OPEN-SOURCE SCRIPT

Position Trdaing Lines (2 entries + live PnL)

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Position Trading Lines (2 entries + live PnL) is a utility script designed to visually manage a manual position on the chart, with clear TP/SL levels and real-time profit & loss.

The script does not place orders. It is meant to help you simulate / track an existing or planned position.

Features
• Up to 2 trades on the same symbol
• Each trade has:
• Direction: Long / Short
• Position size (lot)
• Entry price
• Take Profit (T.Profit) price
• Stop Loss (S.Loss) price
• Entry shift in bars from the last candle (to align with past or future entries)
• Visual lines on the price chart
• Horizontal line at the entry price
• Horizontal line at Take Profit
• Horizontal line at Stop Loss
• Informative labels
• Entry label showing: direction, size and @ entry price
• TP and SL labels showing:
• T.Profit / S.Loss
• position size
• @ price
• estimated PnL at that level
• If both trades share the same TP or SL price, a single combined label is shown with the total size and total PnL.
• Commissions
• Global commission input (percentage over notional).
• Commission is included in all PnL calculations.
• Live PnL label
• Real-time combined PnL of the active trades, updated on the last bar.
• Color changes with sign (green for profit, red for loss).
• Selective PnL for Trade 2
• Trade 2 has a switch: “Count PnL in total”.
• You can keep Trade 2 visible on the chart but exclude it from the combined PnL until it is actually active.

This tool is useful for discretionary traders who want a clean visual representation of their position, R:R, and projected outcomes directly on the chart, without relying on the broker’s position panel.

면책사항

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