This indicator I am using to calculate the position size to order for Forex and Crypto Future
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//Input - Risk (USD) // Easy to use : - Stoploss : Drag and drop do not have to manually enter - Entry : Use the current price. Not to manually enter. Feature Forex - Support all pair by currency : "USD,EUR,JPY,GBP,AUD,CAD,CHF" and XAU/USD - Calculate Position size, Number of Stoploss PIP. Feature Crypto - Calculate Finance Leverage and Position Size with condition Risk =? and Stoploss=? - Calculate Position Size and Lost money with condition Risk=? and multi FL=? // --- Label Coin --- // FL => Finance Leverage // PS => Position Size // SL => Price Stoploss // $ => Lost money with Risk and multi FL : (FL * Risk / CurentPrice)*SL
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Update
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Add Line SL
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Add Feature : Manually Entry Price
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bug
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Update for Coin
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Update TP Line with R:R
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Add Option Calculate Entry Price
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Update Feature Calculate R:R. Note : You can only use the feature when you celect option Price entry is Market or Limit.
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Remove FL
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Change script to simple. Only use the limit function to calculate.
FL - Financial leverage text is very distracting and a trader may end up assuming that is position size. There can be option to either switch off/on FL (financial leverage) OR just remove it fully.
Only position size & RR ratio reflecting is better.
Rest your choice.
Thank you so much for making it GRAND.
meomeo105
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@RK5551, Currently, I also do not use financial leverage. I think I should delete it.
FL - Financial leverage text is very distracting and a trader may end up assuming that is position size. There can be option to either switch off/on FL (financial leverage) OR just remove it fully.
Only position size & RR ratio reflecting is better.
Rest your choice.
Thank you so much for making it GRAND.