OPEN-SOURCE SCRIPT
RONBO Dynamic Risk/Reward indicator
The RONBO Dynamic Risk/Reward indicator is a clean, modern position-sizing and trade-planning tool designed for TradingView (Pine Script v6). It streamlines your execution by automatically calculating your exact position size and projecting key profit targets directly onto your chart based on your predefined risk.
Instead of cluttering your historical chart data, all lines and labels dynamically anchor to the most recent market candle and extend cleanly into the right-hand margin. This keeps your price action clear and free of distractions.
Key Features
Automated Position Sizing: Input your desired entry price, stop loss, and the exact fiat amount (e.g., €620) you are willing to risk. The indicator instantly calculates and displays the precise position size (Pos) required for the trade.
Smart Reward Targets: Automatically projects three distinct Take Profit levels based on fixed Risk-to-Reward ratios:
TP1: 1:1 Risk-to-Reward (+1R profit)
TP2: 2:1 Risk-to-Reward (+2R profit)
TP3: 3:1 Risk-to-Reward (+3R profit)
Clean Real-Time Layout: All tracking lines initiate directly from the live candle and project forward. Labels are pushed neatly into the right margin space so they never overlap your setup or indicators.
How to Use
Open the indicator settings.
Enter your Entry Price, Stop Loss (SL), and your Risicobedrag (Risk Amount).
Use the calculated Pos value to accurately size your order on your exchange.
Optional: Adjust the "Label Afstand Rechts" setting to push the data boxes further into the right margin depending on your screen layout.
Instead of cluttering your historical chart data, all lines and labels dynamically anchor to the most recent market candle and extend cleanly into the right-hand margin. This keeps your price action clear and free of distractions.
Key Features
Automated Position Sizing: Input your desired entry price, stop loss, and the exact fiat amount (e.g., €620) you are willing to risk. The indicator instantly calculates and displays the precise position size (Pos) required for the trade.
Smart Reward Targets: Automatically projects three distinct Take Profit levels based on fixed Risk-to-Reward ratios:
TP1: 1:1 Risk-to-Reward (+1R profit)
TP2: 2:1 Risk-to-Reward (+2R profit)
TP3: 3:1 Risk-to-Reward (+3R profit)
Clean Real-Time Layout: All tracking lines initiate directly from the live candle and project forward. Labels are pushed neatly into the right margin space so they never overlap your setup or indicators.
How to Use
Open the indicator settings.
Enter your Entry Price, Stop Loss (SL), and your Risicobedrag (Risk Amount).
Use the calculated Pos value to accurately size your order on your exchange.
Optional: Adjust the "Label Afstand Rechts" setting to push the data boxes further into the right margin depending on your screen layout.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.