StockLeave Risk Module

Overview
This indicator provides a visual reference to determine position size and approximate risk-to-reward. It is designed to support trade planning by calculating equalized risk per trade based on a stop distance derived from volatility. Additionally, it displays potential outcomes relative to structural references on the chart, such as the mean price and Keltner band extremes.
This tool is not intended for precision or predictive analysis, but rather for estimative usage; offering supportive reference points that allow for quick evaluation of risk-to-reward and position size.

Equalized Risk Per Trade
The indicator calculates the number of shares that can be traded while maintaining consistent monetary risk. The formula is based on the distance between the current price and the visual stop reference, adjusting the position size proportionally.

Position Size = Dollar Risk / (Entry Price - Stop Price)

The monetary risk is calculated as a percentage of account size; both of which can be set in the indicator’s settings tab. This creates a consistent risk exposure across trades regardless of volatility or structural stop distance.

Stop Placement Reference
The visual stop reference is by default located at 2× ATR from the current price, providing a volatility-based anchor. While this value can be customized, it serves as a practical reference when a structural stop has not yet been defined. It allows quick scenario building and visual feedback.

Visual Risk-Reward Projection
The module provides approximate reward-to-risk (R/R) projections based on dynamic price references. These should not be interpreted as practical trade targets, but rather as estimations of average price volatility and structural movement. Their purpose is to help assess directional potential relative to predefined risk.

Upper Keltner Band (Upper): Represents the upper boundaries. In bullish events, prices may expand towards this zone, completing movement from mean to upper structural extreme.

Moving Average (Mean): Represents the midpoint of structure. In reversion events, prices may revert toward this zone, completing the move from extreme back to mean.

Lower Keltner Band (Lower): Represents the lower boundaries. In bearish events, price may expand towards this zone, completing movement from mean to lower structural extreme.

The tool calculates the R/R multiple between the current price and each of these reference points in relation to the visual stop reference. This allows for a quick evaluation of risk-reward potential based on structural context and prevailing volatility. These are visible in the Signal Bars indicator. These are reference points and should should be interpreted with contextual structure.

Chart Elements
ATR Dots: Plotted above and below the current price as reference points for theoretical stop placement. The default distance is set to 2× ATR but can be adjusted in the indicator settings.

Information Table: Displays the number of shares to trade, along with R/R projections to the mean and both Keltner bands. This offers a quick overview for evaluating position sizing and potential reward relative to risk.



This indicator is accompanied by the Signal Bars Indicator.