Category Other  at 17/10/2023

Risk on Trade | Auto Position/Lot Size Calculator | Risk & Reward Tool

Notice. There is an update for this algorithm which is awaiting moderation. Please check back soon to view the latest version of this algorithm.
Description

Risk On Trade

  • Are you missing your Entry while calculation position size? 
  • Are you losing more money than you expected because of miscalculation?
  • Are you having trouble calculating your position size, while you are trying to execute Market Orders?

    Risk On Trade is a great tool which does everything for you. 
    FOCUS ON EXECUTION NOT CALCULATION!

UPDATE v1.1



Now you are able to change Panel and Info Box Positions!!

Description :

Risk On Trade is designed for traders to save time on calculations and focus on execution.

Calculations are based on your Equity Base Currency. Even if you trade assets or pairs in different currencies (e.g., for USD-based accounts trading CADJPY, AUDCAD, DAX, FTSE, HK50), the calculations will be done automatically.

You can choose any of Limit, Market, or Stop Orders. Entry, Stop Loss, and Take Profit lines will be activated when you choose the trade direction.

Limit Orders:

  • Place the Entry Line where you want to put a Limit Order, then adjust the Stop Loss Line. The algorithm will automatically calculate the position size according to your Risk On Trade.
  • If the Market Price is lower than the Buy Limit Entry Line when you are about to place a Buy Limit Order, the algorithm will warn you.
  • If the Market Price is higher than the Sell Limit Entry Line when you are about to place a Sell Limit Order, the algorithm will also warn you.

Market Orders:

  • When you choose the trade direction, the Entry Line will start moving with the Market Price. The algorithm will automatically calculate the position size according to the Stop Loss Line and Risk-On Trade. 

Stop Orders:

  • Place the Stop Order Entry Line according to your trade direction, then adjust the Stop Loss Line. The algorithm will automatically calculate the position size according to your Risk-On Trade.
  • If the Market Price is higher than the Buy Stop Entry Line when you are about to place a Buy Stop Order, the algorithm will warn you.
  • If the Market Price is lower than the Sell Stop Entry Line when you are about to place a Sell Stop Order, the algorithm will also warn you.

When you place the order, all lines will appear with the spread size to easily adjust them for a new trade. You can turn this feature on or off easily from Algo Settings.

Percentage Based Risk: (3)

There is also an option for Percentage-Based Risk Traders. In Algo Settings, you can choose “Use Initial Balance” (you can specify the amount) or “Account Balance”. 
These options can be customized quickly. You can turn them on or off from Algo Settings. 

Risk on Trade and Order Button: (4)

You can easily change the Risk amount from the Risk-On Trade Panel; when you change it, Risk-On Trade will be instantly updated. 

Note: When you turn on the Percentage Risk Buttons, the Risk Box can’t be edited by the user. 

 

Fixed RR Section: (5)

The Fixed RR section is for traders who do not want to calculate RR or who have a fixed R style of trading strategy. You can easily customize RR options according to your strategy. Also, you can easily disable it from Algo Settings.

Info Box: (6)

The Info Box includes information about the asset and your trade, such as:

  • Spread on Asset
  • Risk on Trade
  • Stop Loss Points: According to your Entry and Stop Loss Line (on Market orders, information will be updated instantly)
  • Risk/Reward: According to your Stop Loss and Take Profit Line (on Market orders, information will be updated instantly)
  • Potential Profit

Lines: (7-8-9)

  • All lines can be moveable and when you right click on them, you can place them on exact price
  • Stop Loss and Take Profit Lines change their colors according to Trade Direction (Buy or Sell).
  • Entry Line will be moving with price when you choose Market Order.
     

Settings:

metin, ekran görüntüsü, elektronik donanım, multimedya yazılımı içeren bir resim

Açıklama otomatik olarak oluşturuldu

  • Risk on Trade can be pre-set from Algo Settings as well as from the Risk Box on the Panel.
  • You can change the color of the:
    • Entry Line
    • Stop Loss Line
    • Take Profit Line
    • Buy Radio Button
    • Sell Radio Button
  • You can Enable and Disable the Percentage Risk Section on the Panel, and you can adjust your percentage levels for yourself.
  • You can Enable and Disable the Fixed RR Section on the Panel, and you can adjust your RR levels for yourself.
  • You can Enable and Disable the Info Box and Options in it.

For Questions : uralmurat23@gmail.com / https://t.me/MuratUral

Demo File is attached in Download Button.

 

 

For Full Version

Payment:

20 USDT :

10 USDT Only USDT Accepted.
 

When you make the Payment, send me the proof of payment  :  uralmurat23@gmail.com / https://t.me/MuratUral

You will receive your Algo file within a day.

DEMO file is attached in this section.

 

BSC BNB Smart Chain(BEP20) Address:
0x9988dd62bd51f14f582b497d0cecbdd855d73fde

TRX Tron (TRC20) Address:

TC92gAm87gRKpzcWooBq7hE5nuUseVJLTX

kalıp, desen, düzen, dikiş içeren bir resim

ETH Ethereum(ERC20) Address:

0x9988dd62bd51f14f582b497d0cecbdd855d73fde

SOL Solana Address:

6pHpdMryHq1qfLwtMdZUH4pWLnuzsxmbQVdYt4UjLXXY

 


// // The author hid the code of this algorithm
UR
uralmurat23

Joined 13.10.2023

  • Type: Free
  • Language: C#
  • Trading Platform: cTrader Automate
  • Filename: RiskOnTrade (DEMO).algo
  • Rating: 5
  • Installs: 268
Comments
Only logged in users can post a comment
EX
Exzell · 1 month ago

This is a great cbot, very easy to use, very intuitive and calculates risk at a fraction of a second, great for all types of traders who want to position size easily, great job

UR
uralmurat23 · 1 month ago

Thanks for the Comment. I will put an option for positioning in newer version.

EX
Exzell · 1 month ago

this is a really nice tool, the only thing i would change is the ability to position the buy and sell panel to different areas of the chart or have it floating as it sits right on top of my indicators making it difficult to access them