Position Size CalculatorIt calculates the risk per trade using two methods: Margin-Based (percentage of total Account Balance) or Equity-Based (percentage of Total Balance minus minimum balance). Displayed as a compact, customizable label on the main chart, it’s perfect for traders seeking quick, precise risk calculations.
Key Features
Two Calculation Options:
Margin-Based: Risk as a percentage (0-5%) of your total account balance.
Equity-Based: Risk as a percentage (0-50%) of (Total balance - Minimum balance).
Flexible Risk Input: Manually enter any risk percentage with 0.01% precision (e.g., 1.75%).
Customizable Display:
Repositionable table (9 positions, e.g., top-right, middle-center).
Four table sizes (XL, L, M, S) with text scaling (large, normal, small, tiny).
Adjustable cell color, text color, and transparency
Margin-Based Risk Calculation:
Set “Total Margin” (e.g., $10,000).
Enter “Risk Percentage (%)” (0 to 5%, e.g., 1.75%).
Equity-Based Risk Calculation:
Set “Total Equity” (e.g., $15,000).
Set “Minimum Balance” (e.g., $5,000).
Enter “Equity Risk Percentage (%)” (0 to 50%, e.g., 1.75%).
Display Settings:
Choose “Calculation Method” (Margin-Based or Equity-Based).
Select “Table Position” (e.g., top_right).
Select “Table Size” (XL, L, M, S; default M).
Customize “Table Cell Color”, “Table Text Color”, and “Table Cell Transparency”.
SIZE
Metatrader CalculatorThe “ Metatrader Calculator ” indicator calculates the position size, risk, and potential gain of a trade, taking into account the account balance, risk percentage, entry price, stop loss price, and risk/reward ratio. It supports the XAUUSD, XAGUSD, and BTCUSD pairs, automatically calculating the position size (in lots) based on these parameters. The calculation is displayed in a table on the chart, showing the lot size, loss in dollars, and potential gain based on the defined risk.
Visual Range Position Size CalculatorVisual Range Position Size Calculator
The "VR Position Size Calculator" helps traders determine the appropriate position size based on their risk tolerance and the current market conditions. Below is a detailed description of the script, its functionality, and how to use it effectively.
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Key Features
1. Risk Calculation: The script allows users to input their desired risk in monetary terms (in the currency of the ticker). It then calculates the position sizes for both long and short trades based on this risk.
2. Dynamic High and Low Tracking: The script dynamically tracks the highest and lowest prices within the visible range of the chart, allowing for more accurate position sizing.
3. Formatted Output: The calculated values are displayed in a user-friendly table format with thousands separators for better readability.
4. Visual Indicators: Dashed lines are drawn on the chart at the high and low points of the visible range, providing a clear visual reference for traders.
5. If the risk in security price is 1% or less, the background of the cells displaying position sizes will be green for long positions and red for short positions. If the risk is between 1% and 5%, the background changes to gray, indicating that the risk may be too high for an effective trade. If the risk exceeds 5% of the price, the text also turns gray, rendering it invisible, which signifies that there is no justification for such a trade.
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Code Explanation
The script identifies the start and end times of the visible range on the chart, ensuring calculations are based only on the data currently in view. It updates and stores the highest (hh) and lowest (ll) prices within this visible range. At the end of the range, dashed lines are drawn at the high and low prices, providing a visual cue for traders.
Users can input their risk amount, which is then used to calculate potential position sizes for both long and short trades based on the current price relative to the tracked high and low. The calculated risk values and position sizes are displayed in a table on the right side of the chart, with color coding to indicate whether the calculated position size meets specific criteria.
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Usage Instructions
1. Add the Indicator: To use this script, copy and paste it into Pine Script editor, then add it to your chart.
2. Input Your Risk: Adjust the 'Risk in money' input to reflect your desired risk amount for trading.
3. Analyze Position Sizes: Observe the calculated position sizes for both long and short trades displayed in the table. Use this information to guide your trading decisions.
4. Visual Cues: Utilize the dashed lines on the chart to understand recent price extremes within your visible range.
StyleLibraryLibrary "StyleLibrary"
A small library of Pine Script functions that return built-in style variables.
method sizeStyle(size)
Takes a `string` that returns the corresponding built-in size style variable.
Namespace types: series string, simple string, input string, const string
Parameters:
size (string) : A `string` representing a built-in size style: `"Tiny"`, `"Small"`, `"Normal"`, `"Large"`,
`"Huge"`, `"Auto"`.
Returns: The respective built-in size style variable.
method sizeStyle(size)
Takes a `sizeStyle` that returns the corresponding built-in size style variable.
