Micro Futures Contract Calculator

Micro Futures Contract Calculator

Synopsis: The Micro Futures Contract Calculator is a sleek, minimalist indicator that calculates the number of Micro E-mini Nasdaq-100 (MNQ) or S&P 500 (MES) contracts you can trade based on a fixed dollar risk and stop-loss (in ticks). Displayed in a compact, professional table in the top-right corner, it shows your risk, stop-loss, contract type, and calculated contracts, helping traders maintain consistent risk management.
How to Use:
Add the indicator to your chart (search “Micro Futures Contract Calculator”).

In settings, input:
Maximum Risk ($): Your total risk per trade (e.g., $100).

Stop-Loss (Ticks): Stop-loss size in ticks (e.g., 20 ticks = 5 points).

Contract Type: Select MNQ or MES.

Check the top-right table for:
Risk, stop-loss, contract type, and number of contracts (e.g., “10” for MNQ, “4” for MES).

Use the contract number to size trades, ensuring risk stays fixed.

Why Standardized Risk is Important:
Consistency: Fixed risk per trade (e.g., $100) prevents oversized losses, stabilizing long-term performance.

Discipline: Removes emotional guesswork, enforcing a systematic approach across MNQ/MES trades.

Capital Protection: Limits exposure, preserving your account during losing streaks and volatile markets.

Scalability: Aligns position sizing with your risk tolerance, enabling confident scaling as your account grows.

This indicator simplifies risk management, making it essential for disciplined futures trading.