OPEN-SOURCE SCRIPT
Money Management_V2 [javadmhs]
Updated
Hi every one
you can use this indicator in your trades for money and risk management.
Very easy to use. Just enter the requested information of your trade and see the amount of money you need to enter into a transaction. Also you can see your pnl%.
Risk = The amount of money that if you lose, does not matter to you. This will be a percentage of your total capital.
Balance = your total capital.
Leverage = If you trade in future, you can use this. set it 1 in spot.
Commision = The amount of exchange fee.
Usable Cap = The amount of money you should enter into a transaction, depending on your risk.
PNL% = Amount of profit and loss.
You Can use this for Short and Long.
Let me know if you see a problem.
you can use this indicator in your trades for money and risk management.
Very easy to use. Just enter the requested information of your trade and see the amount of money you need to enter into a transaction. Also you can see your pnl%.
Risk = The amount of money that if you lose, does not matter to you. This will be a percentage of your total capital.
Balance = your total capital.
Leverage = If you trade in future, you can use this. set it 1 in spot.
Commision = The amount of exchange fee.
Usable Cap = The amount of money you should enter into a transaction, depending on your risk.
PNL% = Amount of profit and loss.
You Can use this for Short and Long.
Let me know if you see a problem.
Release Notes
Added entry and exit alertsOpen-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 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.