OPEN-SOURCE SCRIPT
[ElThibZ] - Futures Lot Size Calculator
I’m sharing a simple script to calculate position size for futures.
You only need to enter:
The script will automatically calculate the correct position size (number of contracts) and display it in the table.
This tool is designed to avoid sizing mistakes, especially on futures where contract multipliers and tick values can easily lead to incorrect risk calculations.
I hope it will be as useful to you as it has been for me.
You only need to enter:
- the risk in USD you’re willing to take
- the stop-loss distance in ticks
The script will automatically calculate the correct position size (number of contracts) and display it in the table.
This tool is designed to avoid sizing mistakes, especially on futures where contract multipliers and tick values can easily lead to incorrect risk calculations.
I hope it will be as useful to you as it has been for me.
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.