OPEN-SOURCE SCRIPT
Updated Scaling Into Position

Plot Orders for scaling Into a Position
Release Notes
Scaling into position plotting ordersRelease Notes
Scaling into position buildingRelease Notes
Scaling into position building plot horizontal linesRelease Notes
Scaling into positionRelease Notes
Updated horizontal line placementRelease Notes
Added profit target lineRelease Notes
Added plot titles and modified input descriptionRelease Notes
Added 4 EMAsRelease Notes
Updated labels and EMAsRelease Notes
Added SMA and modified labels Release Notes
Updated line format for SMARelease Notes
Added profit labelRelease Notes
Added average position line, updated labels and line display, added Bollinger BandsRelease Notes
Modified input labels and background fill calculationRelease Notes
Added Short option to build a position and scale in for shortingAdded extra manual drawn lines for take profit and entry points
Release Notes
Modified layout and super slow moving average colorRelease Notes
Added manual price line entries. Removed profit % line and labels.Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.