Ever wanted a script that could tell you what is the maximum reasonably safe leverage if you were to open a trade and hold it for a given number of candles? This is it!
Using rate of change based volatility and the maximum expected number of candles/periods you will hold your trade for, based on your risk profile this indicator will tell you what is the maximum reasonable leverage.
Stop losses / take profits or some other prudent exit strategy should not be avoided. The idea is effectively to prevent yourself from using leverage that is too risky for the current market conditions on whatever timeframe you are entering your trade based on.
If you have any suggestions on how to improve the indicator, please leave a comment below!
Using rate of change based volatility and the maximum expected number of candles/periods you will hold your trade for, based on your risk profile this indicator will tell you what is the maximum reasonable leverage.
Stop losses / take profits or some other prudent exit strategy should not be avoided. The idea is effectively to prevent yourself from using leverage that is too risky for the current market conditions on whatever timeframe you are entering your trade based on.
If you have any suggestions on how to improve the indicator, please leave a comment below!
Notas de prensa:
- Added 'valid for:' in the live-table
- Fixed small text issues
- Fixed small text issues
Notas de prensa:
- Improved the default settings
Notas de prensa:
- Lowered the risk in the low-risk profile
- Added 'Sketchy' risk profile
- Added 'Sketchy' risk profile
Notas de prensa:
- Added 'recommended' risk profile (lowest risk while still accepting some leverage)
- Added cross-margin and isolated margin settings which affect the minimum and maximum leverage regardless of the volatility
- Changed the default settings to make the indicator a bit faster to react to market changes
- Added cross-margin and isolated margin settings which affect the minimum and maximum leverage regardless of the volatility
- Changed the default settings to make the indicator a bit faster to react to market changes
Notas de prensa:
- Small adjustments
Notas de prensa:
New Features
- Improved Cross-margin mode
- Added liquidation levels
- Reorganized the settings
- Added fill color
- Improved Cross-margin mode
- Added liquidation levels
- Reorganized the settings
- Added fill color
Notas de prensa:
- Fixed a bug causing 'Low-ish Risk' profile to not work
- Updated the preview-chart
- Updated the preview-chart
Notas de prensa:
- Clarified the settings
- Open-position max leverage text being yellow now indicates increasing risk
- Open-position max leverage text being yellow now indicates increasing risk
Notas de prensa:
- Added mini table option
- Changed several math variables / limits
- Cleaned Code a bit
- Changed several math variables / limits
- Cleaned Code a bit
Notas de prensa:
- Added symbols in the table to represent changing risk
Notas de prensa:
- Better color logic
- Hide new-position leverage plot by default
- Hide new-position leverage plot by default
Notas de prensa:
- Fixed issue with displaying decimals