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Risk-management

Position and Risk Calculator (for Indices) [dR-Algo]Position and Risk Calculator : Your Ultimate Risk Management Tool for Indices The difference between a novice and a seasoned trader often comes down to one essential element: risk management. While trading indices, the challenges are even more intense due to market volatility and leverage. The Position and Risk Calculator steps in here to bridge the gap, providing you with an efficient tool designed exclusively for indices trading. Key Features: User-Friendly Interface: Designed to integrate effortlessly with your TradingView chart, this tool's interface is intuitive and clutter-free. Dynamic Price Level Adjustment: Move your Entry, Stop Loss, and Take Profit levels directly on the chart for an interactive experience. Account Balance Input: Customize the tool to understand your unique financial situation by inputting your current account balance. Trade Risk Customization: Define how much you're willing to risk per trade, and the tool will do the rest. Automated Calculations: The indicator calculates the maximum monetary risk and translates it into the maximum lot size you can afford. It delivers a full-integer lot size to make your trading decisions easier. Comprehensive Risk Evaluation: Beyond lot sizes, it provides you with the Cost-to-Reward Ratio (CRV) of your trade, the actual monetary risk according to the calculated lot size, and the potential profit. How To Use: Once you add the Position and Risk Calculator to your TradingView chart, a new interactive panel appears. Here’s how it works: Set Price Levels: Using draggable lines on the chart, set your Entry Price, Stop Loss, and Take Profit levels. Account Details: Go to settings and enter your Account Balance and your desired risk percentage per trade. Automatic Calculations: As soon as the above details are set, the indicator goes to work. It first calculates your maximum risk in monetary terms and then translates that into the maximum lot size you can take for the trade. Review and Trade: The indicator shows you all the vital statistics - CRV of the trade, the money at risk according to the calculated lot size, and the possible profit. Why Choose This Tool? Informed Decisions: Your trading decisions will be based on concrete numbers, removing guesswork. Time-saving: No need for manual calculations or using separate tools; everything is in one place. Focus on Trading: By automating the risk management aspect, this tool allows you to focus more on your trading strategy and market analysis. Tailor-Made for Indices: Unlike many other tools that try to serve all markets, the Position and Risk Calculator is designed specifically for indices trading. Remember, effective risk management is what separates successful traders from those who burn out. The Position and Risk Calculator not only helps you define your risk but also helps you understand it, empowering you to trade with confidence. So why not give yourself the best chance of success? Add the Position and Risk Calculator to your TradingView setup and experience the difference it can make.
Penunjuk Pine Script™
oleh dR-Algo
5
TSG 5% Daily CalculatorThis is a calculator I've created to help visualize Target and Risk Levels based on leverage use to trade crypto. How to use it ? Basic Use: - Set the Direction of your trade - either Long or Short - Set the Leverage you use in your trade - it is crutial to define the risk and target levels - Set the Risk Amount you want to risk (in %) of your total balance ( Advised 2-3% ) - Set the Target Amount you want to profit at the target (the idea of this is 5% daily, so 5%). - Set Entry Price if you have opened a position, and you will visually see your progress. Otherwise the levels will be adjusted to the Close of the candle. Additions: - Set your Initial Balance - to help you visualize on the Table your progress - Set your Current Balance - for visualization purposes on ongoing trades and on the Table - Entry Date - Advised to set it when you open a trade - you will be tracking the progress of your trade since the candle on which you opened it - Show Table - to show the table of 5% daily and the target it is set on per day - Table Size - Set table to be small or normal - Together with the Table you have a big blue area behind that ends on the day you will become a Millionaire based on the Initial Balance, Current balance and Target % in your inputs
Penunjuk Pine Script™
oleh TheSecretsOfTrading
1
RISK MANAGEMENTHi dear Traders, Here I would present you my 'Risk Management' tool which is based on your buy orders, trading fees and your desired benefit. Easily, fulfill the price and volume of each entries. Add to this, you can prepare the info about your next proposed entries, just let them not check at first and by meeting the prices then active the check-box beside it. Two line will be presented on your candle-plot, one of the indicate the place that without any lose/win you can exit and also the desired exit position by considering user defined benefit. Use it for free but please do not forget to boost the script. Best regards and happy trading. Shakib
Penunjuk Pine Script™
oleh shaklerner1
Position Size Calc. (Minimalist)This is a simplified position size calculator in the form of a table. The reason I published this script is because all other position size calculator scripts try to provide way too much when it should be much simpler, position in strange areas of the chart and leave unwanted chart pollution. This is a bare-bones functional table that takes your risk level, entry, stop and take profit as inputs, and calculates your loss, profit and required position size for your chosen risk level as a result. Inspired by a table type position size calculator made by DojiEmoji design/color-wise. Functionally different however. I hope you find this script useful and include it on your trading journey.
Penunjuk Pine Script™
oleh chartsniping