OPEN-SOURCE SCRIPT

Position Size Calculator

Updated
Position Size Calculator

To calculate stop loss in pips, you can use my other indicator ATR pips
ATR Pips

Release Notes
1. add option for atr smoothing
2. add vertical / horizontal panel offset
3. add option to show tp/sl level on chart
4. add evz
atrpipsAverage True Range (ATR)positionsizepositionsizing

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 publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?

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