OPEN-SOURCE SCRIPT

RISK MANAGEMENT CALCULATOR V3

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๐Ÿ“Š RISK MANAGEMENT CALCULATOR โ€“ Lot Size, Profit & R:R Tool
This script is designed to help traders instantly calculate lot size, expected profit, and risk/reward ratio based on their trade plan.

โœ… Features:
Input your Risk Amount ($), Entry, Stop Loss, and up to 3 Take Profits

Calculates:

โœ… Lot Size based on risk

โœ… Split profits per TP level (equally weighted)

โœ… Total Profit & Risk/Reward (R:R)

Displays everything in a clean bottom-right table

Optimized for both:

๐Ÿ–ฅ๏ธ Desktop mode (larger layout)

๐Ÿ“ฑ Mobile mode (toggle compact view)

๐Ÿ’ก How to Use:
Enter your planned Entry, Stop Loss, and Risk Amount

Set any TP1, TP2, or TP3 prices (set TP to 0 if not used)

The system will auto-compute your ideal lot size and show estimated profits

๐Ÿ”ง Parameters:
Risk Amount ($) โ€“ how much youโ€™re willing to lose

Entry Price โ€“ your trade entry

Stop Loss Price โ€“ your SL level

Take Profit 1/2/3 โ€“ optional TP targets

Pip Value โ€“ profit/loss per point for 1 standard lot

๐Ÿ“ฑ Mobile Mode โ€“ compact the table for small screens

๐Ÿ” Notes:
No trades are executed โ€“ this is a risk planning tool only

Designed for all markets (forex, gold, indices, crypto)

TP profits are equally split (e.g. 2 TP = 50% / 50%)

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.