OPEN-SOURCE SCRIPT
StopLoss Calculator ... Manual or Chart Entry, EUR or perc. Risk
Stop-Loss Calculator for manual or chart entry, EUR or % risk. Works for long & short positions on all timeframes. Entry and stop-loss lines are fully customizable. Use at your own risk.
Stop-Loss Rechner für manuellen oder Chart-Einstieg, Risiko in EUR oder %. Funktioniert für Long- & Short-Positionen in allen Timeframes. Entry- und Stop-Loss-Linien sind vollständig anpassbar. Nutzung auf eigenes Risiko.
Stop-Loss Calculator – Manual or Chart Entry, EUR or % Risk
This indicator calculates the optimal stop-loss price for trades based on the selected entry, position size, and risk tolerance. You can choose between manual entry or using the current chart price, and define risk as either a fixed amount (EUR) or a percentage of your capital. It works for both long and short positions and is compatible with all timeframes.
The script plots the entry and stop-loss levels, with colors and line styles fully customizable.
How to Use
Entry Selection: Choose between the chart’s current price or a manual entry price.
Position Size: Enter the number of units/shares/contracts you are trading.
Risk Mode: Select Absolute (EUR) or Percent (%). Enter the corresponding value.
Direction: Choose Long or Short.
Stop-Loss: The script automatically calculates and displays the stop-loss line.
Stop-Loss Rechner für manuellen oder Chart-Einstieg, Risiko in EUR oder %. Funktioniert für Long- & Short-Positionen in allen Timeframes. Entry- und Stop-Loss-Linien sind vollständig anpassbar. Nutzung auf eigenes Risiko.
Stop-Loss Calculator – Manual or Chart Entry, EUR or % Risk
This indicator calculates the optimal stop-loss price for trades based on the selected entry, position size, and risk tolerance. You can choose between manual entry or using the current chart price, and define risk as either a fixed amount (EUR) or a percentage of your capital. It works for both long and short positions and is compatible with all timeframes.
The script plots the entry and stop-loss levels, with colors and line styles fully customizable.
How to Use
Entry Selection: Choose between the chart’s current price or a manual entry price.
Position Size: Enter the number of units/shares/contracts you are trading.
Risk Mode: Select Absolute (EUR) or Percent (%). Enter the corresponding value.
Direction: Choose Long or Short.
Stop-Loss: The script automatically calculates and displays the stop-loss line.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.