Positionsizingtool

Risk & Reward Position Planner Description This script is a trade architecture tool designed to help traders calculate position sizes and visualize risk-reward ratios dynamically on the chart. It focuses on functional precision and clean aesthetics, offering two distinct visual styles: "Cyber" for modern high-tech charts and "Classic" for a traditional look. Key Features Interactive Setup: Upon adding the script or resetting, it prompts you to click directly on the chart to set your Entry and Stop Loss levels. Dynamic Position Sizing: Calculates the total risk in currency (USD) based on your custom unit size. Multi-Target Planning: Visualizes four customizable Take Profit targets based on specific RR ratios. Cyber UI Aesthetics: Full control over colors, neon glow effects, and horizontal alignment to fit any chart layout. Comprehensive Data: Displays price, percentage distance, currency risk, and RR ratios at a single glance. User Guide (How to use) To ensure the most efficient workflow, here are the essential steps for operating the tool: Setting a New Trade (Resetting) If you change your symbol or want to plan a completely new trade, you can clear the current setup and trigger the interactive selection again: Right-click on the indicator in the chart OR click the three dots (...) next to the indicator name in the legend. Select "Reset Points". The indicator will prompt you to click two new points on the chart: first for the Entry, then for the Stop Loss. Moving Entry and Stop Loss Move the mouse over the line of the Entry or the StopLoss and grab the grip of the line to move it up or down. Drop it to the price you want to set.

Indicator

by realmacgyver77

Position Size Tool Position Size Tool What it does: Shows a small on-chart table that converts per-ticker dollar amounts into share counts (shares = amount ÷ current price) for up to 4 configurable tickers. Inputs (indicator settings) Ticker 1–4 — select the symbol (PulseWire will show the exchange-qualified form like BATS:TQQQ in the settings). Ticker N $ Amount — dollar amount to convert into shares for that ticker. Show Ticker N — toggle each row on/off. Table Text Color — color of the table text. Table Position — screen location (Top/ Middle/ Bottom × Left/Center/Right). Font Size — Small / Medium / Large. Show Empty Top Row — optional spacer row. What the table displays Left column: the ticker symbol only (the script strips the exchange prefix for display, so BATS:TQQQ appears as TQQQ in the table). Right column: the calculated share count, formatted to two decimal places (or "—" if price is not available or zero). Table updates on the chart’s timeframe using live/last bar prices. How to use Add the indicator to a chart. Open the indicator’s settings panel. In Ticker 1–4, type/select the symbols you want (you may see the exchange prefix there; that’s PulseWire’s UI). Enter the dollar amounts for each ticker. Use Show Ticker N to hide/show rows. Adjust text color, font size, and table position as desired. Notes The settings field will always show the exchange-qualified symbol (PulseWire behavior); the script strips the exchange only for the on-chart display. If the selected symbol has no price data on the chart/timeframe, the table shows "—". Shares are computed as amt ÷ current close from the requested symbol and timeframe. Example of how to use this tool: Monitor an index and execute trades on leveraged derivative products. This tool will determine the quantity of shares that can be purchased with a pre-determined dollar amount. Ex: Monitor SPX for entry/exit signals and execute trades on UPRO/SPXU/SPXL/SPXS. Input a ticker and a dollar amount for position size, shares that can be purchased will be calculated based on the current asset price. This tool can be helpful for those that use multiple platforms simultaneously to monitor and execute trades.

Indicator

by abbadon9

ATR + Position Sizing This is an equalized risk calculation for easy position sizing when trading multiple instruments at the open. The formula is simple: Position Size = $ Risk / X-period ATR

Indicator

by nikita_castle00

Metatrader Calculator The “ Metatrader Calculator ” indicator calculates the position size, risk, and potential gain of a trade, taking into account the account balance, risk percentage, entry price, stop loss price, and risk/reward ratio. It supports the XAUUSD, XAGUSD, and BTCUSD pairs, automatically calculating the position size (in lots) based on these parameters. The calculation is displayed in a table on the chart, showing the lot size, loss in dollars, and potential gain based on the defined risk.

Indicator

by legioz

Position Sizing Calculator (Real-Time)█ SUMMARY The following indicator is a Position Sizing Calculator based on Average True Range (ATR), originally developed by market technician J. Welles Wilder Jr., intended for real-time trading. This script utilizes the user's account size, acceptable risk percentage, and a stop-loss distance based on ATR to dynamically calculate the appropriate position size for each trade in real time. █ BACKGROUND Developed for use on the 5-minute timeframe, this script provides traders with continuously updated, dynamic position sizes. It enables traders to instantly determine the exact number of shares and dollar amount to use for entering a trade within their acceptable risk tolerance whenever a trade opportunity arises. This real-time position sizing tool helps traders make well-informed decisions when planning trade entries and calculating maximum stop-loss levels, ultimately enhancing risk management. █ USER INPUTS Trading Account Size: Total dollar value of the user's trading account. Acceptable Risk (%): Maximum percentage of the trading account that the user is willing to risk per trade. ATR Multiplier for Stop-Loss: Multiplier used to determine the distance of the stop-loss from the current price, based on the ATR value. ATR Length: The length of the lookback period used to calculate the ATR value.

Indicator

by Stereotypical

Position Size By Risk For Bar Size This simple script provides a way of calculating position size on a bar by bar basis for a fixed risk amount. If you are trading a fixed risk amount (e.g. $100) per trade and your Entry and Stop is defined by a specific bar on the chart (any resolution e.g. 15 min, 5 min, 2 min etc) then this indicator will show you the position size you can take. The user configures the risk amount per trade in the setting for the indicator, the default is 100 (e.g. $100). It calculates each bar size (high - low) for the resolution of the chart that is being viewed. The position size = (risk amount) / (bar size). It then displays a "." (dot) for each bar and to see the position size hover your mouse over this dot . The pane for this indicator can be set to the top of the chart by using the "Move pane up" option on the chart so that the indicator is easily accessible and discrete at the top of the chart. Also, there is an option to use this indicator as a substitute for the built-in volume display.

Indicator

by trader-ap2