Indicator
Risk Manager & Position Sizer [martineye15]Prop Firm Risk Manager & Position Sizer — a position-size calculator and rule checker built for funded-account and challenge traders. Place your entry, stop-loss and take-profit on the chart, and the panel returns the exact lot size for your chosen risk, then checks that trade against your prop-firm rules before you take it.
THE CORE IDEA: RISK IS FIXED, LOT SIZE FLOATS
Risk money = account size x risk % (or a fixed cash amount). Lot size = risk money / (stop distance x value per lot + commission). Widening the stop shrinks the position; tightening it grows the position. The money at risk never changes. Sizes are rounded DOWN to your broker's lot step, so actual risk never exceeds planned risk.
TRADE LEVELS
Entry, stop-loss and take-profit are interactive price inputs — click to place them when you add the indicator, then drag the price lines to re-plan and watch every number update live. Entry can follow the current price (market) or sit at a placed level (pending). Direction is derived from the stop's side of entry, or forced long/short to validate your geometry. Optionally, an ATR module sets the stop and target automatically at entry -/+ ATR x multiplier, using the chart timeframe or a higher one, and either the live or the last closed bar's ATR.
ACCOUNT & INSTRUMENT
Set your account size, account currency and risk (percent of account or a fixed cash amount). If the symbol's quote currency differs from your account currency, a conversion rate is fetched automatically (direct pair first, then inverse) and a warning appears if neither resolves. Broker specs are fully adjustable: contract size (auto-derived or manual, for the many CFD symbols whose specs differ from the exchange's), lot step, minimum and maximum lot, and round-trip commission per lot, which is treated as part of the loss. A manual lot override works in reverse: enter a size you already have in mind and the panel tells you the risk money and risk percentage it actually carries.
PROP-FIRM RULE ENGINE
Enter your firm's limits — maximum daily loss, maximum total drawdown, per-trade risk cap, maximum lots, maximum portfolio open risk, and profit target (typical challenge rules are 5% daily, 10% total, 10% target). Log how much you have already lost today and your running P/L, and the panel shows:
- Remaining daily loss budget, and whether this trade fits inside it
- How many identical losing trades it would take to breach the daily limit
- Remaining total drawdown buffer, reduced by any running loss
- Pass/fail on the per-trade risk cap, the lot cap, and combined open risk across positions
- Distance to your profit target, in money and in R multiples of this trade's risk
- A minimum risk:reward check
With hard block enabled, any failed check turns the panel header red and shows DO NOT TRADE.
PANEL, DRAWINGS & ALERTS
A dashboard table (four corner positions, normal or compact, dark or light) shows direction, levels, lot size, units, risk and reward in money and percent, risk:reward, per-pip value for the sized position, every rule check, and a plain-language warnings list explaining anything that is wrong or clamped. Entry, stop and target are drawn as labelled lines with shaded risk and reward zones. Alerts are available for entry, stop or target touches — with the computed lot size and risk in the message — and for any rule check flipping to fail.
HOW TO USE
Add the indicator, click to place entry, stop and target. Set your account size, currency and risk percentage, then enter your broker's contract size, lot step and commission (check these against your own account — CFD specs vary between brokers). Enter your firm's daily loss, drawdown, target and cap rules once. Before each trade, drag the levels to your plan, update the loss-taken-today and current P/L fields, read the lot size, and only take the trade if every check passes.
WHAT MAKES IT DIFFERENT
Most position sizers stop at the lot size. This one continues into the rules that actually end funded accounts: it treats the daily loss budget, the drawdown buffer and total open risk as constraints the trade must fit inside, tells you how many more losses you can survive today, expresses your remaining profit target in R multiples of the position in front of you, and can visibly block the trade when a rule fails. Commission is priced into the size, results are rounded conservatively, and every clamp or failure is explained in plain language rather than silently applied.
