Wick Fill Targets - JD

This is a small, but usefull, script that gives you targets and possible risk/reward according to the last significant highs and lows.

When a high or low is "tapped" and price turns back away it typically tends to return to these levels before bouncing back or "taking a break" and then continuing.

The risk/rewards percentages kan be adjusted for leverage, the leverage can be adjusted in the settings.

The script shows a short term and long term "high" and "low" level, the lookback period can be adjusted in the settings.

I tried to make it as "uninvasive" as possible and it's very handy to have on your chart to quickly turn on off I you need it.

I hope you like it, enjoy!
JD.

#NotTradingAdvice
#DYOR

Release Notes

- Added an indication of the maximum leverage at which liquidation occurs.

- The liquidation percentage can be adjusted in the settings (for most exchanges this is not 100% but eg. 70 percent @ Bitmex)

JD.

Release Notes

cosmetic changes

Protected script

This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.

Duyck

Disclaimer.
I AM NOT A FINANCIAL ADVISOR.
THESE IDEAS ARE NOT ADVICE AND ARE FOR EDUCATION PURPOSES ONLY.
ALWAYS DO YOUR OWN RESEARCH!
JD.

You can contact me for info/access in PM or on Telegram: @jduyck
PLS, DON'T ASK FOR ACCESS IN THE COMMENT SECTION!

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Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Protected script

This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.

Duyck

Also on: