Position Sizer (Share Qty)

11月7日

• 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)
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  Future improvements:
  
• Visual Stop Loss line for either LoD or LoW
  
• Functionality and toggle to include Extended hours (PM /AH) for LoD stop pricing
  

11月12日

版本注释

• Added Previous Day Low (PDL) as Stop Loss option
  
• Added Minimal Headers mode option