massiveMoth88776

CalculatePercentageSlTp

Library "CalculatePercentageSlTp"
This Library calculate the sl and tp amount in percentage

sl_percentage(entry_price, sl_price)
  this function calculates the sl value in percentage
  Parameters:
    entry_price: indicates the entry level
    sl_price: indicates the stop loss level
  Returns: stop loss in percentage

tp_percentage(entry_price, tp_price)
  this function calculates the tp value in percentage
  Parameters:
    entry_price: indicates the entry level
    tp_price: indicates the take profit level
  Returns: take profit in percentage

sl_level(entry_price, sl_percentage)
  this function calculates the sl level price
  Parameters:
    entry_price: indicates the entry level
    sl_percentage: indicates the stop loss percentage
  Returns: stop loss price in $

tp_level(entry_price, tp_percentage)
  this function calculates the tp level price
  Parameters:
    entry_price: indicates the entry level
    tp_percentage: indicates the take profit percentage
  Returns: take profit price in $
Pine library

In true TradingView spirit, the author has published this Pine code as an open-source library so that other Pine programmers from our community can reuse it. Cheers to the author! You may use this library privately or in other open-source publications, but reuse of this code in a publication is governed by House Rules.

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