Introducing the Pivot Profit Target! This script identifies recent pivot highs/lows and calculates the expected minimum distance for the next pivot, which acts as an approximate profit target. The image above details the indicator's output. The image above shows a table consisting of projection statistics. How to use The Pivot Profit Targets can be...
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...
Abstract This script finds potential safe grids placing limit orders without fear of missing out. This script computes grids according to power of 1.0025 . You can reference those price levels for your trading. Introduction Grid trading is a popular trading method. Traders plan several price levels as grids and repeat buying at lower grids and selling at higher...
Stay ahead of the markets moves with "Prophit Ninja: Hidden Scroll". Our legendary senseis have mastered the arts of wielding the Katana and Shuriken over many decades of focused practice and distilled their systems and techniques down to their most vital form- storing their knowledge in this ancient scroll for easy adoption by any ninja practiced enough to be...
This script helps the user visualize profit targets and calculates position size based on the input risk amount. Input variables: - Risk amount - Entry price - Stop loss amount - Profit target amount Calculated variables: - Profit loss ratio - Position size - Postion cost Plotted variables: - shaded: entry price --> price target (green filled) -...
Unlike other static or lazy stop-loss tools, the Dynamic Trailing Stop uses proprietary “Smart-Stop” technology to protect your profits while minimizing risk. When price consolidates or moves sideways, the D.T.S. clearly identifies support and resistance levels — remaining unchanged until price exits consolidation and resumes moving upwards or downwards. Though...
Product Page: www.fibozachi.com Fibozachi - Dynamic Trailing Stop (D.T.S.) Unlike other static or lazy stop-loss tools, the Dynamic Trailing Stop uses proprietary “Smart-Stop” technology to protect your profits while minimizing risk. When price consolidates or moves sideways, the D.T.S. clearly identifies support and resistance levels — remaining unchanged...