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TP/SL Signals

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💀 TP/SL Signals & Strategy: Automated Risk Management Tool
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📌 Overview
💀 TP/SL Signals is a powerful multi-timeframe trading system built to resolve the biggest trader challenge: Discipline and Risk Management.

By filtering price noise with Hull Moving Averages (HMA) across multiple timeframes, this tool identifies key trend pivots and automatically projects your entry, stop-loss, and multi-tier take-profit targets directly onto your chart.

✨ Key Features
🎯 Dynamic Entry Signals: Built on real-time cross-over logic using fast and slow HTF Hull Moving Averages.

🛡️ Automated Risk/Reward Levels: Visualizes exact SL, TP1, and TP2 target lines as soon as a trade opens.

⚖️ Trailing Breakeven: Automatically moves your Stop Loss to the entry price once TP1 is reached to secure a risk-free trade.

📊 Fully Customizable Risk Controls: Adjust percentages for SL, TP1, and TP2 dynamically in settings.

🔔 Instant Alerts: Built-in webhooks & alert conditions for instant Long/Short entry push notifications.

⚙️ How It Works
Trend Identification: The script fetches high-timeframe trend momentum using calibrated 5-minute and 15-minute HMA lines.

Execution Signals:

LONG 🟢: Triggered when 5m HMA crosses above the 15m HMA.

SHORT 🔴: Triggered when 5m HMA crosses below the 15m HMA.

Automated Exit Logic:

Reaching TP1 locks in partial profits and adjusts the stop loss to Breakeven.

Final exit triggers when TP2 is reached or trailing SL is hit.

🛠️ Recommended Setup
Timeframe: 1m, 5m, or 15m charts.

Assets: Crypto (BTC, ETH), Forex Majors, Stocks, or Indices.

Risk Management: Default is set to 1.0% SL, 1.0% TP1, 2.0% TP2. Tune these in the settings menu based on market volatility.

💡 Backtesting & Open Source
This indicator is 100% open-source and completely free to use. Test different parameter setups on historical data to fine-tune win rates for your favorite pairs.

🤝 Join the Community!
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Drop a comment below with your favorite assets to trade using this system!

Disclaimer: Past performance is not indicative of future results. Always practice proper risk management.
הערות שחרור
Days of Week Backgrounds: Added colored background zones (bgcolor) for each day of the week to visually separate trading sessions on the chart.

Custom Day Palette: Assigned specific color schemes for each day (Monday: Blue, Tuesday: Yellow, Wednesday–Thursday: Shades of Green, Friday: Purple, Saturday–Sunday: Red tones).
הערות שחרור
Changes Made to Risk Management Parameters:
Stop Loss (SL): Set to 1.5% (was previously undefined/changed from a different value)
Take Profit 1 (TP1): Set to 1.5% (was previously undefined/changed from a different value)
Take Profit 2 (TP2): Set to 3.0% (was previously undefined/changed from a different value)
הערות שחרור
Right Offset Shading: The day-of-week background color now extends all the way to the right edge of the chart without time limits.

Light Theme Adaptation: Colors for the table, day labels, TP/SL levels, and PnL text were redesigned for high contrast on a bright background.

HMA Length Setting: Added an HMA Length parameter to the settings panel for easy period customization.

Daily Breakdown Table: Integrated a compact table in the top-right corner showing detailed metrics per day of the week (Trades, Win Rate, and Net PnL).

Leverage Setting: Added a Leverage (x) multiplier — individual trade returns and total Net PnL are now automatically calculated with your chosen leverage.

כתב ויתור

המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.