Updates to the basic trade form
Hi there ProfitFarmer!
On the basic trading form, you can see how much you can potentially gain per target and how much you can potentially lose on stop-loss! These values will change depending on the entry price that you've set.
Entry Zone Width
You can also find entry zone % width in the trading form! This will tell you how wide the entry zone is and is useful if you are considering to ladder into your trade.
Calculation
Here’s the full breakdown of how to calculate the percentages
Gains Per Target Calculations
BUY signal:
T1: ((TargetPrice1 - EntryPrice) / EntryPrice) * 100
T2: ((TargetPrice2 - EntryPrice) / EntryPrice) * 100
T3: ((TargetPrice3 - EntryPrice) / EntryPrice) * 100
T4: ((TargetPrice4 - EntryPrice) / EntryPrice) * 100
SELL signal:
T1: ((EntryPrice - TargetPrice1) / TargetPrice1) * 100
T2: ((EntryPrice - TargetPrice2) / TargetPrice2) * 100
T3: ((EntryPrice - TargetPrice3) / TargetPrice3) * 100
T4: ((EntryPrice - TargetPrice4) / TargetPrice4) * 100
Loss Calculation
BUY signal:
Loss: ((StopLoss - EntryPrice) / StopLoss) * 100
SELL signal:
Loss: ((EntryPrice - StopLoss) / EntryPrice) * 100
Zone Width Calculation
Width: ((EntryEndPrice - EntryStartPrice) / EntryStartPrice) * 100