OPEN-SOURCE SCRIPT

ROI Levels Indicator

ROI Levels Indicator 📈💰

Description: The "ROI Levels Indicator" helps you visualize key Return on Investment (ROI) levels directly on your chart, making it easier to track your profit milestones! 🚀 This tool allows you to enter your entry price, and it calculates levels from 100% up to 1000% ROI, each with a spread to represent potential support and resistance zones. The levels are visually represented by red rectangles to help identify zones where the market might react. This is a great way for traders to easily understand profit-taking points and psychological price levels!

Features:

  • 🛠️ Custom Entry Price: Set your own entry price to start calculating ROI levels.
  • 📊 Multiple ROI Levels: Levels from 100% to 1000%, with a customizable spread for visual clarity.
  • 🔴 Visual Representation: Each level is marked with a full-screen-width rectangle and label, making it easy to track.
  • 🚨 Entry Price Plot: A red dashed line marks your entry price for easy reference.


How to Use:

  1. Enter Your Price: Use the "Entry Price" input field to specify the entry price of your trade.
  2. Spread Adjustment: Adjust the spread percentage if you want more or less tolerance around each ROI level.
  3. View the Levels: The script automatically plots 100% to 1000% ROI levels. Each level is represented by a red rectangle and labeled on the right side for quick identification.
  4. Track Profit Zones: Use the plotted ROI levels to identify key profit-taking areas or potential zones of support and resistance.
  5. Pro Tip: Use these levels as reference points to decide when to scale out of positions or manage risk effectively! 🎯


Happy trading, and may your ROI always be on the rise! 📈🔥

Chart patternsCyclesinvestmentROI

Open-source Skript

Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source verÜffentlicht. Auf diese Weise kÜnnen nun das Script auch andere Trader verstehen und prßfen. Vielen Dank an den Autor! Sie kÜnnen das Script kostenlos verwenden. Die Nutzung dieses Codes in einer VerÜffentlichung wird in unseren Hausregeln reguliert. Sie kÜnnen es als Favoriten auswählen, um es in einem Chart zu verwenden.

MĂśchten Sie dieses Skript auf einem Chart verwenden?

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