Position Size Using Manual Stop Loss [odnac]

30 Nov

This indicator calculates the risk per position based on user-defined settings.

Two Calculation Methods
1. Manual Stop Loss (%) & Manual Leverage
2. Manual Stop Loss (%) & Optimized Leverage

Settings
1. init_capital

• Enter your current total capital.

2. Maximum Risk (%) per Position of Total Capital

• Specify the percentage of your total funds to be risked for a single position.

3. manual_SL(%)

• Enter the stop-loss percentage.
  
• Range: 0.01 ~ 100

4. manual_leverage

• Enter the leverage you wish to use.
  
• Range: 1 ~ 100
  
• Used in the first method (Manual Stop Loss (%) & Manual Leverage).

5. Safety Margin

• Specify the safety margin for optimized leverage.
  
• Range: 0.01 ~ 1
  
• Used in the second method (Manual Stop Loss (%) & Optimized Leverage). Details are explained below.

Indicator Colors
Black: Indicates which method is being used.
White: Leverage.
First Green: Funds to be invested.
Second Green: Funds to be invested * Leverage.
First Red: Stop-loss (%).
Second Red: Stop-loss (%) * Leverage.
Details for Each Method:

1. Manual Stop Loss (%) & Manual Leverage
This method calculates the size of the funds based on user-defined stop-loss (%) and leverage settings.

White: manual_leverage.
First Green: Investment = Maximum Risk / (manual_SL / 100) / manual_leverage
Second Green: Maximum Risk * (manual_SL / 100)
First Red: manual_SL.
Second Red: manual_SL * manual_leverage

Ensure that the product of manual_SL and manual_leverage does not exceed 100.
If it does, there is a risk of liquidation.

2. Manual Stop Loss (%) & Optimized Leverage
This method calculates optimized leverage based on the user-defined stop-loss (%) and determines the size of the funds.

Optimization_LEVER = auto_leverage * safety_margin
auto_leverage = 100 / stop-loss (%), rounded down to the nearest whole number.
(Exception: If the stop-loss (%) is in the range of 0 ~ 1%, auto_leverage is always 100.)

Example:
If the stop-loss is 4%, auto_leverage = 25 (100 / 4 = 25).
However, 4% × 25 leverage equals 100%, meaning liquidation occurs even with a stop-loss.
To reduce this risk, the safety_margin value is applied.

White: auto_leverage * safety_margin
First Green: Investment = Maximum Risk / (manual_SL / 100) / optimization_LEVER
Second Green: Maximum Risk * (manual_SL / 100)
First Red: manual_SL.
Second Red: manual_SL * optimization_LEVER