[c3s] Sk System Calculator

Key Features:
Amount in USD: Allows you to input the amount you wish to trade in USD.
Leverage: Adjust the leverage used in your trading strategy.
Percentage Calculation: Set the percentage for the next level calculation.
Dynamic Calculations: Automatically calculates the number of units based on the current price and leverage.
Break Even & TP1 Calculation: Provides the percentage values for when to move your SL to break even and the first TP level.
Clear Visual Display: Displays the calculated values in a user-friendly table on your chart.
This indicator simplifies your trading process by providing all the necessary calculations in one place, helping you to make more informed decisions and optimize your trading strategy.
Key Features:
Amount in USD: Allows you to input the amount you wish to trade in USD.
Leverage: Adjust the leverage used in your trading strategy.
Percentage Calculation: Set the percentage for the next level calculation.
Dynamic Calculations: Automatically calculates the number of units based on the current price and leverage.
Break Even & TP1 Calculation: Provides the percentage values for when to move your SL to break even and the first TP level.
Clear Visual Display: Displays the calculated values in a user-friendly table on your chart.
This indicator simplifies your trading process by providing all the necessary calculations in one place, helping you to make more informed decisions and optimize your trading strategy.
Added the original percentages to the table for better clarity.
Updated the color scheme of the table for improved visualization.
New Features:
Original Percentages:
Included the original percentages without leverage in the table for more accurate and comprehensive information.
Table Color Update:
Changed the colors of the table cells to enhance readability and aesthetic appeal.
Overview:
This release introduces significant updates to the [c3s] Sk System Calculator, enhancing the visualization of key trading levels, including Take Profit 1 (TP1), Stop Loss (SL), Break Even (BE), and more. These changes aim to improve the clarity and usability of the trading script, providing traders with a more intuitive and informative visual representation of their strategies.
New Features:
Improved Label Positioning:
All labels (Buy, SL, BE, TP1) have been repositioned to the right side of the chart for better visibility and readability.
The labels now include a slight offset to prevent overlap and ensure clear separation between different trading levels.
Accurate Calculation of TP1:
The TP1 value is now accurately calculated to be three times the Stop Loss (SL) value, aligning with the intended trading strategy.
Enhanced Line Visualization:
Lines representing different trading levels (Buy, SL, BE, TP1) are extended to the right side of the chart for better tracking of price movements over time.
Each line is color-coded for easy identification:
- Green: Buy
- Red: Stop Loss (SL)
- Yellow: Break Even (BE)
- Lime: Take Profit 1 (TP1)
Dynamic Table Updates:
The information table at the bottom right of the chart is dynamically updated to reflect the latest values of leverage, amount, purchase price, units, next level percentage, SL percentage, Break Even, and TP1.
Bug Fixes:
Fixed a calculation error where the TP1 value was not accurately reflecting three times the SL value.
SK Trading Rules:
FB Purchase (Golden Pocket 0.5 & 0.618):
- 0.5
- 0.559
- 0.618
- 0.667
Purchase each level only once. If a level has already been triggered, it will be deactivated.
SL (Stop-Loss):
SL always just before the next level:
- 0.702
Set Order to Break-Even:
- 0.5 drawdown, reach break-even (first target zone)
Double SL to break-even (at SL -1% to 2% in profit)
Partial Profit:
- 3 times SL: Partial profit at 3% (1/3 of total profit)
Risk Management:
Risk management: Maximum 1% of trading capital
Known Issues:
No known issues at this time.
Notes:
Traders are encouraged to adjust the offset value for label positioning as needed to fit their specific chart layout and preferences.
Conclusion: This update significantly enhances the visual clarity and accuracy of the [c3s] Sk System Calculator. Users will now have a more intuitive and visually appealing way to track their trading strategies and key levels, along with a clear set of trading rules to follow.
Enhanced Risk Management
Added configurable Trading Capital parameter for more accurate risk assessment
New risk warnings when SL exceeds your maximum preferred capital risk
Added capital risk percentage calculation and visual indicators
Risk-to-reward ratio now displayed directly in the information table
Improved Price Level Display
Added option to show exact prices with full decimal precision
Configurable price format (2-5 decimal places)
Price labels now show percentage change from entry
Added clear distance measurements for stop loss levels
Visual Enhancements
Separate colors for lines (muted) and table elements (vibrant)
Customizable line length and label positioning
Warning indicators for high-risk trades
Current price now displayed in the information panel
Table Improvements
Reorganized layout for better information hierarchy
Added Trading Capital display in the header
Enhanced SL price information with distance data
Color-coded risk assessment cells
Calculation Refinements
More accurate profit/loss calculations based on position size
Improved leverage impact calculations
Added partial take profit calculations (25% of position)
Technical Details
Added tooltips with trading strategy guidance
Improved table position customization (4 screen locations available)
Added priceFormat parameter for custom decimal places
Fixed calculation issues with sl_profit_loss variable
This update focuses on improved risk management and more precise price level displays, giving you the essential information needed for safer and more profitable trades.
Enhanced Risk Management Suite
- Added configurable Trading Capital parameter for personalized risk assessment
- Added Max Capital Risk % setting (1-20%) to set your custom risk tolerance
- Added toggle for Fixed Risk Thresholds (1% of capital, 10% of position size)
- Visual risk warnings now respect your chosen risk parameters
- Color-coded risk indicators for immediate visual feedback
Improved Price Precision
- Added configurable price format options (2-5 decimal places)
- Exact price display for all trading levels
- Distance measurements for stop loss with percentage calculation
- Added percentage change indicators for all price levels
Enhanced Visual Display
- Reorganized information table for better readability
- Separate colors for chart lines and table elements
- Customizable line length and label positioning
- Current price display for easy market reference
Trading Calculations
- Added Risk:Reward ratio display
- Improved profit/loss calculations based on actual position size
- Added partial take profit calculations (25% of position)
- Added leverage impact assessment
Technical Improvements
- Fixed issue with undefined sl_profit_loss variable
- Added tooltips with trading strategy guidance
- Added table position customization (4 screen locations)
- Improved warning system logic to prevent false alarms
- Added "Check Fixed Risk Thresholds" option to toggle stricter risk checks
This update focuses on giving traders more control over their risk management while providing clearer, more precise price information for better trading decisions.
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.
Per un accesso rapido a un grafico, aggiungi questo script ai tuoi preferiti: per saperne di più clicca qui.
Declinazione di responsabilità
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.
Per un accesso rapido a un grafico, aggiungi questo script ai tuoi preferiti: per saperne di più clicca qui.