Launched this week
Prop Firm Rules Overlay
See your prop firm limits as prices on a TradingView chart
2 followers
See your prop firm limits as prices on a TradingView chart
2 followers
An open-source TradingView indicator for traders on prop firm accounts. Enter your account figures once and it draws the prices where a position would hit the daily loss limit and the drawdown floor, for a long and a short entry at the same time. Supports end-of-day trailing and static drawdown, and keeps a consistency-rule counter. It does not connect to any account: the levels come from the figures you enter.
Hi Product Hunt. I trade evaluation and funded accounts, and most blown accounts I see come from not knowing where the limit is in price terms, not from a bad idea. The account rules are written in dollars, the chart is in points.
This indicator converts the two rules that end accounts, the daily loss limit and the drawdown floor, into price lines on the chart, for both directions. Trailing end-of-day and static drawdown are covered, and the floor locks at the starting balance the way most futures programs define it.
It is open-source on TradingView. There is also a web version of the consistency-rule calculator: https://puravidaedge.com/consistency-rule-calculator
Feedback on which rules to add next is welcome.