Mysteriown

Position Calculator

This script calculates how much cryptos or dollars you have to bet with 4 variables : Risk Loss , Leverage, Entry and Stop Loss.

When you want to open a position, just complete the parameters and the script will tell you how much you have to bet in dollars or cryptos units, depending the way you're trading.

Note : don't foreget that you have to pay fees on exchanges whose are not included here, specially with high leverage trades.
Release Notes: Corrected calculation of the bet in cryptos.
Set 2 decimals for the bet in dollars et 3 for the one in cryptos.
Release Notes: Add some features :
  • Take Profit value
  • position areas (green/red); the length of the areas can be modified in parameters
  • ratio R/R rounded with 2 decimals in the label
  • alert to be notified when the position is closed by Stop Loss or Take Profit

Note : the position areas are not ticked by default because of the parameters are 0; first fill them and then tick the position option.
To be notified when the position is closed, just add the alert and you'll be notified when it happens.

Find my scripts useful, toss a coin ;)
BTC : 1L21iwaz4NFutu8rXwgTtg4siiiVLVmh5s
ETH : 0x7ca6a37111d578fc94e10e1d155a75a13be202aa
Release Notes: Added intermediate take profit in the R/R calculation with the possibility to indicate the price and %.
To use it, just tick the option in parameters.
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Comments

Nice work! A good addition would be 2 seperate profit targets. Many trading systems scale out and calculating R/R with pre-planned targets would be awesome.
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Mysteriown UpsideAlpha
@UpsideAlpha, Thanks for your feedback. For example, options to sell ...% of the position at TP1 and the rest at TP2 ?
Reply
Mysteriown UpsideAlpha
@UpsideAlpha, Added it ;)
Reply
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