INVITE-ONLY SCRIPT
Auxiliary Equity Configurator (AXE)
Updated
Auxiliary Equity Configurator (AXE) is a whole new level money management auxiliary that calculates statistically preferable lot based on the Account balance, Winning rate, Risk reward ratio, and Kelly multiplier configured a priori in the input panel.
On the chart, RR visualization bands, Expected balance history matrix in the worst successive trading loss (for displaying how many times you can trade with a given lot at simple/compound interest), and Info-table for the calculation details are shown.
Regarding RR visualization bands, whenever the Tolerable drawback input changes, the proper lot is calculated based on the given data. You can easily access how many lots you should possess and the take-profit/stop-loss price to set. A tolerable drawback can be placed in the quoted currency rate of the displayed chart, except the forex and part of CFD symbols (Gold, Silver, Platinum, WTI oil, Brent oil, Natural gas, and more in the future!) that is valued in Pips. Parameters are configurable in suit with the broker you are using. Also, RR visualization bands are brilliantly interactive, thanks to pine v5 interactive scripts.
The currency for Account balance and Tolerable drawback is automatically converted to USD for internal calculation; therefore, no mess-ups around thinking currency value conversion whatsoever! The design for each tool is highly customizable, too.
Unleash yourself from consuming the colossal amount of time thinking of money management with AXE!
On the chart, RR visualization bands, Expected balance history matrix in the worst successive trading loss (for displaying how many times you can trade with a given lot at simple/compound interest), and Info-table for the calculation details are shown.
Regarding RR visualization bands, whenever the Tolerable drawback input changes, the proper lot is calculated based on the given data. You can easily access how many lots you should possess and the take-profit/stop-loss price to set. A tolerable drawback can be placed in the quoted currency rate of the displayed chart, except the forex and part of CFD symbols (Gold, Silver, Platinum, WTI oil, Brent oil, Natural gas, and more in the future!) that is valued in Pips. Parameters are configurable in suit with the broker you are using. Also, RR visualization bands are brilliantly interactive, thanks to pine v5 interactive scripts.
The currency for Account balance and Tolerable drawback is automatically converted to USD for internal calculation; therefore, no mess-ups around thinking currency value conversion whatsoever! The design for each tool is highly customizable, too.
Unleash yourself from consuming the colossal amount of time thinking of money management with AXE!
Release Notes
Added Ask/Bid Spread function to show spreads based on the input value.Added Specific Symbol/Type input to switch indicator's visibility based on the chosen symbol/type.
Release Notes
UI/UX update: Added tooltips for better user experienceRelease Notes
UI/UX update: Added parameters to show/hide ask/bid label ...and more!Release Notes
UI/UX Update: added confirm input and more! Release Notes
UI/UX update for default value settingsRelease Notes
Bug Fix Update: omitted external import functionRelease Notes
UI/UX Update: added p/l text color input. String input for AssetCurrency, OnlyInSpecificAsset, OnlyInSpecificSymbol is now automatically converted into upper_case. Bug Fixes.
Release Notes
Debugs: removed line duplications when candles are updatedRelease Notes
Bug Fix Update: fixed the bug that does not show infoTable and assetTable in particular resolutionRelease Notes
Bug Fix Update: minor bugfixes.Release Notes
Bug Fix Update: occurrence of Table cell duplication is now fixedRelease Notes
Bug Fix Update: Seamless Visibility are now fully supported.Release Notes
Big Fix Update: request error at USDUSD is resolvedRelease Notes
AXE Update: Input for Leverage has been added. Now you can see whether the margin required (calculated by lot and leverage) is within your account balance!Release Notes
v2.0.0 AXE UpdateNow Everything is Interactive!
Ruin rate was newly supported.
Release Notes
AXE Update: added version infoRelease Notes
AXE v2.1.1 releasedUI/UX, Bug Fix Update
Release Notes
Supported the English languageRelease Notes
Added membership website info in the description.
Invite-only script
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact rebasega for more information, or follow the author's instructions below.
Please note that this is a private, invite-only script that was not analyzed by script moderators. Its compliance to House Rules is undetermined. TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.
Author's instructions
″Subscribe to the membership to get the full suite of indicators and trading tools developed by edjj at: https://edjj.gumroad.com/l/insights
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.