Position calc

Current script was created to help faster calculate possible gain or loss from a furure trade. Making money management a bit simpler, by changing values you can adjust proper trade leverage and see possible target values

Release Note

Changed shares precision, updated interface

Release Note

Added Entry price display and adjusted display layout

Release Note

emoji updated for position size field

Release Note

Added volatility indicator, giving credits to HomelessLemon for this part from his script.
Added shares input, in case you want to type specific amount of shares for your position, and adjusted calculations accordingly.

Release Note

Adjusted stop loss text based on short/long positions

Release Note

Added stop loss field and created optional section for all optional fields. Tooltip info updated as well

Release Note

- Converted label to table view, for better alignment options.
- Fixed some decimimal calculation

Release Note

- Added ATR option, changed some fields

How to use this indicator
By default 10k is hardcoded for future trade position. This field can be ignored if you want to open position based on shares or coins amount. Proper position size will be visible in the table. Same rule applied with risk percent which is set by default to 2% and it shows stop loss values for both long and short position. But if it's needed you can put custom stop loss, target values and risk will be calculated accordingly. Keep in mind what current price is used by default to calculate future trade, you can change this in 'Entry price' field.

I also added ATR indicator which can help you to decide which stop/profit values to put for current timeframe. It also has multiplier and other adjustable fields.

There is also sentiment column which can be hidded to save amount of space.
Table position and size can be changed as well.

Enjoy.

Release Note

- Changed atr logic.
- Added atr loopback period parameter to see how many times for given period atr was crossed.

Release Note

Added ATR based stop loss amount which is visible on the label

Release Note

Added posibility to hide table.
Added another type of stop label, now it's a bit smart and tries to adapt direction based on current price and to which part of the atr band it's closer.

Future plans:
Add smart target label
Adjust visual settings

Release Note

You can use position size calculator in a 2 ways, either rely on the table and you can adjust all values, either you can adjust atr band and rely on the price labels. Soon i will update the readme with more examples

Release Note

Added small visual adjustments

Release Note

now manual position reflected on the label as well

Release Note

bug fixing

Release Note

bugfixes and cleanup

Release Note

label text changes

Release Note

fixed risk reward label value

Release Note

Label size change added

Release Note

Converted to v5
Alert added if price touches atr level

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