FixRisk

[fchot33]

FixRisk is a position sizer that calculates óptimal position size based on dollar risk.
 

• Fixed Dollar Risk Control
  Calculates position size so that total risk per trade does not exceed a predefined USD amount (e.g., $200).
• Draggable Stop-Loss Line
  Uses a horizontal, user-movable stop line on the chart to dynamically recalculate risk and quantity.
• Real-Time Updates
  Recalculates position size on every tick and whenever the stop line is moved.
• Automatic Chart Trader Integration
  Updates the Chart Trader quantity selector automatically with the calculated contract size.
• Bid/Ask-Aware Entry Logic
  Uses bid or ask price depending on whether the trade is long or short relative to the stop.
• On-Chart Display
  Shows the calculated risk and recommended quantity directly on the chart.

 

FixRisk.zip

Edited 6 hours ago by fchot33

[wertamido]

EDU??

[fchot33]

57 minutes ago, wertamido said:

EDU??

Yes