OPEN-SOURCE SCRIPT
Diupdate 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.
Catatan Rilis
New Updates Custom Base Levels and Custom Target Levels
Catatan Rilis
Bug Updates. to dynamically adjust at close of current trading dayFix to PDH & PDL
Fix Risk Zones
Catatan Rilis
Minor Updates to Level Lines to Horizontal Rays and Labeling. Added the previous Day's close level. Catatan Rilis
Moved to v6 with the addition of ATR multiplier TP targetsCatatan Rilis
Updated Memory engineSkrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.