Custom TP/SL Levels (1%, 2%, 3%)

Custom TP/SL Levels (1%, 2%, 3%) — TanTechTrades™

This indicator automatically plots percentage-based take-profit (TP) and stop-loss (SL) levels around the current price, making it easy to visualize risk/reward scenarios for both long and short trades.

🔹 Features

Three configurable TP/SL levels (default: 1%, 2%, 3%)

Separate plotting for long (green = TP, red = SL) and short (blue = TP, purple = SL) setups

Adjustable percentages for flexible strategy testing

Simple visual overlay to assist with trade planning and management

🔹 How It Works

Long setup: SL lines plotted below entry, TP lines above entry

Short setup: SL lines plotted above entry, TP lines below entry

All levels update dynamically as price moves

This tool is useful for traders who want a quick, no-fuss way to manage position exits and visualize multiple TP/SL levels directly on the chart.

⚠️ Disclaimer: For educational purposes only. Not financial advice.