theCrypster

Fixed Percent Stop Loss & Take Profit % - For Study Scripts

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Fixed Percent Stop Loss & Take Profit % - { FOR STUDY SCRIPTS! }
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A neat example of how to set up Fixed Stops and Take Profit as a percent of the entry price - This is for setting Alerts within your own Study Script for when either your SL or TP get hit.
Yup, that's about it!

You can ignore the actual entry/exit orders - they're based on a simple MA cross and are therefore NOT relevant, NOT profitable and NOT recommended!

You should be using this code as a way of adding Stops and Takes to your own scripts - hope it helps!

Set your "Open Long/Short" Alerts to be triggered "Once per Bar Close" - Set your "SL/TP" Alerts to trigger "Once per Bar".

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We wrote this with a bit of a rush on! ~ If you spot any mistakes/bugs just let us know and we'll get round to them asap!

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Good Luck and Happy Trading!
Script open-source

Dans le plus pur esprit de TradingView, l'auteur de ce texte l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur ! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par les règles internes. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

Vous voulez utiliser ce script sur un graphique ?
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https://www.theCrypster.com
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> Full Access on our website. 7-Day Free Trial. Crypto Tipster & Crypto Scalper Strategies. Stunning Past Performance
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Commentaires

Hi mate thanks for this! Do you also have an example for multiple take profit levels? e.g. 3 levels. Thanks!
+8 Répondre
As usual u r the best excellent work..keep it up..
+6 Répondre
@Pollard, Thanks! That means a lot! We've been working hard recently trying to improve our products and services, including writing this code! Thought it was too valuable for fellow Pine coders to keep under lock and key!
+1 Répondre
Thanks for sharing.
+1 Répondre
Hey, this is amazing and very helpful. Thank you!
Just one question, is there a way to make stoploss/takeprofit move if we enter again?

Like you did, average price in your "Fixed Percent Stop Loss & Take Profit % - For Stratgey" script?
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Excellent -

Can you help with code for stop-loss and target

Stop-loss = From buy signal, lowest low of last 5 candels.

And take profit = Buy signal + ( difference of buy price - Stoploss )
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This is exactly what I was looking for thank you very much
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Hello mate , How can I put multiple tp by %. 1% will be first tp 2% will be 2nd tp .Like these I need 5TP.

How can I do?
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can you make MT4 indicator AMA opt final slope or Forexsignal30-extream ?
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The script does not set the values correctly. With a tp of 2.5%, we actually have 2.44%. And these values are floating.
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