OPEN-SOURCE SCRIPT

Position Size Calculator

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It calculates the risk per trade using two methods: Margin-Based (percentage of total Account Balance) or Equity-Based (percentage of Total Balance minus minimum balance). Displayed as a compact, customizable label on the main chart, it’s perfect for traders seeking quick, precise risk calculations.

Key Features
Two Calculation Options:

Margin-Based: Risk as a percentage (0-5%) of your total account balance.
Equity-Based: Risk as a percentage (0-50%) of (Total balance - Minimum balance).

Flexible Risk Input: Manually enter any risk percentage with 0.01% precision (e.g., 1.75%).

Customizable Display:
Repositionable table (9 positions, e.g., top-right, middle-center).
Four table sizes (XL, L, M, S) with text scaling (large, normal, small, tiny).
Adjustable cell color, text color, and transparency

Margin-Based Risk Calculation:

Set “Total Margin” (e.g., $10,000).
Enter “Risk Percentage (%)” (0 to 5%, e.g., 1.75%).

Equity-Based Risk Calculation:

Set “Total Equity” (e.g., $15,000).
Set “Minimum Balance” (e.g., $5,000).
Enter “Equity Risk Percentage (%)” (0 to 50%, e.g., 1.75%).



Display Settings:

Choose “Calculation Method” (Margin-Based or Equity-Based).
Select “Table Position” (e.g., top_right).
Select “Table Size” (XL, L, M, S; default M).
Customize “Table Cell Color”, “Table Text Color”, and “Table Cell Transparency”.

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