IMPORTANT LIMITATIONS — PLEASE READ
Pine Script cannot access your broker account. Account size, loss already taken today, current P/L and risk committed to other open positions are MANUAL inputs — the tool is only as accurate as what you enter, so keep them current during the session. It cannot read your live balance, equity, open positions, spread, swap or margin, and it cannot place, modify or close orders — this is a calculator and a checklist, not an execution tool. PulseWire's symbol specifications may not match your prop firm's CFD specifications, which is what the manual contract size override is for: verify the lot size against your broker before trading. The total drawdown check assumes a static limit measured from the initial balance and does not model trailing drawdown. Figures update live with the current bar (ATR in "Current" mode changes as the bar forms); use the "Previous" ATR setting for stable values.
This is a calculation and decision-support tool. It is not a strategy, generates no trade signals, and is not financial advice. Always verify position sizes against your own broker and risk rules. Indicator
DTC Lot Size CalculatorYou set an Entry Price and Stop Price (click-to-place on the chart, or type them in). The script works backward from your risk percentage to tell you exactly how large a position you can take — lot size for forex/CFDs, or whole contracts for futures — so that a stop-out costs exactly what you intended to risk, not more.
It plots Entry, Stop, and R-multiple target lines (1R, 2R, 3R...) directly on the chart, and a compact table shows the full breakdown: risk amount, position size, commission, spread cost, required margin, and the resulting reward:risk ratio.
How the sizing works
Position size is solved from your planned Entry/Stop distance, not a live-recalculated one, so the lot size stays stable and doesn't silently drift every time price ticks. An optional "Reset entry to live price" toggle lets Entry track the current close while Stop stays fixed, so you can watch how a live-tracking price affects real risk without re-plotting manually every time.
True Risk (not just the target risk %) accounts for commission and spread cost, so the number you see is what you'd actually lose, not an idealized figure.
Futures contracts (ES, MES, NQ, MNQ, YM, MYM, RTY, M2K, CL, MCL, NG, GC, MGC, SI, HG, ZB, ZN, ZF, 6E, 6J, 6B, 6A, ZC, ZS, ZW, and CME BTC/ETH) use their real exchange tick size and tick value, and size in whole contracts only, no fractional micros. Spot metals (XAUUSD, XAGUSD, XPTUSD, XPDUSD) use standard 100oz/5000oz/50oz lot conventions matching their COMEX futures equivalents, since these are commonly mispriced by generic calculators.
Built-in safety checks
Risk % turns red with a caution mark above a threshold you set (default 3%). Stop distance turns red with a caution mark if it's unusually wide for a forex pair (default 15 pips). Margin % estimates how much of your account the position would tie up at your configured leverage, and warns if it exceeds 100%, catching cases where a risk-correct position size is still too large for the account to actually hold. A second, independently configurable account/risk table can be shown side by side for comparing two account sizes or risk profiles at once.
Why this is a distinct build, not a re-skin
The original by cryptonnnite was a single-instrument forex lot size calculator. This version adds: multi-asset contract specs (futures + metals), the planned-vs-live entry distinction and its safety fallback, commission+spread-inclusive true risk, the margin/leverage check, configurable warning thresholds, a second comparison account, and the auto dark/light theme system, all new logic layered on top of the original risk-sizing concept.
Indicator
0.75% Rule - Trade ProjectionA position-sizing and reward-projection overlay for discretionary traders.
You place an entry and a stop on the chart, and the script returns the
position size that risks a fixed fraction of your account, then projects
your reward targets as R-multiples. Direction (long or short) is inferred
from where you click. The focus is getting currency-correct sizing right
with as little input as possible, and catching the sizing mistakes that
quietly distort risk.
📊 What it does
- Sizes the trade so the entry-to-stop distance equals a fixed percentage
of account equity. Default is 0.75%, a conservative fixed-fractional
risk rule, but the percentage is adjustable.
- Reports the result in the correct unit for the instrument: lots and
units for forex, or contracts/shares sized off point value elsewhere.