Namespace types: series sizeStyle
Parameters:
size (series sizeStyle) : A `sizeStyle` representing a built-in size style variable.
Returns: The respective built-in size style variable.
method lineStyle(style)
Takes a `string` that returns the corresponding built-in line style variable.
Namespace types: series string, simple string, input string, const string
Parameters:
style (string) : A `string` representing a built-in line style: `"Dashed"`, `"Dotted"`, `"Solid"`.
Returns: The respective built-in line style variable.
method lineStyle(style)
Takes a `lineStyle` that returns the corresponding built-in line style variable.
Namespace types: series lineStyle
Parameters:
style (series lineStyle) : A `lineStyle` representing a built-in line style variable.
Returns: The respective built-in line style variable.
method labelStyle(style)
Takes a `string` that returns the corresponding built-in label style variable.
Namespace types: series string, simple string, input string, const string
Parameters:
style (string) : A `string` representing a built-in label style:
`"Arrow Down"`, `"Arrow Up"`, `"Circle"`, `"Cross"`, `"Diamond"`, `"Flag"`,
`"Label Center"`, `"Label Down"`, `"Label Left"`, `"Label Lower Left"`,
`"Label Lower Right"`, `"Label Right"`, `"Label Up"`, `"Label Upper Left"`,
`"Label Upper Right"`, `"None"`, `"Square"`, `"Text Outline"`, `"Triangle Down"`,
`"Triangle Up"`, `"XCross"`.
Returns: The respective built-in label style variable.
method labelStyle(style)
Takes a `labelStyle` that returns the corresponding built-in label style variable.
Namespace types: series labelStyle
Parameters:
style (series labelStyle) : A `labelStyle` representing a built-in label style variable.
Returns: The respective built-in label style variable.
method fontStyle(font)
Takes a `string` that returns the corresponding built-in font style variable.
Namespace types: series string, simple string, input string, const string
Parameters:
font (string) : A `string` representing a built-in font style: `"Default"`, `"Monospace"`.
Returns: The respective built-in font style variable.
method positionStyle(position)
Takes a `string` that returns the corresponding built-in position style variable.
Namespace types: series string, simple string, input string, const string
Parameters:
position (string) : A `string` representing a built-in position style:
`"Bottom Center", `"Bottom Left", `"Bottom Right", `"Middle Center", `"Middle Left",
`"Middle Right", `"Top Center", `"Top Left", `"Top Right".
Returns: The respective built-in position style variable.
method displayStyle(display)
Takes a `simple string` that returns the corresponding built-in display style variable.
Namespace types: simple string, input string, const string
Parameters:
display (simple string) : A `simple string` representing a built-in display style: `"All"`, `"Data Window"`,
`"None"`, `"Pane"`, `"Price Scale"`, `"Status Line"`.
Returns: The respective built-in display style variable.
Candle Size with Moving Averages and AlertsOverview
The "Candle Size with Moving Averages and Alerts" indicator is designed to provide traders with a visual representation of the size of each candle. This is useful for identifying periods of high volatility or significant price movements. The indicator also offers moving averages of the candle sizes and customizable alert thresholds to notify traders of unusually large or small candles.
Key Features
Candle Size Plot: Displays the size of each candle on a separate panel.
Moving Averages: Optionally plot moving averages of the candle sizes with customizable lengths and colors.
Alert Thresholds: Define thresholds to get alerted when candle sizes are unusually large or small.
Customizable Colors: Choose colors for different elements of the indicator.
Alerts: Visual and background color alerts for significant candle sizes.
How to Use the Indicator
Adding the Indicator to Your Chart
Open TradingView and navigate to your chart.
Click on the "Indicators" button at the top of the chart.
Search for "Candle Size with Moving Averages and Alerts."
Click on the indicator to add it to your chart.
Customizing the Indicator
Once the indicator is added to your chart, click on the settings icon (gear icon) next to the indicator's name in the chart legend.
This will open the settings panel where you can customize various parameters of the indicator.
Settings and Parameters
Show Moving Averages
Checkbox: Enable or disable the display of moving averages on the candle size plot.
MA Length 1
Input: Set the length of the first moving average (default is 14).
MA Length 2
Input: Set the length of the second moving average (default is 28).
Alert Threshold
Input: Define the threshold for alerts as a multiple of the average candle size (default is 1.5).
MA Color 1
Color Picker: Choose the color for the first moving average (default is blue).
MA Color 2
Color Picker: Choose the color for the second moving average (default is red).
