Get started
OPEN-SOURCE SCRIPT

Scaling Into Position

By tolo507
Updated
Plot Orders for scaling Into a Position
Release Notes
Scaling into position plotting orders
Release Notes
Scaling into position building
Release Notes
Scaling into position building plot horizontal lines
Release Notes
Scaling into position
Release Notes
Updated horizontal line placement
Release Notes
Added profit target line
Release Notes
Added plot titles and modified input description
Release Notes
Added 4 EMAs
Release Notes
Updated labels and EMAs
Release Notes
Added SMA and modified labels
Release Notes
Updated line format for SMA
Release Notes
Added profit label
Release Notes
Added average position line, updated labels and line display, added Bollinger Bands
Release Notes
Modified input labels and background fill calculation
Release Notes
Added Short option to build a position and scale in for shorting
Added extra manual drawn lines for take profit and entry points
Release Notes
Modified layout and super slow moving average color
Release Notes
Added manual price line entries. Removed profit % line and labels.
Bitcoin (Cryptocurrency)Cryptocurrencydollar-cost-averagemean-reversionmean-reversion-indicatorParabolic Stop and Reverse (PSAR)Pivot PointsreversalSupport and Resistance

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?

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.