Position Tracker 1.0 allows users to input their position using USD, quantity, or a DCA approach while setting take profit (TP) and stop loss (SL) levels based on either fixed dollar values or percentages. The indicator provides optional markers for TP/SL crossings and an entry label showing key trade details. A live tracker can be enabled for real-time P&L updates, and all visual elements are customizable for clarity and preference.
Instructions for Position Tracker 1.0
1. Input Method & Position Details:
* Choose between USD, Quantity, or DCA. * Enter your entry price, entry time, investment amount, or quantity as needed.
2. TP & SL Setup:
* For each TP (up to 5) and the SL, select whether to use a fixed dollar target or a percentage target relative to your entry price. * Enter the corresponding price (if using Dollar) or percentage (if using Percentage). * For TPs, specify the percentage of your position to sell when the level is hit.
3. Marker & Display Options:
* Toggle the TP and SL crossing markers on or off. * Adjust which details (Price, Diff, Sell for TP; Price, Diff, Loss for SL) are shown on the labels. * The entry label always shows the Avg. Cost and can optionally include the quantity, invested amount, and live tracker (real-time P&L).
4. Visual Customization:
* Change text size, marker size, and colors for profit, loss, TP, and SL lines as desired.
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publications is governed by House rules. Możesz go oznaczyć jako ulubione, aby użyć go na wykresie.
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