Automatic stop loss and take profit indicator tradingview. The trades taken have all 1.
Automatic stop loss and take profit indicator tradingview - Labels showing the exact stop loss and take profit prices are also displayed, providing clear and immediate information. By dynamically calculating position size, stop-loss, and take-profit levels, it enables traders to stay disciplined and follow predefined risk parameters directly on their charts. 8%, and 361. Dec 28, 2024 · Stop Loss (%): Defines the percentage distance from the entry price to the stop-loss level. TOP 10 Best TradingView Indicators Sep 26, 2024 · ATR-Based Stop Loss Indicator for TradingView by The Ultimate Bull Run Community: TUBR **Overview** The ATR-Based Stop Loss Indicator is a custom tool designed for traders using TradingView. ATR with Take and Stop This simple indicator will plot the take profit and stop loss values based on the ATR indicator. Look h May 27, 2023 · TradingView India. The R:R ratio determines how much reward (profit) you aim to achieve relative to the risk (the distance between the entry price and the stop loss). The Stop/Take Bounds indicator is tool for setting dynamic stop-loss and take-profit levels based on percentage distance from the price. TP2: 1:2 Risk-Reward ratio. Trading involves significant risk Account Balance when position is closed after reaching the Take Profit level: Amount = AccountSize + (ProfitLevel – EntryPrice) * Qty * Point value * Lot Size: Account Balance when position is closed after reaching the Stop Loss level: Amount = AccountSize — (EntryPrice – StopLevel) * Qty * Point value * Lot Size Jul 21, 2024 · - The stop loss and take profit levels are plotted as horizontal lines above or below the entry price, depending on the trade direction. Feb 7, 2025 · 2. Jan 16, 2025 · This Take Profit indicator is becoming one of the most popular indicators due to its ability to display the best take profit points at the best times. The alerts notify the user Mar 5, 2025 · Stop Loss Take Profit Indicator - free download. . Standalone Trade Manager including custom stop-loss/take profit options based on price value/percentage/trailing. I usually take 3. It offers a high degree of customization, allowing users to: Choose Entry Type: Select whether the anticipated trade is a Long or Short position. Simple Risk-to-Reward Multiplier A simple R/R indicator that allows you to input your entry price and stop loss (in ticks). It ensures risk management is applied consistently across different Apr 19, 2022 · I usually take 3. Once the algorithm has analyzed the current market characteristics, a curved stop loss is placed on the chart. Line Colors: You can customize the colors for the Entry, SL, and TP lines in the Long Trade settings group. 8. ATR-Based Stop Loss Indicator for TradingView by The Ultimate Bull Run Community: TUBR **Overview** The ATR-Based Stop Loss Indicator is a custom tool designed for traders using TradingView. Trading involves significant risk Jan 15, 2021 · This indicator gives you for every trade a stopp loss and take profit line. 8%, 200%, 261. automatic — Check out the trading ideas, strategies, opinions, analytics at absolutely no cost! Updates the stop loss and/or take profit of Strategy Execution Template - Master Pattern This script is a template to execute your strategy with Stop Loss and Take Profit and showing Trades. ATR, Chop, Profit Target and Stop Loss Table The ATR Table indicator is a versatile tool that helps traders visually and quantitatively manage risk, identify market conditions, and set profit targets and stop-loss levels. Otherwise you might start to hold a losing trade past your stop loss and give back Sep 16, 2020 · - Entry Stop Loss: Distance (in currency/units) between the selected stop-loss algorithm (percent, trailing, TP trailing, etc. This indicator helps traders set stop loss and take profit levels based on either ATR or High-Low range. There is no trailing here - TP Trailing: Trail your stop-loss every time a Take Profit level is hit - Supertrend: embedded supertrend use as a trailing stop - Fixed: Set the Stop-Loss at a fixed position (value should be in currency/units) - ATR multiple: Set the Stop-loss at a multiple of ATR - External connector: Let's say your indicator TradingView India. It's possible to set how many times the ATR value will be applied to the closing price and what trade type is used, Long or Short. ENTRY The buy order is placed on assets that have long-term uptrend and short-term downtrend: - Long-term uptrend condition: ema200 is going up - Short-term downtrend condition: 2 last candles are down price (use candlestick for less delay) CLOSE The sell order is placed when take profit or stop loss: - Take profit: price increase 2 BHD unit This is the amount of pips you'd like to protect spread (float) : Enter the position only if the spread is equal or less than the specified value in pips trailtrig (float) : Trailing stop-loss will be activated after a trade gains this number of