theCrypster

Fixed Percent Stop Loss & Take Profit % - For Study Scripts

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Fixed Percent Stop Loss & Take Profit % - { FOR STUDY SCRIPTS! }
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A neat example of how to set up Fixed Stops and Take Profit as a percent of the entry price - This is for setting Alerts within your own Study Script for when either your SL or TP get hit.
Yup, that's about it!

You can ignore the actual entry/exit orders - they're based on a simple MA cross and are therefore NOT relevant, NOT profitable and NOT recommended!

You should be using this code as a way of adding Stops and Takes to your own scripts - hope it helps!

Set your "Open Long/Short" Alerts to be triggered "Once per Bar Close" - Set your "SL/TP" Alerts to trigger "Once per Bar".

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We wrote this with a bit of a rush on! ~ If you spot any mistakes/bugs just let us know and we'll get round to them asap!

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Good Luck and Happy Trading!
Open-source Skript

Ganz im Sinne von TradingView hat der Autor dieses Skripts es als Open-Source veröffentlicht, damit Trader es verstehen und überprüfen können. Ein Hoch auf den Autor! Sie können es kostenlos verwenden, aber die Wiederverwendung dieses Codes in einer Publikation unterliegt den Hausregeln. Sie können das Skript den Favoriten hinzufügen, um es auf dem Chart zu verwenden.

Möchten Sie dieses Skript auf einem Chart verwenden?
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https://www.theCrypster.com
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> Full Access on our website. 7-Day Free Trial. Crypto Tipster & Crypto Scalper Strategies. Stunning Past Performance
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Kommentare

Hi mate thanks for this! Do you also have an example for multiple take profit levels? e.g. 3 levels. Thanks!
+6 Antworten
As usual u r the best excellent work..keep it up..
+6 Antworten
@Pollard, Thanks! That means a lot! We've been working hard recently trying to improve our products and services, including writing this code! Thought it was too valuable for fellow Pine coders to keep under lock and key!
+1 Antworten
Thanks for sharing.
+1 Antworten
This is exactly what I was looking for thank you very much
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can you make MT4 indicator AMA opt final slope or Forexsignal30-extream ?
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The script does not set the values correctly. With a tp of 2.5%, we actually have 2.44%. And these values are floating.
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Hello, I want to compliment you on a very good script for alerts. I used this strategy of yours with minor modifications. But unfortunately in one very ugly way I discovered one big flaw in the script. Namely, on August 2, 2020, btc had a correction of approximately 17% in 2 minutes. I had a strategy on the 15 min chart. The basis was cross ema 7 / sma 2, when btc dropped so fast, there was an instant cross 7/21 and it automatically opened the signal for short and canceled the stop loss to long although short was not actually confirmed yet because it was not close. So I was immediately liquidated. What I tried was to put offset 1 for the signal, in fact that's how it should print the signal, not on the current candle, but after the confirmed cross after the close candle, on the close / open candle. In fact, your strategy repaint. If you could correct this mistake, I would be grateful.
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cryptodestroyer cryptodestroyer
@cryptodestroyer, Although I put offset 1, the script is not behaving as it should, so this is beyond my knowledge.
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