PINE LIBRARY
CalculatePercentageSlTp
Library "CalculatePercentageSlTp"
This Library calculate the sl and tp amount in percentage
sl_percentage(entry_price, sl_price)
this function calculates the sl value in percentage
Parameters:
entry_price: indicates the entry level
sl_price: indicates the stop loss level
Returns: stop loss in percentage
tp_percentage(entry_price, tp_price)
this function calculates the tp value in percentage
Parameters:
entry_price: indicates the entry level
tp_price: indicates the take profit level
Returns: take profit in percentage
sl_level(entry_price, sl_percentage)
this function calculates the sl level price
Parameters:
entry_price: indicates the entry level
sl_percentage: indicates the stop loss percentage
Returns: stop loss price in $
tp_level(entry_price, tp_percentage)
this function calculates the tp level price
Parameters:
entry_price: indicates the entry level
tp_percentage: indicates the take profit percentage
Returns: take profit price in $
This Library calculate the sl and tp amount in percentage
sl_percentage(entry_price, sl_price)
this function calculates the sl value in percentage
Parameters:
entry_price: indicates the entry level
sl_price: indicates the stop loss level
Returns: stop loss in percentage
tp_percentage(entry_price, tp_price)
this function calculates the tp value in percentage
Parameters:
entry_price: indicates the entry level
tp_price: indicates the take profit level
Returns: take profit in percentage
sl_level(entry_price, sl_percentage)
this function calculates the sl level price
Parameters:
entry_price: indicates the entry level
sl_percentage: indicates the stop loss percentage
Returns: stop loss price in $
tp_level(entry_price, tp_percentage)
this function calculates the tp level price
Parameters:
entry_price: indicates the entry level
tp_percentage: indicates the take profit percentage
Returns: take profit price in $
Pine library
In true TradingView spirit, the author has published this Pine code as an open-source library so that other Pine programmers from our community can reuse it. Cheers to the author! You may use this library privately or in other open-source publications, but reuse of this code in a publication is governed by House rules.
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