Position Sizer (% of Acct & Shares Req)
This indicator calculates % position size and share quantity required based on total capital and user-defined risk percentages
This indicator differs from the Shares Qty indicator in that it is based on %'s rather than a user-defined, fixed dollar amount to risk (for those who prefer to calculate risk in this manner instead)
Tracks real-time Low of Day (LoD) during regular trading hours (RTH) for accurate stop placement
Current price as well as output rows 2 and 3 can be toggled on/off, per preference
Allows stop loss selection between LoD, Low of Week (LoW), and Prior Day Low (PDL)
Keeps data updating intraday to reflect changing LoD and price conditions
Provides a second “Stop Loss Compare” dropdown to compare two stop methods side by side
Displays all results in a dynamic on-chart table that updates with live prices
Shows capital amount, stop type, stop price, and share counts for three risk levels
=========
Risk rows displayed as: Risk of Cap Amt: ,
=========
Disclaimer:
This indicator is for educational and informational purposes only. It should not be used as the sole basis for trading decisions. Always combine with other forms of analysis, proper risk management techniques, and consider your individual trading plan and risk tolerance. All calculations and outputs are provided as-is, and it is your responsibility to verify their accuracy before making any trading decisions.
Position-sizer
Position Sizer (Share Qty)
This indicator enables fast & accurate position sizing for traders using (user defined) fixed dollar risk, eliminating the need for manual calculations and supporting disciplined risk management directly on the chart
Calculates precise share quantity for fixed-risk trades using the formula Shares = Risk Amount / (Current Price – Stop Price), rounded to the nearest whole share, updating in real time on every bar
Offers two dynamic stop-loss options: Low of Day (LoD) — tracked only during Regular Trading Hours (9:30 AM – 4:00 PM ET) with automatic daily reset — or Low of Week (LoW) via weekly timeframe data
Displays all critical trade data in a clean, customizable on-screen table showing: Risk Amount, Stop Loss type (LoD/LoW), Stop Price, and calculated Shares Qty
Allows full table placement control with four corner positions with optional Top Offset and Bottom Offset (0–20 blank rows each) to prevent overlap with price action or other indicators
Provides complete visual styling control for header text/background, value text/background, and share quantity text/background
Ensures efficient rendering by recreating the table only when position, row count, or layout changes, deleting the prior instance to avoid flicker or memory issues
Handles edge cases safely: shows 0 shares if stop is 'na' or above current price, and initializes LoD only on the first RTH bar of each session
For use on equities only (table will not display on futures instruments)
--
Future improvements:
Visual Stop Loss line for either LoD or LoW
Functionality and toggle to include Extended hours (PM /AH) for LoD stop pricing
Index Position Size Calculator for [US30 / US100 / SP500]What it does
This tool helps you size positions consistently for index trades on US30 (Dow Jones), NAS100 (Nasdaq-100), and SP500 (S&P 500). Enter your account balance, risk %, and your planned Entry / Stop-Loss / Target and the script calculates:
• Position Size (rounded to your lot/contract step)
• Risk-to-Reward (R/R)
• Potential P/L in USD based on your inputs
• Visual Entry / SL / TP lines with green/red zones and concise labels
Supported contract styles
Choose a preset for common products (e.g., CFD $1/pt, YM/NQ/ES futures, MYM/MNQ/MES micros) or override the economics yourself. You remain in control of the two key levers:
• $/point — how many dollars you gain/lose per 1 index point per contract/lot
• Point size — how many price units equal 1 index point on your chart (often 1.0, but some brokers use 0.1 or 0.5)
Inputs
• Account Balance ($) and Risk % per trade
• Index: US30 / NAS100 / SP500
• Contract: CFD / Futures (YM, NQ, ES) / Micros (MYM, MNQ, MES)
• $/point: auto from Contract or manual override
• Point size: auto from Index or manual override
• Position size step: rounding (e.g., 1 for futures, 0.01 for CFDs)
• Entry / SL / TP: typed values (snapped to tick), with on-chart zones and labels
• Display toggles for lines and labels
How the math works
• StopPoints = |Entry − SL| ÷ PointSize
• ProfitPoints = |TP − Entry| ÷ PointSize
• Position Size = (AccountBalance × Risk%) ÷ (StopPoints × $/point)
• R/R = ProfitPoints ÷ StopPoints
• Potential P/L = PositionSize × Points × $/point
How to use (quick start)
1. Select Index and Contract.
2. Confirm $/point and Point size match your broker’s specs.
3. Enter Entry / SL / TP for the trade idea.
4. Read the Position Size, R/R, and Potential P/L in the info box.
5. Adjust for fees, spreads, and slippage as needed.
Notes & limitations
• Broker symbols can vary. Always verify $/point and Point size for your instrument before risking capital.
• The script does not place orders and does not generate trade signals; it’s a sizing/visualization tool.
• Results can differ across brokers due to pricing, spreads, minimum lot sizes, and execution rules.
• Use on the intended indices; you’ll see a reminder if you load it elsewhere.
Changelog highlights
• Pine v6, constant-safe inputs, tick-snapping, global fills (no local-scope errors).
• Robust label handling and optional minimal chart markers.
Disclaimer
This script is provided for educational purposes only and does not constitute financial advice or a recommendation to buy or sell any security or derivative. Trading involves risk, including the possible loss of principal. Always do your own research, verify contract specifications with your broker, and consider testing in a demo environment before trading live.


