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fnneves

SL/TP assistant

fnneves  
Volatility range amplitude stoploss takeprofit variation scalping
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volatility range amplitude stoploss takeprofit variation scalping
This is a simple script to quickly see changes in % in each candle.
In blue open/close variation. In red Histogram with range between high and low.

This helps me understand very quickly what's the typical change in % for a specific timeframe/pair, so I can fine tune my Stop Losses and Take Profits.
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.

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.

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