Buy/Sell/TP/SL/TSL Alerts Module

This tool is not a self-sufficient indicator, just an attachable module that allows you to enhance a specific indicator with risk management components without having a headache.

What you need to do, and actually this is the most important step, is to rewrite your indicator to a buy-sell signal form which will output only -1, 0, 1 values and then connect it to the module.

After that the module gives you a lot of possibilities to customize Take Profit, Stop Loss and Trailing Stop Loss levels through the settings window and to set all the alerts you need up.

Simple Buy/Sell setup for the RSI:

Now I am adding Stop Loss:

and Take Profit:

and finally Trailing Stop Loss:

Okay, I have shown how it works with RSI signals. Here is example for the MACD:

and example for the WaveTrend Oscillator:

If you have any questions don't hesitate to ask and contact me either via private messages on TradingView or via Telegram

Versionsinformation:

• Update
  

Versionsinformation:

• Update
  

Versionsinformation:

• Updated the settings window
  
• Added new type for brackets: ATR
  
• Added new type for brackets: Points
  
• Added new type for brackets: Pips
  
• Added label with current trade state
  

Versionsinformation:

• Added a special option to exit at TP/SL/TSL only
  
• Minor optimizations
  

Versionsinformation:

• Bug fix