This is a proof of concept for a Trading View Script Addon for stepped and trailing Take Profit levels. A great risk management tool.
It will give you 3 TakeProfit levels and one StopLoss that will rise as TP targets are hit. You can set the TP levels as % of the price as is common for many trading tools. The additional trailing for the third TP level is an extra...
While doing some backtesting I caught a crazy move to the downside that I just couldn't resist to share with You, plus adding some details about my strategy.
Hope you guys find this helpful! Cheers!
DovyFX