OPEN-SOURCE SCRIPT
MACD Strategy- Script Example how to use % SL in your script
** Tired of Script showing a trade that you stopped out on but is still long on your script? Not any more**
I used Pine script to create realistic trading scenarios for SL users. Now your scripts will reflect what you see on the order book.
a=0.0
a := (*Insert buy condition*)? close: nz(a[1])
plot(0.98*a, color= green) //2%SL for BUY
b=0.0
b:= (*Insert Short condition*) ? close: nz(b[1])
plot(1.02*b, color= red) //2% SL for Short
Please check the script on how to implement this :)
I used Pine script to create realistic trading scenarios for SL users. Now your scripts will reflect what you see on the order book.
a=0.0
a := (*Insert buy condition*)? close: nz(a[1])
plot(0.98*a, color= green) //2%SL for BUY
b=0.0
b:= (*Insert Short condition*) ? close: nz(b[1])
plot(1.02*b, color= red) //2% SL for Short
Please check the script on how to implement this :)
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.
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.
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.