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ATR Position Size Calc+

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Stop guessing your position size. This indicator automatically calculates the optimal number of contracts or shares for each trade.

It is designed for one purpose: to help you maintain consistent risk management by adjusting your trade size based on current market volatility (ATR) and your fixed monetary risk.
// KEY FEATURES
Consistent Risk: Set your max risk in dollars (e.g., $300), and the script calculates the exact position size to match it.
Volatility-Based Stops: Uses the ATR to define a logical stop loss that adapts to market conditions.
Stable Calculation: The calculation is based on the previous closed candle, so the value is reliable and doesn't change intra-bar.
// HOW TO USE
In the settings, simply define your max risk per trade ($) and your ATR parameters. The indicator does the rest.
The essential tool for disciplined trading.

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