How to use: Use the cursor to select the time, entry, stop loss, and target position. Then a window will pop up and type the trading fee or any other things you want to adjust to calculate the actual reward/risk ratio according to the price you selected.
Known error: Settings of this script can't be saved as default might due to the interactive price selection function. If anyone knows how to fix it, please let me know.
feature: 1. Dynamic profit label can move up and down vertically on the right-hand side of the box. 2. The breakeven line can tell you you can move your stop loss to the entry price when the price reaches it. 3. Calculate the actual reward/risk ratio based on the trading fee. The calculator only calculates the actual Risk/Reward Ratio, which might be helpful for scalpers. 4. When the price touches sl or tp, that side of the box will be highlighted. Sometimes it doesn't work but I will try my best to fix it. Feel free to share your idea to help me to fix it. 5. Price alert. This tool compares with the alert function but reopens it if you want to change the alert price.
Versionshinweise
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Optimized code and provide much faster performance
@tRADERlI-, Have you thought about the possibility of calculating risk management with several orders to enter a position? If I use POI for trading - I split my entry points into 2-4. For example, for 3x - 20%, 30%, 50%, because you can never be sure where exactly the price will be. It would be useful if, when setting the risk per trade, the amount of the deposit, stop loss and interest for each separate entry, the amount of the position for each entry would be calculated. what do you think about it?
tRADERlI-
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@Mil_Cheese, I can implement that when I have time
Mil_Cheese
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@tRADERlI-, super Hope, you will have time for this
FeliciaJT
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Hi thanks for your sharing. This is what I'm looking for!!
tRADERlI-
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@nexchang, np
ElevenMay2022
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Could u please convert it to english for international use
JMF_Tattoo
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@ElevenMay2022, it is translated, Look in the code, they have english subtitles on everything commented out. All you have to do is un comment those and comment out the Chinese