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    How to Set a Stop Loss and Take Profit on TradingView

    NickTradesNickTrades
    September 16, 20264 min read
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    How to Set a Stop Loss and Take Profit on TradingView


    How to Set a Stop Loss and Take Profit on TradingView

    There are two separate things people mean by this: drawing the levels on the chart to plan a trade, and placing actual orders through a connected broker. Both are below.

    Method 1: the long and short position tools

    This is the planning tool, and it's the one to learn first.

  1. Open the drawing toolbar on the left and pick Long Position (or Short Position).

  2. Click at your intended entry.

  3. Drag the lower handle to where the idea is wrong — that's the stop.

  4. Drag the upper handle to your objective — that's the target.
  5. The box immediately shows the risk-to-reward ratio, the distance in points and percent, and — once configured — the position size for your account.

    To configure sizing, double-click the tool and set your account size and risk per trade. From then on, every box you draw tells you how many units to trade.

    Why this matters

    most people pick position size first and then find a stop that fits it. That is backwards. The chart decides the stop; the stop decides the size.


    Method 2: real bracket orders through a broker

    If your broker is integrated with TradingView:

  6. Connect it in the Trading Panel at the bottom of the chart.

  7. Open the order ticket (Shift + click on the chart price, or the Buy/Sell buttons).

  8. Tick Stop Loss and Take Profit and enter either price levels, ticks or a percentage.

  9. Submit. The bracket orders sit with the broker, not with TradingView, so they survive your browser closing.
  10. Once live, you can drag the stop and target lines directly on the chart to modify the orders.

    Method 3: alerts as a manual stop

    Without broker integration, the practical fallback is an alert at your stop level so you're told to act. It is not protection — it's a reminder — but it beats staring at a screen.

    Where to actually put the stop

    Three approaches that hold up:

    ApproachWhere it goesBest for
    StructureBeyond the swing high/low that invalidates the ideaSwing and position trades
    VolatilityA multiple of ATR from entryIntraday and fast markets
    TimeExit if the trade hasn't worked within N barsRange and mean-reversion trades

    The one that doesn't hold up is a fixed dollar amount chosen because that's all you're willing to lose. The market doesn't know your budget.

    Sizing so the stop is affordable

    Work it backwards:

  11. Decide risk per trade as a percentage of the account — commonly 0.5% to 1%.

  12. Measure the stop distance in points or percent.

  13. Divide the money risked by the stop distance to get the size.
  14. Our position size calculator does this in one screen, and the risk/reward calculator shows the win rate a given ratio needs to break even.

    FAQ

    Can TradingView place a stop loss without a broker?

    No. TradingView charts and alerts; execution needs a connected broker or your broker's own platform.

    Should the take profit always be further than the stop?

    Not always, but if your target is closer than your stop you need a high win rate to survive. Check the break-even rate before committing.

    Does a trailing stop exist on TradingView?

    Yes, through supported brokers in the order ticket, and via strategy scripts in backtesting.

    Why does my stop keep getting hit before the move?

    Usually a stop placed at the obvious level everyone else uses, or one too tight for the timeframe's normal noise. Measure typical range before choosing distance.

    Stops and targets printed on the chart

    SimpleAlgo marks volatility-scaled stop and target levels alongside each signal, so the plan is complete before you enter. From $5.77/week on the annual plan, with a 7-day money-back guarantee. See what you get.

    NickTrades

    NickTrades

    Founder of SimpleAlgo and professional trader sharing insights on trading strategies, market analysis, and product updates.

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