ABOUT THIS INDICATOR
This is a simple indicator that can help you manage the risk when you are trading, and especially if you are leverage trading. The indicator can also be used to help visualize and to find trades within a suitable or predefined trading range.
This script calculates and draws six “profit and risk lines” (levels) that show the change in...
This script is more like a tool than an indicator.
The script determinates the amount of contracts and the leverage needed to do one trade.
You must specify the following parameters:
Stop Loss price
Stop Loss risk. It's the capital that you will loss if the price hit the SL price.
Operation equity. It's the whole capital involved in the...
ELEVATED LEVERAGE index SYSTEM (ELiS) tries to solve the problem of adjusting meaningful leverage in futures and margin trading.
The biggest problem for traders is adjusting the leverage level manually.
Concerning about the volatilities it's very hard to set a meaningful leverage level.
ELiS includes 4 different volatility component which are: