OPEN-SOURCE SCRIPT
Mis à jour Risk to Reward Zones Customizer_PUBLIC
This powerful tool is designed to enhance your trading experience by allowing you to effectively assess the traditional Risk: Reward ratio based on key market levels when entering and exiting trades.
Our customizable Risk: Reward Zones empower you to tailor settings to fit your unique trading strategy.
For example, the default configuration presents the Risk: Reward ratio as a function of the Open Price in relation to Pre-Market Highs and Lows. This is particularly beneficial for day traders, clearly outlining standard risk tolerances of 1:1, 1:2, and 1:3 ratios.
To maximize your trading potential, if your target is set at the Pre-Market High, aim to minimize your risk to a maximum of 1:1. Should the price move beyond the shaded zone, seize the opportunity to reassess your target and consider exiting the trade.
You can easily adjust your target price (Key Levels) by navigating to the INPUT section of the Settings.
Leverage the "LONG RISK SOURCE" for bullish trade levels and the "SHORT RISK SOURCE" for bearish trade levels.
When determining your entry price, utilize the BASE SOURCE to choose from OPEN, DAILY HIGH, or DAILY LOW.
Stay tuned for ongoing enhancements as we continue to refine and improve your trading experience.
Our customizable Risk: Reward Zones empower you to tailor settings to fit your unique trading strategy.
For example, the default configuration presents the Risk: Reward ratio as a function of the Open Price in relation to Pre-Market Highs and Lows. This is particularly beneficial for day traders, clearly outlining standard risk tolerances of 1:1, 1:2, and 1:3 ratios.
To maximize your trading potential, if your target is set at the Pre-Market High, aim to minimize your risk to a maximum of 1:1. Should the price move beyond the shaded zone, seize the opportunity to reassess your target and consider exiting the trade.
You can easily adjust your target price (Key Levels) by navigating to the INPUT section of the Settings.
Leverage the "LONG RISK SOURCE" for bullish trade levels and the "SHORT RISK SOURCE" for bearish trade levels.
When determining your entry price, utilize the BASE SOURCE to choose from OPEN, DAILY HIGH, or DAILY LOW.
Stay tuned for ongoing enhancements as we continue to refine and improve your trading experience.
Notes de version
New Updates Custom Base Levels and Custom Target Levels
Notes de version
Bug Updates. to dynamically adjust at close of current trading dayFix to PDH & PDL
Fix Risk Zones
Notes de version
Minor Updates to Level Lines to Horizontal Rays and Labeling. Added the previous Day's close level. Notes de version
Moved to v6 with the addition of ATR multiplier TP targetsNotes de version
Updated Memory engineScript open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.