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Posted (edited)

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 by fchot33

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