Position Tool Pro

30 Jun

This advanced indicator is a professional upgrade and expansion of the default Position Tool on TradingView. Now you can visualize, calculate, and manage advanced scaling strategies directly on your TradingView chart – all with more features, flexibility, and automation.

Key Features:

Flexible Scaling Modes: Build your entries and exits with multiple levels using Progressive, Exponential, ATR/Volatility-Based, Fibonacci, or Manual Placement modes.

Entry & Exit Trajectories: Choose between Averaging In (scale between entry & stop) or Pyramiding (scale between entry & target) for both entries and exits.

Customizable Level Distribution: Fine-tune how much size you add at each level using fixed %, custom ratio (like 50:30:20), or even per-level percentages.

Real-Time Position Sizing: Enter your account size and risk %, and the tool automatically calculates size per entry/exit level and the full position.

Dynamic Stop Loss Options: Set fixed or ATR-based (volatility-adjusted) stops, including trailing options.

Visual Clarity: Each scale level is labeled with type, level number, price, %, allocation, and the distance mode used for full transparency.

Easy Level Placement: Set your entry, target, stop, and scale levels with simple chart clicks or in the settings panel.

Comprehensive P&L and RR Display: Instantly see your risk/reward ratio, potential profit/loss, and position summary in an overlay box.

Advanced Customization: Adjust label sizes for better readability, pick your own colors for each zone and label, and manage extension behavior.

Ideal For:

Systematic traders who want precise scaling

Turtle-style and trend-following strategies

Volatility-based position builders

Anyone who wants to visualize their full trade logic before execution

30 Jun

Nota Keluaran

This advanced indicator is a professional upgrade and expansion of the default Position Tool on TradingView. Now you can visualize, calculate, and manage advanced scaling strategies directly on your TradingView chart – all with more features, flexibility, and automation.

Key Features:

Flexible Scaling Modes: Build your entries and exits with multiple levels using Progressive, Exponential, ATR/Volatility-Based, Fibonacci, or Manual Placement modes.

Entry & Exit Trajectories: Choose between Averaging In (scale between entry & stop) or Pyramiding (scale between entry & target) for both entries and exits.

Customizable Level Distribution: Fine-tune how much size you add at each level using fixed %, custom ratio (like 50:30:20), or even per-level percentages.

Real-Time Position Sizing: Enter your account size and risk %, and the tool automatically calculates size per entry/exit level and the full position.

Dynamic Stop Loss Options: Set fixed or ATR-based (volatility-adjusted) stops, including trailing options.

Visual Clarity: Each scale level is labeled with type, level number, price, %, allocation, and the distance mode used for full transparency.

Easy Level Placement: Set your entry, target, stop, and scale levels with simple chart clicks or in the settings panel.

Comprehensive P&L and RR Display: Instantly see your risk/reward ratio, potential profit/loss, and position summary in an overlay box.

Advanced Customization: Adjust label sizes for better readability, pick your own colors for each zone and label, and manage extension behavior.

Ideal For:

Systematic traders who want precise scaling

Turtle-style and trend-following strategies

Volatility-based position builders

Anyone who wants to visualize their full trade logic before execution

30 Jun

Nota Keluaran

This advanced indicator is a professional upgrade and expansion of the default Position Tool on TradingView. Now you can visualize, calculate, and manage advanced scaling strategies directly on your TradingView chart – all with more features, flexibility, and automation.

Key Features:

Flexible Scaling Modes: Build your entries and exits with multiple levels using Progressive, Exponential, ATR/Volatility-Based, Fibonacci, or Manual Placement modes.

Entry & Exit Trajectories: Choose between Averaging In (scale between entry & stop) or Pyramiding (scale between entry & target) for both entries and exits.

Customizable Level Distribution: Fine-tune how much size you add at each level using fixed %, custom ratio (like 50:30:20), or even per-level percentages.

Real-Time Position Sizing: Enter your account size and risk %, and the tool automatically calculates size per entry/exit level and the full position.

Dynamic Stop Loss Options: Set fixed or ATR-based (volatility-adjusted) stops, including trailing options.

