BykovTrend_NRTR

Here is a new trailing stop indicator working with an ATR spread according to a trend detection made with the Williams Percent indicator.

Very similar to this other ASCTrend indicator in my opinion.

Converted to ProBuilder language from the source version for MT5.

//PRC_BykovTrend_NRTR | indicator
//06.05.2021
//Nicolas @ www.prorealcode.com
//Sharing ProRealTime knowledge
//converted from MQL5

// --- settings 
RISK=3
SSP=9
AtrRatio=0.375
// --- end of settings 

once K = 33-RISK
once ATRPeriod=15

if barindex>max(SSP,ATRPeriod) then 
//---
//trend=oldtrend
WPR = Williams[SSP](close)
ATR = AverageTrueRange[ATRPeriod](close)
if(WPR<-100+K) then 
 trend=-1
endif
if(WPR>-K) then 
trend=1
endif
irange=AtrRatio*ATR
//---
if(trend[1]<0 and trend>0) then 
BuyBuffer=low-irange
else
Buybuffer = 0 //nst
endif
if(trend[1]>0 and trend<0) then 
SellBuffer=high+irange
else
SellBuffer = 0 //nst
endif 

if(trend>0) then 
if(BuyBuffer) then 
UpBuffer1=BuyBuffer
DnBuffer1=DnBuffer1[1]
else
istop=low-irange
if(istop<UpBuffer1[1]) then 
istop=UpBuffer1[1]
endif
UpBuffer1=istop
endif
endif


if(trend<0) then 
if(SellBuffer) then 
DnBuffer1=SellBuffer
UpBuffer1=UpBuffer1[1]
else
istop=high+irange
if(istop>DnBuffer1[1]) then 
istop=DnBuffer1[1]
endif
DnBuffer1=istop
endif
endif
endif

//---

if (trend[1]>0 and trend>0) then 
r=50
g=205
b=50
dn=0
up=255
elsif (trend[1]<0 and trend<0) then
r=148
g=0
b=211
dn=255
up=0
endif

if buybuffer then
drawtext("✵",barindex,upbuffer1,dialog,bold,25) coloured(50,205,50)
elsif sellbuffer then 
drawtext("✵",barindex,dnbuffer1,dialog,bold,25) coloured(148,0,211)
endif

 

return upbuffer1 coloured(r,g,b,up) style(line,2),dnbuffer1 coloured(r,g,b,dn) style(line,2),trend

//PRC_BykovTrend_NRTR | indicator

//06.05.2021

//Nicolas @ www.prorealcode.com

//Sharing ProRealTime knowledge

//converted from MQL5

// --- settings

RISK=3

SSP=9

AtrRatio=0.375

// --- end of settings

once K = 33-RISK

once ATRPeriod=15

if barindex>max(SSP,ATRPeriod) then

//---

//trend=oldtrend

WPR = Williams[SSP](close)

ATR = AverageTrueRange[ATRPeriod](close)

if(WPR<-100+K) then

trend=-1

endif

if(WPR>-K) then

trend=1

endif

irange=AtrRatio*ATR

//---

if(trend[1]<0 and trend>0) then

BuyBuffer=low-irange

else

Buybuffer = 0 //nst

endif

if(trend[1]>0 and trend<0) then

SellBuffer=high+irange

else

SellBuffer = 0 //nst

endif

if(trend>0) then

if(BuyBuffer) then

UpBuffer1=BuyBuffer

DnBuffer1=DnBuffer1[1]

else

istop=low-irange

if(istop<UpBuffer1[1]) then

istop=UpBuffer1[1]

endif

UpBuffer1=istop

endif

if(trend<0) then

if(SellBuffer) then

DnBuffer1=SellBuffer

UpBuffer1=UpBuffer1[1]

else

istop=high+irange

if(istop>DnBuffer1[1]) then

istop=DnBuffer1[1]

endif

DnBuffer1=istop

endif

//---

if (trend[1]>0 and trend>0) then

r=50

g=205

b=50

dn=0

up=255

elsif (trend[1]<0 and trend<0) then

r=148

g=0

b=211

dn=255

up=0

endif

if buybuffer then

drawtext("✵",barindex,upbuffer1,dialog,bold,25) coloured(50,205,50)

elsif sellbuffer then

drawtext("✵",barindex,dnbuffer1,dialog,bold,25) coloured(148,0,211)

endif

return upbuffer1 coloured(r,g,b,up) style(line,2),dnbuffer1 coloured(r,g,b,dn) style(line,2),trend

ATR trailing stop trend williams williams%R

Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

ProRealTime ITF files and other attachments :

Filename : download the ITF files

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Stenozar • 05/06/2021 #
Hi Nicolas, I put the indicator on the graph but it shows me only an horizontal green line; can you help me?
- Nicolas • 05/06/2021 #
  Make sure you have sufficient units displayed for the indicator to calculate completely.
- onblitz • 05/06/2021 #
  Stenozar, add “once upbuffer1 = close”
  “once dnbuffer1 = close” and delete “trend” from return and it works. I have had same problem

alwyn • 05/06/2021 #
bonjour je viens de l’installer et j ‘ai une ligne horizontale pouvez vous m’aider merci cdlt

Shams • 05/06/2021 #
Hi Nicolas!
thank you for your sharing.
can i hve the file for mac?
- Nicolas • 05/06/2021 #
  There is no specific file for MAC. Download the itf file and import it into your platform by using the import button in the indicators window.

