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FiboBot Position Tracker

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Manual position tracking overlay with Fibonacci levels, ATR-based stops, and Chandelier trailing stop. Visualizes entries, targets, stop losses with real-time P&L and R:R calculations.

#### Features

Position Visualization
- Two entry levels with average entry calculation
- Two target levels (T1 and T2)
- Original pivot points display (SP1/SP2 for shorts, LP1/LP2 for longs)

Stop Loss Management
- Fixed initial stop loss (typically ATR-based)
- Chandelier Trailing Stop - Activates after Target 1 is hit
- Automatic breakeven protection after T1
- Visual distinction between fixed and trailing stops

### Chandelier Trailing Stop Logic

The Chandelier stop provides dynamic trailing protection after your first target is hit:

For SHORT positions:
- Tracks the lowest low since position opened
- Stop = Lowest Low + (ATR × Chandelier Multiple)
- Only moves down (in your favor), never up

For LONG positions:
- Tracks the highest high since position opened
- Stop = Highest High - (ATR × Chandelier Multiple)
- Only moves up (in your favor), never down

After T1 Hit:
- Stop automatically moves to at least breakeven
- Chandelier can trail beyond breakeven if price continues favorably
Catatan Rilis
Auto SL with override feature

Pernyataan Penyangkalan

Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.