OPEN-SOURCE SCRIPT
Updated XT Breakeven and Multiple Targets
This example indicator combines a simple moving average (SMA) crossover strategy with customizable alert conditions for key trading events. It calculates entry, breakeven, and three profit target levels based on user-defined point distances from the entry price.
Independent alerts are available for each condition, including entry, breakeven, and all targets, making it easy to set up precise notifications directly from TradingView's alert dropdown menu. The indicator also plots breakeven and target levels on the chart.
Independent alerts are available for each condition, including entry, breakeven, and all targets, making it easy to set up precise notifications directly from TradingView's alert dropdown menu. The indicator also plots breakeven and target levels on the chart.
Release Notes
Updated to Pine Script v6Open-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.