TP Calc
Computes the take-profit "distance" — rr mode ties it to the SL distance automatically (recommended)
When to use: rr = SL distance × RR (controls risk:reward directly); atr_mult/fixed/pct when TP should be independent of SL
Ports
in-value— ATR or a distance series (atr_mult/fixed modes)in-sl— SL distance from SLCalc (rr mode)out-tp— The TP distance per bar → connect into Signal.in-tp
Params
mode— rr / atr_mult / fixed / pctmultiplier— Multiplier (atr_mult / pct)rr— Risk:reward ratio (rr mode)
Used in these recipes
- Liquidity Grab — Sweep & Reclaim