Optimal Leverage Calculator

The Optimal Leverage Calculator is a comprehensive tool designed to help traders optimize their leverage for various assets. This indicator calculates and displays optimal leverage based on historical price data, along with key risk ratios like Sharpe Ratio, Sortino Ratio, and Omega Ratio for up to five user-defined assets.

Key Features:

• Multiple Asset Support: Analyze up to five different assets simultaneously.
  
• Customizable Lookback Periods: Set individual lookback periods for both leverage calculation and risk ratio analysis for each asset.
  
• Risk Ratios Calculation: Calculate and display Sharpe Ratio, Sortino Ratio, and Omega Ratio for each asset.
  
• Plot Options: Choose to display Leverage, Sharpe Ratio, Sortino Ratio, or Omega Ratio on the chart.
  
• Detailed Table Display: Provides a tabular display of assets along with their corresponding risk ratios and optimal leverage.
  

How It Works:

• Input Symbols: Specify the symbols for up to five assets you want to analyze.
  
• Fetch Data: The indicator fetches historical closing prices for the specified assets.
  
• Calculate Daily Returns: It computes the daily returns for each asset.
  
• Optimal Leverage Calculation: Based on the mean daily return and standard deviation, it calculates the optimal leverage for each asset.
  
• Risk Ratios Calculation: Calculates the Sharpe Ratio, Sortino Ratio, and Omega Ratio for each asset using the specified lookback period.
  
• Display Options: Choose the plot display option (Leverage, Sharpe Ratio, Sortino Ratio, Omega Ratio) to visualize on the chart.
  
• Tabular Display: A table at the bottom right of the chart displays the risk ratios and optimal leverage for each asset.