Enhanced Execution Tool

A comprehensive position sizing calculator for disciplined risk management


Description:

This tool provides traders with precise position sizing calculations based on their account parameters and market conditions. The indicator calculates optimal position sizes for different entry scenarios while maintaining strict risk control.

Key Features:

• Multiple entry options (High, Close, Manual)
  
• Flexible stop loss configuration (LoD or Previous Day Low)
  
• Account-based risk management (1% risk by default)
  
• ATR-based distance metrics for volatility assessment
  
• Clear visual table displaying all critical trade parameters
  

How to Use:

• Configure your account size and risk percentage
  
• Select your preferred entry methods (High/Close/Manual)
  
• Choose stop loss reference (Low of Day or Previous Day Low)
  
• View calculated position sizes and risk parameters
  
• For manual entries, input your desired entry and stop prices
  

Input Parameters:

• Account Configuration: Set your capital and risk tolerance
  
• Entry Options: Choose which entry methods to display
  
• Stop Loss: Select stop loss reference level
  
• Technical Settings: Adjust ATR length and distance limits
  
• Display Options: Customize table appearance
  

Output Includes:

• Risk amount in dollars
  
• Risk as percentage of entry price
  
• Entry to stop loss as percentage of ATR
  
• Stop loss price
  
• Entry price
  
• Position size as % of account
  
• Share quantity
  

Ideal For:

• Traders who want to maintain consistent risk management
  
• Those who need quick position sizing calculations
  
• Investors who trade with multiple entry strategies
  

Note: Always verify calculations before executing trades. This tool is designed to assist with trade planning, not as trade advice.