OPEN-SOURCE SCRIPT
Ultra Dynamic PnL Target R/R tool [RWTrading]
I designed this as a way to force myself into creating targets to give myself realistic expectations while I was in the trade. I wanted a drawing tool originally, but it quickly evolved into something so much more.
Almost every aspect of this tool is customizable. That includes the positioning of the boxes, labels, etc. If you are unhappy with where something is and how it looks--likely you can move it!
The trade dashboard tells you a lot of quick information about the trade. Everything can be toggled on or off as well to reduce the noise.
You activate the indicator and it will ask you to set three points: Entry, Stop, Target. You should know each one of these before you place a trade, at least that was what I was striving to achieve. It will then populate the proper R/R and give you information. You can toggle the full version of the compact version of the data as well.
As each target is approached it will be dimmed and checked. After 1R has been reached, I have added a reminder to consider bringing your stop loss to break even. Protect your capital and make sure you give up less of your profits to the markets.
I hope this helps you plan your trades and keep your expectations in check. It has greatly helped me.
Happy Trading.
Almost every aspect of this tool is customizable. That includes the positioning of the boxes, labels, etc. If you are unhappy with where something is and how it looks--likely you can move it!
The trade dashboard tells you a lot of quick information about the trade. Everything can be toggled on or off as well to reduce the noise.
You activate the indicator and it will ask you to set three points: Entry, Stop, Target. You should know each one of these before you place a trade, at least that was what I was striving to achieve. It will then populate the proper R/R and give you information. You can toggle the full version of the compact version of the data as well.
As each target is approached it will be dimmed and checked. After 1R has been reached, I have added a reminder to consider bringing your stop loss to break even. Protect your capital and make sure you give up less of your profits to the markets.
I hope this helps you plan your trades and keep your expectations in check. It has greatly helped me.
Happy Trading.
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。