The Crodl Size Position Calculator is a powerful and intuitive tool designed for traders to calculate their position size, risk, and reward before entering a trade. This indicator simplifies trade planning by providing clear calculations of key metrics such as risk-to-reward ratio, position size, expected profit, and current PnL (Profit and Loss).
Features:
Dynamic Input Fields: Customize your trade parameters, including risk loss, leverage, entry price, stop loss, and take profit. Position Size Calculation: Automatically calculate the number of units to trade based on your risk tolerance and leverage. Risk/Reward Ratio: See the ratio of potential profit to risk for informed decision-making. Real-Time PnL Tracking: Monitor your current profit or loss directly on the chart. Expected Profit Projection: Displays the profit potential based on your risk-to-reward ratio. Position Plotting: Visualize your entry, stop loss, and take profit levels directly on the chart with color-coded lines and zones. User-Friendly Table: A detailed table provides clear visibility of all trade metrics, including: Risk Loss Leverage Entry Price Stop Loss Take Profit Risk/Reward Ratio Bet Amount Crypto Units Real-Time PnL Expected Profit How It Works:
Set Your Parameters: Input your desired risk loss, leverage, entry price, stop loss, and take profit levels in the settings. Get Instant Results: The indicator calculates position size, PnL, expected profit, and other key metrics. Visualize on the Chart: See your entry, stop loss, and take profit levels plotted on the chart for clarity. Review the Trade Table: A table at the bottom-right of the screen summarizes all calculations and updates dynamically as the market price changes. Who is it for? This indicator is ideal for traders of all experience levels, whether you're a beginner learning risk management or a professional looking for efficient trade planning tools.
Customization Options:
Adjust the size of the plotted position zones. Enable or disable zone plotting for a cleaner chart. Tailor inputs to match your trading strategy. Note: Always use proper risk management and ensure your trading parameters align with your personal trading goals and strategy. Use at Own Risk
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