OPEN-SOURCE SCRIPT
Risk:Reward Tool Pro - MECTRADER (Minimalist)
This is an optimized and refined version of my previous Risk/Reward tool. In this update, I have focused on visual clarity by removing all background color fills (shaded zones) to provide a much more minimalist and professional charting experience.
Key Improvements:
Zero Visual Distractions: All linefills have been removed, allowing traders to focus purely on price action and market structure without cluttered backgrounds.
Clean Aesthetics: Take Profit levels feature dashed lines for easy target identification, while Entry and Stop Loss levels remain solid for clear boundary definition.
Performance Focused: The script has been streamlined for a lightweight footprint, making it ideal for users who run multiple indicators simultaneously.
Core Features:
Tick-Based Calculation: Automatically calculate up to 5 Take Profit levels based on ticks.
Quick SL Setup: Simple input for Stop Loss distance.
Dynamic Labels: Real-time price display for every level on the right side of the chart.
Dual Mode: Full support for both Long and Short positions.
Designed for traders who demand technical precision without sacrificing the visual workspace.
Key Improvements:
Zero Visual Distractions: All linefills have been removed, allowing traders to focus purely on price action and market structure without cluttered backgrounds.
Clean Aesthetics: Take Profit levels feature dashed lines for easy target identification, while Entry and Stop Loss levels remain solid for clear boundary definition.
Performance Focused: The script has been streamlined for a lightweight footprint, making it ideal for users who run multiple indicators simultaneously.
Core Features:
Tick-Based Calculation: Automatically calculate up to 5 Take Profit levels based on ticks.
Quick SL Setup: Simple input for Stop Loss distance.
Dynamic Labels: Real-time price display for every level on the right side of the chart.
Dual Mode: Full support for both Long and Short positions.
Designed for traders who demand technical precision without sacrificing the visual workspace.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.