Position Size Calculator with ATR & Tick Risk Management

Position Size Calculator with ATR & Tick Risk Management

This script calculates your optimal position size based on your account size, risk per trade, and either a fixed tick-based stop loss or the Average True Range (ATR) for dynamic risk control.

🔹 Flexible Risk Input : Choose between fixed ticks or ATR (Average True Range) as your risk measure
🔹 Precise Position Sizing : Calculates the maximum number of units you can trade while respecting your risk limit
🔹 Clear Table Display : Shows key values like total position size, risk in cents, ATR in ticks, and 40% / 80% partial take-profit levels
🔹 No Chart Clutter : The script runs in the background and does not plot on the chart

Perfect for traders who want to manage risk efficiently and objectively , whether trading stocks, futures, or CFDs.

⚙️ Customizable Inputs:

Account Size
Risk per Trade
Tick Risk (if ATR is disabled)
ATR Length & Multiplier (if ATR is enabled)