pips traildist (float) : Distance of the trailing stop-loss from current price trailstep (float Apr 4, 2020 · ===== Fixed Percent Stop Loss & Take Profit % ===== A neat example of how to set up Fixed Stops and Take Profit as a percent of the entry price. Calculate and Plot Stop Loss (SL) Levels: The indicator calculates the Stop Loss price level based on the account balance, risk percentage, and the trade's entry price. Key Features Nov 29, 2024 · How to Use the Script - Copy the script code into the Pine Script editor in TradingView and apply it to your chart. Yup, that's about it! You can ignore the actual entry/exit orders - they're based on a simple MA cross and are therefore NOT relevant, NOT really profitable and NOT recommended! ATR with Take and Stop This simple indicator will plot the take profit and stop loss values based on the ATR indicator. Trailing Stop Functionality: Offers an option to enable a trailing stop that automatically adjusts based on price movements. This project simulates trading strategies using Pine Editor scripts on TradingView and visualizes performance metrics. User can change ATR multipiers, as well as the ATR length used. 2% Take Profit: A dashed orange line with a price label for the second take profit level. 5:1 risk ratios, so when you lose one trade and win one you are still in profit. As far as I know, order presets are generally not supported in the TradingView broker integration. Each level is labeled with the price and target percentage. - Use the plotted 100s levels as psychological support and resistance zones for trade entries, exits, and stop-loss or take-profit placement. Sep 26, 2024 · TradingView India. - The risk management table provides insights into fund size, potential profit/loss, ATR values, and risk. There is also a function to indicate if it is a long or short setup. Mar 16, 2024 · It draws horizontal lines representing various take-profit levels and the stop-loss level on the chart, aiding traders in visually identifying potential exit points and managing risk. May 26, 2024 · Variable Initialization: Various variables are initialized to manage labels, lines, and calculated stop loss and take profit levels. Parameters: Nov 30, 2023 · - For short positions, the maroon line is a potential take-profit level, and the fuchsia line is a potential stop-loss level. Sep 27, 2023 · **50 Point Stop & Take Profit** This custom TradingView indicator is designed for instruments like US30 or any asset following a point system. Then, you can write your strategy without taking care of Stop Loss and Take Profit method. Note: The profit/loss calculations in this script may not be entirely accurate due to factors like market execution. Oct 7, 2024 · # ATR Band, Take Profit Lines, and Pip Distance Indicator This indicator helps traders identify potential stop loss and take profit levels using Average True Range (ATR) bands and custom multipliers. For example, the TradingView IBKR integration doesn't support order presets and trailing orders, although IBKR supports this in its trading platforms. Jun 10, 2022 · I have followed the answer Here to implement a Stop-Loss and Take-Profit by percentage in one script as a strategy as the code is shown. The strategy is versatile and includes options for visualizing performance, monthly profit/loss data, and detailed trade metrics. Visual Aids: The script dynamically labels each Fibonacci level with its corresponding ATR with Take and Stop This simple indicator will plot the take profit and stop loss values based on the ATR indicator. In the example code, the take profit is at 10%. Sep 19, 2022 · The purpose of this tool is to help the trader determine a safe stop loss price and take profit which dynamically changes due to ATR (Average True Range) This tool uses the concept of ATR (Average True Range) Risk Reward Ratio (Money Management method) How is ATR Stop Loss and Take Profit Finder working Step 1 ) Tool will calculate TR(True Range Step 2) Then the TR will be used to find the Jan 10, 2025 · Long Stop Loss: Input your stop-loss level for the long trade. Dec 16, 2024 · Using the ATR indicator to set Stop Loss and Take Profit levels provides a dynamic and flexible way to manage risk based on the volatility of the market. Disclaimer: This indicator is provided for educational and informational purposes only. Stop Loss and Take Profit Logic: The stop loss for each trade is calculated based on the selected method (fixed percentage or ATR-based). Green and red lines show these levels; plot is visible over last 8 bars only to reduce clutter. Customizable offset for diamonds and labels. Features: Configure Long Trades and Short Trades independently. This tip in this video would've saved me at least a year in my trading journey. Get Sentiment Indicators for MT4/MT5 with 70% OFF . 1 day ago · TradingView India. - Open the script settings to adjust line color, style, width, and label visibility. Stop-Loss (SL): Maximum allowed loss level. Jan 12, 2025 · TradingView India. Allows you to test millions of different combinations of stop-loss and take profit parameters, including on any connected indicators. この記事では、ポジションの損切り＆利食いを自動でしてくれるMT4 EA「 Automatic Stop Loss and Take Profit 」を紹介します。 これを使えば、 ポジションを手仕舞うために指値／逆指値注文を毎回する必要はなく、また決済のし忘れ防止ツールとしても役立ちます！ Apr 9, 2023 · An amazing indicator on TradingView is explained in this video that helps you to set stop loss like professionals. The trader receives an alert when a Pin Bar is formed. It helps you determine optimal stop loss levels by leveraging the Average True Range (ATR), a popular measure of market volatility. Nov 29, 2024 · How to Use the Script - Copy the script code into the Pine Script editor in TradingView and apply it to your chart. Aug 31, 2024 · Learn how the Stop Loss Take Profit V2 Indicator automatically calculates key levels to manage risk and secure profits in your trading strategy. This indicator enhances trading strategies by providing clear entry signals and risk management parameters. Mar 27, 2023 · Little tool to quickly identify stops and take-profit levels based on Average True Range. - TP levels are **dynamically recalculated** when the price reaches the initial target, allowing for multiple TP levels during a single trade. 2%, 161. The indicator supports up to four take-profit levels: - TP1 through TP4 Ratios: Specify the price levels for each take-profit target as a percentage of the entry price. new(take_profit_price=27483, stop_loss_price=28000, shares=0. SETTINGS The indicator offers multiple configurable options to adapt to your trading style: Levels. Calculation of Stop Loss and Take Profit: Depending on the value of longIndicator stop loss and take profit levels are not calculated the same way. Take Profit (TP) Levels: Multiple take-profit targets are identified using Fibonacci extension levels (127. This indicator helps traders set adaptive exit points by using a configurable ATR multiplier and defining whether they are in a Long (Buy) or Short (Sell) trade. Stop Loss: A dotted purple line with a price label to indicate the stop loss level set at 3%. Jul 17, 2023 · For sell signals, the stop-loss is set at the upper EMA level, and the take-profit level is calculated by subtracting a specified ratio of the difference between the stop-loss level and the high price from the high price. 2) stop_order = Order. TP3: 1:3 Risk-Reward Feb 12, 2025 · Dynamic Stop Loss & Take Profit is a versatile risk management indicator that calculates dynamic stop loss and take profit levels based on the Average True Range (ATR). Take Profit Levels (Calculated Automatically): TP1: 1:1 Risk-Reward ratio (difference between Entry and SL added to Entry). Example: target_order = Order. Oct 26, 2022 · Overview Curved Stop Loss (Expo) automatically calculates the best stop-loss distance based on real-time momentum and volatility. Label showing the current ATR, up above the last bar Nov 2, 2017 · This script is designed to aid in back-testing and trade execution. The tool plots two lines on the chart - a green dotted line for take profit and a red dotted line for stop loss (similar to the price line) - with a simulated default spread of one pip factored in. A straightforward indicator suitable for both rookie and seasoned traders. You can have up to 5 take profit levels on your chart. Jun 15, 2024 · This TradingView indicator is designed to help traders visualize potential trade entries along with their corresponding stop-loss (SL) and take-profit (TP) levels. It’s designed to dynamically adapt to market conditions by identifying crucial support and resistance zones, determining entry points based on price action and volume, and calculating risk-based exit targets. Detailed Description: The Leverage Take-Profit-Lines indicator is designed to provide traders with a visual representation of take-profit … Feb 22, 2024 · Take-Profit and Stop-Loss Levels: It calculates and plots three levels of take-profit (1R, 2R, 3R) and stop-loss levels based on the entry price of the trade. - Customization: Custom ATR period, 10 is default. Everyone needs to have a stop loss and a take profit order set and let the tr Nov 20, 2024 · Potential loss (SL): Amount you could lose if the price hits your stop-loss. - % Trailing: The Stop-Loss starts 2% away from the entry price - and will move up (because we're on a BUY trade as per our example) every time your trade will gain 2% profit - Percentage: The Stop-Loss stays static 2% away from the entry price. ⭕️ Key Futures Quickly identify the optimal parameters for your strategy. 