This script allows you to calculate position size, and future profit, loses.
- You can add 3 target values and 1 stop loss
- Optionally you can display table, position it as you like, and see risk ratio
- add profit loss to the labels
Value-at-Risk is a risk measurement tool widely used by banks and institutions.
This script uses historical simulation method for the calculation of VaR. The default settings are 250-days period. 1 percentile (or 99 percentile confidence level.)
This means the daily loss for the past 250 days should not exceed the risk measure 99% of the time.
- Estimates the risk of BTC price versus the USD
- To be used on the daily timeframe
- Works best on a BTC pair that has a lot of bars, e.g. The Bitcoin All Time History Index
- 0 is the lowest risk, 1 is the highest risk
- Historically, buying when the risk was low and selling when the risk was high would have yielded good ROI
- The risk bands are 0.1 in width...
One Time Trade Risk Management
Incorporating the new interactive feature, this script is meant as a one time trailing stop for the active trader to manage positional risk of an ongoing trade. As a crypto trader or Fx trader, many may find themselves in a position late into the evening, or perhaps daily life is calling while a trade progresses in their favor....
RAR - risk adjusted returns. This methodology could be helpful in portfolio creation and position size risk management. We can set our own preference of risk tolerance via the X variable which is the exponent of volatility in our calculations. This gives an unlimited set of example portfolios on a given time-frame that can be sorted from return oriented to...
Current script was created to help faster calculate possible gain or loss from a furure trade. Making money management a bit simpler, by changing values you can adjust proper trade leverage and see possible target values
Good money management is one of the fundamental pillars of successful trading. With this indicator, we propose a simple way to manage trading positions. This tool shows Profit & Loss (P&L), suggests position size given a certain risk, sets stop losses and take profit levels using fixed price value/percentage/ATR/Range, and can also determine entries from crosses...
This is a simple trailing stop loss line for long and short positions.
It is calculated as a multiple of the ATR instead of a percentage.
You are able to change the multiple and the ATR length.
It can be used as a guide to where you should consider putting in your stop loss on a trade and to where you should move your stop loss to as the days go by.
Portfolio Risk Metrics (Part I):
The beta coefficient can be interpreted as follows:
β =1 exactly as volatile as the market
β >1 more volatile than the market
β <1>0 less volatile than the market
β =0 uncorrelated to the market
β <0 negatively correlated to the market
excerpt from the Corporate Finance Institute
correlation coefficient 'ρxy'...
This is a script to make calculating position size easier. It calculates position size as a percentage of account balance and Risk/Reward based on input values of entry, exit, stoploss and shows the R/R box similar to tradingview's R/R tool. There is an option to toggle showing label and choosing of label text color.
Have to enter the following inputs in order...
This version of the MACD indicator is 'trawling' (checking) if the MACD histogram and the zero line crossing with the MACD line are both positive or negative. The idea behind this is to show areas with higher or lower risk.
1. Enable the bar color
2. Enable the background color
3. Change zero line value
"The MACD-Histogram is an indicator of an...
this indicator has been designed to make your calculations easier and faster.
you can use this indicator to set tp and sl prices based on your entry price, balance,risk and leverage.
it has been designed only for cryptocurrency market and it is not recommended to use it in other markets!
1- enter your balance in the setting of the indicator.
2- enter risk...
This is my attempt at remaking the cowen risk index. It's definitely not correct, but should give a rough estimate of where his indicator is at. I am taking the price divided by the 400sma to get an oscillator, then we need to account for diminishing returns so I just made an exponentially increasing variable and mutliplying that by the oscillator value. Then I...
I am glad to bring you another simple and efficient algorithm.
Its made purely from RSI which can be used directly or inversed. Its suited for swing trading 15 min chart or more minimum.
Can be adapted to all types of financial markets.
Rules for entry are easy : First we have the stop loss and take profits levels. Based on SL , we have the risk %...
A simple Portfolio Tracker to track your Profit/Loss for any ticker in any market (stock, futures, index, forex, crypto, fund, dr.).
You just need to input (Asset / Quantity / Avg. Buy/Sell Price) and the script will calculate everything.
Also, you can use it for paper trading, or even what-if cases..
- Up to 10 positions
- Track your...