OPEN-SOURCE SCRIPT

Take profit and Stop Loss ATR HL [Tcs] | ALGO

This indicator helps traders set stop loss and take profit levels based on either ATR or High-Low range.

The indicator calculates stop loss and take profit levels for both long and short positions, based on the user's input of ATR length, ATR smoothing method, and multiplier levels for each level. It’s possible to set 3 levels of take profit, for both long and short trades.
The indicator also includes the option to show or hide levels, bands, and labels for the calculated stop loss and take profit levels.
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Additionally, the indicator has a function to calculate the user's risk based on their account balance, risk percentage, and broker fees.
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Overall, this indicator can be helpful for traders who use stop loss and take profit levels in their trading strategies and want a visual representation of those levels on their charts.
Please note that this indicator is for educational purposes only and should not be used for trading without further testing and analysis.
Average True Range (ATR)Pivot points and levelsPortfolio managementriskmangementriskrewardstoplosstakeprofit

开源脚本

本着真正的TradingView精神,此脚本的作者已将其开源,以便交易者可以理解和验证它。向作者致敬!您可以免费使用它,但在出版物中重复使用此代码受网站规则约束。 您可以收藏它以在图表上使用。

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免责声明