OPEN-SOURCE SCRIPT
Atualizado

Dynamic TP Based on RR - Position Tool

591
Simple indicator that automatically plots the take-profit (TP) level based on the below inputs:
- Entry price
- Stop-loss (SL)
- Risk-to-reward (RR)

The long/short-position drawing tools are simple enough to use, but wanted something that will automatically plot the TP instead. Couldn't find anything basic and free of extra features so built this instead.

This is how I use it.

1 (optional): Use the long/short-position drawing tool to plot the entry and stop-loss levels

2: Enable the indicator and enter the inputs
- Entry
- SL
- RR

3: The TP will automatically plot. Change the RR to your liking.
Notas de Lançamento
Updated dynamic position TP tool based on entry, stop-loss, RR inputs.
Notas de Lançamento
Some minor updates:

- Inputs
-- Account size ($)
-- Risk size per trade (%)
-- Market/instrument selection (only using index futures for now)

- Outputs
-- Contract size in brackets next to the SL number (if the number is 0 then risk parameters are beyond account size's capacity)
Notas de Lançamento
Padding from current candles added
Notas de Lançamento
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