OPEN-SOURCE SCRIPT
Risk Manager [SkaleHub]
Overview
The ultimate capital preservation tool. This indicator calculates mathematically secure stop-loss placements based on real-time market volatility (ATR) and features a dynamic dashboard that tells you the exact position size to take to protect your account.
The Edge
Amateurs blow accounts by guessing their lot sizes and placing arbitrary stop-losses. This tool professionalizes your risk. By adjusting your position size relative to the asset's current volatility, it ensures that whether you are trading a quiet forex pair or a volatile crypto asset, your monetary risk remains an exact, controlled percentage of your capital.
Key Features:
Volatility-Based Stops: Automatically calculates stop-loss levels using the Average True Range (ATR), ensuring your stop is safely tucked behind the market's natural "noise" to prevent early liquidations.
Auto-Position Sizing: Input your account balance and risk tolerance (e.g., 1%), and the built-in dashboard instantly outputs the exact number of shares or units you should buy.
On-Chart Visual Guardrails: Optionally plots dynamic crosshair lines on the chart so you can visually see exactly where your mathematically optimized stop-loss should be placed before entering a trade.
How to Use
Apply the indicator and open the settings menu. Enter your total account balance and your strict risk percentage (1-2% is highly recommended).
When your Level 3 Momentum Trigger fires an entry signal, look at the Risk Manager dashboard in the corner of your screen.
Execute the trade using the exact "Position Size (Units)" displayed on the dashboard, and immediately set your hard stop-loss at the "Stop Distance" mapped out on the chart.
Author's Note
This is a premium, Invite-Only script. It is Level 4 of the SkaleHub Training System. To gain access, your TradingView username must be explicitly authorized through the SkaleHub Academy.
The ultimate capital preservation tool. This indicator calculates mathematically secure stop-loss placements based on real-time market volatility (ATR) and features a dynamic dashboard that tells you the exact position size to take to protect your account.
The Edge
Amateurs blow accounts by guessing their lot sizes and placing arbitrary stop-losses. This tool professionalizes your risk. By adjusting your position size relative to the asset's current volatility, it ensures that whether you are trading a quiet forex pair or a volatile crypto asset, your monetary risk remains an exact, controlled percentage of your capital.
Key Features:
Volatility-Based Stops: Automatically calculates stop-loss levels using the Average True Range (ATR), ensuring your stop is safely tucked behind the market's natural "noise" to prevent early liquidations.
Auto-Position Sizing: Input your account balance and risk tolerance (e.g., 1%), and the built-in dashboard instantly outputs the exact number of shares or units you should buy.
On-Chart Visual Guardrails: Optionally plots dynamic crosshair lines on the chart so you can visually see exactly where your mathematically optimized stop-loss should be placed before entering a trade.
How to Use
Apply the indicator and open the settings menu. Enter your total account balance and your strict risk percentage (1-2% is highly recommended).
When your Level 3 Momentum Trigger fires an entry signal, look at the Risk Manager dashboard in the corner of your screen.
Execute the trade using the exact "Position Size (Units)" displayed on the dashboard, and immediately set your hard stop-loss at the "Stop Distance" mapped out on the chart.
Author's Note
This is a premium, Invite-Only script. It is Level 4 of the SkaleHub Training System. To gain access, your TradingView username must be explicitly authorized through the SkaleHub Academy.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
Beau Green
Founder of SkaleHub
Founder of SkaleHub
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
Beau Green
Founder of SkaleHub
Founder of SkaleHub
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.