tp_sl_styling_lib

TP/SL Styling Library

A professional-grade library for creating highly customizable trade management visualizations with extensive styling options and multiple display versions. Perfect for indicators and strategies that require consistent, professional-looking trade level drawings.

Key Features - Extensive Styling Options

Multiple Visual Styles

• Version 1: Traditional multi-label style with left/center/right positioning
  
• Version 2: Modern streamlined style with single-side labels and tooltips
  
• Version 3: Advanced style with directional arrows (▲/▼) and bar-level indicators
  

Comprehensive Customization

• Line Styles: Solid, Dashed, Dotted for all levels
  
• Line Thickness: Individual thickness control for each level
  
• Color Schemes: Separate colors for TP1, TP2, TP3, SL, Entry, Buy/Sell signals
  
• Label Positioning: Flexible left/center/right positioning for all information
  
• Information Display: Configurable display of prices, R:R ratios, percentages, and position sizes
  

Professional Features

• Memory Management: Proper cleanup functions prevent memory leaks
  
• Dynamic Line Adjustment: Automatic line length adjustment based on chart view
  
• Tooltip Integration: Hover information for all trade levels
  
• Bad R/R Detection: Special visualization for poor risk/reward scenarios
  

What Makes This Library Unique

Unlike basic drawing functions, this library provides:

• 3 Different Visual Styles to match any trading strategy aesthetic
  
• Granular Control over every visual element (colors, styles, thickness, positioning)
  
• Professional Consistency across all your indicators and strategies
  
• Memory-Efficient design with proper cleanup methods
  
• Future-Proof architecture with version-based feature progression
  

Usage Example

//@version=5
indicator("My Strategy")
import bilsebub/tp_sl_drawing_lib/1 as tpsl

// Choose your preferred visual style
var VERSION = input.int(3, "Drawing Style", minval=1, maxval=3, options=["Traditional", "Modern", "Advanced"])

// Extensive styling options
var TP1_STYLE = input.string("Solid", "TP1 Line Style", options=["Solid", "Dashed", "Dotted"])
var TP1_THICKNESS = input.int(2, "TP1 Thickness", minval=1, maxval=5)
var TP1_COLOR = input.color(color.green, "TP1 Color")

var LABEL_POS = input.string("Right", "Label Position", options=["Left", "Center", "Right"])
var SHOW_PRICES = input.bool(true, "Show Prices")
var SHOW_RR = input.bool(true, "Show Risk/Reward")

// Create professional trade drawings
var drawings = tpsl.tradeDrawingsUnion.new()

if entrySignal
    tpsl.remove_trade_drawings(VERSION, drawings)
    
    drawings := tpsl.draw_trade_tp_sl(
        version=VERSION,
        direction=1,                    // 1 for buy, -1 for sell
        ep=entry_price,
        tp1=take_profit1,
        tp2=take_profit2, 
        tp3=take_profit3,
        sl=stop_loss,
        rrr=risk_reward_ratio,
        show_tp1=true,
        show_tp2=true,
        show_tp3=false,
        show_sl=true,
        show_ep=true,
        tp_sl_label_pos=LABEL_POS,
        tp_sl_price_pos=SHOW_PRICES ? LABEL_POS : "None",
        tp_sl_rrr_pos=SHOW_RR ? LABEL_POS : "None",
        tp1_style=TP1_STYLE,
        tp1_thickness=TP1_THICKNESS,
        tp1_color=TP1_COLOR
        // ... additional styling parameters
        )

Main Functions

Core Drawing Functions

• draw_trade_tp_sl() - Create complete trade visualization with all styling options
  
• draw_bad_rrr() - Special visualization for poor risk/reward scenarios
  
• remove_trade_drawings() - Clean up all drawings to prevent memory issues
  
• remove_trade_drawings_labels() - Remove only labels while keeping lines
  
• shrink_lines() - Dynamically adjust line lengths based on chart view
  

Data Types

• tradeDrawingsV1 - Traditional multi-label style
  
• tradeDrawingsV2 - Modern streamlined style
  
• tradeDrawingsV3 - Advanced style with directional indicators
  
• tradeDrawingsUnion - Unified interface for all versions
  

Perfect For

• Professional Indicators requiring consistent trade visualization
  
• Trading Strategies with multiple take profit levels
  
• Educational Content with clear trade management displays
  
• Algorithmic Trading systems needing reliable drawing functions
  
• Custom Indicators requiring extensive styling flexibility
  

Pro Tips

• Choose the Right Version: V1 for detailed info, V2 for clean look, V3 for modern style
  
