Risk Calculator Pro by GvdM

Risk Calculator Pro - Professional position sizing tool for CFD and CME futures traders. Automatically calculates lot size or contracts based on your risk budget and stop distance. Features auto-detection of popular instruments (Gold, Silver, Oil, Indices), multiple entry modes (current price, manual, previous candle, swing points), and visual profit targets with customizable risk:reward ratios. Displays comprehensive risk table and price level lines with smart labels showing points/ticks and position size. Perfect for disciplined risk management across any timeframe.

Release Notes

Updated risk calculation to be manual by default with entry price and stop loss price. This then calculates the lot size to use for the trade.
Auto setting still an option.

Release Notes

minor improvements

Release Notes

bug fix

Release Notes

Improvements

Release Notes

bug fix

Release Notes

added BTCUSD and bug fixes

Release Notes

Updated the script for easier manual price entries.
You can now click on the chart to set your levels instead of manual entry.
Use the settings menu to update levels.

Release Notes

Updated with CFD list with indices:
US100 / NAS100 (NQ CFD): contract size 1, point value $1
US500 / SPX500 (ES CFD): contract size 1, point value $1
US30 / DJ30 (YM CFD): contract size 1, point value $1

Release Notes

Add the major global indices to the instrument detection section.
Germany (DAX), Japan (Nikkei), UK (FTSE), France (CAC), and several others added for both CFD and futures variants.

Upgraded script to Pine V6

Release Notes

Bug Fixes to remove run time errors.

Release Notes

v1.2 — 2026-06-25

Reverse-pair detection + correct USD pip value for USD-base forex.

Added joinHit() / pairHit() helpers. Forex pairs now match in either
currency order, so reversed broker listings like USDAUD are detected as
AUD/USD (shown as "USD/AUD (reversed)"). Replaces the verbose v1.1 OR-lists.
USD pip value is now price-aware. When USD is the quote currency
(EURUSD, GBPUSD, AUDUSD) one pip = a flat $10/lot, unchanged. When USD is the
base currency the USD pip value depends on price, so pv = pipSize / price.
Verified against broker data for USDAUD: 100,000 × 0.0001 ÷ 1.43 ≈ $7.00/lot,
matching the broker's 0.07 USD pip value on a 1,000 USD position.
Behaviour change for USDJPY / USDCAD / USDCHF: these USD-base pairs now use
the price-adjusted USD pip value too (previously a fixed figure). Their
auto-calculated lot size will differ from v1.1 — this is the corrected value.
EURUSD / GBPUSD / AUDUSD (normal order) are unchanged.

Release Notes

Minor Fixs and imporvements

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.

OdegosX

Red days build green habits.

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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

OdegosX

Red days build green habits.

Also on: