Manual Stop Loss / Risk Management Panel — Indicator by DannyBaker

educational portfoliomanagement riskmanagment

Here is a panel where you enter the desired stop-loss price, the amount you would like to risk and it spits out what you should trade to only lose that amount if the stop-loss is hit.

Release Notes:

Updated the chart

Release Notes:

Just made the layout a bit more logical

Release Notes:

Made the settings layout more logical

Release Notes:

Adjusted the visual panel

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

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