OPEN-SOURCE SCRIPT

RISK

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## Main Purpose
The indicator calculates and displays risk levels based on margin requirements and daily settlement prices, helping traders visualize their potential risk exposure.

## Key Features

**Inputs:**
- **Margin for Calculation**: The CME long margin requirement for the asset
- **HTF Margin Line**: An anchor point for higher timeframe margin calculations

**Core Calculations:**
1. **Settlement Price Tracking**: Captures daily settlement prices during specific session times (6:58-6:59 PM ET for close, 6:00-6:01 PM ET for new day open)

2. **Risk Percentage**: Calculates `margin / (point value × settlement price)` - with special handling for Micro contracts (symbols starting with "M") that uses 10× point value

3. **Risk Intervals**: Determines price intervals representing one margin unit of risk

## Visual Display
The indicator plots multiple risk levels on the chart:

- **Settlement price** (orange circles)
- **Globex open** (green circles)
- **Upper/Lower Risk levels** (red circles) - one and two risk intervals away
- **Subdivision levels** (blue crosses) - 25%, 50%, and 75% of each risk interval
- **MHP+ level** (black crosses) - HTF anchor adjusted by risk percentage
- **HTF Anchor** (black crosses)

## Practical Use
This helps futures traders:
- Visualize how far price can move before hitting margin calls
- See risk levels relative to daily settlements
- Plan position sizing and risk management
- Understand exposure in terms of actual margin requirements

The indicator essentially transforms abstract margin numbers into concrete price levels on the chart, making risk management more visual and intuitive.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.