Library "swap"
Side / Boundary Based All Types Swapper
- three automagical types for Arrays, Matrixes, and Variables
-- no signal : Long/ Short position autoswap
-- true / false : Boolean based side choice
-- Src / Thresh : if source is above or below the threshold
- two operating modes for variables, Holding mode only for arrays/matrixes
-- with two ...
This script allows you to calculate position size, and future profit, loses.
- You can add 3 target values and 1 stop loss
- Optionally you can display table, position it as you like, and see risk ratio
Plans:
- add profit loss to the labels
Good money management is one of the fundamental pillars of successful trading. With this indicator, we propose a simple way to manage trading positions. This tool shows Profit & Loss (P&L), suggests position size given a certain risk, sets stop losses and take profit levels using fixed price value/percentage/ATR/Range, and can also determine entries from crosses...
A little FREE script - which may help people set their trade size and stop levels for bitcoin trades.
NOTE :- This script conveys information that requires "indicator arguments" to be turned on.
TO USE :- To adjust to your requirements, click the cog wheel next to the indicator, and adjust "POT SIZE" (how much dollar you have), "RISK %" (the percentage of...
The purpose of this position size calculator is to assist fellow traders in their position size calculations straight from tradingview without having to rely on other apps or websites.
Account balance in the 8 major currency pairs are also available as an input option (i.e. if the account balance is based in pounds, dollars, euros, it can be selected).
Right now...
Current script was created to help faster calculate possible gain or loss from a furure trade. Making money management a bit simpler, by changing values you can adjust proper trade leverage and see possible target values
SuperTrend with position sizing calculator.
This is based on SuperTrend by Kivanc. I only added the position size calculation and displaying the result.
ATR based position sizing calculator that takes into account the capital, risk percentage and commissions to be paid. Color changes to green as the affordable position size significantly increases relative to recent history.
Hello Traders,
A very simple code aiming to help you size your position, according to the amount you're accepting to lose AND the current volatility ATR.
Why is it important to use ATR size ? Markets move, and having fixed stoploss values will lead to getting stopped out in case of volatility increase.
You also need to size down your trades in case of more...
Determine the position of the product to purchase according to:
1. max loss that you could tolerate
2. max volatility that you could tolerate (defined as the multiple of the current ATR)
For example:
current ATR = $5
max loss = $1000
volatility multiple = 2
The position will be
p = $1000 / $5 / 2 = 100 (shares)
This script helps the user visualize profit targets and calculates position size based on the input risk amount.
Input variables:
- Risk amount
- Entry price
- Stop loss amount
- Profit target amount
Calculated variables:
- Profit loss ratio
- Position size
- Postion cost
Plotted variables:
- shaded: entry price --> price target (green filled)
-...
Test version of a weighted average calculator, will make an update later with more functions and a better view.
For now it's mainly useful for getting an average value and see how you can ladder into your position,
if you use the weights as the amount you want to order, you can see the total value and expected loss in the label.
You can use the weights as...
This script is an advanced version of the distributional blocks script.
In distributional buys and sells:
I used a high - low cloud filter, which makes it more prudent to sell the next sell higher for sells and to buy the next purchase lower for buys.
I also used the Stochastic Money Flow Index function because it also uses volume to separate regions.
The long...
This position calculator can be used to see if the potential trade is a good one. Enter the values as inputs and the output will be listed next to the settings of the indicator. Nearest support/resistance is meant to be your price target. I have found running this analysis prior to a trade to be helpful. This will output number of shares to buy/sell based on your...
![BTCUSD: Risk Management Tool [LuxAlgo]](https://s3.tradingview.com/f/fLtr5XhT_mid.png "Risk Management Tool [LuxAlgo]")
