OPEN-SOURCE SCRIPT
Equity chart [LM]
Hey Guys,
I have created draft version of chart where you can put your position amount and position price and position date for each entry and it will chart your equity as candle stick chart. There are currently possible to include 4 positions but you can add as many you like by modyfing the code.
It will calculate your average entry based on your input and in date where you add other entry it will create gap. I have already plan to include there also leverage on each position. The idea is that you should trade your equity and with this indicator you will be able to create your custom indicator based on equity chart and not price chart.
!! Unless you will enter position nothing will be rendered
Indicator is under breadth indicator because didn't know where to put it.
I release this script for collaboration and improving the idea with new features
Cheers,
Lukas
I have created draft version of chart where you can put your position amount and position price and position date for each entry and it will chart your equity as candle stick chart. There are currently possible to include 4 positions but you can add as many you like by modyfing the code.
It will calculate your average entry based on your input and in date where you add other entry it will create gap. I have already plan to include there also leverage on each position. The idea is that you should trade your equity and with this indicator you will be able to create your custom indicator based on equity chart and not price chart.
!! Unless you will enter position nothing will be rendered
Indicator is under breadth indicator because didn't know where to put it.
I release this script for collaboration and improving the idea with new features
Cheers,
Lukas
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
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.