ROI Levels Indicator

kelmarin

ROI Levels Indicator 📈💰

Description: The "ROI Levels Indicator" helps you visualize key Return on Investment (ROI) levels directly on your chart, making it easier to track your profit milestones! 🚀 This tool allows you to enter your entry price, and it calculates levels from 100% up to 1000% ROI, each with a spread to represent potential support and resistance zones. The levels are visually represented by red rectangles to help identify zones where the market might react. This is a great way for traders to easily understand profit-taking points and psychological price levels!

Features:

• 🛠️ Custom Entry Price: Set your own entry price to start calculating ROI levels.
  
• 📊 Multiple ROI Levels: Levels from 100% to 1000%, with a customizable spread for visual clarity.
  
• 🔴 Visual Representation: Each level is marked with a full-screen-width rectangle and label, making it easy to track.
  
• 🚨 Entry Price Plot: A red dashed line marks your entry price for easy reference.
  

How to Use:

1. Enter Your Price: Use the "Entry Price" input field to specify the entry price of your trade.
   
2. Spread Adjustment: Adjust the spread percentage if you want more or less tolerance around each ROI level.
   
3. View the Levels: The script automatically plots 100% to 1000% ROI levels. Each level is represented by a red rectangle and labeled on the right side for quick identification.
   
4. Track Profit Zones: Use the plotted ROI levels to identify key profit-taking areas or potential zones of support and resistance.
   
5. Pro Tip: Use these levels as reference points to decide when to scale out of positions or manage risk effectively! 🎯
   

Happy trading, and may your ROI always be on the rise! 📈🔥