Published On Apr 5, 2024
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LESSON SOURCE CODE: https://courses.theartoftrading.com/p...
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Want to learn Pine Script? Look no further. I have you covered!
This lesson demonstrates a simple template for creating an ATR-based volatility-adaptive trailing stop in Pine Script.
With over 16 years of coding experience and 5+ years of profitable trading experience, I specialize in TradingView's Pine Script programming language and I'm here to pass on everything I've learned about both trading and coding.
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Educational Content Disclaimer:
The content provided in our videos, including all code, lessons, and materials, is strictly for educational and informational purposes only. It is not intended as, and should not be interpreted as, financial advice, a recommendation to buy or sell, or an offer of any financial product or service. All strategies, tools, and examples discussed are provided for illustrative purposes to demonstrate coding techniques and the functionality of Pine Script within a trading context. Any results from strategies or tools provided are hypothetical and past performance is not indicative of future results. Trading and investing involve high risk, including the potential loss of principal, and are not suitable for all persons. Before making any trading decisions, please consult with a qualified professional to understand the risks involved. By using our materials, you acknowledge and agree that any trading decisions are made solely at your discretion and risk.
â–¼Timestampsâ–¼
00:00 - Intro & Disclaimer
00:40 - Lesson Overview
02:00 - User Inputs & ATR Value
02:50 - Calculating Stop Loss
04:05 - Validating Indicator Values
06:46 - Modifying Strategy Entry Criteria
08:00 - Updating the Trailing Stop Loss
12:52 - Drawing Stop Loss
13:59 - Adjusting Trailing Stop Methods
15:54 - Learn More About Pine Script!
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