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Wick Fill Targets - JD

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This is a small, but usefull, script that gives you targets and possible risk/reward according to the last significant highs and lows.


When a high or low is "tapped" and price turns back away it typically tends to return to these levels before bouncing back or "taking a break" and then continuing.

The risk/rewards percentages kan be adjusted for leverage, the leverage can be adjusted in the settings.

The script shows a short term and long term "high" and "low" level, the lookback period can be adjusted in the settings.


I tried to make it as "uninvasive" as possible and it's very handy to have on your chart to quickly turn on off I you need it.


I hope you like it, enjoy!
JD.

#NotTradingAdvice
#DYOR
Nota Keluaran
- Added an indication of the maximum leverage at which liquidation occurs.

- The liquidation percentage can be adjusted in the settings (for most exchanges this is not 100% but eg. 70 percent @ Bitmex)

JD.
Nota Keluaran
cosmetic changes

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.