Sell Price Target Label for ThinkorSwim

number9

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Here's a simple little tool I made to calculate my sell price, in case anyone is interested. For most trades, my reward target is 1.5%. Once my buy gets filled, I simply look at the label and place a limit sell order for the price shown.

Code:
def value = close * 1.015;

AddLabel(1, "SELL at " + value, if value > 0 then Color.cyan else if value < 0 then Color.cyan else color.green);
 

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