- Projects a configurable number of reward targets spaced in R-multiples
(1R, 2R, 3R ...), each labeled with its R-multiple and the reward amount
in your account currency.
- Draws the risk zone (entry to stop) and reward zones, plus an info panel
summarizing account, risk, direction, stop distance, size and R:R.
⚙️ How it works
- Risk amount = account size x risk %. Position size = risk amount /
(stop distance x point value x conversion rate). For forex this is
converted into standard lots.
- Direction is read from the two clicks: a stop below entry is a long,
a stop above entry is a short.
- Instrument detection is automatic (forex, JPY pairs, metals, index,
crypto) via symbol info, with a manual override if you need it.
- Account-to-quote currency conversion is explicit and manual. The
account-currency dropdown is a display label only; the single field
that adjusts lot size is the conversion rate. The panel flags the two
mistakes that actually distort risk: leaving the rate at 1.0 on a
mismatched pair, and applying a non-1.0 rate when the currencies match.
- An optional ATR-based stop can override the clicked stop (length and
multiplier adjustable). Direction still comes from your clicks.
- Repaint-free by construction: no higher-timeframe requests, entry and
stop are static prices, and all drawing is deterministic.
📋 How to use it
1. Add the script. It prompts you to click an entry price, then a stop.
2. Set account size and risk % in settings (default 0.75%).
3. If your account currency differs from the pair's quote currency, enter
the conversion rate (account currency per one unit of quote currency).
The panel warns you when a rate is needed.
4. Read position size, R:R and target levels from the panel and on-chart
labels.
5. For a new setup, open the indicator menu, choose Reset points, then
re-click entry and stop. The Re-arm toggle pauses the current
projection so a stale setup cannot mislead you.
## Notes
- This is a planning and risk-discipline tool, not a signal generator and
not financial advice. It does not place trades.
- For non-forex instruments, sanity-check the point value against your
broker's contract specs before trusting the size.
- Inputs are absolute prices, so after switching symbols you may need to
re-click entry and stop. The script detects an off-scale setup and
prompts you. Indicator
Indicator
Symbol Table NSEThis Pine Script has been designed specifically for Indian Traders that displays a dynamic information table overlay on NSE (National Stock Exchange) charts. This is NOT a buy/sell indicator — it is purely an informational tool that shows metadata about the current chart being viewed.
Core Functionality: -
The script creates a customizable table that displays key information about the security being charted:
Symbol/Underlying: Shows the ticker symbol of the current chart:
Chart Timeframe: Displays the current chart's time period (1-minute, 5-minute, hourly, daily, etc.)
Sector: Retrieves and displays the sector classification of the security
Industry: Shows the industry classification of the security
Lot Size: Calculates and displays the lot size for NSE futures contracts based on their point value
Key Features:
Customization Options:
Choose from 9 different line colors (White, Green, Red, Pink, Orange, Blue, Purple, Gray, Black)
Toggle each information element on or off independently
Select table position from 9 locations on the chart (Top/Middle/Bottom × Left/Center/Right)
Adjust table sizing with options for pane labels and symbol info text
Customize table styling with border width and background color controls
Smart Lot Size Calculation:
Automatically detects NSE futures contracts (symbols ending with '!')
Requests the futures contract's point value data
Calculates lot size based on the point value, defaulting to 1 if data is unavailable.
Dynamic Updates:
Updates on every new candle (when barstate.islast is true)
Automatically refreshes all displayed information based on the active chart.
Use Cases=>
Traders use this indicator for quick reference of chart context without cluttering the chart with analysis tools. It's particularly useful for NSE traders who need to track lot sizes for futures contracts or quickly identify sector/industry information while analyzing a chart. Indicator
Risk & Lot Calculator PanelFXMANS Risk & Lot Panel
Smart Risk Management Tool for PulseWire
- Overview
FXMANS Risk & Lot Panel is a lightweight and professional risk management tool designed to help traders calculate position size (lot) and take-profit levels directly on the chart, without cluttering the screen.
