The Dynamic Date and Price Tracker indicator is a simple tool designed for traders to visualize and monitor their trade's progress in real-time from a specified starting point.
This tool provides an intuitive graphical representation of your trade's profitability based on a custom entry date and price.
Features:
-Starting Date Selection: Choose a specific starting date, after which the indicator begins tracking your trade's performance.
-Custom Entry Price: Input a starting price to accurately reflect your actual entry price for performance tracking across different timeframes.
-Real-Time Tracking: As new bars form, the indicator automatically adjusts a dynamic line to the current closing price.
-Profit/Loss Color Coding: The dynamic line color changes based on whether the current price is above (green for profit) or below (red for loss) your specified entry price.
-Performance Label: A real-time label displays the absolute and percentage change in price since your initial entry, color-coded for positive (green) or negative (red) performance.
-Entry Price Line: The horizontal line marks your starting price for easy visual comparison.
This tool provides an intuitive graphical representation of your trade's profitability based on a custom entry date and price.
Features:
-Starting Date Selection: Choose a specific starting date, after which the indicator begins tracking your trade's performance.
-Custom Entry Price: Input a starting price to accurately reflect your actual entry price for performance tracking across different timeframes.
-Real-Time Tracking: As new bars form, the indicator automatically adjusts a dynamic line to the current closing price.
-Profit/Loss Color Coding: The dynamic line color changes based on whether the current price is above (green for profit) or below (red for loss) your specified entry price.
-Performance Label: A real-time label displays the absolute and percentage change in price since your initial entry, color-coded for positive (green) or negative (red) performance.
-Entry Price Line: The horizontal line marks your starting price for easy visual comparison.
Release Notes:
The Dynamic Date and Price Tracker indicator is a simple tool designed for traders to visualize and monitor their trade's progress in real-time from a specified starting point. (what it does)
It's meant to make your life easier, not rocket science.
Step1: Open Settings
Step 2: Enter Entry Price and Entry Date
That's it! A label is added on the chart at the current price showing the Absolute Profit/Loss.
This tool provides an intuitive graphical representation of your trade's profitability based on a custom entry date and price. Previously you would need to manually draw on the chart with 'Measure' or 'Prediction' tools in TV. This plots absolute Profit/Loss real-time so you can keep your chart nice and tidy without constantly needing to adjust your drawings. I wasn't able to find a simple enough indicator to fill this need, so I decided to make it for myself. (how it's unique)
Profit (%) = (Profit/Price) × 100
Loss (%) = (Loss/Price) × 100
(how it does it)
How to use it:
-Starting Date Selection: Choose a specific starting date, after which the indicator begins tracking your trade's performance.
-Custom Entry Price: Input a starting price to accurately reflect your actual entry price for performance tracking across different timeframes.
Features:
-Real-Time Tracking: As new bars form, the indicator automatically adjusts a dynamic line to the current closing price.
-Profit/Loss Color Coding: The dynamic line color changes based on whether the current price is above (green for profit) or below (red for loss) your specified entry price.
-Performance Label: A real-time label displays the absolute and percentage change in price since your initial entry, color-coded for positive (green) or negative (red) performance.
-Entry Price Line: The horizontal line marks your starting price for easy visual comparison.
I hope you find it as useful as I do!
It's meant to make your life easier, not rocket science.
Step1: Open Settings
Step 2: Enter Entry Price and Entry Date
That's it! A label is added on the chart at the current price showing the Absolute Profit/Loss.
This tool provides an intuitive graphical representation of your trade's profitability based on a custom entry date and price. Previously you would need to manually draw on the chart with 'Measure' or 'Prediction' tools in TV. This plots absolute Profit/Loss real-time so you can keep your chart nice and tidy without constantly needing to adjust your drawings. I wasn't able to find a simple enough indicator to fill this need, so I decided to make it for myself. (how it's unique)
Profit (%) = (Profit/Price) × 100
Loss (%) = (Loss/Price) × 100
(how it does it)
How to use it:
-Starting Date Selection: Choose a specific starting date, after which the indicator begins tracking your trade's performance.
-Custom Entry Price: Input a starting price to accurately reflect your actual entry price for performance tracking across different timeframes.
Features:
-Real-Time Tracking: As new bars form, the indicator automatically adjusts a dynamic line to the current closing price.
-Profit/Loss Color Coding: The dynamic line color changes based on whether the current price is above (green for profit) or below (red for loss) your specified entry price.
-Performance Label: A real-time label displays the absolute and percentage change in price since your initial entry, color-coded for positive (green) or negative (red) performance.
-Entry Price Line: The horizontal line marks your starting price for easy visual comparison.
I hope you find it as useful as I do!