The tool you're using is a financial instrument trading planner and analyzer.
Here is how to use it:
Trade Planning: You can plan your trade entries and exits, calculating potential profits, losses, and their ratio (P/L ratio). You can define up to five target closing prices with varying volumes, which can be individually activated or deactivated (volume set to 0%).
Risk Management: There's a stop-loss function to calculate and limit potential losses. Additionally, it includes a liquidation pre-calculation for adjustable leverages and position maintenance(subject to exchange variation).
Customization: You can customize the tool's appearance with five adjustable color schemes, light and dark.
-----------------
Initiation: This tool functions as an indicator. To start, add it as an indicator. Once added, you can close the indicator window. Now wait, till you'll see a blue box at the bottom of the input window.
Parameter Input: Enter your parameters (SL, box left, box right, TP1, TP2, TP3, TP4, TP5) in the direction of the desired trade. Click from top to bottom for a short trade or bottom to top for a long trade.
Adjustment: If you want to move the box in the future, adjust the times in the indicator settings directly as click input is not yet platform-supported.
This tool functions as a ruler and doesn't offer alerts (for now).
Here is another examples of how to set up a Position-calculation but here for a short:
Have fun trading
Notes de version
⋅
change of the standard colortheme to a new light /dark compatible one 0->5 no other changes
@rosshanydv, thats a oneshot tool to messure profit with multiple Targets
Initiation: This tool functions as an indicator. To start, add it as an indicator. Once added, you can close the indicator window. Now wait, till you'll see a blue box at the bottom of the input window.
Parameter Input: Enter your parameters (SL, box left, box right, TP1, TP2, TP3, TP4, TP5) in the direction of the desired trade. Click from top to bottom for a short trade or bottom to top for a long trade.