INVITE-ONLY SCRIPT
已更新 Zeal Trade Helper
Once you have mastered a trading strategy, risk management is the most important aspect of trading that will enable and long and successful trading career. The Zeal Trade Helper is based on Van Tharp's theory of R. It provides an immediate visual trading plan, as well as sizing parameters for trading equity and options (.25 and .50 deltas) based on a number of inputs to help you avoid needing to do quick mental math in the moment of taking a trade.
HOW TO USE
- First, you will need to input your R value. To find your R value, divide your **average green day** by the **average number of trades you take in a day**. Once you have this number, enter it into the "Your R Value" field in the indicator settings.
- The indicator settings then provides you with 5 different setup entries. When you have your watchlist ready for the day, simply go through and choose the specific stock, enter your entry price, stop loss, target, and setup type (build, short, bounce, or reject).
OUTPUTS
**Trading Plan**
The indicator will display a visual trading plan based on the inputs you entered on each individual stock's chart. The trading plan will have a green box and red box to represent your entry, target, and stop loss.
**Risk Parameters**
The indicator will also display text outlining what your risk parameters and sizing should be for the trade based on your R value. You will see 3 different lines: the first line showing the number of shares you can trade, the second line showing the number of option contracts you can trade at .50 delta, and the third line showing the number of option contracts you can trade at .25 delta. For reference, at the money options are .50 deltas. Even if you aren't trading exactly .50 or .25 deltas, these values will still help as a frame of reference in the moment of putting on the trade.
**Note that you can toggle the appearance of either of these outputs by checking/un-checking the boxes next to "Display trading plan" and "Display risk parameters" in the indicator settings.
Examples:
1. "**240 shares with $1.25 risk**" means you can take 240 shares and risk $1.25 on the share's price based on your R value
2. "**4.8 Cons @ .50 delta with $0.62 risk**" means you can take either 4 or 5 at the money option contracts and risk $0.62 **on the option contract's value** based on your R value
3. "**9.8 Cons @ .50 delta with $0.31 risk**" means you can take either 9 or 10 option contracts that have a .25 delta (a bit out of the money) and risk $0.31 **on the option contract's value** based on your R value
Happy Trading!
HOW TO USE
- First, you will need to input your R value. To find your R value, divide your **average green day** by the **average number of trades you take in a day**. Once you have this number, enter it into the "Your R Value" field in the indicator settings.
- The indicator settings then provides you with 5 different setup entries. When you have your watchlist ready for the day, simply go through and choose the specific stock, enter your entry price, stop loss, target, and setup type (build, short, bounce, or reject).
OUTPUTS
**Trading Plan**
The indicator will display a visual trading plan based on the inputs you entered on each individual stock's chart. The trading plan will have a green box and red box to represent your entry, target, and stop loss.
**Risk Parameters**
The indicator will also display text outlining what your risk parameters and sizing should be for the trade based on your R value. You will see 3 different lines: the first line showing the number of shares you can trade, the second line showing the number of option contracts you can trade at .50 delta, and the third line showing the number of option contracts you can trade at .25 delta. For reference, at the money options are .50 deltas. Even if you aren't trading exactly .50 or .25 deltas, these values will still help as a frame of reference in the moment of putting on the trade.
**Note that you can toggle the appearance of either of these outputs by checking/un-checking the boxes next to "Display trading plan" and "Display risk parameters" in the indicator settings.
Examples:
1. "**240 shares with $1.25 risk**" means you can take 240 shares and risk $1.25 on the share's price based on your R value
2. "**4.8 Cons @ .50 delta with $0.62 risk**" means you can take either 4 or 5 at the money option contracts and risk $0.62 **on the option contract's value** based on your R value
3. "**9.8 Cons @ .50 delta with $0.31 risk**" means you can take either 9 or 10 option contracts that have a .25 delta (a bit out of the money) and risk $0.31 **on the option contract's value** based on your R value
Happy Trading!
發行說明
Rounded number of shares and number of cons **down** to nearest integer發行說明
Fixed bug that showed incorrect levels for setup #2 only僅限邀請腳本
只有經作者授權的使用者才能訪問此腳本，且通常需付費。您可以將此腳本加入收藏，但需先向作者申請並獲得許可後才能使用 — 點擊此處了解更多。如需更多詳情，請依照作者說明或直接聯繫Zeal_Trading。
除非您完全信任其作者並了解腳本的工作原理，否則TradingView不建議您付費或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
To gain access, sign up as a Premium member through our website https://zealtrading.net.
提醒：在請求訪問權限之前，請閱讀僅限邀請腳本指南。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
僅限邀請腳本
只有經作者授權的使用者才能訪問此腳本，且通常需付費。您可以將此腳本加入收藏，但需先向作者申請並獲得許可後才能使用 — 點擊此處了解更多。如需更多詳情，請依照作者說明或直接聯繫Zeal_Trading。
除非您完全信任其作者並了解腳本的工作原理，否則TradingView不建議您付費或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
To gain access, sign up as a Premium member through our website https://zealtrading.net.
提醒：在請求訪問權限之前，請閱讀僅限邀請腳本指南。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。