Custom Level Indicator

This indicator is mainly used for back testing your strategy manually. It allows you to set a fixed target value and SL value to see if your strategy hits the target or it hits the SL.
Input the entry value.
It will allow you to input a fixed target value and SL value for both bullish and bearish trades. The Bullish trades are indicated by Green and Bearish trades are indicated by Red lines.

Release Notes

This script is used to back test your strategy manually.
You can enter a value and you will get 4 level drawn on the chart.
Green lines are for Target and SL for Bullish trades. Red lines are for Target and SL for Bearish trades. You can choose the Target and SL percentages to suit your trading style.

Release Notes

Updated the code to debug

Release Notes

Instead of lines drawn on the chart, the values will be displayed as a table on the top right part of the chart

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.

msramg

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

msramg