This script calculates how much cryptos or dollars you have to bet with 4 variables : Risk Loss [$], Leverage, Entry and Stop Loss.
When you want to open a position, just complete the parameters and the script will tell you how much you have to bet in dollars or cryptos units, depending the way you're trading.
Note : don't foreget that you have to pay fees on exchanges whose are not included here, specially with high leverage trades.
Note di rilascio
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Corrected calculation of the bet in cryptos. Set 2 decimals for the bet in dollars et 3 for the one in cryptos.
Note di rilascio
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Added intermediate take profit in the R/R calculation with the possibility to indicate the price and %. To use it, just tick the option in parameters.
I tried to make XAUUSD it doesn't work, for US Stock it does. Thanks
UpsideAlpha
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Nice work! A good addition would be 2 seperate profit targets. Many trading systems scale out and calculating R/R with pre-planned targets would be awesome.
Mysteriown
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@UpsideAlpha, Thanks for your feedback. For example, options to sell ...% of the position at TP1 and the rest at TP2 ?