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Nasdaq Risk Calculator - DTFX
Nasdaq Risk Calculator
This Pine Script (v5) indicator provides a dashboard-style tool for calculating trading risk based on manually input tick measurements for Nasdaq futures contracts (NQ and MNQ). Designed as an overlay on the main chart, it displays key risk metrics in a fixed-position table, allowing traders to assess contract type, lot size, risk ticks, and actual risk in dollars relative to a user-defined risk amount.
Features:
Manual Tick Input: Enter the number of ticks (e.g., from a ruler measurement) to define the price range for risk calculation.
Risk Calculation: Computes the optimal contract (NQ or MNQ), number of lots, risk ticks (half the input range), and actual risk in dollars, targeting the specified risk amount (default: $100).
Customizable Dashboard: Displays results in a single-cell table with a semi-transparent white background and gray border, positioned in one of four chart corners (Top Left, Top Right, Bottom Left, Bottom Right) via user selection.
Reset Option: Includes a toggle to clear the dashboard and start anew.
How to Use:
Add the indicator to your chart (best suited for NQ or MNQ futures).
In the settings, input your "Risk Amount ($)" and "Ticks" (e.g., 400 for a 100-point range on NQ).
Select the "Dashboard Corner" to position the table.
View the calculated risk details in the chosen corner.
Adjust inputs or reset as needed.
Notes:
NQ tick value is $5.00 (NQ_MULTIPLIER = 5.0), and MNQ tick value is $0.50 (MNQ_MULTIPLIER = 0.5).
Ideal for traders planning risk based on measured price ranges, such as support/resistance zones.
This Pine Script (v5) indicator provides a dashboard-style tool for calculating trading risk based on manually input tick measurements for Nasdaq futures contracts (NQ and MNQ). Designed as an overlay on the main chart, it displays key risk metrics in a fixed-position table, allowing traders to assess contract type, lot size, risk ticks, and actual risk in dollars relative to a user-defined risk amount.
Features:
Manual Tick Input: Enter the number of ticks (e.g., from a ruler measurement) to define the price range for risk calculation.
Risk Calculation: Computes the optimal contract (NQ or MNQ), number of lots, risk ticks (half the input range), and actual risk in dollars, targeting the specified risk amount (default: $100).
Customizable Dashboard: Displays results in a single-cell table with a semi-transparent white background and gray border, positioned in one of four chart corners (Top Left, Top Right, Bottom Left, Bottom Right) via user selection.
Reset Option: Includes a toggle to clear the dashboard and start anew.
How to Use:
Add the indicator to your chart (best suited for NQ or MNQ futures).
In the settings, input your "Risk Amount ($)" and "Ticks" (e.g., 400 for a 100-point range on NQ).
Select the "Dashboard Corner" to position the table.
View the calculated risk details in the chosen corner.
Adjust inputs or reset as needed.
Notes:
NQ tick value is $5.00 (NQ_MULTIPLIER = 5.0), and MNQ tick value is $0.50 (MNQ_MULTIPLIER = 0.5).
Ideal for traders planning risk based on measured price ranges, such as support/resistance zones.
開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。