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TP / SL Engine

Every signal generates a complete trade setup with an entry level, stop loss, and up to three take-profit targets. Lines extend from the signal bar until the next signal replaces them.

Stop Loss Placement

For CHOCH entries, the SL is placed at the swing that created the CHOCH, the structural invalidation level. If the broken swing was a swing low (for a BULL signal), the SL sits at that swing low minus an optional ATR buffer. This is the price level where the structure thesis is definitively wrong.

For continuation entries, the SL mode is configurable: either tight to the band (Band + Buffer) or at the recent swing (Recent Swing).

Trade Lifecycle

A trade is "active" from the moment its signal fires until the next signal replaces it. During this time:

  • Entry, SL, and TP lines extend rightward each bar

  • Labels follow the rightmost bar

  • TP hit markers fire when price reaches each level (if enabled)

SL Visibility

The Show SL Level toggle controls whether the SL line is drawn on the chart. When hidden, the trade stays active until TP3 is hit or a new signal fires, you manage your own stop.

TP Hit Markers

When Show TP Hit Markers is enabled, small labeled markers (TP1, TP2, TP3) appear on the bar where each target level is reached. Once the SL is hit (when visible), no further TP markers will appear, the trade is considered dead.

Line Cleanup

The Keep Lines After Trade Resolves setting controls whether old setups remain on the chart as frozen history or are removed when the next signal fires.

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