OPEN-SOURCE SCRIPT
Actualizado Forex - Lot size calculator
This indicator is specifically designed for Forex traders who need a convenient lot size calculator directly on their charts. It allows users to input their account balance, risk percentage, and stop-loss distance in pips to easily determine the appropriate lot size for a given trade, ensuring effective risk management.
Key Features:
How to Use:
Important Notes:
Key Features:
- Lot Size Calculation: Automatically calculates the lot size based on user-defined inputs: account balance, risk percentage, and stop-loss distance.
- Error Handling: The indicator only works with Forex pairs. If applied to non-Forex assets, a clear and prominent red error message will appear in the bottom-right corner of the chart, reminding the user that this script is intended exclusively for Forex trading.
- Simple Visualization: The calculated lot size is displayed in an easy-to-read table directly on the chart.
How to Use:
- Add the indicator to a Forex chart.
- Enter your account balance, risk percentage, and stop-loss pips in the input fields.
- The indicator will display the calculated lot size for the chosen Forex pair.
Important Notes:
- This script is intended only for Forex assets. If used on other instruments (e.g., stocks, crypto, indices), an error message will be shown.
- Always validate lot sizes with your broker, as there can be slight variations depending on broker specifications and leverage settings.
Notas de prensa
This indicator is specifically designed for Forex traders who need a convenient lot size calculator directly on their charts. It allows users to input their account balance, risk percentage, and stop-loss distance in pips to easily determine the appropriate lot size for a given trade, ensuring effective risk management.Key Features:
- Lot Size Calculation: Automatically calculates the lot size based on user-defined inputs: account balance, risk percentage, and stop-loss distance.
- Error Handling: The indicator only works with Forex pairs. If applied to non-Forex assets, a clear and prominent red error message will appear in the bottom-right corner of the chart, reminding the user that this script is intended exclusively for Forex trading.
- Simple Visualization: The calculated lot size is displayed in an easy-to-read table directly on the chart.
How to Use:
- Add the indicator to a Forex chart.
- Enter your account balance, risk percentage, and stop-loss pips in the input fields.
- The indicator will display the calculated lot size for the chosen Forex pair.
Important Notes:
- This script is intended only for Forex assets. If used on other instruments (e.g., stocks, crypto, indices), an error message will be shown.
- Always validate lot sizes with your broker, as there can be slight variations depending on broker specifications and leverage settings.
Notas de prensa
fix: color white on error text Notas de prensa
- Add currencies on balance
- Add % or Money for the risk
- Possibility to custom the column width of label and value
Script de código abierto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Exención de responsabilidad
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Script de código abierto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Exención de responsabilidad
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.