Trade Position Calculator
This indicator is intended for those who use manual classic trades with stop losses, take profits in their trading and determine the % risk of their deposit in each trade (without safety orders)
The indicator is a calculator for calculating a position on a trade, taking into account risk management.
How to use:
1) Enter your initial trading deposit in the settings
2) Specify the parameters of your transaction: % TP, % SL
3) Enter the risk value for the transaction in%: what part of the deposit will you lose if the transaction is closed by stop loss
4) The leverage with which you will enter the deal is indicated
5) Calculations are made in the table:
- what will be your profit in case of closing the deal on TP (in $)
- what will be your loss in case of closing the transaction on SL (in $)
- how much of your $ you need to allocate to open a position at the risks you set and the leverage used
- how much $, taking into account the leverage, will be used in the transaction