Risk Management — Indicator by trader_fg

This indicator helps the trader to calculate the size of the buy or sell in relation to the accepted risk. The calculation includes the risk and the fees paid for the purchase, sale or stop.

The trader needs to enter his capital, the risk accepted in the trade and the fees charged by the broker. Inform the entry price and your stop loss.

You can change to trade on the sale and show your entry and stop loss on the chart.

The indicator will do the calculation and inform the percentage of gain or loss.

Release Notes:

Fixed the calculation of trade with rates

Protected script

This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.

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.

Want to use this script on a chart?