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ATR + Position Sizing

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This is an equalized risk calculation for easy position sizing when trading multiple instruments at the open.

The formula is simple:
Position Size = $ Risk / X-period ATR
Notes de version
This is an equalized risk calculation for easy position sizing when trading multiple instruments at the open.

The formula is simple:
Position Size = $ Risk / X-period ATR

It will also track the largest recorded ATR value and corresponding share size for references.
The first 5 minutes are intentionally ignored in this calculation, as opening volatility can often be a mis-representation of true 1min ATR.

User Specified Parameters:
  • $ Risk: desired risk per trade
  • ATR Lookback Period


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