FiboBot Position Tracker

3 days ago

Manual position tracking overlay with Fibonacci levels, ATR-based stops, and Chandelier trailing stop. Visualizes entries, targets, stop losses with real-time P&L and R:R calculations.

#### Features

Position Visualization
- Two entry levels with average entry calculation
- Two target levels (T1 and T2)
- Original pivot points display (SP1/SP2 for shorts, LP1/LP2 for longs)

Stop Loss Management
- Fixed initial stop loss (typically ATR-based)
- Chandelier Trailing Stop - Activates after Target 1 is hit
- Automatic breakeven protection after T1
- Visual distinction between fixed and trailing stops

### Chandelier Trailing Stop Logic

The Chandelier stop provides dynamic trailing protection after your first target is hit:

For SHORT positions:
- Tracks the lowest low since position opened
- Stop = Lowest Low + (ATR × Chandelier Multiple)
- Only moves down (in your favor), never up

For LONG positions:
- Tracks the highest high since position opened
- Stop = Highest High - (ATR × Chandelier Multiple)
- Only moves up (in your favor), never down

After T1 Hit:
- Stop automatically moves to at least breakeven
- Chandelier can trail beyond breakeven if price continues favorably

3 days ago

Release Notes

Auto SL with override feature