tmr0

Risk Volume Calculator

Bid volume calculation from average volatility

On label (top to bot):
Percents - averaged by moving in timeframe resolution
Cash - selected risk volume in usdt
Lots - bid volume in lots wich moving in Percents with used leverage is Cash

U can switch on channels to visualise volatility*2 channel or stakan settings
Release Notes: Position volume calculation based on the average instrument volatility and the amount of risk in base currency

On label (top to bot):
Percents (0.6%) - average moving in selected resolution
Cash ($10) - risk volume in base currency
Lots (2.77l) - the volume of the bet with a 0.6% move will create a profit or loss of 10

U can switch on channels to visualise volatility*2 channel or stakan settings
Release Notes: Position volume calculation based on the average instrument volatility as amount of risk in base currency

On label (top to bot):
Percents (1.7%) - average moving in selected resolution (60)
Cash ($10) - risk amount in base currency
Lots (19.613l) - the volume of bet wich 1.7% moving create a profit or loss of $10

U can switch on channels to visualise volatility*2 channel
Release Notes: Added smart lots volume rounder
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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