The panel is displayed as a minimal table in the top-right corner of the chart and automatically adapts to the currently opened symbol.
This tool focuses on clarity, precision, and usability, making it suitable for scalpers, day traders, and swing traders.
- Key Features
Automatic Direction Detection
The script can automatically determine BUY or SELL direction based on:
Entry Price
Stop Loss Price
Logic:
Stop Loss below Entry → BUY
Stop Loss above Entry → SELL
Manual override is available if auto direction is disabled.
Risk-Based Lot Size Calculation
Calculates position size based on:
User-defined risk amount in USD
Distance between Entry and Stop Loss
Symbol-specific tick size and point value
Ensures consistent risk management across all markets.
Automatic Take Profit (RR Based)
Take Profit is calculated automatically using a predefined Risk / Reward (RR) ratio.
Supports both BUY and SELL scenarios.
- Symbol-Aware Calculation
Uses PulseWire’s built-in symbol properties:
syminfo.mintick
syminfo.pointvalue
Works correctly on:
Forex
Indices
Metals
Crypto
- Minimal & Non-Intrusive UI
Small, fixed panel located at the top-right corner
Designed to avoid covering price action
Clean FXMANS-style color palette
- Safe Panel Size Control
Panel size can be adjusted from settings:
Small
Medium
Large
Size changes are handled without modifying layout geometry, preventing UI bugs.
- How It Works
Enter your Entry Price and Stop Loss Price
Define your Risk Amount ($)
Set your desired Risk / Reward ratio
The script automatically calculates:
Trade Direction (BUY / SELL)
Lot Size
Take Profit Level
All results are displayed instantly in the panel
- Example Use Case
Risk: $100
Entry: 1.0850
Stop Loss: 1.0800
RR: 2.0
- The panel will automatically display:
Direction: BUY
Lot Size adjusted to risk exactly $100
Take Profit at 2R
- Important Notes
Entry and Stop Loss prices must be valid (greater than zero).
The tool does not place trades automatically.
Calculations are for position sizing only and may vary slightly depending on broker specifications.
- Disclaimer
This script is intended for educational and analytical purposes only.
Trading involves risk, and users are responsible for their own trading decisions.
- Ideal For
Traders who follow strict risk management rules
Forex, crypto, and index traders
Scalpers and intraday traders
Anyone who wants clean and fast position sizing on PulseWire Indicator
Indicator
Pannello Multi-Account con Spread e Dimensione Regolabile📘 Indicator Description: Multi-Account Execution Panel with Spread-Adjusted Risk
This indicator is designed for traders who manage multiple accounts with different capital sizes and execution models—such as a personal account and a prop firm account. It provides a visual panel that calculates and displays the ideal position size for each account, factoring in stop loss, spread, and risk preferences.
🔧 Key Features:
- Manual risk input in USD for the personal account (e.g., $2, $5, $10)
- Percentage-based risk for the prop firm account (e.g., 1% of €5,000)
- Spread-adjusted stop loss for each account, ensuring accurate risk calculation
- Real-time pip value calculation based on the current symbol
- Position size output:
- In units for the personal account
- In standard lots for the prop firm account
- Adjustable table size (Compact, Standard, Extended) to fit your screen and workflow
🧠 Ideal for:
- Traders who execute sequentially across multiple accounts
- Those who want precise, spread-aware sizing without manual calculations
- Discretionary strategies that require visual clarity and execution discipline
Italian Indicator
Panel Multi-Cuenta con Spread y Tamaño Ajustable📘 Indicator Description: Multi-Account Execution Panel with Spread-Adjusted Risk
This indicator is designed for traders who manage multiple accounts with different capital sizes and execution models—such as a personal account and a prop firm account. It provides a visual panel that calculates and displays the ideal position size for each account, factoring in stop loss, spread, and risk preferences.
