OPEN-SOURCE SCRIPT
Publish-Ready Asymmetric SL/TP Guide (212)
📌 Overview
In a fast-paced scalping or day trading environment, every second counts. You don't have the luxury to manually draw risk-reward boxes or calculate target prices in your head.
This indicator is an Asymmetric SL/TP Guide Band built on the latest Pine Script v6 engine. It instantly visualizes your predefined take-profit and stop-loss point levels based on the real-time current price.
💡 Key Features & Asymmetric Layout
Unlike conventional symmetric bands, this script introduces a unique Asymmetric Layout designed to optimize the trader's field of view:
📈 TP - Right Extension (Future): The Take-Profit lines extend to the right (future space). This allows you to intuitively measure the distance to your target using the empty space on the right side of the chart.
📉 SL - Left Extension (Past): The Stop-Loss lines extend to the left (past space). This enables you to instantly compare your risk levels with recent candle wicks, support levels, or order blocks in real-time.
🏷️ Dynamic Price Labels: It doesn't just show points (e.g., +50pt); it continuously calculates and displays the exact execution price inside the labels according to price fluctuations.
⚙️ Fully Customizable Inputs
Target Points: Configurable TP2, TP1, SL1, and SL2 levels.
Layout Settings: Adjust the extension lengths (in bars) for both TP and SL independently.
Theme Aesthetics: Change colors to perfectly match your chart setup (Dark/Light mode).
In a fast-paced scalping or day trading environment, every second counts. You don't have the luxury to manually draw risk-reward boxes or calculate target prices in your head.
This indicator is an Asymmetric SL/TP Guide Band built on the latest Pine Script v6 engine. It instantly visualizes your predefined take-profit and stop-loss point levels based on the real-time current price.
💡 Key Features & Asymmetric Layout
Unlike conventional symmetric bands, this script introduces a unique Asymmetric Layout designed to optimize the trader's field of view:
📈 TP - Right Extension (Future): The Take-Profit lines extend to the right (future space). This allows you to intuitively measure the distance to your target using the empty space on the right side of the chart.
📉 SL - Left Extension (Past): The Stop-Loss lines extend to the left (past space). This enables you to instantly compare your risk levels with recent candle wicks, support levels, or order blocks in real-time.
🏷️ Dynamic Price Labels: It doesn't just show points (e.g., +50pt); it continuously calculates and displays the exact execution price inside the labels according to price fluctuations.
⚙️ Fully Customizable Inputs
Target Points: Configurable TP2, TP1, SL1, and SL2 levels.
Layout Settings: Adjust the extension lengths (in bars) for both TP and SL independently.
Theme Aesthetics: Change colors to perfectly match your chart setup (Dark/Light mode).
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.