Checkpoint Indicator

Smart average price calculator for multi-position management. Displays real-time break-even levels with dynamic visual feedback. Perfect for traders managing multiple entries across any instrument.

Key Features:

• Real-time weighted average calculation
• Intelligent line display (shows only with 2+ positions)
• Dynamic PnL-based coloring (green/red/white)
• Strength indicator in pips from current price
• Clean, professional info panel
• Zero-lag performance

How It Works:
Automatically calculates your position average price using either weighted volume-based or simple average method. The indicator displays a clear horizontal line marking your break-even point when you have multiple positions, helping you make informed trading decisions based on your overall position health.

Perfect For:

• Position traders scaling in/out
• Portfolio management across instruments
• Risk management and stop-loss placement
• Visualizing your trading account balance point

Simply apply to any chart and let Checkpoint handle the rest - your trading checkpoint made simple!