OPEN-SOURCE SCRIPT

st_short

Updated

This indicator allows you to schedule a short trade for several trades (from 3 to 5). Variable parameters of the indicator: leverage, Martingale coefficient, risk per trade, number of trades, entry price, estimated take profit price and table position (by default, from the bottom right, possibly from the top right). The table shows the grid of orders: order prices, position volumes, the amount of funds per order and the potential profit if this order is executed and eventually the price closes with a take profit.

Release Notes

added the ability to use the Martingale coefficient less than 1

Release Notes

Changed the font from large to auto

Release Notes

Added the ability to select the scale of the table (by default, auto, if you press the check mark will be large). Added commission accounting, added excess (the value by which the purchase price differs from the liquidation price)

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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