The trade in the island
An open futures trade as a Live Activity: a meter between your stop and your target that moves only when price crosses a level, and one button that moves the stop to break-even.
NQ
Long 2
+0.5R
Stop 28,500Entry 28,520Target 28,560
Past +0.5R since 9:42
The tape is scripted. 1R is the amount you agreed to risk on the trade. Touch and hold the island to open it; a tap would open the app. Break-even is the entry plus a tick, which pays the fees.
A trade is on and you have looked away from the chart. The island keeps the one thing you need: where price stands between your stop and your target. It carries two bars of risk, a taller mark at your entry, and four bars of reward. Everything is counted in R, where 1R is the amount you agreed to risk. A solid bar is a level price is past, and the outlined bar is the one price is in. The figure follows one rule: near the entry it says Entry and takes no side; beyond that a winner shows the level it is past and a loser the level it is heading for, so it never flatters the trade. The same activity hangs from the notch of a MacBook, where you are as likely to be sitting when a trade is on; switch to the iPhone under the figure to compare the two at the same scale.
NQ
Closed at 28,520
0R
Stop 28,520.25Entry 28,520Target 28,560
Scratched at entry at 9:48
NQ
Closed at 28,499.75
−1R
Stop 28,500Entry 28,520Target 28,560
Stopped out at 9:49
NQ
Closed at 28,560
+2R
Stop 28,500Entry 28,520Target 28,560
Target hit at 9:52
The tape runs past +1R and comes all the way back. With the stop moved it is a scratch; left where it was, the same trade is a full loss. The last update says which, in R, from the stop that was working. Then the activity leaves the island.
NQ
Long 2
+1R
Stop 28,500Entry 28,520Target 28,560
Past +1R since 9:46
Stop to break-evenNQ
Long 2
+1R
Stop 28,520.25Entry 28,520Target 28,560
Stop moved to break-even
One button, because a Live Activity takes a button and nothing finer. The stop goes to the entry plus a tick. With no risk left to draw, the red bars go and the button goes with them. If price is already back at the entry the broker refuses the order, and the island says so.
NQ
Long 2
−1R
Stop 28,500Entry 28,520Target 28,560
Under −0.5R since 9:43
NQ
Long 2
Entry
Stop 28,500Entry 28,520Target 28,560
Below entry since 9:42
NQ
Long 2
Entry
Stop 28,500Entry 28,520Target 28,560
Above entry since 9:44
NQ
Long 2
+0.5R
Stop 28,500Entry 28,520Target 28,560
Past +0.5R since 9:45
Stop to break-evenNQ
Long 2
+1R
Stop 28,500Entry 28,520Target 28,560
Past +1R since 9:46
Stop to break-evenNQ
Long 2
+1.5R
Stop 28,500Entry 28,520Target 28,560
Past +1.5R since 9:49
Stop to break-evenTwo bars of risk, a mark at the entry, four bars of reward. A solid bar is a level price is past; the outline is the bar price is in. Within half a risk of the entry the figure says Entry and takes no side. Beyond it a winner shows the level it is past and a loser the level it is heading for.
The island is redrawn only when price crosses a level. A Live Activity cannot watch a price. It is told things by a push, and pushes are rationed, so a profit figure ticking beside a real stop would be out of date as soon as it was drawn. Which bar price is in is something a push can keep true. Nothing on it is in dollars, so it can sit face up on a desk.
Touch and hold the island and it opens to the levels and one button: move the stop to break-even. A Live Activity takes a button and nothing finer, so it offers the one action a plan most often calls for at +1R. The tape here runs past +1R and then comes all the way back. With the stop moved, the trade scratches at the entry. Left where it was, the same trade is a full loss.