@ Investoz Position Calculator and Risk Calculator — Indicator by Investoz

Volume

This script is a combinations of "Position Calculator" and "Risk Calculator".

How it works:
Go to settings and type in your buy price level and your stop loss level.
Type also in what percentage risk you want to take and how much capital you have.

Once you have filled in this information, you will find out how many shares you are allowed to buy and how much you are allowed to invest.
You will also see the difference between you entry level and stop loss level in percentage.

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DISCLAIMER
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.
Educate yourself on the risks associated with trading, and seek advice from an independent financial or tax advisor if you have any questions.
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Release Notes:

Updated step choices.

Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact Investoz for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Community Scripts.

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.

Author's instructions

This is a private coded script that calculates position size by taking in consideration the risk per trade and capital size.

Want to use this script on a chart?

Warning: please read before requesting access.