OPEN-SOURCE SCRIPT
Updated IZCI [xaurr]

Yet another trailing stop loss script, using optional percentage or atr values to follow the last price.
Green area: bullish , long
Red area: bearish, short
IZCI means trailing in Turkish.
If you find it usefull, please like it.
Good Luck :)
Green area: bullish , long
Red area: bearish, short
IZCI means trailing in Turkish.
If you find it usefull, please like it.
Good Luck :)
Release Notes
Added different percentage or atr values for long and short trend.Release Notes
changed author nameRelease Notes
Minor fixedRelease Notes
minor fixedRelease Notes
Added alert conditionsRelease Notes
Minor fixedRelease Notes
Alert Cond. fixedRelease Notes
- Atr fixed
- Converted to pine script V5
Release Notes
- moving average change ema to sma
- atr calculation method changed rma to sma
- added buy and sell plot shapes
Release Notes
minor fixedRelease Notes
plotshape location updatedRelease Notes
trend direction updatedRelease Notes
- Added Gray area, for early birds (unstable signals)
Release Notes
chart updatedOpen-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.