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Position Size 📐 DT/ST (Today's Open)

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💡 Purpose:
This indicator automatically calculates intraday (DT) and swing trading (ST) position sizes based on your account capital, risk per trade, and stop-loss percentage, using today’s daily open price as the entry price reference.

⚙️ Main Functionalities:

Dynamic Position Sizing

Calculates Full size position based on the maximum risk you allow per trade.

Breaks it down into ¼ Size, ⅓ Size, and ½ Size positions for flexible scaling.

Two Distinct Trading Styles:

DT (Day Trading) – Uses your specified intraday stop-loss % (default: 2%).

ST (Swing Trading) – Uses your specified swing stop-loss % (default: 10%).

Lot Size Rounding

Automatically rounds quantities to a chosen lot size (e.g., 1 for cash equity or futures lot size for derivatives).

Customizable Table Position

Display the table anywhere on your chart: Top Right, Top Left, Bottom Right, or Bottom Left.

Optimized for Dark or Light Themes

Yellow header with black text for visibility.

Blue row labels for strategy type.

Grey background with white text for calculated values.

Live Market Adaptation

All values update in real-time as today’s daily open price changes (on new daily candles).

Works for any symbol, asset class, or time frame.

🧮 Formula:
Position Size (Full) = Max Risk ₹ / (Price × StopLoss%)
¼, ⅓, and ½ Sizes = Scaled from Full size

📌 Ideal For:

Traders who want quick, ready-to-use position sizes right on their chart.

Those who follow fixed risk-per-trade and need fast decision-making without manual calculations.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.