OPEN-SOURCE SCRIPT

Pivot Points Standard

158
📄 Indicator Overview
This indicator is an advanced trend-following tool designed to generate entry signals based on EMA 234 and SMA 200, while also providing dynamic ATR-based stop-loss (SL) and take-profit (TP) levels.

Buy (Long) Signal:
Triggered when the price is above both the EMA 234 and SMA 200.

Sell (Short) Signal:
Triggered when the price is below both the EMA 234 and SMA 200.

For each signal, the indicator automatically displays:
✅ Entry price,
✅ Stop-loss (SL) level,
✅ Take-profit (TP) level,
✅ Risk amount,
✅ Reward amount,
✅ Risk/Reward (R/R) ratio.

All past signals and their corresponding entry, SL, and TP levels remain visible on the chart, allowing you to easily review historical trades. Thanks to ATR-based dynamic calculations, stop-loss and take-profit levels adjust to market volatility, providing a flexible and adaptive risk management approach.

⚙️ Features
Trend signals based on EMA 234 and SMA 200

Dynamic stop-loss and take-profit levels calculated with ATR

Persistent historical signal tracking (labels remain on the chart)

Automatic risk/reward calculation and display

Clean, user-friendly design for easy interpretation

💬 Usage Tips
When entering a position, consider the displayed risk and reward values for proper risk management. Since stop-loss and take-profit levels adjust dynamically to volatility, manual adjustment is not necessary.

⚠️ Disclaimer
This indicator is not financial advice. It is intended for educational and informational purposes only to support your personal trading analysis and strategy.

✅ If you'd like, I can also prepare a shorter summary version or add a Turkish + English bilingual version side by side. Just tell me! 🚀

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。