PROTECTED SOURCE SCRIPT
CandleMapTF — Automatic Position Tool
Description:
This Pine Script code creates an "Automatic Position Tool" for TradingView that visually
manages a trade's entry, stop-loss, and take-profit levels based on user-defined parameters.
Features:
- Entry Price & Time: Manually set when and at what price the trade begins.
- Side: Choose "Long" or "Short".
- Risk %: Determines how far the stop-loss is from the entry.
- RR Ratio: Multiplies the distance to the SL to calculate TP.
- SL/TP Prices: Dynamically computed based on trade direction.
Disclaimer:
This script is for educational and informational purposes only and does not
constitute financial advice, investment advice, or a trading recommendation.
Use at your own risk.
This Pine Script code creates an "Automatic Position Tool" for TradingView that visually
manages a trade's entry, stop-loss, and take-profit levels based on user-defined parameters.
Features:
- Entry Price & Time: Manually set when and at what price the trade begins.
- Side: Choose "Long" or "Short".
- Risk %: Determines how far the stop-loss is from the entry.
- RR Ratio: Multiplies the distance to the SL to calculate TP.
- SL/TP Prices: Dynamically computed based on trade direction.
Disclaimer:
This script is for educational and informational purposes only and does not
constitute financial advice, investment advice, or a trading recommendation.
Use at your own risk.
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.
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.