RealTime Max Leverage

Ever wanted a script that could tell you what is the maximum reasonably safe leverage if you were to open a trade and hold it for a given number of candles? This is it!

Using rate of change based volatility and the maximum expected number of candles/periods you will hold your trade for, based on your risk profile this indicator will tell you what is the maximum reasonable leverage.
Stop losses / take profits or some other prudent exit strategy should not be avoided. The idea is effectively to prevent yourself from using leverage that is too risky for the current market conditions on whatever timeframe you are entering your trade based on.

If you have any suggestions on how to improve the indicator, please leave a comment below!

Release Notes:

- Added 'valid for:' in the live-table
- Fixed small text issues

Release Notes:

- Improved the default settings

Release Notes:

- Lowered the risk in the low-risk profile
- Added 'Sketchy' risk profile

Release Notes:

- Added 'recommended' risk profile (lowest risk while still accepting some leverage)
- Added cross-margin and isolated margin settings which affect the minimum and maximum leverage regardless of the volatility
- Changed the default settings to make the indicator a bit faster to react to market changes

Release Notes:

- Small adjustments

Release Notes:

New Features

- Improved Cross-margin mode
- Added liquidation levels
- Reorganized the settings
- Added fill color

Release Notes:

- Fixed a bug causing 'Low-ish Risk' profile to not work
- Updated the preview-chart

Release Notes:

- Clarified the settings
- Open-position max leverage text being yellow now indicates increasing risk

Release Notes:

- Added mini table option
- Changed several math variables / limits
- Cleaned Code a bit

Release Notes:

- Added symbols in the table to represent changing risk

Release Notes:

- Better color logic
- Hide new-position leverage plot by default

Release Notes:

- Fixed issue with displaying decimals