This script allows you to calculate position size, and future profit, loses.
- You can add 3 target values and 1 stop loss
- Optionally you can display table, position it as you like, and see risk ratio
Plans:
- add profit loss to the labels
- You can add 3 target values and 1 stop loss
- Optionally you can display table, position it as you like, and see risk ratio
Plans:
- add profit loss to the labels
Release Notes:
Added profit/loss values to the labels
Release Notes:
labels text color/size changes
Release Notes:
- added possibility to use stop-loss with percentage
- added commission field
- added commission field
Release Notes:
Added shares/coins amount input option, to be able to calculate position size and amount based on this value
Release Notes:
Added font size option for targets
Release Notes:
Added risk reward value to the label
Release Notes:
R/R fixes
Release Notes:
Added 2 more target values
Release Notes:
Visual adjustments
Release Notes:
Entry label adjustments
Release Notes:
fixed shares calculation price if entry price is different from the close price, thx to @markmaimai for pointing
Release Notes:
Title: Advanced Trading Signals with Customizable Risk Management
Description:
This advanced trading signals script provides a flexible and customizable way to visualize entry, stop loss, and multiple take profit levels on your charts. With adjustable position size, commission, and percentage-based stop loss and take profit levels, this script is perfect for traders who want to plan their trades effectively.
Features:
Customizable position sizing: Enter a fixed dollar amount or shares/coins for position size.
Commission input: Set the commission percentage for the trades.
Entry price: Define a custom entry price or use the current closing price.
Stop loss: Set a custom stop loss price or a percentage-based stop loss.
Take profit: Set up to 5 custom take profit levels or use percentage-based take profit levels.
Customizable text size and colors: Choose the size and color of the text for labels and lines.
X-axis offset: Adjust the horizontal position of the labels and lines.
How to use:
Add the script to your chart.
Adjust the position size and commission settings according to your preference.
Set the entry price, stop loss, and take profit levels using either custom prices or percentage-based levels.
Customize the text size, colors, and X-axis offset for labels and lines.
Analyze the visualized levels on your chart to plan and execute your trades effectively.
Note:
This script is for visualization and planning purposes only. It does not execute any trades automatically. Always conduct thorough research and analysis before making any trading decisions.
Description:
This advanced trading signals script provides a flexible and customizable way to visualize entry, stop loss, and multiple take profit levels on your charts. With adjustable position size, commission, and percentage-based stop loss and take profit levels, this script is perfect for traders who want to plan their trades effectively.
Features:
Customizable position sizing: Enter a fixed dollar amount or shares/coins for position size.
Commission input: Set the commission percentage for the trades.
Entry price: Define a custom entry price or use the current closing price.
Stop loss: Set a custom stop loss price or a percentage-based stop loss.
Take profit: Set up to 5 custom take profit levels or use percentage-based take profit levels.
Customizable text size and colors: Choose the size and color of the text for labels and lines.
X-axis offset: Adjust the horizontal position of the labels and lines.
How to use:
Add the script to your chart.
Adjust the position size and commission settings according to your preference.
Set the entry price, stop loss, and take profit levels using either custom prices or percentage-based levels.
Customize the text size, colors, and X-axis offset for labels and lines.
Analyze the visualized levels on your chart to plan and execute your trades effectively.
Note:
This script is for visualization and planning purposes only. It does not execute any trades automatically. Always conduct thorough research and analysis before making any trading decisions.
Release Notes:
Updated targets tooltip info
Release Notes:
Library updated
Release Notes:
Simulate mode added, and prefix labels can be customized
Release Notes:
Risk reward inputs added