OPEN-SOURCE SCRIPT
Smart Position Calculator: Risk, Margin & Ticks
Are you tired of manually calculating position sizes or using clumsy external calculators? This minimalist indicator solves the problem directly on your chart.
It tells you exactly how much to buy/sell to risk a specific dollar amount (e.g., $50), considering your leverage and commissions.
Key Benefits:
It tells you exactly how much to buy/sell to risk a specific dollar amount (e.g., $50), considering your leverage and commissions.
Key Benefits:
- Protect your deposit: Standardize your risk per trade.
- Plan better: See your Risk/Reward ratio and Commission costs instantly.
- Trade comfortably: The UI adapts to your screen (Dark/Light modes + Font Size control).
- Scalp precisely: See distance in Ticks.
- Add to Favorites.
- Select Entry, Stop, and Take Profit points on the chart.
- Read the table.
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.
Trading facts, not expectations.
Follow our full analysis & track record on Telegram:
t.me/the_traders_house
Support the analysis:
ko-fi.com/thetradershouse
Not financial advice. High risk. DYOR.
Follow our full analysis & track record on Telegram:
t.me/the_traders_house
Support the analysis:
ko-fi.com/thetradershouse
Not financial advice. High risk. DYOR.
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.
Trading facts, not expectations.
Follow our full analysis & track record on Telegram:
t.me/the_traders_house
Support the analysis:
ko-fi.com/thetradershouse
Not financial advice. High risk. DYOR.
Follow our full analysis & track record on Telegram:
t.me/the_traders_house
Support the analysis:
ko-fi.com/thetradershouse
Not financial advice. High risk. DYOR.
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.