OPEN-SOURCE SCRIPT

Trade Assistant price for TP SL kbowie


## Overview
Trade Assistant is a powerful TradingView Pine Script designed to streamline trading decision-making by providing comprehensive trade management and risk analysis tools. This script helps traders make informed decisions through advanced position sizing, risk management, and visual trade insights.

## Key Features

### 🎯 Flexible Risk Management
- Multiple risk calculation methods:
- Percent of Account Balance
- Fixed Dollar Amount
- Percent of Equity
- Customizable risk percentage (0.1% - 100%)
- Supports variable account balance inputs

### 📊 Comprehensive Trade Entry Options
- Order type selection:
- Market Entry
- Limit Entry
- Stop Entry
- Automatic live price tracking for entry point

### 🛡️ Advanced Stop Loss & Take Profit
- Multiple configuration methods:
- Pips-based calculation
- Percentage-based calculation
- Absolute price setting
- Flexible stop loss and take profit strategies

### 📈 Position Sizing Calculator
- Dynamically calculates optimal position size
- Ensures consistent risk management across trades
- Adapts to different account sizes and risk tolerances

### 🖥️ Interactive Dashboard
- Real-time trade information display
- Shows critical trade parameters:
- Entry Type
- Calculated Position Size
- Risk Amount
- Stop Loss Details
- Take Profit Details

### 🔍 Visual Trade Assistance
- Dashed price lines for:
- Entry Price
- Stop Loss
- Take Profit
- On-chart debugging labels for detailed trade analysis

## How to Use
1. Set your account balance
2. Choose risk calculation method
3. Define risk percentage
4. Select entry type
5. Configure stop loss and take profit
6. Let the script handle position sizing and visualization

## Best Practices
- Always validate calculations with your broker's specifications
- Adjust risk parameters to match your trading strategy
- Use in conjunction with comprehensive trading plan
- Regularly review and optimize risk settings

## Disclaimer
- This is a tool for educational purposes
- Not financial advice
- Always perform your own due diligence
- Trading involves significant financial risk

## Version
NS Trade Assistant Lite - Initial Release

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