Position Sizing

Hello All,

This script can be used for Position Sizing.

After you entered Capital you have, how much you can Risk per Trade, Profit and Stoploss Levels, it calculates Number of Buys/Sells, Position Size and Reward/Risk ratio. you need to choose one of "Long" or "Short" position you will take.


Number of Buys formula = Capital * RiskPerTrade / Loss

Position Size = NumberOfBuys * EntryPrice

Reward / Risk rate = (TargetPrice - EntryPrice) / (EntryPrice - StoplossPrice)



Enjoy!

Phát hành các Ghi chú:

fixed

Phát hành các Ghi chú:

Added "Use Decimal" option for the securities which you can buy less than 1 of it, such btc, eth etc. so if you need decimals, enable "Use Decimal"

Phát hành các Ghi chú:

fixed: even if the risk per trade is higher than enough, Position Size should not be higher than the Capital.