DR-SK A B C

SK A B C - Target and Stop Loss Indicator for Trading
The "SK A B C" script is an advanced technical analysis tool designed to identify price targets and stop loss levels based on three input points (A, B, C) on the chart. The script calculates four potential targets (E, N, V, NT) based on the movement between the points, allowing for customization to suit different trading strategies. It also supports various stop loss methods, including Fixed Percentage, ATR-Based, and Swing High/Low.

Key Features:
Target Calculation (E, N, V, NT): The script calculates and displays potential targets (E, N, V, NT) based on the price movement between the input points (A, B, C).

Stop Loss Options:

Fixed Stop Loss: Based on a percentage of the price.

ATR-Based Stop Loss: Uses the Average True Range (ATR) for calculating the stop loss level.

Swing High/Low Stop Loss: Based on the most recent swing high or low.

Display Targets with Labels: Displays targets clearly on the chart, with options for price labels and boxes around the targets.

Full Customization: Customize colors, lines, and labels to fit your personal preferences.

Real-Time Alerts: Set up alerts to notify you when the price hits a target or stop loss level.

Summary Results Display: A table that shows the targets along with their prices and percentage distance from the current price.

How to Use the Script:
Set Input Points: Select three points (A, B, C) on the chart. The script will calculate the targets based on these points.

Choose Stop Loss Method: Select your preferred stop loss method (Fixed, ATR-Based, Swing High/Low).

Customize the Display: Customize the chart’s appearance by adjusting colors and other options.

Set Alerts: Enable alerts to be notified when the price reaches the targets or stop loss levels.

Notes:
The script follows basic technical analysis principles and helps traders accurately determine potential price targets using input points.

It provides flexibility through customizable stop loss methods and target options, making it a versatile and user-friendly tool.