Futures Position Size Calculator (NQ/ES)

DISCLAIMER:
This indicator is provided solely for informational and educational purposes. It calculates position sizing based on user-defined inputs such as entry and stop-loss levels, but it does not provide trading signals, recommendations, or financial advice. All trading decisions are made at the sole discretion of the user.

By using this indicator, you acknowledge that you are fully responsible for your own trades and risk management. The developer/publisher of this indicator assumes no liability for any losses, damages, or financial consequences that may arise from its use.

Features:
• Position size calculator (based on Entry & Stop Loss)
• Reward ratio calculator (1R, 2R, 3R, etc.)
• Supports: NQ / MNQ / ES / MES

Usage:

When you first add the script to your chart (on any supported futures symbol), you will be prompted to set the Entry Price and Stop Loss Price on the chart using draggable lines.

After setup, you can freely move the price lines, and the indicator will automatically update:
• Position size
• Reward targets
• Direction (long/short is auto-detected)



RISK Settings:

You can calculate position size using either:

1. Account Percent
Select "Percent" in the Risk Method dropdown and enter the percent of your account you want to risk per trade.

2. Fixed Dollar Amount
Select "Fixed Dollar" in the Risk Method dropdown and enter the dollar amount you want to risk.
You may set separate values for: NQ, MNQ, ES, and MES.

Reward Calculator:

Enable the checkbox "Show Reward Targets" in the Reward Ratio section to display projected targets (1R, 2R, etc.).
You can also choose how many R-levels are displayed on the chart.