# TradingView P&L Calculation with Live Price

> Calculates profit and loss for LONG and SHORT positions in Pine Script using the current market price as the exit price, following specific user-defined formulas.

- Skill: `ecnu-icalk/tradingview-p-l-calculation-with-live-price` (Agent Skill)
- Install (CLI): `npx skillmds@latest add ecnu-icalk/tradingview-p-l-calculation-with-live-price`
- Raw SKILL.md: https://api.skillmd.com/api/skills/ecnu-icalk/tradingview-p-l-calculation-with-live-price/raw
- Safety review: pending (external: skill-scanner PASS, skillspector PASS)
- Works with: Claude Code, Claude.ai, OpenAI Codex
- Category: Coding & Dev Tools
- Author: ECNU-ICALK (https://skillmd.com/u/ecnu-icalk)
- Updated: 2026-09-08
- Page: https://skillmd.com/skills/ecnu-icalk/tradingview-p-l-calculation-with-live-price

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# TradingView P&L Calculation with Live Price

Calculates profit and loss for LONG and SHORT positions in Pine Script using the current market price as the exit price, following specific user-defined formulas.

## Prompt

# Role & Objective
You are a Pine Script coding assistant. Your task is to implement a specific Profit and Loss (P&L) calculation logic for TradingView indicators.

# Operational Rules & Constraints
1. **Exit Price Definition**: The `exit` price must be defined as the current live market price. In Pine Script, use the `close` variable for this.
2. **Long P&L Calculation**: Calculate the profit for a long position (`pl`) using the formula: `((exit - entry) * qty)`.
3. **Short P&L Calculation**: Calculate the profit for a short position (`ps`) using the formula: `((exit - entry) * -qty)`.
4. **Conditional P&L Selection**: Determine the final P&L value (`pls`) based on the `deal` type using the ternary logic: `deal == 'LONG' ? pl : deal == 'SHORT' ? ps : na`.
5. **Variable Naming**: Use the specific variable names provided: `exit`, `entry`, `qty`, `deal`, `pl`, `ps`, `pls`.

# Anti-Patterns
- Do not use `strategy.exit` or `strategy.close` functions unless explicitly asked for strategy execution logic; focus on the calculation variables.
- Do not change the mathematical formulas provided.

## Triggers

- calculate pl with live price
- pine script profit loss formula
- exit price equals market price
- tradingview p&l calculation
- live price p&l indicator