OPEN-SOURCE SCRIPT
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Custom position sizer

7565
This is a simple script to aid with determining position size.

Inputs are the intended entry price, desired risk (expressed as % of account at risk), account value, and leverage factor.

To use the script;

1. Identify and update the entry price (yellow line on the chart)
2. Update with desired risk
3. Update with account size
4. Adjust the leverage value until the stop loss (red line on chart for long positions, green line for short positions) reaches the desired value/location on the chart

The label will then update to show the required position size for the trade.
Nota Keluaran
Updated to generate label on current bar only
Nota Keluaran
Further update to fix the issue of labels forming at every new bar
Nota Keluaran
Reworked calculation of position size, added individual inputs for stop and target prices, added background colours.

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.