Max Position Size Calculator

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The "Max Position Size Calculator" indicator for TradingView is designed to help traders determine the maximum position size they can open based on their equity, leverage, and the current market price, while also accounting for trading fees.


Key features
*Inputs for Personalization:
*Leverage: Adjustable leverage value.
*Equity: User-defined equity in USD.
*Fee Percentage: Customizable fee percentage to include trading costs in calculations.
*Dynamic Calculations:
*Maximum Position Size: The largest position size that can be opened at the current price.
*Fee Cost: Displays the trading fee in USD based on the calculated position size.
*Customizable Table Display:
*Positioning: The table can be placed in any corner of the chart (top-left, top-right, bottom-left, bottom-right).
*Appearance Options: Control over frame color, background colors, text colors, and table border width.
*Value Highlighting: Distinct colors for each data point (e.g., equity, leverage, fee, max position size).
*Real-Time Updates:
*Automatically recalculates the values based on the latest closing price, ensuring up-to-date information.

This indicator is particularly useful for traders who want to manage their risk and position sizing efficiently while considering the impact of fees on their trades.