This script provides a quick and easy way to visualize profits in a chart, based on the given entry date and price. Optionally, alerts can be sent when profits cross up the given "profit unit".
In short:
Tracks how much profit one could take based on the input "entry date" and the input "entry price"
Displays the result in a label on top of the last candle
(Optional) Sends alerts based on the given "profit unit", that is: if '0.5' is given, then an alert is triggered every time the profit is raised by that number (Be careful with low values, as TradingView could stop an alert if it triggers too much.)
Refactoring and the introduction of two input variables:
alertPrefix: Add a custom prefix to the first line of the alert to indicate whatever you like. E.g.: "[FUTURES]". (A trailing white space will be added automatically.)
shoudDebugInfo: Check this box to see the values of the main variables on the chart, below bars. This is for debugging purposes only.
Also notice that the input variable "shouldSendAlerts" was removed; alerts are sent if there is a TradingView alert created / configured beforehand... and the opposite is also true. So the variable wasn't really necessary.
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Fixes a typo.
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Adds a "targetSymbol". That's the symbol for which the indicator is being configured.
This allows for switching to other symbols in the same tab without showing wrong profit data.
If you would like to add multiple profit indicators for different symbols, just insert another profit indicator that targets the new symbol.
Notice: the entry must match the chart's symbol exactly. That is, for example: "BTCUSDT" (instead of just "BTC").
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In this update, the following new features were added:
Both long and short positions are now supported
Helper lines can be now displayed / hidden, such as:
Target percentage lines
Entry, target, stop and liquidation lines
For developers:
The script can format the body of the alert as JSON, so one could send it to a server and automate the trading
Happy trading!
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(Just updated the chart image.)
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Show negative percentage on the STOP and LIQ line labels.
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Fix an issue where labels/lines would be added on top of each other under certain conditions.
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The target percentage lines now also show the value in parenthesis. E.g. "1.5% (41716.5)"
Add the position "size" to the webhook payload (good for some exchanges like FTX)
Remove some pesky leading spaces
Add some code documentation
Refactor / reorganization
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Fix the price format on the added lines.
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Initialize the metadata array before the actual script; this fixes an issue where the profit label would not show.
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Update the chart image
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Add Kucoin's Alice to the metadata list.
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"Currency profit" (e.g. "275.29 USDT") can now be displayed just below the profit percentage label
"Currency profit" is enabled by default. In order for it to be properly calculated, remember to fill in the "size" field
The metadata for "FTMUSDT" (Kucoin) was added
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Fix entry / current price label formatting
Add code documentation
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Add FTX's BTC, ETC and LUNA metadata (perp)
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Fix an error where the alert would be stopped by TradingView in a very specific scenario where metadata would not be available for the current exchange.
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Add metadata information into the debug label; in case a metadata value is empty, a ⚠️ will be displayed for that value.
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Add "offset" and "stop limit" information to the debugging label.
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Displays the current and metadata exchange information in the debugging label.
Displays a warning in case the exchanges don't match.
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Only payload changes:
The payload now includes raw numbers instead of formatted ones (#.##)
DYDX metadata was added (Kucoin)
Fix typo in the debug label
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Add APE metadata (Kucoin).
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Add two more decimals for the prices displayed on the labels (#.## becomes #.####).
Add WAVES metadata (Kucoin).
Add IOST metadata (Kucoin).
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Add the "next stop-limit" line (hidden by default); it shows where the next stop-limit would be, based on the "offset" field
Add ATOM metadata (Kucoin)
Add ZIL metadata (Kucoin)
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Refactor around the debugging label for better clarity
Add LUNA metadata (Kucoin)
Add RUNE metadata (Kucoin)
Add SAND metadata (Kucoin)
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Fix a visibility issue of the "next stop limit" line
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In addition to the next stop-limit line, the script can now also display the current stop-limit line
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Add LINK metadata (Kucoin)
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Add SHIBA metadata (Kucoin)
Updated some decimal labels to display very low numbers (like SHIBA ones) correctly (i.e. "#.####" to "#.########")
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Add FIDA metadata (FTX)
Add XRP metadata (Kucoin)
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Add NEAR metadata (Kucoin).
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Add NEAR metadata (FTX)
Add AAVE metadata (Kucoin)
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Add ZRX metadata (FTX)
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Add APE metadata (FTX)
Add WAVES metadata (FTX)
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Add GMT metadata (Kucoin)
Add TRX metadata (Kucoin)
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Add the profitPercentageTrigger that fine tunes server-side execution.
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Add the profit percentage trigger line
Enhancements around next stop-limit lines
Refactoring
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Fix issue of the percentage trigger line being plotted multiple times
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[Trading Automation] Adds support for adding Kucoin API's key, secret and passphrase into the JSON payload
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Fix formatting issues
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Add current stop limit string into the debug view
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Add the profit percentage trigger into the alert logic
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Add trigger alert String in the debug view
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Enhancements & clean up
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Fix alert logic
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Add flag to indicate Kucoin spot orders
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Add LUNC metadata (Kucoin)
Fix number formatting
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Add a custom percentage line to quickly check the entry price value based on the inserted percentage.
Reformatted the JSON with most relevant information at the top (good for the Apple Watch heehee)
Fix lines percentage formatting
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JSON formatting
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Add LUNC metadata (FTX)
Add current price into JSON payload
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Lines refactoring, documentation
Remove FTX related info
Add Kucoin's futures LTC
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Add Binance's LUNCUSDT pair
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Add Kucoin WAVES futures contract
Fix profit percentage in server's payload
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New Kucoin future contracts: AVAX, GALA
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Add FTM (Kucoin Future)
Add GMT (Kucoin Future)
Refactor around the custom percentage line
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Add new Kucoin future contracts: APT, LDO, MANA, OCEAN, ONE and XMR
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Add Kucoin SOL Futures contract
Remove Kucoin auth fields
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Add new Kucoin Futures contracts: ADA, GAS, NEAR, STORJ
Was excited to find this? Having an issue getting it to function. I changed my timezone to Exchange and I'm definitely entering the correct ticker, but I get no label or lines and the indicator value (next to the indicator name) just shows a zero. Any ideas?
sting22
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I just have to say to you "backslash-f" that YOU have done a good jobb and this is what must of use out here need to be able to se. One realy whant to be able to follow once up and down i % and in real money. PERFECT. 5 STARS TO YOU! * * * * *
RK5551
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YOU ARE MY ONLY HOPE .
RK5551
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Hi Backslash. Can you convert this into AFL or write a short code to just plot few % levels of target & stoploss from 1min price in afl. I have gone crazy in past 3 days looking for something similar :( Feeling sick....
RK5551
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Hi
Thank you for this wonderful script.
Can you make it work for any symbol without manually changing it in pine script or the dialog box?
I see that you have chosen one symbol by default and if using any other symbol chart, script does not plot TP% lines or anything
Thanks a lot..!!!
Best Rishi
backslash-f
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@RK5551 Hi, you have to type the target symbol. By default, it's BTCUSDT. But you can change it to whatever (in the "Symbol" field). That field is important to keep the data we add unique against a symbol. So we can change symbols on the same chart without messing up the indicator.
backslash-f
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Notice: you could make the script work with any type by simply removing "(targetSymbol == currentSymbol) and " after that "if" in line 242. But it may mess thing up (I haven't tried it myself for a while now).