PROTECTED SOURCE SCRIPT
ATR Position Sizer
Found the substack from Ryan Wright (raen prop trading) which has amazing insights into the real prop trading world.
In his post Your Trading Edge Isn't Your Setup. It's Your Knowledge he shared a few interesting nuggets of knowledge.
Especially the part about Risk according to the 20-day ATR caught my eye, so i reconstructed a version of that formula directly for Tradingview. It works with ES (MES), NQ (MNQ), GC (MGC), YM and can be extended.
Additionally I implemented a function that tracks the chart ATR (automatically on the chosen time frame) on a defined period. This can of course be disable.
Hope it helps
In his post Your Trading Edge Isn't Your Setup. It's Your Knowledge he shared a few interesting nuggets of knowledge.
Especially the part about Risk according to the 20-day ATR caught my eye, so i reconstructed a version of that formula directly for Tradingview. It works with ES (MES), NQ (MNQ), GC (MGC), YM and can be extended.
Additionally I implemented a function that tracks the chart ATR (automatically on the chosen time frame) on a defined period. This can of course be disable.
Hope it helps
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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。