Dynamic TP Based on RR - Position Tool

2025년 12월 6일

Simple indicator that automatically plots the take-profit (TP) level based on the below inputs:
- Entry price
- Stop-loss (SL)
- Risk-to-reward (RR)

The long/short-position drawing tools are simple enough to use, but wanted something that will automatically plot the TP instead. Couldn't find anything basic and free of extra features so built this instead.

This is how I use it.

1 (optional): Use the long/short-position drawing tool to plot the entry and stop-loss levels

2: Enable the indicator and enter the inputs
- Entry
- SL
- RR

3: The TP will automatically plot. Change the RR to your liking.

2025년 12월 6일

릴리즈 노트

Updated dynamic position TP tool based on entry, stop-loss, RR inputs.

1월 4일

릴리즈 노트

Some minor updates:

- Inputs
-- Account size ($)
-- Risk size per trade (%)
-- Market/instrument selection (only using index futures for now)

- Outputs
-- Contract size in brackets next to the SL number (if the number is 0 then risk parameters are beyond account size's capacity)

1월 6일

릴리즈 노트

Padding from current candles added

1월 23일

릴리즈 노트

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