TradeSpec- Overview 1. Main Trend (gray line) lets you see your trailing stop as the the trend progresses and provide a definitive point to know where to execute your sell and lock in your profits. Also, you have the ability to adjust the indicator value based on your trading time frame and objective. 2. Initial stop value (pink dotted line) can be used to...
Script to calculate the amount of stocks for of an order in relation to depot size (money), risk awareness, profit target and ATR
This script calculates the amount of stocks in a trade based on risk awareness. The risk awarness is part of portfolio management and the book "sustainable & successfull trading" by Faik Giese. Input is depot size (cash and stocks), risk per depot position, max. Stop-Loss and ATR.