OPEN-SOURCE SCRIPT
Ultra Dynamic PnL Target R/R tool [RWTrading]
I designed this as a way to force myself into creating targets to give myself realistic expectations while I was in the trade. I wanted a drawing tool originally, but it quickly evolved into something so much more.
Almost every aspect of this tool is customizable. That includes the positioning of the boxes, labels, etc. If you are unhappy with where something is and how it looks--likely you can move it!
The trade dashboard tells you a lot of quick information about the trade. Everything can be toggled on or off as well to reduce the noise.
You activate the indicator and it will ask you to set three points: Entry, Stop, Target. You should know each one of these before you place a trade, at least that was what I was striving to achieve. It will then populate the proper R/R and give you information. You can toggle the full version of the compact version of the data as well.
As each target is approached it will be dimmed and checked. After 1R has been reached, I have added a reminder to consider bringing your stop loss to break even. Protect your capital and make sure you give up less of your profits to the markets.
I hope this helps you plan your trades and keep your expectations in check. It has greatly helped me.
Happy Trading.
Almost every aspect of this tool is customizable. That includes the positioning of the boxes, labels, etc. If you are unhappy with where something is and how it looks--likely you can move it!
The trade dashboard tells you a lot of quick information about the trade. Everything can be toggled on or off as well to reduce the noise.
You activate the indicator and it will ask you to set three points: Entry, Stop, Target. You should know each one of these before you place a trade, at least that was what I was striving to achieve. It will then populate the proper R/R and give you information. You can toggle the full version of the compact version of the data as well.
As each target is approached it will be dimmed and checked. After 1R has been reached, I have added a reminder to consider bringing your stop loss to break even. Protect your capital and make sure you give up less of your profits to the markets.
I hope this helps you plan your trades and keep your expectations in check. It has greatly helped me.
Happy Trading.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.