PROTECTED SOURCE SCRIPT
Updated Risk/Reward Ratio Analyzer II by NeW
🚀 What is R/RR Analyzer II?
This indicator is engineered to reflect professional trade planning directly onto your chart, instantly. It’s not just a drawing tool; it incorporates the intelligence to automatically set a logical Stop Loss (SL) based on market structure, ensuring your risk is always well-defined.
🛡️ New Features & Why You Need It
✅ Full Support!
The SL/TP lines are perfectly positioned above and below the entry price for accurate planning.
🧠 Auto Stop Loss Level Mode (Auto SL)
Beyond the standard ATR multiplier, this mode detects the nearest structural Pivot (L4/R2) and sets that price as your SL (1R).
This means you're using a "meaningful" SL based on actual market structure.
If a valid pivot isn't found, it seamlessly falls back to the manual ATR setting.
Each line displays the R/RR ratio, the percentage gain, and the crucial required theoretical Win Rate needed for profitability.
💡 Configuration Highlights
Three main settings control everything:
- Short Mode: Decides your trade direction (Buy/Sell).
- Auto SL Mode: Flip ON and let the script suggest optimal, structure-based SL levels.
- TP Ratios: Set custom RRR multiples for TP1, TP2, and TP3 (e.g., 1:1, 1:2) directly in the settings.
Stop guessing your risk. Add this analyzer to your chart and start planning every trade with market intelligence.
Good luck out there! 📈📉
This indicator is engineered to reflect professional trade planning directly onto your chart, instantly. It’s not just a drawing tool; it incorporates the intelligence to automatically set a logical Stop Loss (SL) based on market structure, ensuring your risk is always well-defined.
🛡️ New Features & Why You Need It
✅ Full Support!
The SL/TP lines are perfectly positioned above and below the entry price for accurate planning.
🧠 Auto Stop Loss Level Mode (Auto SL)
Beyond the standard ATR multiplier, this mode detects the nearest structural Pivot (L4/R2) and sets that price as your SL (1R).
This means you're using a "meaningful" SL based on actual market structure.
If a valid pivot isn't found, it seamlessly falls back to the manual ATR setting.
Each line displays the R/RR ratio, the percentage gain, and the crucial required theoretical Win Rate needed for profitability.
💡 Configuration Highlights
Three main settings control everything:
- Short Mode: Decides your trade direction (Buy/Sell).
- Auto SL Mode: Flip ON and let the script suggest optimal, structure-based SL levels.
- TP Ratios: Set custom RRR multiples for TP1, TP2, and TP3 (e.g., 1:1, 1:2) directly in the settings.
Stop guessing your risk. Add this analyzer to your chart and start planning every trade with market intelligence.
Good luck out there! 📈📉
Release Notes
🚀 What is R/RR Analyzer II?This indicator is engineered to reflect professional trade planning directly onto your chart, instantly. It’s not just a drawing tool; it incorporates the intelligence to automatically set a logical Stop Loss (SL) based on market structure, ensuring your risk is always well-defined.
🛡️ New Features & Why You Need It
✅ Full Support!
The SL/TP lines are perfectly positioned above and below the entry price for accurate planning.
🧠 Auto Stop Loss Level Mode (Auto SL)
Beyond the standard ATR multiplier, this mode detects the nearest structural Pivot and sets that price as your SL but max 10% loss.
Each line displays the R/RR ratio, the percentage gain, and the crucial required theoretical Win Rate needed for profitability.
💡 Configuration Highlights
Three main settings control everything:
- Short Mode: Decides your trade direction (Buy/Sell).
- Auto SL Mode: Flip ON and let the script suggest optimal, structure-based SL levels.
- TP Ratios: Set custom RRR multiples for TP1, TP2, and TP3 (e.g., 1:1, 1:2) directly in the settings.
Stop guessing your risk. Add this analyzer to your chart and start planning every trade with market intelligence.
Good luck out there! 📈📉
Release Notes
Bug fixed.Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
NeW
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.