FreeOpen sourcePine Script v6
Visualize manually defined Entry, Stop and Target as risk and reward boxes. Calculate planned R and mathematical break-even win rate, stress-test R against favorable and adverse entry drift, then inspect which level was reached first using confirmed chart-bar OHLC.
A scenario-research indicator that uses four interactive points to validate Long or Short geometry and treats Entry-to-Stop distance as 1R. It does not select direction or levels and does not connect to accounts, orders or positions.
Entry, Stop and Target lines and labels; risk and reward boxes; an entry-tolerance band; planned, live or terminal R; mathematical break-even win rate; elapsed bars; MFE and MAE; stop/target outcome; and optional arithmetic risk-budget and quantity estimates.
Valid Long geometry is Stop below Entry below Target; valid Short geometry reverses that order. Planned R divides target distance by stop distance, and break-even win rate is a mathematical no-cost value. After activation, confirmed chart-bar OHLC tracks first touch. A bar touching both levels is handled as ambiguous or by an explicit stop-first or target-first assumption.
Auto direction only reads the ordering of three manually placed prices. Invalid arrangements remain visible for correction but are not processed as valid scenarios.
Planned R uses the selected Entry. Entry stress applies favorable and adverse drift as a percentage of planned risk, ticks, or an ATR fraction. It does not forecast spread, slippage or fills.
The activation bar is excluded because OHLC cannot establish its intrabar order. A later bar touching both levels remains unknowable; any forced order is an explicit research assumption.
Add the public script to a standard candlestick chart, then manually place Entry, Anchor, Stop and Target. Identify the source of all three levels, both boxes and the readout before changing defaults.
Open the public Risk Reward Scenario Analyzer – Entry Stop Target Visualizer page and add it to a TradingView chart. No SG Group account is required.
Overlapping lines, bands, backgrounds or tables can be duplicate drawings of the same kind of information. Never treat visual overlap by itself as stronger evidence or signal agreement. Other risk/reward drawings, Long/Short position tools, order lines, stop/target levels, horizontal levels, ATR stops, break-even lines and fixed panels can obscure which price and quantity belong to this manual scenario. Coincidence does not prove an order state or stronger evidence.
Do not judge a plan from planned R alone. Verify geometry, activation, entry-drift assumptions, same-bar ambiguity, cost inputs and quantity assumptions in sequence.
Confirm that Entry, Stop and Target satisfy the selected Long or Short ordering. Color and vertical position are not a directional signal.
Read planned R and the mathematical break-even win rate, then compare favorable and adverse entry drift. Personal minimum and preferred R are user thresholds, not recommendations.
Identify anchor-fill or entry-touch activation, Stop, Target, Ambiguous or Expired outcome, then verify point value, costs, slippage and quantity step behind any cash or size estimate.
Valid Long ordering, valid Short ordering, or an arrangement that remains visible for correction but is not researched.
Planned reward distance divided by planned risk / mathematical no-cost break-even win rate; not a forecast.
Research is active, Stop or Target resolved first, both were touched in one bar, or the horizon ended.
R under favorable or adverse hypothetical entry drift / percentage of planned R retained after that drift.
Arithmetic quantity from the manual risk budget and point-value assumptions; not a recommended order size.
Maximum favorable / adverse excursion after activation; not a recommended future target or stop.
Current or resolved price displacement expressed in planned-risk units; not brokerage P&L.
The labels below match the published script’s English Inputs panel. Defaults reflect the public source at the time of review and may change in a later TradingView update.
On small screens, each input is reformatted as a readable stacked card.
