How to use:
Use the cursor to select the time, entry, stop loss, and target position. Then a window will pop up and type the trading fee or any other things you want to adjust to calculate the actual reward/risk ratio according to the price you selected.
Settings of this script can't be saved as default might due to the interactive price selection...
That indicator helps us to determine the stop loss levels or prices in terms of atr levels. It includes 4 (four) options which are 1-Don't Risk, 2-Low Risk, 3-High Risk, 4-Risk Lover their exploding rates are 1-2.4% , 2-3.9% , 3-6.7% , 4-16.7% in sort. It helps us to produce new methods to decreace our risk/reward ratio. It is ATR Trailing StopLoss indicator. The...
Good money management is one of the fundamental pillars of successful trading. With this indicator, we propose a simple way to manage trading positions. This tool shows Profit & Loss (P&L), suggests position size given a certain risk, sets stop losses and take profit levels using fixed price value/percentage/ATR/Range, and can also determine entries from crosses...
This is an intuitive risk management tool with a minimalist design.
This calculator will determine your position size per trade, profit, loss, risk/reward ratio and leverage if any.
It will calculate your leverage if you are trading financial instruments e.g. Mini Futures , Turbo Warrants etc. that have a financing level.
Tip: Use this as a complement to the...
This is a script to make calculating position size easier. It calculates position size as a percentage of account balance and Risk/Reward based on input values of entry, exit, stoploss and shows the R/R box similar to tradingview's R/R tool. There is an option to toggle showing label and choosing of label text color.
Have to enter the following inputs in order...
The Omega Ratio is a risk-return performance measure of an investment asset, portfolio, or strategy. It is defined as the probability-weighted ratio, of gains versus losses for some threshold return target . The ratio is an alternative for the widely used Sharpe ratio and is based on information the Sharpe ratio discards.
As we have mentioned...
- Estimates the risk of BTC price versus the USD
- To be used on the daily timeframe
- Works best on a BTC pair that has a lot of bars, e.g. The Bitcoin All Time History Index
- 0 is the lowest risk, 1 is the highest risk
- Historically, buying when the risk was low and selling when the risk was high would have yielded good ROI
- The risk bands are 0.1 in width...
This script allows you to calculate position size, and future profit, loses.
- You can add 3 target values and 1 stop loss
- Optionally you can display table, position it as you like, and see risk ratio
- add profit loss to the labels
The Auto Position Sizing Risk Reward indicator shows different Risk levels 1, 1.5, 2 and 3 based on your risk amount and uses an auto Stoploss level based on the ATR.
You can set the values for the "Note or Title", "Risk Amount", "Entry", "Target Price", "Stop Loss Distance", "Default Risk/Reward" and ATR settings.
The "auto" part comes into play when you...
Hello ladies (if any in my followers ?) and gentlemen
Here's your indicator of the day and once again given for FREE. What I'm going to say to my landlord if I can't pay rent because I'm not asking for $$ ?
I'll probably send the next indicators from below the town brige. Even then... I will still comply with my challenge to share 1 original indicator a day and...
this indicator has been designed to make your calculations easier and faster.
you can use this indicator to set tp and sl prices based on your entry price, balance,risk and leverage.
it has been designed only for cryptocurrency market and it is not recommended to use it in other markets!
1- enter your balance in the setting of the indicator.
2- enter risk...
This is a proof of concept and a cool pinescript utility
It displays a risk to reward division as a fractional value.
This will be displayed as 1/2 as we can earn 2 units for a potential loss of 1 unit
(600/300 = 2) for those wondering the NASA level mathematics behind :)
Current script was created to help faster calculate possible gain or loss from a furure trade. Making money management a bit simpler, by changing values you can adjust proper trade leverage and see possible target values
This script is designed to display three stop loss areas to assist either with automation of risk management or identify and alert when price is in a range of a trade for risk to reward ratio.
In this version there are three stop losses and 1 PT. Mainly because i will most likely only be using 1 of the SL to pair with the PT.
Stoploss areas are displayed on both...
Programmed this tool to help prevent overtrading.
Example of application:
Suppose you want to trade ETHUSDT on a 1 minute chart and you are only willing to risk $10 in one single trade. This way, if you get stopped out, then you will only lose $10. Say you are using ATR based stop loss at 2x current ATR to set the initial stop. All these variables are now...
This indicator calculates Stop-loss and Take-profit limits and plots them on the chart based on the daily ATR value for a given instrument.
The Stop-loss is calculated at the current close price minus 1x ATR and is plotted as a red line by default.
The Take-profit is calculated at the current close price plus 1.5x ATR and is plotted as a green line by...
This is a simple script to aid with determining position size.
Inputs are the intended entry price, desired risk (expressed as % of account at risk), account value, and leverage factor.
To use the script;
1. Identify and update the entry price (yellow line on the chart)
2. Update with desired risk
3. Update with account size
4. Adjust the leverage value until...
Created indicator to help investors by providing fundamental, technical and Risk Management information on screen for better decision making
you can see
- Patrioski Score
- Altman Z-Score
- Position Size
- Stop Loss