OPEN-SOURCE SCRIPT

Clean Zone + SL/TP (Latest Only)

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📌 Description

Clean Zone + SL/TP (Latest Only) is an indicator designed to highlight the most recent supply or demand zone based on pivot highs/lows, and automatically plot entry, stop loss, and multiple take profit levels.

🔹 Automatic Direction Detection

The script can auto-detect trade direction (Long/Short) using pivot logic, or you can override manually.

🔹 Zone Drawing

Only the latest valid supply (red) or demand (green) zone is displayed.

Zones are extended to the right for a customizable number of bars.

🔹 Entry / SL / TP Levels

Entry, Stop Loss, and TP1/TP2/TP3 levels are plotted automatically.

Targets can be calculated either by zone size or by ATR-based multiples.

Risk/Reward ratios are fully adjustable.

🔹 Customizable Display

Toggle visibility for zones (box), entry/SL/TP lines, and price labels.

Labels show only on the latest bar for a clean chart look.

🎯 Use Case

This tool helps traders quickly identify the cleanest and most recent supply/demand setup and manage trades with predefined risk/reward targets. It’s especially useful for price action traders and those who prefer simple, uncluttered charts.

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.