b]HISTORY AND CREDITS ––––––––––––––––––––––––––––––––––––––––––––––––––––––– "Perhaps the greatest secret to top trading and investing success is appropriate money management or what we now call POSITION SIZING" - Dr. Van Tharp, Definite Guide to Position Sizing (Market Wizard Book #1) For those of you who have studied position sizing you know the power it can...
This script is intended to be used as a risk management calculator. It will calculate the best leverage to use based on the maximum percentage of loss you are willing to incur on your trading portfolio. Also calculates the order value and order qty based on your inputs. Please note this calculator does not take into account any trading fees imposed by the exchange...
This can be used for Stocks or Options This is a position size calculator. You must enter your Account size, Risk %, Entry, Stop, and Target. Then it will calculate your Max Position size, Risk Reward, Dollar gain and more. It is completely customizable so you can change what you want the table to be showing. It also can plot your entry, stop and target that...
Position size calculator! Lotsize is calculated by using properties described below. Properties: - Show position size: Will only be visible on 5m - 15m - 60m chart - Account Currency: - Account Size: Between 0 and 10 000 000 units of currency - Risk: Between 0 and 100% - Stoploss: Between 0 and 200 pips - Textcolor - Contract sizes for different assets: -...
This script allows you to calculate returns on double butterfly options, specifically for 0 DTE and 1 DTE(days to expiration) for options that have expiration on Monday, Tuesday and Friday(Mostly SPY). The script is bi-directional, meaning it will calculate the returns on a put and call butterfly simultaneously, not just a put or just a call butterfly. The script...
Visualise your possible 1R to 6R prices, based on your Risk($), entry and stoploss price, and see the distance until the goal is fulfilled. It also provides you with a suggested amount of stocks to buy, so if you lose, it will match -1R.
Japanese below / 日本語説明は下記 With this indicator, you can calculate profit and loss amount based on pips. The original indicator is developed by ashkanpower and I have modified enabling to select account currency and font color. Account currency can be selected from USD, JPY, EUR, GBP, AUD and THB. Profit/loss amount can be calculated with the selected account...
This simple tool helps you manage your risk by calculating the exact price for pips. it only works for forex pairs.
A calculator for assessing and calculating risk. In the settings, you enter the following data: The size of your deposit (USD). Trading leverage with an indication of the type of margin (cross or isolated). Direction of the transaction (LONG or SHORT). Input price (USD). Lot size - select percentages, contracts or USD. Take size - select the percentage...
■Purpose of this script Back-calculate the stock price limit based on the RSI formula ■Logic overview This time, RSI calculation formula by Cutler is adopted. In this formula, RSI is calculated from the ratio of the sum of price movements and the sum of price increases during a fixed period. This script back-calculates future stock prices from past stock price...
Calculate Position Sizing based on user input : 1. Capital 2. Entry Price 3. Stop Loss 4. Risk % 5. Risk Reward Ratio. Advisable to set RRR minimum 1.5 Indi will : 1. Plot Entry, Take Profit and Stop Loss Line 2. Calculate Position Sizing in RM and Total Unit and Lot 3. Gross Profit ( not including Brokerage Fees )
A clean Trade Calculator for any Asset, which calculates everything you need to know. This script is a modified version of the Position Calculator by Mysteriown. Link: I try to make it a bit better for Futures Trading.
Hi, Artharjan Profit and Loss Calculator allows users to calculate Profit and Loss of their trades and see it on the chart itself Users are supposed to select either Long or Short, Enter quantity and enter traded price. The live P&L will be plotted on the chart. Happy trading :-) Rahul
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
Position Calculator This is how the position calculator works: To use “Position Calculator” it is required that you know how much capital you want to risk (R). In other words, your R is the total amount you are willing to risk. You also need to know at what price you intend to buy the shares and where you had intended to put your stop loss. Once you have filled...
By providing Entry Price (EP), Cut Loss level (CL), Take Profit Level(TP) and Risk (Amount of money willing to lose), this calculator will automatically suggest the capital you should allocate according to risk and amount of unit.