| Input label | Default / options | What it controls and when to adjust it |
|---|---|---|
After a scenario resolves | Compact result; options: Keep full scenario | Compact result | Clear completed visuals | Chooses whether a resolved scenario keeps all drawings, collapses to a compact result, or clears completed visuals. It does not create a permanent trade journal. |
Show next-scenario cue | true | Shows a reminder to move an interactive handle before researching the next scenario. It does not affect calculations or outcome logic. |
| Input label | Default / options | What it controls and when to adjust it |
|---|---|---|
Entry | Interactive price; user-defined | Sets the manually planned entry price through an interactive chart point or input. It does not read an order, fill, or brokerage position. |
Anchor | Interactive time; user-defined | Sets the time anchor from which scenario research begins. Moving it recalculates the scenario from available chart history. |
Stop loss | Interactive price; user-defined | Sets the manually assumed stop price. It does not create, modify or transmit an order and does not guarantee a fill at the displayed level. |
Take-profit target | Interactive price; user-defined | Sets the manually assumed take-profit price. It is a user-defined research condition, not a forecast or recommended target. |
Direction | Auto from geometry; options: Auto from geometry | Long | Short | Uses price geometry automatically or forces Long or Short. Valid Long geometry is Stop below Entry below Target; valid Short geometry reverses that order. |
| Input label | Default / options | What it controls and when to adjust it |
|---|---|---|
Activation | Assume filled at anchor; options: Assume filled at anchor | Wait for entry touch | Activates immediately at the anchor or waits for a later confirmed chart bar to touch Entry. This is a research convention based on bar OHLC. |
Research horizon (bars) | 50; range: 1-500 | Sets the maximum post-activation bars used to inspect stop/target outcome, MFE, MAE and live or terminal R. Horizon expiry is not a forecast. |
When stop and target are touched in one bar | Mark ambiguous; options: Mark ambiguous | Assume stop first | Assume target first | Handles a bar whose range touches both levels by marking it ambiguous or applying an explicit stop-first or target-first research assumption. OHLC cannot recover the true intrabar order. |
ATR length | 14 | Sets the ATR lookback used only when entry tolerance is expressed as an ATR fraction. It does not choose Stop or Target. |
Personal minimum R multiple | 1.0 | Sets a personal display threshold for comparing planned R. It is not a recommendation, pass/fail rule, or profit probability. |
Personal preferred R multiple | 2.0 | Sets a personal preferred display threshold for planned R. It is not an optimum or an estimate of future performance. |
Entry execution tolerance mode | Percent of planned risk; options: Percent of planned risk | Ticks | ATR fraction | Expresses hypothetical entry drift as a percentage of planned risk, ticks, or an ATR fraction. It does not predict spread, slippage, or fills. |
Tolerance (% of planned risk) | 5.0 | Sets favorable and adverse hypothetical entry drift as a percentage of the planned Entry-to-Stop distance when that tolerance mode is selected. |
Tolerance (ticks) | 2.0 | Sets favorable and adverse hypothetical entry drift in the symbol's minimum ticks. It does not reproduce actual execution conditions. |
Tolerance (ATR fraction) | 0.05 | Sets favorable and adverse hypothetical entry drift as a fraction of ATR, so the tolerance changes with volatility and the selected ATR length. |
| Input label | Default / options | What it controls and when to adjust it |
|---|---|---|
Risk budget mode | Percent of account; options: Percent of account | Fixed cash amount | Derives the research risk budget from a percentage of a manually entered account size or a fixed cash amount. It does not read Trading Panel or brokerage balances. |
Account size | 10000 | Sets the manually entered account value used by percentage risk mode. It is not synchronized with a broker and receives no currency conversion. |
Account risk (%) | 1.0 | Sets the percentage of the entered account size used as the arithmetic risk budget. It is not a recommended or safe risk percentage. |
Fixed risk amount | 100 | Sets the manually entered cash risk budget for fixed-amount mode. Account currency is not detected or converted. |
Account currency label | USD | Sets a display-only currency label. It performs no FX conversion, tax, funding, or margin calculation. |
Value per 1.0 price point | Symbol point value; options: Symbol point value | Custom point value | Uses the symbol's point value or a manual value for one price point. Contract multipliers and broker specifications still require independent verification. |
Custom point value | 1.0 | Sets the manual cash value of a 1.0 price move per unit. Quantity and cash estimates will be wrong if it does not match the instrument specification. |
Include estimated costs | false | Includes manually assumed round-trip unit cost and per-side slippage in arithmetic estimates. It does not retrieve actual fees or spread. |
Round-trip cash cost per unit | 0 | Sets a manually estimated round-trip cash cost per unit. Variable spread, fees and taxes must be evaluated separately. |
Slippage ticks per side | 0 | Sets assumed slippage ticks on each entry and exit side. It does not reproduce liquidity, gaps, or actual fill sequencing. |
