INSTALLATION
TRADING PREVIEW
Risk Management at a Glance
WHY TRADING PREVIEW?
Risk management is the cornerstone of successful trading. Only those who control their risk control their success. Trading Preview shows you graphically and in real-time in the chart:
– Where would your Stop Loss be?
– Where are up to three partial profit targets (TP1–TP3)?
– Long & Short side-by-side or separately – for lightning-fast decisions.
> A successful trader always knows where to exit – before entering.
> Trading Preview makes it visible – at a glance.
WHAT DOES THE INDICATOR SHOW?
Left: Long trade → SL red, TP1–TP3 in green tones
Right: Short trade → reversed
Center: Entry price (white line) with
→ “U” = Units (points, ticks, etc.)
→ “X” = Multiple of SL (RRR mode)
Example:
SL = 5U
TP1 = 5U
TP2 = 10U
TP3 = 15U
Instantly visible: RRR = 1:1 / 1:2 / 1:3
KEY FEATURES
|
Feature |
Description |
|
|
Custom SL & TP1–TP3 |
Free input – 0 = disabled |
|
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Units or RRR (X× SL) |
Toggle between “U” or “X” |
|
|
Long & Short |
Combined or separate |
|
|
Entry Price |
Auto or manual |
|
|
Offset |
Shift in candles (±, default: +4) |
|
|
Breakout / Correction |
Auto-entry on last candle |
|
|
Text Display |
Show/hide values |
|
COMPLETE USER MANUAL
Trading Preview Options
Legend & Terms
|
Term |
Meaning |
|
TP = Take Profit |
Profit target |
|
SL = Stop Loss |
Emergency stop |
|
Open / Close |
Open / Close price |
|
Current Close |
Close of the current candle |
|
Last Close |
Close of the last completed candle |
|
Unit (U) |
Points, ticks, currency units |
|
RRR |
Risk-Reward Ratio |
|
Offset |
Shift in candles (+ right, – left) |
|
|
|
Settings – Step by Step
Take Profit & Stop Loss
– Enter values for TP1, TP2, TP3, and SL
– 0 or duplicate = target not displayed
Entry Price – Auto or Manual
|
Option |
Function |
|
Current Close |
Entry = close of current candle (real-time) |
|
Last Close |
Entry = close of last completed candle |
|
Custom |
Fixed entry → disable Current/Last Close |
|
RedOpen / RedClose |
Entry = Open/Close of last red candle |
|
GreenOpen / GreenClose |
Entry = Open/Close of last green candle |
Note: Only one option per side!
Text Display
– On = values shown
– Off = lines only
Units or RRR
· Units → “U” at entry
· RRR → “X” → TP as multiple of SL
Offset
· Shifts entire display
· +4 = 4 candles right (default)
· –2 = 2 candles left (example)
Separate Display (Separate)
Enable Separate to control Long and Short independently.
Set Entry Prices Separately
|
Option |
Function |
|
Custom / Long |
Fixed Long entry (0 = off) |
|
Custom 2 / Short |
Fixed Short entry (0 = off) |
|
Breakout |
Auto-entry: Long = last green candle, Short = last red candle |
|
Correction |
Reversed: Long = last red candle, Short = last green candle |
Important: For Breakout/Correction, select GreenOpen/Close and RedOpen/Close. Otherwise: ???
REAL-WORLD EXAMPLES
TESLA 24H Current Close
TESLA 24H – Current Close – Standard view
NQ 3M together RRR current close
NQ 3M – Current Close – RRR-Mode
NQ 1M seaparate Custom Breakout
NQ 1M – Separate + Custom + Breakout
NQ 1M separate custom correction
NQ 1M – Separate + Custom + Correction
NQ 1M separate RedClose GreenClose Breakout
NQ 1M – Separate + RedClose/GreenClose + Breakout
NQ 1M separate RedClose GreenClose Correction
NQ 1M – Separate + RedClose/GreenClose + Correction
NQ 1M together RRR last close
NQ 1M – RRR + Last Close
NQ 1M – Current Close + Offset left
Conclusion
Trading Preview is more than an indicator – it’s your risk cockpit.
Whether day trading, scalping, or swing trading – one look tells you:
> “Should I take this trade? Is the risk worth it?”
Download now and elevate your risk management!
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