OPEN-SOURCE SCRIPT
Position Sizing Calculator
//Credit to Trader-Shah for laying the groundwork in their Position Size Tool//
I had to make the following modifications to make it relevant to my process:
1. Lowering the risk percentage per trade to be able to be <1% of portfolio risk per trade
2. Focus on LoD (low of day) and manual entries
3. Focus on $ position size, # of shares needed to purchase, and the position % size based on your portfolio
4. 3 auto-populated stops based on the manual stop loss line, where it indicates how many shares and $ need to be sold at stop 1, stop 2, and stop 3.
Example if you were to purchase a stock at $10 and have a manual stop at $5, this will tell you how much $ or shares to purchase of the stock based on your risk appetite, and then tell you exactly how much to sell at S1, S2, and S3.
Hope this is helpful.
-aTOMIC
I had to make the following modifications to make it relevant to my process:
1. Lowering the risk percentage per trade to be able to be <1% of portfolio risk per trade
2. Focus on LoD (low of day) and manual entries
3. Focus on $ position size, # of shares needed to purchase, and the position % size based on your portfolio
4. 3 auto-populated stops based on the manual stop loss line, where it indicates how many shares and $ need to be sold at stop 1, stop 2, and stop 3.
Example if you were to purchase a stock at $10 and have a manual stop at $5, this will tell you how much $ or shares to purchase of the stock based on your risk appetite, and then tell you exactly how much to sell at S1, S2, and S3.
Hope this is helpful.
-aTOMIC
Script open-source
Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.
Vous voulez utiliser ce script sur un graphique ?
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.