OPEN-SOURCE SCRIPT

Position size calculator

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A clean position size calculator designed specifically for leverage traders.
It calculates your position size, potential profit, and risk-to-reward ratio (R/R) based on fixed dollar risk.

Simply enter your entry price, stop-loss, take-profit, and risk in USD to receive precise results.

The position size is currently calculated using the following risk-based formula:
Position Size = Risk ($) / Stop-Loss distance.
This approach keeps risk constant regardless of leverage.

All colors are fully customizable to seamlessly fit your chart theme.

If you have ideas for additional calculation models or if you find any issues, leave a comment and help improve the tool.

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