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Oro Valley, AZ
Experience: Advanced
Platform: DT, NT, Tradestation
Broker: Schwab, IB
Trading: Stocks & S&P
Posts: 20 since Jan 2010
Thanks Given: 10
Thanks Received: 15
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The Risk Manager indicator from Indicator Warehouse looks very useful
at first glance. MT Predictor has a similar function. Basically with just
a few quick clicks you are able to note where your entry, stop and target
are on the chart. You have already input your account size and the percentage
of your capital you want to risk on a trade. The indicator then spits out,
on the chart, how many contracts, shares or lots you should buy.
Here is a link to the indicator:
Risk Manager
Has anyone attempted to code it? I have no programming skills
but it doesn't appear it would be that difficult.
Thanks.
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