LotSize Calculator - psyplo

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This indicator provides a convenient on-chart lot size calculator designed to assist traders with precise position sizing based on account balance, risk tolerance, and trade parameters.

Key Features:

Custom Account Sizing: Define your account size and risk percentage per trade.

Flexible Risk Units: Choose between percentage or fixed currency risk models.

Support for Multiple Currencies: Select from a wide range of currencies including USD, EUR, GBP, INR, and even crypto options like USDT.

Dual Sizing Methods: Configure position size using either quantity or lot-based models, with optional rounding.

Visual Trade Levels: Displays configurable entry, stop loss (SL), and take profit (TP) lines on the chart.

Style Customization: Customize the color, line style, and visibility of each level for better chart readability.

Ideal Use Case:
Designed for manual traders seeking real-time clarity and consistency in risk management without needing to calculate lot size externally.

Disclaimer:
This tool is for informational purposes only. Always practice responsible risk management and perform due diligence before trading.

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Note di rilascio

This indicator provides a convenient on-chart lot size calculator designed to assist traders with precise position sizing based on account balance, risk tolerance, and trade parameters.

Key Features:

Custom Account Sizing: Define your account size and risk percentage per trade.

Support for Multiple Currencies: Select from a wide range of currencies including USD, EUR, GBP, INR, and even crypto options like USDT.

Dual Sizing Methods: Configure position size using either quantity or lot-based models, with optional rounding.

Visual Trade Levels: Displays configurable entry, stop loss (SL), and take profit (TP) lines on the chart.

Style Customization: Customize the color, line style, and visibility of each level for better chart readability.

Ideal Use Case:
Designed for manual traders seeking real-time clarity and consistency in risk management without needing to calculate lot size externally.

Disclaimer:
This tool is for informational purposes only. Always practice responsible risk management and perform due diligence before trading.

Release Notes: Session 2025-06-23
Added

• Risk-reward ratio, profit in account currency, and risk in account currency displayed in the table.
  
• Toggle options to selectively show/hide each row in the table (e.g., Entry, TP, SL, Profit, Risk, RR, Lots/Qty).
  
• Table color customization for each individual row via user-defined input.
  
• Tooltip descriptions for most input fields to improve user understanding.
  
• Currency formatting logic to display ₹, $ or currency code appropriately.
  

Changed

• Currency conversion function rewritten to avoid runtime errors and ensure compatibility across various asset types and user-selected currencies.
  
• Risk Unit input section removed; now always assumes percentage-based risk calculation.
  
• Input sections refactored and organized into logical groups:
  
• Trade Sizing
  
• Line Settings (subdivided into Colors, Type & Thickness, Visibility)
  
• Table Settings (General, Toggles, Colors)
  
• Reordered script structure so all variables are computed before being used in the table logic (to avoid undeclared variable errors).
  

Fixed

• Syntax errors related to line breaks and mismatched return types.
  
• Table disappearing or failing to display when non-default currency was selected.
  
• Redundant or invalid parameter entries in table.cell() functions.