Visual Clarity: Each scale level is labeled with type, level number, price, %, allocation, and the distance mode used for full transparency.

Easy Level Placement: Set your entry, target, stop, and scale levels with simple chart clicks or in the settings panel.

Comprehensive P&L and RR Display: Instantly see your risk/reward ratio, potential profit/loss, and position summary in an overlay box.

Advanced Customization: Adjust label sizes for better readability, pick your own colors for each zone and label, and manage extension behavior.

Ideal For:

Systematic traders who want precise scaling

Turtle-style and trend-following strategies

Volatility-based position builders

Anyone who wants to visualize their full trade logic before execution

1 Jul

Nota Keluaran

Release Notes – Position Tool Pro v2.1

A major upgrade from the previous version. This release introduces advanced scaling modes, greater flexibility, improved labeling, and even more robust risk management—all built on trader feedback and practical needs.

What’s New and Improved:

– Exponential Distance Mode:
Added new “Exponential” mode for both entry and exit scaling, with configurable factor (1.1–3.0). Each gap is multiplied, enabling true geometric pyramiding. Works with both percentage and ATR-based spacing.

– Logarithmic Distance Mode:
Now supports natural logarithmic spacing, for decreasing gaps as levels approach the target—ideal for scaling out.

– Fibonacci Multiplier:
Entry and exit Fibonacci modes now support a custom multiplier (0.1–5.0, default 1.0) for tuning distance curves to suit any market.

– Distance Mode in Labels:
Every scale label now clearly shows which distance mode was used (e.g., [Progressive], [ATR], [Exponential]), removing any guesswork.

– Label Text Size Adjustable:
Label font size is now fully configurable in Style settings (tiny to huge, default normal).

– Auto-fill Support:
All calculated scale prices for entries and exits are displayed in the Data Window as “Calc Entry/Exit Level 1-5”, making it easy to copy values directly into Manual mode fields.

– Enhanced Exponential Mode:
Exponential mode can now be combined with ATR for volatility-adjusted geometric scaling.

– Progressive Increment Maximum Increased:
Max “Progressive Increment” is now 20% (up from 10%) for more flexibility in spacing.

– Default Settings Updated:
• Scaling Trajectory now defaults to “Pyramiding”
• Distance Mode now defaults to “ATR/Volatility Based”

– Lot Size Setting Removed:
The tool no longer requires a “Lot Size” input. Position size calculations now directly use your selected risk and account size, simplifying setup for all users.

– Commission Preset Selector:
Select your commission/maker fee from a grouped list of popular exchange presets, or enter any custom value. Preset selection auto-fills the right %.

– Other Improvements:
• Scaling logic is now more robust across all modes, with clearer input validation.
• Improved warning messages for misconfigured levels.
• P&L summary box and breakeven line now clearer and more responsive.
• Visuals: Colors, labels, and overlap logic further improved for all chart backgrounds.

Quick How-To:

1. Add the indicator to your chart.

2. Use the Settings (gear icon) to set entry, TP, and SL, or click on the chart.

3. All sizing, RR, and profit/loss are calculated instantly.

4. For advanced scaling, select the scaling mode, adjust parameters, and use Data Window outputs for precision.

Tip:
If you see unexpected behavior after an update, just remove and re-add the indicator for a clean state.

Feedback & Bugs:
Drop a comment or contact Robertsanktov on TradingView for suggestions or reports.


Note: Description might show up more than once above—just a hiccup in the initatial release procces (my first publication ever on TradingView).

1 Jul

Nota Keluaran

v2.2 – Commission & Entry Label Update
• Added commission fee presets for major exchanges
• Commission percentage now adjusts automatically based on the selected preset
• Entry label now displays all position information inline
• First scale level details are now included in the Entry label
• Commission fees are displayed on all relevant labels
• Updated default colors (white text, specific label backgrounds)
• Changed default Scale Label Size to “normal”
• Default ATR period is now 20
• Default Distance/Multiplier is now 2.0
• Maximum Distance/Multiplier increased to 50
• Fixed scale label display when first scale level equals entry