UberTradingSystems

Forex Risk Buddy: Position Size, SL & TP System [UTS]

Forex Risk Buddy
Position Size, Stop Loss & Take Profit System

The ultimate system to calculate trading risk on forex markets.
  • πŸ’΅ Forex

Position Sizing
De-risk possible drawdown by calculating a proper position size.
  • Define your risk percent based on your net value
  • Freely define your account currency
  • Trade any asset by the customizable Base / Quote currency factor
  • Calculate trading fees
  • Show all information on a customizable data screen

Stop Loss
Minimize trade risk by calculating your stop-loss.
  • Percent, Value and Delta display from current price
  • ATR based ( Average True Range , modifiable)
  • Custom SL value possible
  • Adjustable
  • Two visual representations on chart
  • Automatically and real-time calculated on screen

Take Profit
Multiple take-profit levels to ensure not giving back to the market.
  • Up to 3 take profit levels to define
  • ATR based ( Average True Range , modifiable)
  • Custom TP values possible
  • Easily customizable
  • Two visual representations on chart
  • Automatically and real-time calculated on screen

Currencies
Choose an account currency and calculate your risk for every trading pair.
  • USD
  • EUR
  • GBP
  • AUD
  • CAD
  • CHF
  • HKD
  • JPY
  • NOK
  • NZD
  • RUB
  • SEK
  • SGD
  • TRY
  • ZAR
  • BTC (crypto)
  • ETH (crypto)
  • USDT (crypto)
  • BUSD (crypto)
  • USDC (crypto)
Release Notes:
Changelog:
* Drawing of price line when choosing high, low, open, hl2, hlc3 and ohlc4
* Fixing bug in fee calculation
* Fixing bug in CUSTOM_VALUE price calculation & drawing

Visit http://ubertradingsystems.com or send a direct message for information about indicator access.
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 UberTradingSystems 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

Visit http://ubertradingsystems.com or send a direct message for information about indicator access.

Want to use this script on a chart?

Warning: please read before requesting access.