Candle Size Color
Color Picker: Choose the color for the candle size plot (default is green).
Alert Threshold Color
Color Picker: Choose the color for the alert thresholds (default is orange).
Understanding the Plots
Candle Size Plot
The main plot shows the size of each candle (high minus low) in green by default.
This helps you visualize the volatility and identify significant price movements.
Moving Averages
If enabled, two moving averages are plotted on the candle size chart to help you understand the average candle size over different periods.
MA 1 (blue by default) and MA 2 (red by default) provide a smoothed view of the candle sizes.
Alert Thresholds
The upper and lower thresholds are plotted as dashed lines (orange by default).
The upper threshold indicates an unusually large candle size, while the lower threshold indicates an unusually small candle size.
Alerts and Background Colors
When the candle size exceeds the upper threshold, an alert is triggered, and the background color changes to a semi-transparent orange.
When the candle size falls below the lower threshold, an alert is triggered, and the background color changes to a semi-transparent orange.
These visual cues help you quickly identify significant candle sizes.
Example Settings
MA Length 1: 14
MA Length 2: 28
Alert Threshold: 1.5
MA Color 1: Blue
MA Color 2: Red
Candle Size Color: Green
Alert Threshold Color: Orange
Candle size in pipsDescription
Enhance your trading strategy with precision using this script, designed to measure the range of a candle from wick to wick in pips. Whether you're implementing a specific pip requirement within a candle for your strategy, or simply seeking to better understand market dynamics, this tool provides valuable insights. The script is calculating the amount of pips between the high and the low then compares it to the minimal size you declared. If the amount of pips is more or equal to minimal size it will show the label.
Features
Alert Functionality: Opt to receive alerts by checking the checkbox (default: false).
Customizable Pip Threshold: Tailor the script to your needs by setting the minimum required pips to display on the screen (default: 12).
Different shape: circle, triangle up, triangle down, none
How to Use
Personalize your trading approach by integrating this script with your preferred strategy. For instance, in my strategy involving a 3M continuation, I leverage this tool to determine the pip count of the M15 candle before making entry decisions.
Note: Ensure you understand your strategy's requirements and adjust the script settings accordingly for optimal result s.
Feel free to reach out if you have any questions or require further assistance in maximizing the utility of this script.
Candle Tick SizeHello everyone!
I dont think it exists, I couldnt find it any way I searched, maybe it is part of a bigger indicator. This is a really basic code, all it does, it shows the tick/pip size of the candles forming. You can adjust on how many candles should it show. Also because the code counts the point size of the candles from high to low, you can adjust that how many ticks are in one point, like for ES and NQ 4 ticks to a point, which is the basic setting. It helps me with entrys when I calculate the contract size so my risk/reward stays pretty much the same depending on the candle size for my entrys.
Position and Risk Calculator (for Indices) [dR-Algo]Position and Risk Calculator : Your Ultimate Risk Management Tool for Indices
The difference between a novice and a seasoned trader often comes down to one essential element: risk management. While trading indices, the challenges are even more intense due to market volatility and leverage. The Position and Risk Calculator steps in here to bridge the gap, providing you with an efficient tool designed exclusively for indices trading.
Key Features:
User-Friendly Interface: Designed to integrate effortlessly with your TradingView chart, this tool's interface is intuitive and clutter-free.
Dynamic Price Level Adjustment: Move your Entry, Stop Loss, and Take Profit levels directly on the chart for an interactive experience.
Account Balance Input: Customize the tool to understand your unique financial situation by inputting your current account balance.
Trade Risk Customization: Define how much you're willing to risk per trade, and the tool will do the rest.
Automated Calculations: The indicator calculates the maximum monetary risk and translates it into the maximum lot size you can afford. It delivers a full-integer lot size to make your trading decisions easier.
Comprehensive Risk Evaluation: Beyond lot sizes, it provides you with the Cost-to-Reward Ratio (CRV) of your trade, the actual monetary risk according to the calculated lot size, and the potential profit.
How To Use:
Once you add the Position and Risk Calculator to your TradingView chart, a new interactive panel appears. Here’s how it works:
Set Price Levels: Using draggable lines on the chart, set your Entry Price, Stop Loss, and Take Profit levels.
Account Details: Go to settings and enter your Account Balance and your desired risk percentage per trade.
Automatic Calculations: As soon as the above details are set, the indicator goes to work. It first calculates your maximum risk in monetary terms and then translates that into the maximum lot size you can take for the trade.
Review and Trade: The indicator shows you all the vital statistics - CRV of the trade, the money at risk according to the calculated lot size, and the possible profit.
