OPEN-SOURCE SCRIPT
MFE / MAE Table
The MFE/MAE Table is a drop-in Pine Script v5 indicator for TradingView that tracks and displays Maximum Favorable Excursion (MFE) and Maximum Adverse Excursion (MAE) statistics across all long and short trades generated by any entry signal you plug in. It calculates average MFE/MAE, single-trade bests and worsts, last-trade values, and a live updating row for your currently open position — all presented in a color-coded on-chart table with fully configurable position (six corners/centers), text size (six levels), and value display format (percentage of entry price, raw ticks, or both).
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.