Stop Loss & Take Profit For Overlay Indicators[LePasha]

Stop Loss & Take Profit For Overlay Indicators [LePasha]
This indicator helps traders easily visualize Stop Loss (SL) and Take Profit (TP) levels based on custom buy and sell signals from any overlay indicators or price-based sources.

Key Features:

Accepts buy and sell signals from any indicator or price source on your chart.

Automatically calculates SL and TP levels using ATR-based volatility for dynamic risk management.

Allows customization of capital, risk percentage per trade, and reward-to-risk ratio.

Displays clear colored boxes on the chart showing potential profit and loss zones.

Calculates position size and required leverage based on your risk settings.

Designed to work with your preferred strategies by simply connecting signal inputs.

Helps you visually manage trades with precise risk control and reward targets.

How to Use:

Connect your buy and sell signals (e.g., from Moving Average crossovers, custom scripts, or price levels) to the indicator’s inputs.

Adjust risk settings to fit your trading style (capital, risk %, reward ratio).

Watch as the indicator draws TP and SL zones on your chart when signals occur.

Use this information to set stops and targets in your trades confidently.

Perfect for traders who want simple, clear, and reliable trade management visuals based on their own strategy signals.