Quantity step | 1.0 | Sets the step used to round the arithmetic quantity down. It does not retrieve broker minimums and is not a recommended order size. |
| Input label | Default / options | What it controls and when to adjust it |
|---|---|---|
Show risk and reward boxes | true | Shows the Entry-to-Stop risk area and Entry-to-Target reward area. Hide duplicate risk/reward drawings from other tools. |
Show entry execution tolerance band | true | Shows the favorable and adverse hypothetical entry-drift band. It is not spread or an executable fill range. |
Show box text | true | Shows R and percentage text inside the boxes. Hide it when labels or panels overlap. |
Show entry / stop / target labels | true | Shows labels for the manually planned Entry, Stop and Target. They are research levels, not order tickets. |
Show live or terminal R marker | true | Shows current R while active or terminal R after resolution. It is not an exit instruction. |
Box transparency | 80 | Sets risk/reward box transparency. Increase it when candles or another overlay are obscured. |
Level line width | 2 | Sets the width of Entry, Stop and Target level lines. Use a width distinguishable from other horizontal-level studies. |
Reward | Green | Sets the reward-area and target-side color. Green does not mean buy or predict a target hit. |
Risk | Red | Sets the risk-area and stop-side color. Red does not mean sell or indicate an order state. |
Entry | Blue | Sets the planned Entry color. Distinguish it from real orders or filled-price drawings. |
Neutral | Gray | Sets the neutral or unresolved display color. It carries no directional conclusion. |
Tolerance | Purple | Sets the hypothetical entry-tolerance color. It is not an executable price range. |
Text | White | Sets annotation and panel text color. Keep sufficient contrast against boxes and the chart. |
Panel | Dark | Sets the scenario-readout background. Move or hide a panel when another fixed table occupies the same corner. |
| Input label | Default / options | What it controls and when to adjust it |
|---|---|---|
Show scenario readout | true | Shows direction, state, planned R, break-even win rate, entry stress, risk budget, arithmetic quantity, live or terminal R, and elapsed bars. |
Readout position | Top right; options: Top right | Middle right | Bottom right | Top left | Bottom left | Places the readout at top right, middle right, bottom right, top left, or bottom left. Separate it from other indicator panels. |
Readout text size | Small; options: Tiny | Small | Normal | Sets Tiny, Small, or Normal readout text. Do not reduce it until values become hard to read or cells are clipped. |
Alerts report configured events such as activation, stop first, target first, ambiguous same-bar touch or horizon expiry. They are not orders or recommendations and must be created separately in TradingView.
This tool is for analysis and visualization. It is not investment advice, a trade recommendation, a forecast, or a promise of profit or accuracy. Results depend on inputs, symbol, timeframe, and data feed. You remain responsible for every trading decision.
The study does not read Trading Panel data, brokerage balances, orders or positions, and it cannot place, modify or close an order. All levels are user-defined research inputs.
Confirmed OHLC cannot establish the path inside a bar. Same-bar handling and gap-open treatment are research conventions, not guaranteed fill reconstruction.
Estimated quantity is not recommended, optimal or safe. Point value, multiplier, fees, spread, slippage, currency conversion, taxes, funding and margin terms require independent verification.
Heikin Ashi, Renko, Kagi, Line Break and Point & Figure can contain synthetic OHLC. Standard candlesticks are recommended, and moving an interactive point recalculates from available history rather than storing a permanent journal.
This indicator visualizes a user-authored scenario and organizes arithmetic plus confirmed-bar outcome history. It does not recommend or predict direction, Entry, Stop, Target, size, win rate or profit, and it cannot execute orders. Do not count planned R, break-even rate, entry stress and outcome as independent signals.
Clarify the difference between a manual scenario and an order, planned R, same-bar ambiguity, and quantity/cost assumptions.
Yes. It is a free, open-source indicator published by SG Group on TradingView. Review TradingView’s terms and the conditions attached to the public script before reuse or redistribution.
Start with the published defaults and observe the drawings and state changes first. Then change one input at a time for the symbol, timeframe and data feed so you can identify what caused each visual change.
Yes, but similar lines, bands, backgrounds and tables can overlap and obscure their source. Isolate each indicator first and hide duplicate components. Visual overlap alone is not stronger evidence or signal agreement.
No. It is analysis and visualization context consistent with the public description. It does not provide entries, exits, targets, stops, price forecasts, or promises of profit, win rate or accuracy.
No. The indicator does not connect to Trading Panel, a brokerage account, orders or positions. Interactive points are research inputs; moving one recalculates the scenario from available chart history.
This guide is grounded in SG Group’s live catalogue, the script’s published TradingView description, and the user-facing inputs in its open source. Labels and defaults can change after a script update.
