Skip to main content

ATR Stop Loss in Pine Script: How to Build Smarter Risk Management That Actually Works

· 9 min read

Here's something that'll hit close to home: you enter a trade with perfect timing, the setup looks flawless, and then BAM - you get stopped out by some random market hiccup, only to watch the price immediately bounce back and continue in your favor.

Sound familiar? Yeah, me too. For the longest time, I thought the problem was my entry timing or chart reading skills. Turns out, the real culprit was my stubborn habit of using the same stop loss distance for every single trade, regardless of whether the market was having a calm Tuesday or losing its mind during earnings season.

That's when I discovered ATR-based stop losses, and honestly, it changed everything about how I manage risk.

Pine Script ATR Stop Loss: Enhancing Trading Strategies

Pine Script Automated Trading: Unlocking Efficiency in Algorithmic Trading

· 7 min read

Ever stared at your screen for hours, desperately waiting for that perfect trading signal? Yeah, me too. The constant chart-watching gets old fast, and let's be honest—you're going to miss opportunities while you're sleeping, eating, or just living your life.

That's exactly why I fell in love with Pine Script automated trading. It's like having a tireless trading assistant that never needs coffee breaks and doesn't get emotional about losses.

Pine Script Automated Trading Dashboard

'And' Logical Operators in Pine Script: Combine Multiple Trading Conditions for Better Results

· 8 min read

Ever been burned by a trading signal that looked perfect, only to watch it fall apart the moment you entered? Yeah, me too. That's exactly why smart traders use multiple conditions before making any move.

In Pine Script, the "and" operator is your best friend for combining different trading conditions. Instead of acting on just one signal—like a price breakout or RSI oversold—you can wait for multiple confirmations to line up before pulling the trigger.

Think about it: would you really buy a stock just because the price went up a tiny bit? Probably not. You'd want to see some volume backing that move, maybe confirm it's above a key moving average, or check that momentum indicators are aligned too.

Pine Script And Operator Examples

Exploring Pine Script Alternatives: A Comprehensive Guide

· 8 min read

Look, I get it. You've been grinding with Pine Script for months, maybe even years, and suddenly you're hitting these invisible walls that make you want to throw your laptop out the window. The performance is sluggish on complex strategies, you can't port your brilliant indicators to other platforms, and don't even get me started on trying to integrate external data sources.

If this sounds familiar, you're definitely not alone. Thousands of traders reach this exact same crossroads where Pine Script just isn't cutting it anymore.

Market Facilitation Index: How to Use This Powerful TradingView Pine Script Indicator

· 7 min read

So you've probably heard about the Market Facilitation Index (MFI) and wondered what all the fuss is about. Well, it's actually pretty cool - it's this indicator that Bill Williams came up with that basically tells you how well the market is "flowing." Think of it like checking if traffic is moving smoothly or if there's a jam somewhere.

Understanding the ta.linreg() Function in Pine Script v6: Complete Guide to Linear Regression Trading

· 9 min read

Ever looked at a messy chart and wished you could just draw a clean line through all that noise to see where the market's really heading? That's exactly what Pine Script's ta.linreg() function does for you. It's like having a mathematical crystal ball that finds the perfect trend line through your price data - no guesswork, no subjective line drawing, just pure mathematical precision.

Understanding the ta.linreg() Function in Pine Script v6