Ziloan

Risk assistant - A simple risk caluclator

Using my calculator every time seemed slow and unnecessary when it can be automated as well.
Fill in General settings, then measure from Entry to SL to display position size as a label.
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.

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