🔧 Key Features:
- Manual risk input in USD for the personal account (e.g., $2, $5, $10)
- Percentage-based risk for the prop firm account (e.g., 1% of €5,000)
- Spread-adjusted stop loss for each account, ensuring accurate risk calculation
- Real-time pip value calculation based on the current symbol
- Position size output:
- In units for the personal account
- In standard lots for the prop firm account
- Adjustable table size (Compact, Standard, Extended) to fit your screen and workflow
🧠 Ideal for:
- Traders who execute sequentially across multiple accounts
- Those who want precise, spread-aware sizing without manual calculations
- Discretionary strategies that require visual clarity and execution discipline
Spanish Indicator
Indicator
XAUUSD Lot Size Calculator + RSI (Yoothobbiz)This indicator is designed for Gold traders on the 5-minute timeframe (M5) who want a clear and editable lot size, stop loss, and take profit calculator directly on their chart.
✨ Features:
📌 Dynamic Lot Size Calculation – based on account capital, chosen risk %, and stop loss distance.
⚖️ Risk/Reward Management – automatically displays TP level using a customizable risk/reward ratio (e.g., 1:2, 1:3, etc.).
🛑 Stop Loss in Points & Price – calculates SL from recent M5 highs/lows, including spread.
🎯 Take Profit in Price & Points – automatically adjusted to your risk/reward ratio.
💵 Risk in USD – instantly shows how much capital is at risk per trade.
🕒 Custom Time Zone Support – displays the real trading time (default UTC-4 for New York), fully editable for any user.
⏱ Timeframe Label – clearly shows the working timeframe (M5 by default).
🎨 Fully Editable Display Panel:
Position (6 corners available).
Font family, size, style (bold/italic).
Text and background colors.
Adjustable spacing between lines.
🔑 How to Use:
Set your capital and risk % in the settings.
Adjust spread (in points) if needed.
Choose your risk/reward ratio.
The panel will display:
Recommended lot size for XAUUSD
Stop loss (price + points)
Take profit (price + ratio)
Risk in $
Timeframe & real-time clock
📍 Notes:
Optimized for XAUUSD (Gold) and the 5M timeframe.
Works on any asset/timeframe, but SL logic is based on M5 candle highs/lows.
Ideal for traders who want a fast and disciplined risk management tool right on their chart. Indicator
Lot Size + Margin InfoThis indicator is designed to give Futures & Options traders instant access to lot size and estimated margin requirements for the instrument they are viewing — directly on their PulseWire chart. It combines real-time symbol detection with a built-in, regularly updated margin lookup table (sourced from Kotak Securities’ published margin requirements), while also handling fallback logic for unknown or unsupported symbols.
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### What It Does
* Automatically Detects the Instrument Type
Identifies whether the current chart’s symbol is a futures contract, option, or a cash/spot instrument.
* Shows Accurate Lot Size
For supported F\&O symbols, it fetches the correct lot size directly from exchange data.
For options, it retrieves the lot size from the option’s point value.
For cash/spot symbols with linked futures, it uses the futures lot size.
* Calculates Estimated Margin
* For futures: `Lot Size × Current Price × Margin%` (Margin% sourced from the internal lookup table).
* For options: `Lot Size × Current Price` (simple multiplication, as options margin ≈ premium cost).
* For unsupported or non-FnO symbols: Displays "No FnO".
* Fallback Margin Logic
If a symbol is missing from the margin lookup table, the script applies a user-defined default margin percentage and highlights the data in orange to indicate it’s using fallback values.
* Debug Mode for Transparency
A toggle to display the exact symbol string used for fetching lot size and margin, so traders can verify the data source.
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### How It Works
1. Symbol Normalization
The script standardizes symbol names to match the margin table format (e.g., converting `"NIFTY1!"` to `"NIFTY"`).
2. Type-Based Handling
* Futures – Uses point value for lot size, applies specific margin % from the table.
* Options – Uses option point value for lot size, margin is simply premium × lot size.
