OPEN-SOURCE SCRIPT
Percentage Buy, Target, Stop + Overlay
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
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
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.