Ultra Position Calculator v1

Ultra Position Calculator is a professional-grade, interactive risk management tool designed for speed and precision.

Stop calculating position sizes manually or guessing your leverage. This tool allows you to define your trade setup directly on the chart by simply clicking, and it instantly calculates the exact position size needed to adhere to your fixed risk.

Key Features

1. Interactive Click-to-Trade
* No need to type numbers manually.
* Simply click 3 times on the chart to set your levels: Entry, Stop Loss, and Take Profit.

2. Auto Position Sizing
* Input your fixed risk amount (e.g., $100).
* The indicator automatically calculates the required Position Size (USDT) to ensure you never lose more than your set risk.

3. Pro Dashboard
* High-Contrast UI: Designed with a solid dark gray background and high-contrast text for maximum readability.
* Profit Preview: Instantly see your potential profit (in USDT) if your TP is hit.
* Risk/Reward Ratio: Automatically calculates and displays the R:R ratio of your setup.

4. Visual Clarity
* Plots clear Entry (White), Stop Loss (Red), and Take Profit (Green) lines on the chart for visual confirmation.

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How to Use

1. Add to Chart: Add the indicator to your chart.
2. Set Levels: The cursor will turn into a crosshair. Click on the chart in this order:
* 1st Click: Entry Price
* 2nd Click: Stop Loss Price
* 3rd Click: Take Profit Price
3. Check Dashboard: Look at the bottom-right panel to see your calculated Open Size .
4. Adjust Risk: Open settings to change your "Risk per Trade" (default is $100).

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Why use this?
Professional trading is about risk management. This tool removes the friction of calculating lot sizes, allowing you to focus on price action and execution speed.

Created for the Phoenix Capital community.