Risk/Reward Ratio Analyzer II by NeW

🚀 What is R/RR Analyzer II?
This indicator is engineered to reflect professional trade planning directly onto your chart, instantly. It’s not just a drawing tool; it incorporates the intelligence to automatically set a logical Stop Loss (SL) based on market structure, ensuring your risk is always well-defined.

🛡️ New Features & Why You Need It
✅ Full Support!
The SL/TP lines are perfectly positioned above and below the entry price for accurate planning.

🧠 Auto Stop Loss Level Mode (Auto SL)
Beyond the standard ATR multiplier, this mode detects the nearest structural Pivot (L4/R2) and sets that price as your SL (1R).
This means you're using a "meaningful" SL based on actual market structure.
If a valid pivot isn't found, it seamlessly falls back to the manual ATR setting.


Each line displays the R/RR ratio, the percentage gain, and the crucial required theoretical Win Rate needed for profitability.

💡 Configuration Highlights
Three main settings control everything:
- Short Mode: Decides your trade direction (Buy/Sell).
- Auto SL Mode: Flip ON and let the script suggest optimal, structure-based SL levels.
- TP Ratios: Set custom RRR multiples for TP1, TP2, and TP3 (e.g., 1:1, 1:2) directly in the settings.

Stop guessing your risk. Add this analyzer to your chart and start planning every trade with market intelligence.

Good luck out there! 📈📉