OPEN-SOURCE SCRIPT
Position Sizing Calculator
This is the Position Sizing Calculator indicator.
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It's calculated by using the capital and risk that you can take per trade divided by the difference price between the current price and lowest close bar in 12 days.
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The output is the number of coins that you should buy.
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You should turn on this indicator only when the buy signal of another indicator is triggered.
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It's calculated by using the capital and risk that you can take per trade divided by the difference price between the current price and lowest close bar in 12 days.
.
The output is the number of coins that you should buy.
.
You should turn on this indicator only when the buy signal of another indicator is triggered.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.