This is a small, but usefull, script that gives you targets and possible risk/reward according to the last significant highs and lows.
When a high or low is "tapped" and price turns back away it typically tends to return to these levels before bouncing back or "taking a break" and then continuing.
The risk/rewards percentages kan be adjusted for leverage, the leverage can be adjusted in the settings.
The script shows a short term and long term "high" and "low" level, the lookback period can be adjusted in the settings.
I tried to make it as "uninvasive" as possible and it's very handy to have on your chart to quickly turn on off I you need it.
I hope you like it, enjoy!
JD.
#NotTradingAdvice
#DYOR
When a high or low is "tapped" and price turns back away it typically tends to return to these levels before bouncing back or "taking a break" and then continuing.
The risk/rewards percentages kan be adjusted for leverage, the leverage can be adjusted in the settings.
The script shows a short term and long term "high" and "low" level, the lookback period can be adjusted in the settings.
I tried to make it as "uninvasive" as possible and it's very handy to have on your chart to quickly turn on off I you need it.
I hope you like it, enjoy!
JD.
#NotTradingAdvice
#DYOR
Catatan Rilis:
- Added an indication of the maximum leverage at which liquidation occurs.
- The liquidation percentage can be adjusted in the settings (for most exchanges this is not 100% but eg. 70 percent @ Bitmex)
JD.
- The liquidation percentage can be adjusted in the settings (for most exchanges this is not 100% but eg. 70 percent @ Bitmex)
JD.
Catatan Rilis:
cosmetic changes
Disclaimer.
I AM NOT A FINANCIAL ADVISOR.
THESE IDEAS ARE NOT ADVICE AND ARE FOR EDUCATION PURPOSES ONLY.
ALWAYS DO YOUR OWN RESEARCH!
JD.
You can contact me for info/access in PM or on Telegram: @jduyck
PLS, DON'T ASK FOR ACCESS IN THE COMMENT SECTION!
I AM NOT A FINANCIAL ADVISOR.
THESE IDEAS ARE NOT ADVICE AND ARE FOR EDUCATION PURPOSES ONLY.
ALWAYS DO YOUR OWN RESEARCH!
JD.
You can contact me for info/access in PM or on Telegram: @jduyck
PLS, DON'T ASK FOR ACCESS IN THE COMMENT SECTION!