OPEN-SOURCE SCRIPT

Clean Zone + SL/TP (Latest Only)

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📌 Description

Clean Zone + SL/TP (Latest Only) is an indicator designed to highlight the most recent supply or demand zone based on pivot highs/lows, and automatically plot entry, stop loss, and multiple take profit levels.

🔹 Automatic Direction Detection

The script can auto-detect trade direction (Long/Short) using pivot logic, or you can override manually.

🔹 Zone Drawing

Only the latest valid supply (red) or demand (green) zone is displayed.

Zones are extended to the right for a customizable number of bars.

🔹 Entry / SL / TP Levels

Entry, Stop Loss, and TP1/TP2/TP3 levels are plotted automatically.

Targets can be calculated either by zone size or by ATR-based multiples.

Risk/Reward ratios are fully adjustable.

🔹 Customizable Display

Toggle visibility for zones (box), entry/SL/TP lines, and price labels.

Labels show only on the latest bar for a clean chart look.

🎯 Use Case

This tool helps traders quickly identify the cleanest and most recent supply/demand setup and manage trades with predefined risk/reward targets. It’s especially useful for price action traders and those who prefer simple, uncluttered charts.

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