Artharjan Profit & Loss Calculator

rsdesai005 Updated   

Artharjan Profit and Loss Calculator allows users to calculate Profit and Loss of their trades and see it on the chart itself
Users are supposed to select either Long or Short, Enter quantity and enter traded price. The live P&L will be plotted on the chart.

Happy trading :-)
Release Notes:
Hi Guys,

I have updated the Artharjan Profit & Loss Calculator Indicator to show on the chart various other information such as Trade Direction, Entry Price, Target Price, SL Price, Current Distance from Target and Current Distance from Stop Loss.
I have also added a functionality to adjust the font size and the position of the Table on the chart.

I hope you would like it.

Rahul Desai@Artharjan
Release Notes:
Added Traded QTY as well in the Table.
Release Notes:
Updated script to accommodate Current v/s Initial Target and Stoploss Levels
Release Notes:
Updated Current Profits in terms of Amount and Points
Release Notes:

I have given a complete new look with added functionality to Artharjan Profit & Loss Calculator indicator. A trader will be able to select the SYMBOL of his own choice decide the direction either Long or Short, enter QTY, Entry Price, Target Price and SL Price and this indicator will show live P&L on the chart during market hours. I have made provision for total 5 trades, but you have more than 5 trades then you may duplicate this indicator and add new positions into that indicator and track live P&L.

NOTE: This indicator will show the Profit & Loss only and only if at least one of the Trade Details are entered with Quantity > 0, if this criteria is not met it will not show Profit & Loss Table on the chart.

Hope traders will enjoy using this indicator.
Release Notes:
Made some cosmetic changes. Rest of the indicator remains as is.

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Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.


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