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Risk & Money Calculator / Fixed Losses

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This indicator is designed for people who want to control their losses as precisely as possible!

It allows you to quickly calculate the potential loss on a position, taking commission into account. It's designed so that you can have a fixed loss with different stop-loss lengths by adjusting the position size, expressed in currency!

Next to the Stop Loss price, you'll see the percentage distance to the stop and the actual loss, including the double commission (for opening and closing).

The indicator is very easy to use. You select the trade direction, enter the entry price, and the Stop Loss price. Optionally, you can set a Take Profit price to visualize the profit percentage! Since commission is charged both when opening and closing a position, you need to specify the size of your one-way commission.

Important!

• DON'T FORGET ABOUT LIQUIDATION, WHICH HAPPENS BEFORE THE CORRESPONDING STOP LOSS PERCENTAGE IS REACHED!
• YOU ARE SOLELY RESPONSIBLE FOR YOUR CALCULATIONS AND LOSSES!
• IF YOU HAVE ANY WISHES OR SUGGESTIONS RELATED TO THE INDICATOR'S OPERATION, I'M READY TO LISTEN AND POSSIBLY MAKE CHANGES TO ITS FUNCTIONALITY!

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