stoploss-levels[t90]

This indicator provides a unified solution for visualizing stop-loss levels using four distinct technical methodologies. It is designed to assist with risk management by calculating and displaying the exact monetary and percentage risk for both Long and Short positions in real-time.

Key Features

Multi-Mode Logic: Switch instantly between four calculation methods to suit different market conditions:

ATR: Volatility-based stops using the Average True Range.

Low/High: Price channel stops based on the highest/lowest prices over a user-defined lookback.

Percentage: Fixed percentage distance from the current price.

Swing: Price structure stops based on confirmed (non-repainting) Pivot High/Low points.

Dynamic Risk Calculator:

Input your Account Balance in the settings.

The indicator automatically calculates the distance from the current Close price to the stop lines.

Labels display the potential loss in both currency and percentage (e.g., -$150 (1.5%)) directly next to the stop lines.

Disclaimer This tool is for information and risk management visualization only. It does not execute trades. Past performance of stop-loss levels does not guarantee future results.