OPEN-SOURCE SCRIPT
Moving Average profit targets with var size

Profit target:
Profit targets are those scenarios where the system expects to be greater than the actual return at the end of the transaction: they may be short-term benefits, such as a favorable price shock model.
In short-term transactions, profit objectives are essential. Price fluctuations make any favorable event likely to turn around in an instant. Moreover, profit objectives are more difficult to integrate into the longer-term trading system, because they are afraid of losing larger profits at risk, so they will replace them with smaller but more frequent gains. As a follower of the trend, once you make a profit and stop earning, but the trend direction is still intact, you need to find a way to re-enter the transaction to avoid losing the rare but very large market situation.
Profit target is best calculated based on price volatility (V), and the most commonly used method:
For Long, the system buy point (E), needs to be multiplied by the average true volatility or annualized volatility :E+f×V.
The net value multiplier f used to calculate the profit level is usually obtained through data mining.
Profit targets are those scenarios where the system expects to be greater than the actual return at the end of the transaction: they may be short-term benefits, such as a favorable price shock model.
In short-term transactions, profit objectives are essential. Price fluctuations make any favorable event likely to turn around in an instant. Moreover, profit objectives are more difficult to integrate into the longer-term trading system, because they are afraid of losing larger profits at risk, so they will replace them with smaller but more frequent gains. As a follower of the trend, once you make a profit and stop earning, but the trend direction is still intact, you need to find a way to re-enter the transaction to avoid losing the rare but very large market situation.
Profit target is best calculated based on price volatility (V), and the most commonly used method:
For Long, the system buy point (E), needs to be multiplied by the average true volatility or annualized volatility :E+f×V.
The net value multiplier f used to calculate the profit level is usually obtained through data mining.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que la republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que la republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.