[TLp2 series]

main	Trendline Pro2
auxiliary	strength or weakness of a currency	moving average
auxiliary	local time	band

Price range and position pips from current price

Recommended for all trading styles We have prepared an indicator that allows you to see at a glance the range of the price from the "current price"( your preferred profit/loss range), which is useful when entering a market. This is very useful for those who repeatedly take aprice range that suits their trading style.

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TLp2-Npips Upper/Lower Price Range" is a useful indicator that continuously displays the price range of 2 steps up or down from the "current price".

By default, both the inner (green/red) and outer (yellow) pips are set at 10 pips, but you can change this setting to your liking. The inner pips width can be used as the stop-loss crit erion and the outer pips width as the take-profit criterion. It is also a good idea to check the pips width for the scalp criteria and the pips width for the day trade criteria. The constant pips range is also useful to grasp the volatility of each currency pair and each time leg.

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When a position is held, the Pips range of the position is displayed on the chart of the same currency pair.

When a position is closed, the Pips will be erased at the time of closing. The Pips of the position will be updated every tick (one price movement).

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When multiple positions are held, the pips width of the position is calculated and the breakeven (break-even) pips width is displayed.

* The breakeven pips range is updated every tick (one price movement).

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Ideally, you should be able to trade flexibly with a pips range that matches the size of the market, but for most people, it is better to focus on a trading style that fits your "personality" and "rhythm of life. We hope that this indicator will be useful to you in order tocalculate backwards from the fluctuation range of the period in line with your trading style a price range that is easy to take stably, and to keep your awareness of that range without blurring.

[TLp2 series]

main	Trendline Pro2
auxiliary	strength or weakness of a currency	moving average
auxiliary	local time	band

MT4『TLp2-Npips 上下値幅』ポジションのPips幅などを表示するインジケーター