* Cash Symbols with Linked Futures – Attempts to find and use the associated futures contract for lot/margin data.
* Unsupported Symbols – Displays `"No FnO"`.
3. Margin Table Integration
The margin % table is manually updated from a reliable broker’s margin sheet (Kotak Securities) — ensuring alignment with real trading conditions.
4. Customizable Display
* Position (Top Right / Bottom Left / Bottom Right)
* Table background color, text color, font size, border width
* Editable label text for lot size and margin display
* Toggleable lot size and margin sections
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### How to Use
1. Add the Indicator to Your Chart – Works on any NSE Futures, Options, or Cash symbol with linked F\&O.
2. Configure Display Settings – Choose whether to show lot size, margin, or both, and place the info table where you prefer.
3. Adjust Fallback Margin % – If you trade less common contracts, set your default margin % to reflect your broker’s requirement.
4. Enable Debug Mode (Optional) – To see the exact symbol source the script is using.
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### Best For
* Intraday & Positional F\&O Traders who need instant clarity on lot size and margin before entering trades.
* Options Sellers & Buyers who want quick cost estimates.
* Traders Switching Symbols Quickly — saves time by removing the need to check the broker’s margin sheet manually.
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💡 Pro Tip: Since margin requirements can change, keep the script updated whenever your broker revises margin data. This version’s margin table is updated as of 13-08-2025. Indicator
The Ultimate Lot Size Calculator Backstory
I created this Pine Script tool to calculate lot sizes with precision. While there are many lot size calculators available on PulseWire, I found that most had significant flaws. I started teaching myself Pine Script over three and a half years ago with the sole purpose of building this tool. My first version was messy and lacked accuracy, so I never published it. I wanted it to be better than any other available tool, but my limited knowledge back then held me back.
Recently, I received a request to create a similar tool, as the current options still fail to deliver the precision and reliability traders need. This inspired me to revisit my original idea. With improved skills and a better understanding of Pine Script, I redesigned the tool from scratch, making it as precise, reliable, and efficient as possible.
This tool features built-in error detection to minimize mistakes and ensure accuracy in lot size calculations. I've spent more time on this project than on any other, focusing on delivering a solution that stands out on PulseWire. While I plan to add more features based on user feedback, the current version is already a powerful, dependable, and easy-to-use tool for traders who value precision and efficiency in their lot size calculations.
How to use the tool ?
At first it might seem complicated, but it is quite easy to use the tool. There are two modes: auto and manual. By default, the tool is set on manual mode. When you apply the tool on the chart, it will ask you to choose the entry price, then the stop-loss price, and at last the take-profit price. Select all of them one by one. These values can be changed later.
Settings
There are various setting given for making the tool as flexible as possible. Here is the explanation for some of most important settings. Play with them and make yourself comfortable.
General settings
Auto mode : Use this mode if you want the the risk reward to be fixed and stop loss to be based on ATR. However the stop loss can be changed to be based on user input.
Manual mode : Use this mode if you want full control over entry, stop loss and take profit.
Contract Size : The tool works perfectly for all forex pairs including gold and silver but as the contract size is different for different assets it is difficult to add every single asset into the script manually so i have provided this option. In case you want to calculate lot size for a asset other then forex, gold or silver make sure to change this. Contract size = Quantity of the asset in 1 standerd lot.
Account settings
Automatic mode settings and ATR stop settings
Manual mode settings
Table and risk-reward box settings are pretty much self-explanatory i guess.
Error handling
A lot size calculator is a complex program. There are numerous points where it may fail and produce incorrect results. To make it robust and accurate, these issues must be addressed and managed properly, which practically all existing lot size calculator scripts fail to do.
Golden tip
When the symbol is changed it will display a symbol change warning as the entry, stop loss and take profit price won't change.
There are 2 ways to get fix this. Either manually enter all three values which i hate the most or remove the script from the chart and re-apply the script on chart again.
