Risk Assist

18 thg 2, 2022

As the profit level increases, the amount of profit taking required to avoid risk asymptotically reaches zero.
This indicator displays the % of the established position required to exit in order to ensure the trade is not a loss if the stop is hit.

Values in green (at or below 100%) indicate a winning position.
Values in red (above 100%) indicate a losing position.

Alert Examples:
If you are intent on "selling half" to avoid risk, you can set an alert on the value of this indicator for 50.
If you are intent on "selling a 3rd" to avoid risk, you can set an alert on the value of this indicator for 33.3.

18 thg 2, 2022

Phát hành các Ghi chú

Updated thumbnail.

21 thg 2, 2022

Phát hành các Ghi chú

Updated version is an overlay that is more user friendly and allows for reliable price target alerts.