This indicator is designed to simplify and optimize risk management.

It automatically calculates the Lot size ideal depending on your account balance, the percentage of risk you define and the entry and exit levels. In addition, it includes visual tools to represent the levels of stop-loss (SL) and Take-Profit (TP), helping you operate with greater precision and consistency.

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WHAT IS IT FOR?

It's ideal for traders looking for:

• Maintain consistent risk in your operations.
• Quickly calculate the Lot size per Forex, XAUUSD, BTCUSD and US100.
• View key levels (Entry, SL and TP) directly on the graph.
• Monitor potential profits and losses in real time.

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COMPATIBLE ASSETS

El Lot Size Calculator works with the following assets:

• Forex: Standard currency pairs.
• XAUUSD: Gold against the US dollar.
• BTCUSD: Bitcoin against the US dollar.
• US100: Nasdaq 100 Index.

The calculation formulas are automatically adapted according to the selected asset.

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TAKE PROFIT (TP) LEVELS

You can define up to three levels of Take-Profit:

• TP1
• TP2
• TP3

Each level is configurable according to your exit strategy.

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‍DASHBOARD‍

El Dashboard is a visual tool that summarizes the key information of your operation:

• Account balance: Total amount available in your account.
• Lot size: Automatically calculated based on your risk and parameters.
• Potential Loss (SL): Expected loss if the stop-loss is reached.
• Potential gain (TP): Projected profit if take-profit is reached.

ADJUSTMENTS

The indicator offers several configurable options to suit your trading style:

Levels

• Entry: Initial entry price.
• Stop-Loss (SL): Maximum level of loss allowed.
• Take-Profit (TP): Up to three configurable levels.

Risk Management

• Account balance ($): Enter your total available balance.
• Risk percentage: Define how much you are willing to risk per trade.

Visual Options

• Visualization style: Choose between simple lines or filled visual areas.
• Colors: Customize the colors of lines and labels.

Dashboard settings

• Statistics: Activate or deactivate the visualization of key data.
• Size and position: Adjust the size and position of the dashboard on the graph.

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‍HOW TO CHANGE AN ENTRY?

You have two options:

1. Open the indicator settings in TradingView and manually enter the new data.
2. Remove the indicator from the chart and add it back with the updated data.

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Full Use Tutorial