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Risk Calculator Manual Only

### Indicator Name: Risk Calculator Manual Only
Description:
This indicator is designed for manual risk and position size calculation. It helps traders manage risk per trade by clearly displaying key trade parameters on the chart in an easy-to-read table format. The indicator does not auto-calculate entry, stop, or target prices—all values must be entered manually, giving full control to the trader.
Key Features:
- Manual input only: Users manually enter the entry price, stop-loss, and take-profit levels.
- On-chart data table: Displays all calculated metrics in a compact, color-coded table:
- Trade Type: Long or Short, selectable in settings.
- Entry Price, Stop-Loss, Take-Profit: Entered by the user.
- Position Size ($): Automatically calculated based on your risk amount and stop-loss distance.
- Profit ($): Potential profit based on take-profit level.
- Loss ($): Potential loss based on stop-loss level.
- Color coding:
- Profit row is highlighted in green.
- Loss row is highlighted in red.
- Alerts: Optional alerts when price hits the stop-loss or take-profit levels.
How to Use:
1. Enter your planned entry price, stop-loss, and take-profit in the indicator settings.
2. Set your risk amount per trade (in USD).
3. The indicator will calculate the appropriate position size, potential profit, and loss, and display them in a visual table.
4. Enable alerts if you want to be notified when price reaches your stop-loss or take-profit.
Benefits:
- Helps enforce disciplined risk management.
- Visual feedback on key trade metrics, directly on the chart.
- Fast, manual trade planning with no automation—ideal for discretionary traders.
- Supports both long and short trade types.
Notes:
- This tool assumes accurate manual input. It does not auto-detect price levels.
- Best used by traders who prefer full control over their risk setup and calculations.
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Description:
This indicator is designed for manual risk and position size calculation. It helps traders manage risk per trade by clearly displaying key trade parameters on the chart in an easy-to-read table format. The indicator does not auto-calculate entry, stop, or target prices—all values must be entered manually, giving full control to the trader.
Key Features:
- Manual input only: Users manually enter the entry price, stop-loss, and take-profit levels.
- On-chart data table: Displays all calculated metrics in a compact, color-coded table:
- Trade Type: Long or Short, selectable in settings.
- Entry Price, Stop-Loss, Take-Profit: Entered by the user.
- Position Size ($): Automatically calculated based on your risk amount and stop-loss distance.
- Profit ($): Potential profit based on take-profit level.
- Loss ($): Potential loss based on stop-loss level.
- Color coding:
- Profit row is highlighted in green.
- Loss row is highlighted in red.
- Alerts: Optional alerts when price hits the stop-loss or take-profit levels.
How to Use:
1. Enter your planned entry price, stop-loss, and take-profit in the indicator settings.
2. Set your risk amount per trade (in USD).
3. The indicator will calculate the appropriate position size, potential profit, and loss, and display them in a visual table.
4. Enable alerts if you want to be notified when price reaches your stop-loss or take-profit.
Benefits:
- Helps enforce disciplined risk management.
- Visual feedback on key trade metrics, directly on the chart.
- Fast, manual trade planning with no automation—ideal for discretionary traders.
- Supports both long and short trade types.
Notes:
- This tool assumes accurate manual input. It does not auto-detect price levels.
- Best used by traders who prefer full control over their risk setup and calculations.
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Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
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.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
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.