So to re-apply the indicator in most easy way follow the following instructions:
Note : If you encounter any other error then read the instruction to fix it and if it is an unknow error pleas report it to me in comments or DM. Indicator
BB Position CalculatorPosition Size Calculator Instructions
Overview
The Position Size Calculator is designed to help traders automatically determine the appropriate lot size based on the dollar amount they are willing to risk. It includes features for automatic lot sizing, fixed lot risk calculations, take profit calculations (both automatic and fixed), max run-up, and max drawdown. Calculated values are displayed in ticks, points, and USD.
Key Features
• Automatic Lot Sizing: Automatically calculates lot size based on the amount of money you are willing to risk.
• Fixed Lot Risk Calculations: Provides risk calculations for fixed lot sizes.
• Take Profit Calculations: Offers both automatic and fixed take profit calculations.
• Max Run-Up and Max Drawdown: Monitors and displays the maximum run-up and drawdown of your trade.
• Detailed Metrics: Displays all calculated values in ticks, points, and USD.
Setup Instructions
1. Add and Remove for Each Position: The calculator is designed to be added to your chart for each new position. Once your preferences are set the first time, save them as your default to retain your settings for future use.
2. Adding the Indicator to Favorites:
• Use the PulseWire keyboard shortcut “/” then type “pos.”
• Use the arrow key to select the Position Size Calculator and press enter.
• Close the indicator selection pop-up.
3. Setting the Trigger Price:
• A blue pop-up labeled “SET TRIGGER PRICE” will appear at the bottom of the chart.
• Click on the chart at the price level where you want to enter the trade.
4. Setting the Stop Loss:
• The pop-up will change to “SET STOP LOSS.”
• Click on the chart at the price level where your stop loss will be set.
5. Setting the Take Profit:
• The pop-up will change to “SET TAKE PROFIT.”
• Click on the chart at the price level where you want to take profit. If you have selected the option to overwrite with a set risk/reward ratio (R:R), the calculation will use this price level.
6. Setting the Trade Window Start:
• The pop-up will change to “SET TRADE WINDOW START.”
• Click on the bar in time where you want the indicator to start monitoring for price to trigger the position.
7. Adjusting the Position:
• Clicking on any part of the indicator will display draggable lines, allowing you to fine-tune the position that was previously plotted by the first four chart clicks.
Additional Notes
• Compatibility: This calculator has only been tested with futures trading.
• Customization: Once your preferences are set, save them as your default to make setup quicker for future trades.
• Support: If you have any questions or feature requests, please feel free to reach out.
Indicator
SHAHRAM - Money Management This indiator will help you to calculate your position size for managing the risk calculator.
Features :
Click-able Price Entry & SL & TP
calculations works on Forex, CFD, Stock, Futures and Crypto markets.
Usage:
Step 1: Set your entry price
Step 2: Set your stop loss
Step 3: Set your Target
Step 4: Choose the symbol, forex will be automatically detected
Step 5: Fill in your balance and set your risk settings
Parameters
- Set symbol: Forex (auto detection), US100, US30, BTC, XAUUSD, NGAS, XBRUSD, XTIUSD, AUS200, US500, OIL, GOLD, SILVER,...
- Account balance
- Risk in %
- Contract size
- Levels: Stop loss, Entry, Target
- Display settings for the Trading Panel
Trading panel
- Show Live P/L
- Show Risk to reward
- Show lot size
- Show risk in %
- Show account balance
- Show money at risk (no commissions included)
You need change the lot size in Account Setting of this indicator For Gold,Oil... and Other Symbol like as different pip value.
Simply choose your entry level and stop level than target price on the chart and the indicator will calculate your invest size and other documents. You can change your account risk and base currency units in the settings along with changing the scaling of the calculation to adjust the results with the lot sizing units of your broker. This allows the calculator to be used with CFDs, forex, Gold, etc.. Hope it helps in your trading it has been the single most useful tool in my trading as it has helped me always keep my risk locked up and on point that is why I released it.
