OPEN-SOURCE SCRIPT

Percentage Buy, Target, Stop + Overlay

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Percentage Buy, Target, Stop + Overlay

This tool helps traders plan entries and exits using fixed percentage offsets instead of volatility. It plots Buy, Target, and Stop levels on the chart based on a user‑defined entry price and simple percentage multipliers—giving a clear, objective framework for risk/reward.

NOTE: To activate the lines and table, enter a Buy Price greater than zero.


What It Does
Buy Price Input: Manually enter your intended entry price (e.g. planned or executed trade).

Percentage‑Based Target and Stop:

Target Price = Buy × (1 + Target % / 100)

Stop Price = Buy × (1 – Stop % / 100)

Visual Overlay: Draws horizontal lines at Buy, Target, and Stop levels on your chart.

Interactive Table: Displays Buy, Target, Stop and their percentages in a customizable on‑chart table.


Customization Options
Line Settings

Choose color, style (solid/dashed/dotted), and width for each line.

Extend lines to the right only or both directions.

Table Settings

Position table (top/bottom × left/right).

Toggle rows for Buy, Target, Stop, and percentage values.

Adjust text colors and background transparency.


How to Use It for Trading
Plan Your Trade: Enter your entry price.

Set Exits: Specify target and stop percentages to instantly see risk/reward zones.

Visual Reference: Lines update in real time as you adjust inputs—ideal for live monitoring or backtesting.

Straightforward Risk Management: Fixed percentages offer a simple alternative when ATR or volatility‑based levels aren’t preferred.


Ideal For
Traders who prefer fixed percentage targets/stops

Quick risk/reward visualization

Beginners seeking a clear, rule‑based exit framework

Any trader wanting an alternative to volatility‑based sizing

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.