In order to catch more exact points of TP and SL, the scrypt takes "high" as the source of if the percentage is greater than 0 ( > 0), and "low" as the source when the given percentage is less than 0 ( < 0).
So there are two basic line ( one with "high", the other one with "low"), and the other lines would be results of multiplying either the higher base or the lower one .
Good luck in trading!
If the scrypt was useful let me know!
Any feedbacks and ideas are welcomed!
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.