Position Size Calculator

ES1!

Script allows for automatic position size calculation based on an adjustable percentage of total account size. Entries and exits are determined based on a bar break basis (for longs entries will be made on the break of the previous bar's high and stops set on the previous bar's low with an adjustable "wiggle room" based on previous bar's range). This script facilitates position size calculation and calculation of the total dollar cost of initiating the position quickly for people who make entries based on breaks of prior bar highs/lows