3x Fixed Percent Stop Loss, Trailing Percent Stop Loss, Trailing ATR Stop Loss, Tailing HHLL Stop Loss 3x Fixed Percent, Take Profit Aug 11, 2024 · ATR+ (Stop Loss Indicator) This script is designed to aid in back-testing and trade execution. Dec 28, 2024 · This updated Risk Management Indicator is a powerful and customizable tool designed to help traders effectively manage risk on every trade. Everyone needs to have a stop loss and a take profit order set and let the trade play out. It displays three sets of values - the teal colored value is the current ATR, the green colored value is your stop loss distance (in pips) below the most recent swing low for long trades, and the red colored value is your stop loss distance (in pips) above the most recent swing high for short trades. Take-Profit Settings. It integrates multiple technical analysis techniques, including moving averages, the Relative Strength Index (RSI), and the Average True Range (ATR), to Feb 7, 2025 · # 📌 Position Size, Stop Loss & Take Profit Calculator ### **Overview** This indicator is designed to help traders **calculate precise position sizes, stop loss levels, and take profit targets** based on their **account size, risk percentage, and market volatility (ATR)**. Jan 10, 2025 · Long Stop Loss: Input your stop-loss level for the long trade. **Dynamic Take Profit (TP) and Stop Loss (SL)**: - **Take Profit (TP)**: - TP levels are calculated as a percentage above (for long trades) or below (for short trades) the entry price. Alert Configuration Each condition is linked to an alert that sends a message when the specific price level is touched. 6 days ago · Full-featured Engine for Automatic Backtesting and parameter optimization. The trader opens a position for the recommended amount in the direction indicated by the indicator and sets the stop loss and take profit at the recommended levels. For short positions, the SL is above the entry price. It assists traders in setting precise stop-loss and take-profit levels based on different risk-reward ratios. For long positions, the SL is below the entry price. This indicator is particularly beneficial for traders who want to automate their risk management process, ensuring they adhere to their trading plan without constantly monitoring the charts. The indicator calculates stop loss and take profit levels for both long and short positions, based on the user's input of ATR length, ATR smoothing method, and multiplier levels for each level. Account Balance when position is closed after reaching the Take Profit level: Amount = AccountSize + (ProfitLevel – EntryPrice) * Qty * Point value * Lot Size: Account Balance when position is closed after reaching the Stop Loss level: Amount = AccountSize — (EntryPrice – StopLevel) * Qty * Point value * Lot Size Additionally, it manages risk and profit targets with: Take Profit (TP): Exits trades when the price reaches a percentage gain. TP3: 1:3 Risk-Reward Tradovate allows adding Stop Loss and Take Profit levels to the order only when placing the order in the order panel, it is not possible to add S/L and T/P levels once the order has been already placed or to an already running position. ) and the entry price. Jan 12, 2025 · Calculate and Plot Take Profit (TP) Levels: The indicator calculates up to three Take Profit (TP) levels, each based on different Risk/Reward (R:R) ratios. Auto Risk Manager **Description:** The "Auto Risk Manager" indicator is designed to assist traders in managing their risk and reward levels efficiently. Then, your take profit levels are R-multipliers based on your stop loss. Only on Black Friday! In order to create a take profit for your strategy on TradingView you will need to create the input value for your parameter in percentage. Jul 21, 2024 · Auto Risk Manager **Description:** The "Auto Risk Manager" indicator is designed to assist traders in managing their risk and reward levels efficiently. Potential gain (TP): Expected profit if the take-profit level is reached. pine at main · hasnocool/tradingview-pine-scripts Auto Trailing stoploss By InvestYourAsset 💥The Auto Trailing Stop-Loss indicator is a technical indicator that uses the ATR (Average True Range) to calculate a trailing stop-loss for both long and short positions. 💥The signals according to the indicator allows traders to exit from the position before its too late! Jan 10, 2025 · How to Use the SL/TP Indicator The SL/TP indicator is a versatile tool designed for traders to easily visualize entry, stop-loss (SL), and take-profit (TP) levels on their charts. Entry: Initial trade price. Stop/Take Bounds The Stop/Take Bounds indicator is tool for setting dynamic stop-loss and take-profit levels based on percentage distance from the price. Allows the trader to customize take profit and stop loss points to display them on the chart. stop_label() This script is a powerful tool for visualizing your trading strategy's performance and helps you make better-informed decisions by considering The RSI ProfitGuard [CHE] Indicator is a comprehensive tool designed to assist traders in making informed decisions by integrating the Relative Strength Index (RSI) with automated Take Profit (TP) and Stop Loss (SL) levels. -ATR Multiple: Set the Stop-Loss 2 times the ATR value below the entry price. - tradingview-pine-scripts/2x take profit, move stop loss to entry. 