Position Calculator Magic Auto Long/Short (Crypto)

This tool was built by a trader, for traders. The idea comes from how we actually look at the market — whether you’re going long or short, the process should be simple and clear.

In TradingView, we have a built-in position size calculator, but I often found myself running into problems. For example, whenever I wanted to switch between long and short trades, I had to manually switch btw long / short RR PS calculator, and sometimes I even got confused with icon. On top of that, when switching btw long /short each time it personally made me so frustrated , which made the process slower to caculated the Position size | Position value for particularly for Crypto trading

That’s why I created this tool: to solve those problems and make Crypto trading smoother.

Here’s how it works:
• If you want to enter at the current market price, just drag the tool and set your stop-loss.
• It will automatically calculate your targets according to your chosen risk–reward ratio.
• For example, if you trade with 1:3, you just set it to 3, and the tool handles the rest. If you trade with 1:2, set it to 2, and it calculates accordingly.

The real magic I built into this script is the draggable function. Instead of changing tools for long and short positions, you just drag it to the opposite side: it switches automatically between buy and sell mode while keeping your risk–reward intact.

Let’s take an example. Suppose you’re entering a short position at $113,745 with a stop-loss at $115,000. The tool instantly adjusts your position size and calculates the correct risk–reward based on your settings.

Personally, I risk 1% per trade. So if my account is $1,000, that’s a $10 risk. The tool calculates the position size automatically

Switching to long is just as simple: drag your stop-loss below entry, and the tool flips into long mode.drag your stop-loss above entry, and the tool flips into short mode.

I also added a manual TP override feature. Normally, I trade 1:3 risk–reward, but sometimes I want to target a specific high or low that doesn’t fit into a fixed RR. With manual override, you just enable it, drag your take-profit where you want it, and the tool recalculates everything. For example, you might end up with a 1:5.8 setup instead of a fixed 1:3.

So whether you stick with fixed RR or want the flexibility to adjust, this tool makes the process much easier.

I hope you find it useful and that it helps you trade with more clarity and confidence.