Sizing Guide

2019년 4월 8일

This indicator helps you defining your max sizing, depending on the max $$$ amount you're willing to risk against a specific exponential moving average (or VWAP, default is the 13ema).
You can define your max risk amount and your max allowed sizing. The indicator would suggest the best sizing in order to risk only up to the amount you are comfortable with on a potential trade.
Moreover, the column bar would turn yellow/red if the divergence is above a certain threshold (default are yellow > 1.50% and red > 2.75%, green otherwise).

2019년 6월 13일

릴리즈 노트

To be more accurate, it now bases its size guide value off of the high/low of the previous candle instead of the current price which is way easier to manage for certain strategies.

2019년 10월 20일

릴리즈 노트

In this latest version, I added the possibility to show the sizing for the pullback strategy (by enabling the "Sizing for Pullback" checkbox). It will only work properly in real-time, since the calculation takes into account the current hod/lod that will get overwritten over time as that trading day goes by (in case it makes a new hod/lod).