jerome777 • 05/06/2021 #
bonjour merci pour le partage !!!! je débute dans les codes , j ai une question je les l installer en bas comme exemple rsi mais j arrive pas à l introduire dans le graphique ? je ne trouve pas merci de m aider
- Nicolas • 05/06/2021 #
  Il faut l’ajouter sur le prix avec l’icône de la clé situé en haut à gauche du graphique du prix.

kats • 05/06/2021 #
Bonjour, super cet indicateur . J’ai essaye de le transformer pour avoir le 5 mn sur le graphe du 1 mn et c’est Hiroshima , je n’y arrive pas. Comment faire pour l’afficher en 5 mn sur le 1mn? est ce possible? svp merci de votre reponse cdlt

kats • 05/06/2021 #
Bonjour, j’ai essayé de faire afficher cet indic en temps 5 mn sur le 1 mn et c’est Hiroshima. J’ai certainement tout faux sur ce que j’ai voulu modifier. Pensez vous que c’est possible de faire cela a savoir afficher cet indic en valeur 5 mn sur le 1 mn? merci de votre reponse cdlt
- Nicolas • 05/06/2021 #
  Il suffit d’ajouter l’instruction TIMEFRAME(5 minutes,updateonclose) en tête du code

diegofe_2000 • 05/06/2021 #
cordial saludo Nicolas, una pregunta senciLla : Como coloco un STOPS en un maximo o un minimo de la vela inicial, independiente de las velas que se ejecuten.
GRACIAS

Xenotrax • 05/06/2021 #
A première vue, sa à l’air d’être un indicateur très puissant sur de petites temporalités, je vais tester ma stratégie avec celui-ci cette semaine et voir ce qu’il en est. Merci pour ce travail en tout cas 🙂

merri • 05/06/2021 #
Bonjour Nicolas, Comment transformer cet indicateur en bot sur PRT ?
- Nicolas • 05/06/2021 #
  Cela a déjà été fait, voir ce sujet: https://www.prorealcode.com/topic/strategia-con-lindicatore-bykovtrend-nrtr/

nfulcher Please could someone explain how the following code is calculated:- iDI = TEMA[3](DI[DI2]...

oakenstream Jan, I find sometimes that the priceexit variable is never set. It seems to happen when the ...

Matt66612 I do not understand the first time I launch the backtest I got the same result as you. but ...

Maik2404 wie kann ich den Code bekommen Paul?

jens_kittner Works with US Crude at 1h as well!

Jean-Claude REGIS Je préconise de regarder les graphiques H1 et M15 pour visualiser la tendance de fond et d'...

capgros Bonjour @Nicolas, Thanks a lot for this tool, it is very useful for me. I would like to s...

Hans63 Would you add the possibility to color also the Heikin Ashi and bar chart?

Nicolas That's possible, please open a new topic in the indicator forum explaining what you need exa...

ottimo Thank you Nicolas, great indicator, N. 1

tikigai Merci Nicolas! First Happy new Year 2020. Very good indicator BUT (yes the french "oui, m...

Nicolas Whats prorealtime version? Did you try in version prior to v11? indicator's call and loop ca...

Marcos Alvarez Dominguez Hello Nicolas, is it possible to stablish a bullish screener for this indicator when the cen...

Nicolas Please open a topic in the screener section to ask for this specific query.

zaher123 Hello, the indicator doesn't show up anything on the screen, any suggestions please?

cfta Hi Fulvio, many thanks for sharing this clever indicator, much appreciated. As Pepsmile ment...

cfta Sorry adding the PRT to code didn't work in the above comment so I guess we will have to set...

juanj Something appears to be wrong with this formula as graphing t shows t to almost never be wit...

Nicolas Apply it on the price chart. The indicator plot just one single line. There are two in the...

jamesoc Hi Nicolas, do you happen to know if there is an indicator that can be applied to charts, to...

gustavobp Buenos dias Nicolas, al agregar tu indicador no me reconoce la variable Price ni en la linea...

Maxime Baudin Interesting, Thank you! :)

franck-david Bonjour Nicolas , actuellement je me forme grace a vos videos tres tres bien expliques mer...

Nicolas Merci. ça n'est pas le lieu pour poser ce genre de question :) Merci d'utiliser le forum Pro...

joobeng Sorry, I solved the problem. I have add the CBL indicator using the spanner icon on the pric...

Nicolas Adjust the price settings for the Y Axis to use the price only.

XXXXVII Hello Your indicator is interesting. However, I can't see the orange line. Do you have ...

Bard "Bacon with speed" is a new one on me, Apologies, the link was not working on my iphone ...

TAC Bolsa I already published it ... in prorealcode ... Next time ... request a change of programmi...

TAC Bolsa I already published it … in prorealcode … https://www.prorealcode.com/prorealtime-indicator...

bharatjai Script 'Adaptive ATR' has been saved line 24: no viable alternative at input 'lr' Gettin...

Nicolas download the itf file and import it into your platform.

Francis3332 Bonjour à tous, J'aime beaucoup cet indicateur et j'aimerais pouvoir l'utiliser sur la dern...

Nicolas Definition of CustomClose: https://www.prorealcode.com/documentation/customclose/ [2] means...

Bard Just wondered Nicolas, say you had set DEFPARAM CumulateOrders = True, is there anyway for t...

Bard Sorry pls ignore last image, try this - it actually has the Dev Stop indicator! https://www...

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