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Custom TP/SL Levels (1%, 2%, 3%)

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Custom TP/SL Levels (1%, 2%, 3%) — TanTechTrades™

This indicator automatically plots percentage-based take-profit (TP) and stop-loss (SL) levels around the current price, making it easy to visualize risk/reward scenarios for both long and short trades.

🔹 Features

Three configurable TP/SL levels (default: 1%, 2%, 3%)

Separate plotting for long (green = TP, red = SL) and short (blue = TP, purple = SL) setups

Adjustable percentages for flexible strategy testing

Simple visual overlay to assist with trade planning and management

🔹 How It Works

Long setup: SL lines plotted below entry, TP lines above entry

Short setup: SL lines plotted above entry, TP lines below entry

All levels update dynamically as price moves

This tool is useful for traders who want a quick, no-fuss way to manage position exits and visualize multiple TP/SL levels directly on the chart.

⚠️ Disclaimer: For educational purposes only. Not financial advice.

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.