P2. could you please add the code to plot these values?
 
Hello Friends,

Have come across this scalping thread and found it interesting and I tried to modify this with below assumptions. This could be a simple trading indicator and can anyone help me to fine tune this

https://usethinkscript.com/threads/nq-1-minute-scalping-indicator-for-thinkorswim.11000/#post-96446

Assumptions

1. Long Entry Signal - close > open and low < low[1] and high < high[1] and low[1] < low[2] and high[1] < high[2];
2. Stop Loss - ATR value defined by user (see below)
3. Target 1 & 2 - Based on target points (in points defined i.e. (close - SL) * target 1/target 2

Need help on

I managed to get the signal and also SL but struggling to get the target points plotted(for some reason target1 when using formula (close - sl)*2 is going out of boundaries). Also want this line extended till the SL or target it met to validate next entry condition.

Appreciate can help me fix this

Code:
#SL_Finder
input length = 14;#(title="Length", defval=14, minval=1)
input smoothing = {default RMA, SMA, EMA, WMA};#"Smoothing",
input ATRFactor = 1.0;       # Multiplier
input Target1   = 1.5;
input Target2   = 1.75;
input wicks = yes;
input addSrpead = yes;
input ShowBand = yes;#(true, "Show Price Lines")
input label = yes;

def c = close;
def h = high;
def l = low;

def ask  = Average(close(priceType = PriceType.ASK), 3);
def bid  = Average(close(priceType = PriceType.BID), 3);
def diff = AbsValue(ask - bid);

def spread = if IsNaN(diff) then 0 else diff;

#ma_function(type, source, length) =>
script ma_function {
    input smoothing = "RMA";
    input source = close;
    input length = 14;
    def maType;
        if smoothing == "RMA" {
            maType = WildersSmoothing(source, length);
        } else {
            if smoothing == "SMA" {
                maType = SimpleMovingAvg(source, length);
            } else {
                if smoothing == "EMA" {
                    maType =  ExpAverage(source, length);
                } else {
                    maType = WMA(source, length);
                }
            }
        }
        plot return = maType;
}
    def tr = TrueRange(h, c, l);
    def ATR = ma_function(smoothing, tr, length) + If(addSrpead, spread, 0);
    def ATR1 = ATR * ATRFactor;
    def ATRUp = ATR1 + If(wicks , h , c);
    def ATRDn = If(wicks , l , c) - ATR1;


######

#Entry_Signal
def bull = close > open and low < low[1] and high < high[1] and low[1] < low[2] and high[1] < high[2];

plot upsignal = bull;
upsignal.SetDefaultColor(Color.UPTICK);
upsignal.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP);


plot Long_Tgt_1 = if upsignal then atrup*target1 else Double.NaN;
plot Long_SL = if upsignal then atrDn else Double.NaN;
Long_Tgt_1.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
Long_SL.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
Long_Tgt_1.SetStyle(Curve.SHORT_DASH);
Long_SL.SetStyle(Curve.SHORT_DASH);
Long_Tgt_1.SetDefaultColor(Color.YELLOW);
Long_Tgt_1.SetLineWeight(2);
Long_SL.SetDefaultColor(Color.YELLOW);
Long_SL.setlineWeight(2);
 

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