82 level (red by default) as stop loss, and I take profit every 2 levels depending on the timeframe, is good to let a small part run until break even or ATR 10 (last level). It provides a visual representation of these levels and calculates the pip distance to stop loss, aiding in risk management and trade planning. May 27, 2023 · This indicator helps traders set stop loss and take profit levels based on either ATR or High-Low range. Feb 21, 2025 · 📌 ATR Levels and Zones with Signals – User Guide & TradingView-Compliant Description 🔹 Overview The ATR Levels and Zones with Signals indicator is a volatility-based trading tool that helps traders identify: Key support & resistance levels based on ATR (Average True Range) Buy & Sell signals triggered when price enters key ATR zones Breakout confirmations to detect high-momentum moves ATR with Take and Stop This simple indicator will plot the take profit and stop loss values based on the ATR indicator. ATR (Average True Range) is calculated using a period of 14. Jul 21, 2022 · Two take profit targets moving stop loss to entry after first take profit hit This strategy shows a method to achieve the following trade management: 1) Open a position with two take profit targets 2) When first take profit is hit, move the stop loss to entry price 3) Position is closed when either second take profit is hit or position is stopped out at entry Trading Conditions The trading Pip Crosshairs This is a simple tool designed to help you visualize your stop loss and take profit levels before entering a trade. Trend Trader-Remastered Strategy Official Strategy for Trend Trader - Remastered Indicator: Trend Trader-Remastered (TTR) Overview: The Trend Trader-Remastered is a refined and highly sophisticated implementation of the Parabolic SAR designed to create strategic buy and sell entry signals, alongside precision take profit and re-entry signals based on marked Bill Williams (BW) fractals. This stop loss indicator in TradingView cr Dec 17, 2024 · Using the ATR indicator to set Stop Loss and Take Profit levels provides a dynamic and flexible way to manage risk based on the volatility of the market. May 7, 2020 · The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. The strategy then manages the trade by either trailing the stop or taking profit at predefined levels. This guide will walk you through the steps to configure and use the indicator effectively. Aug 27, 2024 · Take Profit Levels: 1% Take Profit: A dashed red line with a price label for the first take profit level. Feb 7, 2025 · ### General Description: The **Z PLUS Take Profit & Stop Loss** indicator is designed to provide traders with a structured approach to setting take profit (TP) and stop loss (SL) levels. Nov 3, 2024 · This indicator provides a complete rule-based trading system, combining key levels, entry conditions, stop loss (SL), and take profit (TP) management. It displays three sets of values - the teal colored value is the current ATR, the green colored value is your stop loss distance (in pips) below the most recent swing low for long trades , and the red colored value is your stop loss distance (in pips) above the most recent swing high for short trades . Unlike traditional ATR-based methods, this indicator allows traders to set stop levels as a fixed percentage of the price and define the take-profit multiple. The indicator displays the entry, exit, and stop loss levels based on this pattern. It is designed to enhance decision-making by incorporating key volatility and chop (market consolidation) signals into a Nov 13, 2024 · Configurable Take Profit and Stop Loss: Users can set take-profit and stop-loss amounts, and the indicator will visually mark these levels with corresponding dollar amounts for easy reference. As with every other strategy risk management is key. This method ensures that your SL and TP are always in tune with current market conditions, preventing unnecessary stop-outs while maximizing the potential for profit. Stop Loss (SL): Exits trades to limit losses if the price falls by a certain percentage. Jan 6, 2025 · Entry labels include the Stop Loss price for clarity. Take Profit Condition: If the price rises and reaches the take profit level, the alert is triggered. Jul 31, 2021 · This indicator gives you for every trade a stopp loss and take profit line. As a result, the trader can be confident that the stop loss is based on data insights. Each level has custom multiplier and level. 8%). new(stop_loss_price=29000, shares=1) target_order. However, now I wanna convert this strategy into an indicator v5 (study v4) adding alert functionality to it. When placing an order in the order panel, you can manually specify a take profit and/or stop loss. Short Position Example: Long Position Example: Visualization: The script visualizes the trend signals, entry points, take-profit levels, and stop-loss levels on the price chart, making it Oct 6, 2024 · Stop Loss Condition: If the price drops and hits the stop loss level, the alert is triggered. The trades taken have all 1. target_label() stop_order. ckyxueouuamokkcaoijfojylsquqkjzfiklowebpddtfnqvqkqllvuovqeqxdjxl