PROTECTED SOURCE SCRIPT
R-Grid ZONES (EUR/% Labels + FX Freeze)
R-Grid ZONES — Clean Risk/Reward Overlay (EUR & % Context)
R-Grid ZONES is a lightweight visual risk/reward overlay designed for discretionary trading.
It provides a fast, structured overview of R-multiple zones, percentage distances, and EUR price context, while keeping the chart itself in its native price currency (e.g. USD for US equities).
The script is intentionally minimal and non-automated.
It supports trade planning and decision-making, but leaves execution fully manual.
Key Features
Stacked R-Multiple Zones (1R, 2R, 2.5R, 3R, 4R)
Clearly visualizes risk and reward structure relative to entry and stop.
Native Price Chart, EUR Context
Price action remains unchanged in the chart’s base currency.
EUR values are displayed as small, non-intrusive labels for quick cross-currency orientation.
Percentage Distance from Entry
Optional percentage labels help assess volatility and distance to targets at a glance.
Right-Aligned, Clean Labels
Labels are placed to the right of the overlay, scaled and offset to avoid overlap and keep the chart readable.
FX Rate Freeze (optional)
Allows locking the EUR/USD exchange rate during trade planning to keep EUR values consistent.
Purpose & Design Philosophy
This script is not a replacement for TradingView’s drawing tools.
It is designed as a visual decision framework:
One look → R structure, % move, EUR levels → trade decision → manual execution.
The indicator deliberately avoids:
symbol-specific state or persistence
automated position sizing or P/L calculations
execution logic or trade management
This keeps the workflow fast, transparent, and low-maintenance.
Suggested Workflow
. Define entry and stop in the indicator
. Review R-zones, percentage distances, and EUR levels
. Decide whether the setup meets your criteria
Execute manually using your broker or native TradingView drawing tools
⚠️ Disclaimer
This script is provided for educational and informational purposes only.
It does not constitute financial advice or a trading recommendation.
R-Grid ZONES is a lightweight visual risk/reward overlay designed for discretionary trading.
It provides a fast, structured overview of R-multiple zones, percentage distances, and EUR price context, while keeping the chart itself in its native price currency (e.g. USD for US equities).
The script is intentionally minimal and non-automated.
It supports trade planning and decision-making, but leaves execution fully manual.
Key Features
Stacked R-Multiple Zones (1R, 2R, 2.5R, 3R, 4R)
Clearly visualizes risk and reward structure relative to entry and stop.
Native Price Chart, EUR Context
Price action remains unchanged in the chart’s base currency.
EUR values are displayed as small, non-intrusive labels for quick cross-currency orientation.
Percentage Distance from Entry
Optional percentage labels help assess volatility and distance to targets at a glance.
Right-Aligned, Clean Labels
Labels are placed to the right of the overlay, scaled and offset to avoid overlap and keep the chart readable.
FX Rate Freeze (optional)
Allows locking the EUR/USD exchange rate during trade planning to keep EUR values consistent.
Purpose & Design Philosophy
This script is not a replacement for TradingView’s drawing tools.
It is designed as a visual decision framework:
One look → R structure, % move, EUR levels → trade decision → manual execution.
The indicator deliberately avoids:
symbol-specific state or persistence
automated position sizing or P/L calculations
execution logic or trade management
This keeps the workflow fast, transparent, and low-maintenance.
Suggested Workflow
. Define entry and stop in the indicator
. Review R-zones, percentage distances, and EUR levels
. Decide whether the setup meets your criteria
Execute manually using your broker or native TradingView drawing tools
⚠️ Disclaimer
This script is provided for educational and informational purposes only.
It does not constitute financial advice or a trading recommendation.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya secara bebas dan tanpa apa-apa had – ketahui lebih di sini.
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.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya secara bebas dan tanpa apa-apa had – ketahui lebih di sini.
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.