Supertrend / Position Sizing — Indicator by ekrem6nel

volatility stop loss position size supertrend

SuperTrend with position sizing calculator.

This is based on SuperTrend by Kivanc. I only added the position size calculation and displaying the result.

Release Notes:

The SL precision is increased.

Release Notes:

Now it is possible to take wicks into account, as per requested. By default wicks will be ignored.

Release Notes:

Color of the label is based on the up or down trend now.

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.

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