OPEN-SOURCE SCRIPT
Target_SL_Indicator
Indicator which plots lines at levels as per below calculations
Line1: high + (high - low) * 0.146
Line2: high + (high - low) * 0.236
Line3: low + (low - high) * 0.146
Line4: low + (low - high) * 0.236
The multiplication factors are also configurable and can be given from inputs.
High and low are calculated on the bar which is calculated as below.
Bar on which calculations are done :: starting bar of day + number of bars as given in input.
Line1: high + (high - low) * 0.146
Line2: high + (high - low) * 0.236
Line3: low + (low - high) * 0.146
Line4: low + (low - high) * 0.236
The multiplication factors are also configurable and can be given from inputs.
High and low are calculated on the bar which is calculated as below.
Bar on which calculations are done :: starting bar of day + number of bars as given in input.
نص برمجي مفتوح المصدر
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
نص برمجي مفتوح المصدر
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.