Position Size Calculator

█ Key Features
• Customizable Account Settings: Define your account size, currency, risk tolerance, and commission structure to personalize the calculations.
• Real-Time Trade Levels: Easily input your entry, stop loss, and take profit prices directly on the chart for immediate calculations.
• Visual Indicators: Clearly see your entry, stop loss, and take profit levels with customizable colors and labels.
• Comprehensive Position Information: View detailed information about your position, including potential profit and loss, risk-reward ratio, and position size.
• Currency Conversion: Automatically convert prices to your account currency, making it easy to manage trades in different markets.
• Hide Metrics: Choose which metrics to display to avoid emotional influence on your trading decisions (e.g., hiding PnL).
█ Conclusion
The Position Size Calculator is an essential tool for traders looking to optimize their trading strategies and manage risk effectively. By providing detailed calculations and visual indicators, this tool helps you make informed decisions, improving your overall trading performance.
█ Important
• Ensure that your stop loss and take profit levels are correctly set relative to your entry price to avoid errors.
• The default commission setting considers both entry and exit commissions. Adjust accordingly if only one commission is applicable.
Consider using this tool to manage every trade risk correctly and prevent significant drawdowns.
Hope you like it. Happy trading!
- Added lot size calculation
- Fixed runtime error for all currency conversions
- Added two RRR calculation methods: “By Profit and Loss” and “By Price Difference”
- Fixed lot quantity calculation error
- Fixed position size calculation error
- Deleted entry price conversion
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
Untuk akses pantas pada carta, tambah skrip ini kepada kegemaran anda — ketahui lebih lanjut di sini.
Penafian
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
Untuk akses pantas pada carta, tambah skrip ini kepada kegemaran anda — ketahui lebih lanjut di sini.