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Pivot Points Standard

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๐Ÿ“„ Indicator Overview
This indicator is an advanced trend-following tool designed to generate entry signals based on EMA 234 and SMA 200, while also providing dynamic ATR-based stop-loss (SL) and take-profit (TP) levels.

Buy (Long) Signal:
Triggered when the price is above both the EMA 234 and SMA 200.

Sell (Short) Signal:
Triggered when the price is below both the EMA 234 and SMA 200.

For each signal, the indicator automatically displays:
โœ… Entry price,
โœ… Stop-loss (SL) level,
โœ… Take-profit (TP) level,
โœ… Risk amount,
โœ… Reward amount,
โœ… Risk/Reward (R/R) ratio.

All past signals and their corresponding entry, SL, and TP levels remain visible on the chart, allowing you to easily review historical trades. Thanks to ATR-based dynamic calculations, stop-loss and take-profit levels adjust to market volatility, providing a flexible and adaptive risk management approach.

โš™๏ธ Features
Trend signals based on EMA 234 and SMA 200

Dynamic stop-loss and take-profit levels calculated with ATR

Persistent historical signal tracking (labels remain on the chart)

Automatic risk/reward calculation and display

Clean, user-friendly design for easy interpretation

๐Ÿ’ฌ Usage Tips
When entering a position, consider the displayed risk and reward values for proper risk management. Since stop-loss and take-profit levels adjust dynamically to volatility, manual adjustment is not necessary.

โš ๏ธ Disclaimer
This indicator is not financial advice. It is intended for educational and informational purposes only to support your personal trading analysis and strategy.

โœ… If you'd like, I can also prepare a shorter summary version or add a Turkish + English bilingual version side by side. Just tell me! ๐Ÿš€

Penafian

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