Why Choose This Tool?
Informed Decisions: Your trading decisions will be based on concrete numbers, removing guesswork.
Time-saving: No need for manual calculations or using separate tools; everything is in one place.
Focus on Trading: By automating the risk management aspect, this tool allows you to focus more on your trading strategy and market analysis.
Tailor-Made for Indices: Unlike many other tools that try to serve all markets, the Position and Risk Calculator is designed specifically for indices trading.
Remember, effective risk management is what separates successful traders from those who burn out. The Position and Risk Calculator not only helps you define your risk but also helps you understand it, empowering you to trade with confidence.
So why not give yourself the best chance of success? Add the Position and Risk Calculator to your TradingView setup and experience the difference it can make.
Lot Size Calculator - GER30 Variable Contract sizeLot size calculator is built for ger30 (dax) it has variable contract size to meet all different brokers requirements
right click and move to pane above to add to chart window, in settings you can change line colour to opaque
Position Size Calculator (EzAlgo)Upon adding the indicator to the chart, you will be prompted to place entry price lines, stop loss price line, and multiple take profit price lines by clicking at the desired price level on the chart.
Section Summaries
Table Settings: Allows users to select position and font size from drop-down menus. Displays current settings and potential profit/loss values.
Price Points: Users can set their Entry and select whether they want to include a DCA entry, Stop Loss price, Liquidation Buffer %, Take Profit levels and the amount of position to close at each level.
Risk Management: Users fill out their Account Size, set their Risk % (or fixed $ amount) for each Entry, set Manual Leverage, or allow the indicator to automatically choose the leverage based on the Stop Loss price distance from Entry and the Risk % per Entry.
User-Input Descriptions
DCA Price: The price at which users initiate their second, equally sized and leveraged position when using a Dollar-Cost Averaging (DCA) strategy. Upon reaching the DCA Price, the Entry Price adjusts to the Avg Price, calculated as the midpoint between initial and DCA entries.
Liquidation Buffer: A pre-set percentage that determines how close to the Stop Loss a position can get before it's liquidated. This assists the Auto Leverage feature in optimizing the leverage amount according to risk tolerance.
Risk per Entry: The proportion of the account, in % or a fixed dollar amount, that users are willing to risk for each trading position. If DCA is checked, this will assume users are entering with half of the total position size per entry.
Automatic Leverage: Auto Leverage automatically determines the optimal leverage level for a trade based on the user's Stop Loss price distance from the Entry point and the user-defined risk percentage per Entry. It also considers a user-defined Liquidation Buffer, which is a preset percentage determining how close to the Stop Loss a position can get before it's liquidated. This tool allows traders to optimize their leverage amount according to their risk tolerance.
Max Leverage: The highest leverage level users are willing to use, even if the exchange permits higher. This limit applies when the Auto Leverage feature is enabled.
Leverage HelperCalculate position size & leverage the easy way!
- Drag & drop entry + stop loss level
- Input account size + risk size in the settings
- Calculation plotted on table
Position Size ToolUpdated - Version 2
This tool is used to calculate the size of a trade.
Settings - Type in total account size and % of capital that can be risked on each trade.
The table will display:
Column 1 - Stop placement based on low, mid or high value of the current candle.
Column 2 - Percent risk on the trade.
Column 3 - Amount of shares that can be traded (calculated from account size, risk and selected stop placement).
Green color is intended for long position, stop at the low of the candle.
Red color is intended for short position, stop at the high of the candle.
Middle value can shift between either color since its measured from open to close.
Position Sizing CalculatorThis script calculates the position size base on the stop loss price, entry price, and the percent of equity willing to risk.
Formula:
(Asset Quantity) = (Amount Risk at Trade) / (Price Difference Between Entry Price and Stop Loss)
or
Position size = (% Equity at Risk) * (Equity) / (Entry Price - Stop Loss Price)
Position Size Calc. (Minimalist)This is a simplified position size calculator in the form of a table.
The reason I published this script is because all other position size calculator scripts try to provide way too much when it should be much simpler, position in strange areas of the chart and leave unwanted chart pollution.
This is a bare-bones functional table that takes your risk level, entry, stop and take profit as inputs, and calculates your loss, profit and required position size for your chosen risk level as a result.
Inspired by a table type position size calculator made by DojiEmoji design/color-wise. Functionally different however.
I hope you find this script useful and include it on your trading journey.
crypto Position Size CalculatorCrypto Position Size Calculator
this indicator helps you to figure out the position size your trade . and its only used for crypto
the indicator needs to fill the input section in order to give you the information table that includes position size .
