OPEN-SOURCE SCRIPT
Position Sizer (FinPip)
Position Sizer (FinPip)
The Position Sizer (FinPip) indicator is a crucial, all-in-one risk management tool designed to calculate the precise trade size required to limit your risk to a predetermined percentage of your total account capital.
This indicator helps you consistently execute sound risk management, regardless of the instrument's volatility or the trade's price levels.
Key Features:
Calculates Position Size: Based on your configurable Account Capital, desired Risk Percentage (default 2.5%), and the price distance between your Entry and Stop-Loss levels.
Visual Trade Planning: Plots three clear levels directly on the chart for easy visualization:
Entry Price (Blue)
Stop-Loss Price (SL) (Red)
Profit Target (Lime Green, calculated using the Reward:Risk Ratio).
Custom Risk Management: Easily adjust the Risk Percentage and the Reward:Risk Ratio (default 4.0) in the indicator's settings.
Heads-Up Display (HUD): A clean, fixed table in the bottom-left corner of the chart clearly displays all calculated metrics, including your Required Position Size (in units/shares/contracts), Risk Amount, and Potential Profit.
How to Use:
Enter your Account Capital and desired Risk % in the settings panel.
Set your desired Entry Price and Stop-Loss Price.
The indicator immediately calculates and displays the exact number of units you need to trade to maintain your risk limit.
The Position Sizer (FinPip) indicator is a crucial, all-in-one risk management tool designed to calculate the precise trade size required to limit your risk to a predetermined percentage of your total account capital.
This indicator helps you consistently execute sound risk management, regardless of the instrument's volatility or the trade's price levels.
Key Features:
Calculates Position Size: Based on your configurable Account Capital, desired Risk Percentage (default 2.5%), and the price distance between your Entry and Stop-Loss levels.
Visual Trade Planning: Plots three clear levels directly on the chart for easy visualization:
Entry Price (Blue)
Stop-Loss Price (SL) (Red)
Profit Target (Lime Green, calculated using the Reward:Risk Ratio).
Custom Risk Management: Easily adjust the Risk Percentage and the Reward:Risk Ratio (default 4.0) in the indicator's settings.
Heads-Up Display (HUD): A clean, fixed table in the bottom-left corner of the chart clearly displays all calculated metrics, including your Required Position Size (in units/shares/contracts), Risk Amount, and Potential Profit.
How to Use:
Enter your Account Capital and desired Risk % in the settings panel.
Set your desired Entry Price and Stop-Loss Price.
The indicator immediately calculates and displays the exact number of units you need to trade to maintain your risk limit.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.