• Memory Management: Always call remove_trade_drawings() before creating new ones
  
• Styling Consistency: Use the same color scheme across all your indicators
  
• Performance: Use shrink_lines() for dynamic line adjustment on large charts
  

Version Comparison

Label Positions:

• V1 (Traditional): Left/Center/Right positioning available
  
• V2 (Modern): Right-side positioning only
  
• V3 (Advanced): Right-side + Bar-level positioning
  

Directional Indicators:

• V1 (Traditional): ❌ Not available
  
• V2 (Modern): ❌ Not available
  
• V3 (Advanced): ✅ Available (▲/▼ arrows)
  

Tooltips:

• V1 (Traditional): ❌ Not available
  
• V2 (Modern): ✅ Available
  
• V3 (Advanced): ✅ Available
  

Bar-Level Markers:

• V1 (Traditional): ❌ Not available
  
• V2 (Modern): ❌ Not available
  
• V3 (Advanced): ✅ Available
  

Memory Efficiency:

• V1 (Traditional): Good
  
• V2 (Modern): Better
  
• V3 (Advanced): Best
  

Note: This library is designed for professional use and provides extensive customization options. Choose the version that best fits your visual style and requirements.

Main Functions:

shrink_lines(version, start_idx, min_bars_label_length, drawings)
  Parameters:
    version (int)
    start_idx (int)
    min_bars_label_length (int)
    drawings (tradeDrawingsUnion)

draw_bad_rrr(version, ep, rrr, min_bars_label_length, ep_thickness, ep_color)
  Parameters:
    version (int)
    ep (float)
    rrr (float)
    min_bars_label_length (int)
    ep_thickness (int)
    ep_color (color)

remove_trade_drawings(version, drawings)
  Parameters:
    version (int)
    drawings (tradeDrawingsUnion)

remove_trade_drawings_labels(version, drawings)
  Parameters:
    version (int)
    drawings (tradeDrawingsUnion)

draw_trade_tp_sl(version, direction, ep, tp1, tp2, tp3, sl, rrr, tp1_perc, tp2_perc, tp3_perc, sizeInfo, patternStartBarIdx, tp_sl_line_length, show_tp1, show_tp2, show_tp3, show_sl, show_ep, show_size_info, tp_sl_label_pos, tp_sl_price_pos, tp_sl_rrr_pos, tp_sl_perc_pos, tp_sl_qty_pos, tp1_style, tp2_style, tp3_style, sl_style, ep_style, tp1_thickness, tp2_thickness, tp3_thickness, sl_thickness, ep_thickness, tp1_color, tp2_color, tp3_color, sl_color, ep_color, buy_color, sell_color)
  Parameters:
    version (int)
    direction (int)
    ep (float)
    tp1 (float)
    tp2 (float)
    tp3 (float)
    sl (float)
    rrr (float)
    tp1_perc (float)
    tp2_perc (float)
    tp3_perc (float)
    sizeInfo (string)
    patternStartBarIdx (int)
    tp_sl_line_length (int)
    show_tp1 (bool)
    show_tp2 (bool)
    show_tp3 (bool)
    show_sl (bool)
    show_ep (bool)
    show_size_info (bool)
    tp_sl_label_pos (string)
    tp_sl_price_pos (string)
    tp_sl_rrr_pos (string)
    tp_sl_perc_pos (string)
    tp_sl_qty_pos (string)
    tp1_style (string)
    tp2_style (string)
    tp3_style (string)
    sl_style (string)
    ep_style (string)
    tp1_thickness (int)
    tp2_thickness (int)
    tp3_thickness (int)
    sl_thickness (int)
    ep_thickness (int)
    tp1_color (color)
    tp2_color (color)
    tp3_color (color)
    sl_color (color)
    ep_color (color)
    buy_color (color)
    sell_color (color)