Dynamic TP Based on RR - Position Tool

21 saat önce

Simple indicator that automatically plots the take-profit (TP) level based on the below inputs:
- Entry price
- Stop-loss (SL)
- Risk-to-reward (RR)

The long/short-position drawing tools are simple enough to use, but wanted something that will automatically plot the TP instead. Couldn't find anything basic and free of extra features so built this instead.

This is how I use it.

1 (optional): Use the long/short-position drawing tool to plot the entry and stop-loss levels

2: Enable the indicator and enter the inputs
- Entry
- SL
- RR

3: The TP will automatically plot. Change the RR to your liking.

21 saat önce

Sürüm Notları

Updated dynamic position TP tool based on entry, stop-loss, RR inputs.