Risk Reward Position Size Calculator — Indicator by TraderCreatorPro

trendanalysis calculator positionsizing positionsizecalculator

This can be used for Stocks or Options

This is a position size calculator. You must enter your Account size, Risk %, Entry, Stop, and Target. Then it will calculate your Max Position size, Risk Reward, Dollar gain and more.

It is completely customizable so you can change what you want the table to be showing.

It also can plot your entry, stop and target that you enter into the settings.

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.

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.

Want to use this script on a chart?