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 open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.