OPEN-SOURCE SCRIPT
Position Take Profit and Stop Loss Display
Position Take Profit and Stop Loss Display is a simple visual tool designed to make stop-loss and take-profit distances easier to judge directly on the chart.
The idea is straightforward: chart zoom and candle size can sometimes make a 20, 30 or 50-point move look very different. This indicator keeps a consistent visual reference around the current market price, helping you see exactly what your chosen risk distance looks like in real time.
Features:
• Configurable stop-loss distance
• Optional take-profit levels
• Long, Short or Both directions
• Supports both Points and Ticks
• Levels update dynamically with the current market price
• Customisable line colours, width and style
• Optional labels
• Optional live-price anchor
• Adjustable line length
Example:
If Stop Distance is set to 30 points, the indicator can show a level 30 points above and 30 points below the current price. This provides a quick visual reference for the actual size of that move regardless of chart zoom.
The indicator does not generate trade signals or determine where a stop loss should be placed. It is simply a visual measurement and risk-planning tool.
Originally built for my own intraday trading on NASDAQ and S&P 500 markets, but it can be used on other instruments as well.
Use the Points setting when you want to measure actual price/index points. Use Ticks when you want the distance calculated using the instrument's minimum tick size.
The idea is straightforward: chart zoom and candle size can sometimes make a 20, 30 or 50-point move look very different. This indicator keeps a consistent visual reference around the current market price, helping you see exactly what your chosen risk distance looks like in real time.
Features:
• Configurable stop-loss distance
• Optional take-profit levels
• Long, Short or Both directions
• Supports both Points and Ticks
• Levels update dynamically with the current market price
• Customisable line colours, width and style
• Optional labels
• Optional live-price anchor
• Adjustable line length
Example:
If Stop Distance is set to 30 points, the indicator can show a level 30 points above and 30 points below the current price. This provides a quick visual reference for the actual size of that move regardless of chart zoom.
The indicator does not generate trade signals or determine where a stop loss should be placed. It is simply a visual measurement and risk-planning tool.
Originally built for my own intraday trading on NASDAQ and S&P 500 markets, but it can be used on other instruments as well.
Use the Points setting when you want to measure actual price/index points. Use Ticks when you want the distance calculated using the instrument's minimum tick size.
オープンソーススクリプト
TradingViewの精神に則り、このスクリプトの作者はコードをオープンソースとして公開してくれました。トレーダーが内容を確認・検証できるようにという配慮です。作者に拍手を送りましょう！無料で利用できますが、コードの再公開はハウスルールに従う必要があります。
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。
オープンソーススクリプト
TradingViewの精神に則り、このスクリプトの作者はコードをオープンソースとして公開してくれました。トレーダーが内容を確認・検証できるようにという配慮です。作者に拍手を送りましょう！無料で利用できますが、コードの再公開はハウスルールに従う必要があります。
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。