OPEN-SOURCE SCRIPT
Sovereign Trade Setup [Pro]
Sovereign Trade Setup [Pro] 👑
Stop manually calculating risk. Stop drawing messy lines. And most importantly—stop staring at the chart waiting for your levels to hit.
The Sovereign Trade Setup [Pro] is a premium, fully interactive visual trade manager designed to bridge the gap between trade ideation and flawless execution. Built with modern UI/UX principles, this indicator allows you to map out your entire trade directly on the chart using point-and-click mechanics, dynamically calculates your exact position size, and acts as an automated sentinel that alerts you the exact second your parameters are breached.
🌟 Key Features
Interactive Point & Click Setup: No more typing numbers into settings menus. When you add the indicator, simply click the chart to anchor your Start Time, Entry Zone (High/Low), Stop Loss, and Take Profit targets. Hold Ctrl / Cmd (or use Magnet Mode) to snap directly to candle highs and lows!
Auto-Direction Detection: Whether you are planning a Long breakout or a Short breakdown, the script instantly calculates the math. It compares your Entry to your Stop Loss and flips all logic and visual colors automatically.
Dynamic Risk & Position Sizing Calculator: Input your total Account Balance and Risk Percentage (%). The indicator instantly calculates your maximum dollar risk and tells you exactly how many units/shares you need to buy to mathematically protect your capital.
Pro-Grade Visuals & HUD: Features a sleek, translucent heads-up display (HUD) that tracks your real-time Risk-to-Reward (R:R) ratios and the exact status of your trade (Pending, Filled, Hit, or Stopped). Visuals can be fully customized or toggled off to keep your chart clean.
🚨 The Crown Jewel: State-Based "Set & Forget" Alerts 🚨
Trading should be about executing a plan, not babysitting a 1-minute candle. This indicator features a highly advanced, sequential alert system designed to prevent notification spam and only notify you when it matters.
How the Alert Engine Works:
The script remembers the "state" of your trade. It will only alert you to a Take Profit or Stop Loss if your Entry Zone has actually been filled first. Furthermore, if you get stopped out, it completely disables the Take Profit alerts so you don't get false positives later in the week.
You can configure 4 distinct, single-fire alerts:
🟢 Entry Hit: Price has officially dropped into your setup zone.
🔴 Stop Loss Hit: Your invalidation level was breached. Trade over.
🎯 Take Profit 1 Hit: First target reached. Time to scale out or move stops.
🚀 Take Profit 2 Hit: Final target reached.
How to set it up:
Once your levels are drawn on the chart, click the Alert icon (the clock) in TradingView. Select "Sovereign Trade Setup [Pro]" as the condition, choose "Any alert() function call", and let the indicator do the heavy lifting. Go live your life, and let your phone notify you when it's time to act!
📖 How to Use
Add to Chart: Apply the indicator to your chart.
Point & Click: TradingView will prompt you to click the chart 6 times.
Click 1: Set the Start Time (click the specific candle where your setup begins so the script ignores historical data).
Clicks 2-6: Set your Entry Zone boundaries, Stop Loss, and Take Profit levels.
Fine-Tune: Open the indicator settings (⚙️) to micro-adjust your exact price levels to the penny, input your account balance, or customize your colors.
Set Your Alerts: Create an alert using the "Any alert() function call" condition.
Walk Away: Let the Sovereign Trade Setup watch the market for you.
Stop manually calculating risk. Stop drawing messy lines. And most importantly—stop staring at the chart waiting for your levels to hit.
The Sovereign Trade Setup [Pro] is a premium, fully interactive visual trade manager designed to bridge the gap between trade ideation and flawless execution. Built with modern UI/UX principles, this indicator allows you to map out your entire trade directly on the chart using point-and-click mechanics, dynamically calculates your exact position size, and acts as an automated sentinel that alerts you the exact second your parameters are breached.
🌟 Key Features
Interactive Point & Click Setup: No more typing numbers into settings menus. When you add the indicator, simply click the chart to anchor your Start Time, Entry Zone (High/Low), Stop Loss, and Take Profit targets. Hold Ctrl / Cmd (or use Magnet Mode) to snap directly to candle highs and lows!
Auto-Direction Detection: Whether you are planning a Long breakout or a Short breakdown, the script instantly calculates the math. It compares your Entry to your Stop Loss and flips all logic and visual colors automatically.
Dynamic Risk & Position Sizing Calculator: Input your total Account Balance and Risk Percentage (%). The indicator instantly calculates your maximum dollar risk and tells you exactly how many units/shares you need to buy to mathematically protect your capital.
Pro-Grade Visuals & HUD: Features a sleek, translucent heads-up display (HUD) that tracks your real-time Risk-to-Reward (R:R) ratios and the exact status of your trade (Pending, Filled, Hit, or Stopped). Visuals can be fully customized or toggled off to keep your chart clean.
🚨 The Crown Jewel: State-Based "Set & Forget" Alerts 🚨
Trading should be about executing a plan, not babysitting a 1-minute candle. This indicator features a highly advanced, sequential alert system designed to prevent notification spam and only notify you when it matters.
How the Alert Engine Works:
The script remembers the "state" of your trade. It will only alert you to a Take Profit or Stop Loss if your Entry Zone has actually been filled first. Furthermore, if you get stopped out, it completely disables the Take Profit alerts so you don't get false positives later in the week.
You can configure 4 distinct, single-fire alerts:
🟢 Entry Hit: Price has officially dropped into your setup zone.
🔴 Stop Loss Hit: Your invalidation level was breached. Trade over.
🎯 Take Profit 1 Hit: First target reached. Time to scale out or move stops.
🚀 Take Profit 2 Hit: Final target reached.
How to set it up:
Once your levels are drawn on the chart, click the Alert icon (the clock) in TradingView. Select "Sovereign Trade Setup [Pro]" as the condition, choose "Any alert() function call", and let the indicator do the heavy lifting. Go live your life, and let your phone notify you when it's time to act!
📖 How to Use
Add to Chart: Apply the indicator to your chart.
Point & Click: TradingView will prompt you to click the chart 6 times.
Click 1: Set the Start Time (click the specific candle where your setup begins so the script ignores historical data).
Clicks 2-6: Set your Entry Zone boundaries, Stop Loss, and Take Profit levels.
Fine-Tune: Open the indicator settings (⚙️) to micro-adjust your exact price levels to the penny, input your account balance, or customize your colors.
Set Your Alerts: Create an alert using the "Any alert() function call" condition.
Walk Away: Let the Sovereign Trade Setup watch the market for you.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.