Entry Stop Loss Target Indicator TradingView — Build It So Traders Can Actually Use It

What traders usually mean by this kind of indicator

When someone searches for entry stop loss target indicator tradingview, they usually want more than coloured lines. They want a quick way to see whether a setup is even tradable before they commit capital to it.

That means the indicator has to do one basic job well: define a level for entry, a level for invalidation, and a level or ladder for reward. If those three things are not logically connected, the indicator becomes decoration instead of decision support.

• entry should be tied to a real trigger, not a random snapshot
• stop should reflect invalidation, not emotion
• target should match the trade idea and timeframe
• the chart should stay readable once the market starts moving

The structure I trust more than flashy overlays

The cleanest versions are usually simple. Either they map risk from ATR, structure, or swing points, or they use a very explicit fixed rule the trader understands. The point is not to look advanced. The point is to make the trade plan legible.

I would rather see one honest stop and one honest target than five attractive levels nobody can justify.

• tie risk to ATR if you need adaptive spacing
• tie risk to structure if the setup is structure-based
• keep the calculations visible enough to explain later
• avoid hiding the logic behind too many cosmetic inputs

A copyable Pine Script v6 template for entry, stop, and target lines

This is a straightforward starting point. It maps a trade using EMA confirmation plus ATR distance. You can swap the trigger logic later, but the structure stays useful.

//@version=6
indicator("Entry Stop Target Map", overlay = true, max_lines_count = 50)

riskAtr  = input.float(1.5, "Stop ATR multiple", step = 0.1)
rewardAtr = input.float(3.0, "Target ATR multiple", step = 0.1)
atrValue = ta.atr(14)
emaFast  = ta.ema(close, 20)
emaSlow  = ta.ema(close, 50)

longTrigger = barstate.isconfirmed and ta.crossover(emaFast, emaSlow)
shortTrigger = barstate.isconfirmed and ta.crossunder(emaFast, emaSlow)

var float entryPrice = na
var float stopPrice = na
var float targetPrice = na

if longTrigger
    entryPrice := close
    stopPrice := close - atrValue * riskAtr
    targetPrice := close + atrValue * rewardAtr
if shortTrigger
    entryPrice := close
    stopPrice := close + atrValue * riskAtr
    targetPrice := close - atrValue * rewardAtr

plot(entryPrice,  "Entry",  color.new(color.blue, 0), 2, plot.style_linebr)
plot(stopPrice,   "Stop",   color.new(color.red, 0), 2, plot.style_linebr)
plot(targetPrice, "Target", color.new(color.green, 0), 2, plot.style_linebr)

From here, you can replace the EMA trigger with your own setup and keep the same layout logic for entry, stop, and target handling.

What usually makes these indicators hard to trust

The most common problem is not wrong math. It is weak context. The indicator prints levels, but the trader cannot tell whether they came from structure, volatility, or wishful thinking. The second problem is stale levels that stay on the chart after the setup has already changed.

What to read next

If this topic is part of a bigger TradingView or Pine Script workflow for you, these are the most useful follow-up guides on the site.

• Entry, Stop Loss & Target Indicator TradingView
• Target and Stop Loss Indicator TradingView
• Multiple Take Profit Targets

Frequently asked questions