Soothing Trades – Risk Per Contract Table (1 candle)

What it does
A compact risk table for futures/derivatives that estimates adverse move risk per contract from the current bar. It uses bar OHLC and the instrument’s minimum price increment (syminfo.mintick). In this script, a “step” means one minimum price increment (not exchange tick data).

Long Risk = potential adverse move from Close → Low on the active bar.

Short Risk = potential adverse move from Close → High on the active bar.

“Live” rows update while the bar forms.

Per-step currency value defaults to syminfo.pointvalue × syminfo.mintick, or you can set a Custom Per-Step Value (e.g., $5 per 0.25 for NQ).

How to use

Add the indicator and choose where to place the table.

Set your contract quantities (four quick rows).

If the default per-step value doesn’t match your instrument, turn on Use Custom Per-Step Value and enter the correct currency value for one minimum price increment.

Read the columns: Long / Short show estimated adverse risk per row of contracts; “Live” versions update intrabar.

What this is not

It does not use or claim access to historical tick data.
TradingView doesn’t provide tick-data charts; this tool works from bar data only.

It does not place orders or tell you what to trade.
It’s a convenience calculator for sizing awareness.

Notes

Contract specs vary. Always confirm your contract’s point value and minimum price increment with your broker/exchange.

Educational use only. No financial advice.