The input section consists two section the first section you will give the trade info like entry , stop loss and take profit .
then the next section its about your account balance and risk per trade . then you can get your position size .
you can have also option where you can display your table like bottom right , bottom left or top right its your choice.
special thanks : Ahmed busury
special thanks : Aj group family
Position size FX and CryptoThis indicator I am using to calculate the position size to order for Forex and Crypto Future
GSI (Gap Size Indicator)The purpose of this indicator is to give a quick view of a gap size between two candles, and to detect any gap bigger than the trigger setting.
Options
Mode: Select the display mode (% or Value)
Variation Trigger: Defines the minimum gap size to give a signal, for both positive and negative sides. This option depends on the Mode setting
Show trigger lines: Enable/Disable the display of the Variation Trigger setting lines
Color signals only: When enabled, bars crossing the trigger value are still colored, but other are gray
Show signals only: When enabled, will only show bars corresponding to gaps crossing the trigger value
Notes
Basic alerts on Bullish , Bearish and All gaps are available.
Feel free to suggest any improvement.
NumberOfSharesBuyLibrary "NumberOfSharesBuy"
Library for the number of shares purchased
SizeCalc(totalAssets, unit, lossPercent, maxLossPerShere) Calculate the number of shares to be purchased from the initial capital and the maximum loss per share
Parameters:
totalAssets : Initial capital
unit : A unit of the number of shares to be traded in one trade
lossPercent : What percentage of loss is allowed in one loss cut
maxLossPerShere : Maximum loss per share
Returns: Number of shares purchased
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ライブラリ "株数に関するライブラリ"
SizeCalc(totalAssets, unit, lossPercent, maxLossPerShere) 初期資本と一株当たり最大損失から購入株数を求める
引数一覧:
totalAssets : 初期資本
unit : 一回のトレードで行う株数の単位
lossPercent : 一回の損切で何%までの損失を許容するか
maxLossPerShere : 一株当たり最大損失
戻り値: 購入株数
Pot SizeA little FREE script - which may help people set their trade size and stop levels for bitcoin trades.
NOTE :- This script conveys information that requires "indicator arguments" to be turned on.
TO USE :- To adjust to your requirements, click the cog wheel next to the indicator, and adjust "POT SIZE" (how much dollar you have), "RISK %" (the percentage of your dollar portfolio you would like to risk on this trade) and "BITCOIN AMOUNT" - until the short and long 'stop' lines are in the right place in your estimation, for a stop loss that represents the risk you want in relation to the current price for this trade.
The script takes its reference from the closing price; and doesn't include calculations for spread, fees, true range, and volatility etc. That is left open for anyone to add that if they wish. Anyone using this has to make their own adjustments for such considerations not being in this script and therefore make their own compensations.
Anyone wanting to change anything (because values don't go far enough for you) but doesn't know pinescript, can change the numbers next to "defval", "minval", "maxval", and "step" to their suiting in the script itself.
If you use this, you have to work out for yourself if it is useful for you or not. If you depend on it, you must have your own confidence that the calculations in it are acceptable and correct for your use, and you should check yourself and seek advice before trusting it. I convey no confidence in these calculations or this script, and they must be assumed to be acceptable by you if you use it.
Thanks
M
Forex Position Size CalculatorThe purpose of this position size calculator is to assist fellow traders in their position size calculations straight from tradingview without having to rely on other apps or websites.
Account balance in the 8 major currency pairs are also available as an input option (i.e. if the account balance is based in pounds, dollars, euros, it can be selected).
Right now this only works on the 28 forex cross currency pairs. At a later date, the indicator will be updated to handle exotic pairs, commodities, and gold.
Supertrend / Position SizingSuperTrend with position sizing calculator.
This is based on SuperTrend by Kivanc. I only added the position size calculation and displaying the result.
Position SizingATR based position sizing calculator that takes into account the capital, risk percentage and commissions to be paid. Color changes to green as the affordable position size significantly increases relative to recent history.
Position Size Calculator w/ profit targetsThis script helps the user visualize profit targets and calculates position size based on the input risk amount.
Input variables:
- Risk amount
- Entry price
- Stop loss amount
- Profit target amount
Calculated variables:
- Profit loss ratio
- Position size
- Postion cost
Plotted variables:
- shaded: entry price --> price target (green filled)
- shaded: entry price --> stop loss target (red filled)
- 1:1 p/l ratio --> yellow line
- 2:1, 3:1, 4:1 p/l ratios --> green lines
Overlay text can be toggled on/off in parameter input section
