OPEN-SOURCE SCRIPT
Trading system Enhanced Calculator
The Enhanced Calculator & Trend Analysis Suite is a comprehensive all-in-one professional trading toolkit designed for Pine Script v6. This script integrates risk management, trend validation, and fundamental context into a single, highly customizable overlay, eliminating the need for multiple indicators.
Key Components1. Professional Position Sizing & Risk ManagementThe core of the system is a dynamic calculator that follows professional risk management principles. Automatic Quantity Calculation: Enter your account value and Risk Per Trade (RPT%) to receive the exact quantity of shares to buy. Chandelier Trailing Stop: Features a built-in Chandelier Exit that automatically calculates your stop loss based on ATR volatility, with a manual override option for fixed-percentage stops. Real-Time Risk Metrics: The compact table displays your total investment value, actual risk in currency, and the risk as a total percentage of your account
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.