Copyright BY : @shahramlife
indiator will help you to calculate your position size for managing the risk calculator. Indicator
Indicator
(Simple) Lot Size CalculatorPip Calculator: A Guide for Traders
The Pip Calculator is a powerful tool designed to help traders calculate their lot size based on their account balance, risk percentage, and stop loss in pips. This guide will walk you through using the Pip Calculator script and explain its features.
Features of the Pip Calculator:
User-friendly UI : The Pip Calculator provides a simple and intuitive user interface, making it easy to input your account details and obtain the desired lot size.
Flexible Inputs : The Pip Calculator allows you to enter your account balance, risk percentage, and stop loss in pips. This flexibility enables you to customize the calculation according to your trading strategy.
Dynamic Currency Pair Support : The Pip Calculator supports various currency pairs and their respective pip values. The script automatically detects the currency pair of the chart you're viewing, ensuring accurate calculations.
Real-time Lot Size Display : The Pip Calculator instantly calculates and displays the lot size based on your inputs. The lot size is updated in real-time as you adjust your account balance, risk percentage, or stop loss.
Visual Representation : The Pip Calculator visually presents the calculated lot size on the chart, making it easy to understand and reference during your trading activities.
Using the Pip Calculator:
Install and Apply the Script : To use the Pip Calculator, install it as an extension on your preferred trading platform (such as PulseWire). Apply the script to the chart of the desired currency pair.
Enter Account Details : In the script's user interface, enter your account balance, risk percentage, and stop loss in pips. These details are essential for accurate lot size calculation.
Review Currency Pair Support : The Pip Calculator automatically detects the currency pair of the chart. Ensure that the currency pair is supported by checking the "Currency pair not supported" message. Currently, GBPJPY is the supported pair.
Observe Real-time Lot Size : Once you've entered the required information, the script will calculate and display the lot size in real-time. The lot size is adjusted automatically as you modify your inputs.
Visualize the Lot Size : The calculated lot size is displayed on the chart as a label. You can easily view and reference the lot size while analyzing price movements.
Customize the UI : The Pip Calculator allows you to customize the appearance of the lot size label. You can adjust the text color, background color, and choose whether to show or hide the lot size label.
Note: The Pip Calculator script is intended as a tool to assist traders in determining an appropriate lot size based on their account balance, risk percentage, and stop loss. It should be used in conjunction with a comprehensive trading strategy and risk management principles.
Advantages of the Pip Calculator:
Accuracy: The Pip Calculator incorporates accurate pip values for supported currency pairs, ensuring precise lot size calculations.
Simplicity: The user-friendly interface and intuitive design make it easy for traders to calculate their lot size without complex calculations or manual estimations.
Real-time Updates: The Pip Calculator provides instant lot size updates, allowing traders to adapt their position sizing based on changes in account balance, risk percentage, or stop loss.
Visibility: The visual representation of the lot size on the chart helps traders quickly identify their desired position size and monitor it during trading activities.
The Pip Calculator offers a convenient and efficient way to determine lot sizes based on your trading parameters. By using this tool, you can enhance your risk management practices, maintain consistency, and stay aligned with your trading plan.
Disclaimer: The Pip Calculator script is provided for informational purposes only and should not be considered as financial advice. Trading in the financial markets carries inherent risks, and it is essential to perform your own analysis and consult with a qualified financial advisor before making any investment decisions. Indicator
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Position Sizing Tool [Skiploss]The position sizing tool is an indicator to help calculate in trading, such as loss and gain, lots size, and risk-reward ratio.
When you open the indicator, you must select the entry, take profit, and stop-loss points.
Be careful;
The take profit point must be more than the entry point in the long position. On the other hand, it will be a short position.
The stop loss point must be less than the entry point in the long position. On the other hand, it will be a short position.
For contract size, you can find details on MetaTrader, Ctrader, or your broker.
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