As the profit level increases, the amount of profit taking required to avoid risk asymptotically reaches zero. This indicator displays the % of the established position required to exit in order to ensure the trade is not a loss if the stop is hit.
Values in green (at or below 100%) indicate a winning position. Values in red (above 100%) indicate a losing position.
Alert Examples: If you are intent on "selling half" to avoid risk, you can set an alert on the value of this indicator for 50. If you are intent on "selling a 3rd" to avoid risk, you can set an alert on the value of this indicator for 33.3.
Notes de version
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Updated thumbnail.
Notes de version
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Updated version is an overlay that is more user friendly and allows for reliable price target alerts.