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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 bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.