Future Risk Calculator

1 thg 8, 2022

Created out of revenge against the difficulty of controlling psychology, greed, and risk management. Designed for cryptocurrency futures trading by following the risk management principles from Kevin Sailly. Very welcome if there are suggestions and input to improve the quality of this "indicator". Please use wisely.

How to use:
1. Open indicator settings.
2. Fill out all the forms. (Note: I make Max Loss Risk only has 5 options. Because, you know, to control the greed. You can choose by considering your risk profiles and market condition)
3. All of the information and calculation will appear on the label (right side of the bar chart) and top-right box.
4. You can adjust the three prices (target, entry, and stop) by clicking any part of the indicator. There will be three dots in the middle of the chart window (align with three prices). Click that dots and drag them up/down to customize according to your wishes. The price order must be correct, for LONG direction the price order from the top is target-entry-stop. Vice versa for SHORT direction. There will be "SETUP ERROR" text in the top-right box if the price order is not correct.

"Never, ever argue with your trading system." (by Michael Covel)

Regards,
Ircham

1 thg 8, 2022

Phát hành các Ghi chú

Minor update

1 thg 8, 2022

Phát hành các Ghi chú

Minor update

30 thg 6, 2023

Phát hành các Ghi chú

Update some text in the box

30 thg 6, 2023

Phát hành các Ghi chú

Update setup error warning text

30 thg 6, 2023

Phát hành các Ghi chú

Add max loss risk option.
and this indicator is used by Kevin Sailly himself :)))
achievement unlocked

29 thg 1

Phát hành các Ghi chú

Modify user input so the user will directly select the entry price, TP price and SL price on the chart when the indicator is added to the chart for the first time