RISK MANAGEMENT TOOL
This on-chart Trade Size Calculator auto-adjusts your position size based on your risk per trade, trading style, and real-time market volatility.
Position sizing is more than just a number—it’s your defense against overexposure. With this Chart-Based Trade Size Calculator, you get a real-time recommended trade size printed directly on your chart, tailored to your risk tolerance and trading style.
Just choose your risk amount and trading type—Intraday, Short-Term, or Long-Term—and the indicator will:
✅ Monitor real-time market volatility
✅ Adjust your trade size accordingly
✅ Visually display your recommended size—no guesswork, no spreadsheets
Whether you’re scalping intraday or building long-term positions, this tool brings instant clarity to your position sizing decisions.
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📊 Risk-Aware Trade Sizing
Enter your RiskPerTrade value (e.g., $100), and the script auto-calculates your optimal trade size using current average price range.
⏱️ Tailored to Your Trading Style
Choose from 3 trade types:
Intraday: Largest recommended size, since trades close same day
Short-Term: Medium size, accounting for overnight risk
Long-Term: Smallest size, factoring in overnight and weekend exposure
The result? Sizing that adapts to your risk horizon.
📈 Live On-Chart Display
Your recommended size is printed directly on the chart, always visible. You’ll never forget your plan—or oversize by accident.
🛠️ Customizable Label Placement
Use the BarsRight setting to move the yellow size label left or right on the chart. It’s flexible for any screen resolution or layout.
Example: Tesla Chart with Indicator Applied
✅ How It Works
Add the Indicator to your chart
Set your RiskPerTrade amount in dollars (or your base currency)
Choose your Trade Type (Intraday / Short-Term / Long-Term)
Adjust BarsRight input if the label is off-screen
The yellow label will show your recommended size based on current volatility
✅ Why It Matters
This tool helps you:
🔹 Stay within your max loss limits
🔹 Avoid oversized trades in volatile conditions
🔹 Tailor sizing to match your holding period
🔹 Build discipline around your risk management system
Whether you're just starting out or refining your strategy, this tool simplifies the most overlooked edge in trading: position sizing.
✅ Designed for Stock & ETF Traders
This indicator is made specifically for stocks, and ETFs.
For non-USD markets, ensure your chart prices and RiskPerTrade values are in the same currency.
BarsRight Setting:
Can’t see the label? Set BarsRight = -200 (or more) to push it onto the visible area of your chart.
RiskPerTrade:
Use any dollar value you’re comfortable risking per trade.
Trade Type:
Select based on how long you intend to hold the position.
✅ Simple but Powerful
💡 This tool doesn’t just calculate a number—it enforces risk discipline every time you trade. When paired with a smart portfolio strategy, it helps keep your account safe and your process repeatable.