Money Management Trade Data Box

Trade Data Box - Money Management Indicator

Overview
This indicator provides real-time position sizing and risk management calculations directly on your chart. It displays a clean data box that helps traders maintain disciplined risk management by automatically calculating the optimal number of contracts to trade based on ATR (Average True Range) volatility measurements.

What It Does

The indicator solves a critical problem that many traders face: determining the correct position size before entering a trade. Instead of manually calculating how many contracts to trade based on your risk tolerance and stop loss distance, this tool does all the math for you in real-time.

Key Features
ATR-Based Stop Loss & Target Calculation

Uses the Average True Range to set dynamic stop losses and profit targets that adapt to current market volatility
ATR multipliers allow you to customize how conservative or aggressive your stops and targets are (reasonable reward-to-risk ratio).

Automatic Position Sizing

Calculates exactly how many contracts you should trade to risk a specific dollar amount
Takes into account your defined risk per trade, the instrument's tick value, and the calculated stop loss distance
Updates continuously as market conditions change

Visual Data Box

Displays four critical pieces of information:

Target (ticks): How far your profit target is from entry
Stop (ticks): How far your stop loss should be placed
Risk Amount: Your fixed dollar risk per trade
Contracts: The calculated number of contracts to trade



Customization Options

Adjustable table size for different screen sizes
Six position options to place the box wherever you prefer on your chart
Optional "real close" dots to verify you're seeing actual closing prices if you are using Heiken Ashi Candles.

How Traders Use This

Set Your Risk Parameters: Input your maximum dollar risk per trade (e.g., $200) and the tick value for your instrument (e.g., $0.50 for Micro NQ (MNQ) futures)... verify your tick value before trading to ensure your risk management is correct.

Adjust ATR Settings: Customize the ATR length and multipliers based on your trading style and the instrument's characteristics.


Read the Box Before Trading: Before entering any trade, check the data box to know:

Where to place your stop loss
Where to set your profit target
How many contracts to trade to maintain consistent risk


Execute with Confidence: Enter your trade knowing you're risking exactly the amount you're comfortable with, regardless of how volatile the market is

Why This Matters

Professional traders know that position sizing is more important than entry timing. This indicator ensures you're never over-leveraged during volatile periods or under-leveraged during quiet markets. By basing calculations on ATR, your stops and targets automatically adjust to current market conditions, helping you maintain consistent risk across all trades.