OPEN-SOURCE SCRIPT

Risk & Lot Calculator Panel

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FXMANS Risk & Lot Panel
Smart Risk Management Tool for TradingView
- Overview

FXMANS Risk & Lot Panel is a lightweight and professional risk management tool designed to help traders calculate position size (lot) and take-profit levels directly on the chart, without cluttering the screen.

The panel is displayed as a minimal table in the top-right corner of the chart and automatically adapts to the currently opened symbol.

This tool focuses on clarity, precision, and usability, making it suitable for scalpers, day traders, and swing traders.

- Key Features
Automatic Direction Detection

The script can automatically determine BUY or SELL direction based on:

Entry Price
Stop Loss Price

Logic:

Stop Loss below Entry → BUY
Stop Loss above Entry → SELL
Manual override is available if auto direction is disabled.

Risk-Based Lot Size Calculation

Calculates position size based on:
User-defined risk amount in USD
Distance between Entry and Stop Loss
Symbol-specific tick size and point value
Ensures consistent risk management across all markets.

Automatic Take Profit (RR Based)

Take Profit is calculated automatically using a predefined Risk / Reward (RR) ratio.

Supports both BUY and SELL scenarios.

- Symbol-Aware Calculation

Uses TradingView’s built-in symbol properties:

syminfo.mintick
syminfo.pointvalue

Works correctly on:

Forex
Indices
Metals
Crypto

- Minimal & Non-Intrusive UI

Small, fixed panel located at the top-right corner
Designed to avoid covering price action
Clean FXMANS-style color palette

- Safe Panel Size Control

Panel size can be adjusted from settings:

Small
Medium
Large

Size changes are handled without modifying layout geometry, preventing UI bugs.

- How It Works

Enter your Entry Price and Stop Loss Price
Define your Risk Amount ($)
Set your desired Risk / Reward ratio
The script automatically calculates:
Trade Direction (BUY / SELL)
Lot Size
Take Profit Level
All results are displayed instantly in the panel

- Example Use Case

Risk: $100
Entry: 1.0850
Stop Loss: 1.0800
RR: 2.0

- The panel will automatically display:

Direction: BUY
Lot Size adjusted to risk exactly $100
Take Profit at 2R

- Important Notes

Entry and Stop Loss prices must be valid (greater than zero).
The tool does not place trades automatically.
Calculations are for position sizing only and may vary slightly depending on broker specifications.

- Disclaimer

This script is intended for educational and analytical purposes only.
Trading involves risk, and users are responsible for their own trading decisions.

- Ideal For

Traders who follow strict risk management rules
Forex, crypto, and index traders
Scalpers and intraday traders
Anyone who wants clean and fast position sizing on TradingView

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.