I was looking for a way to simulate leveraged transactions in Tradingview and this script came out.
You can examine the equity graph without looking at the strategy results.
Thus, the facts will come to light.
Adding margin: Forbidden or not specified. (Add Margin : No)
- Position size: (for each trade) 1%
- Stop-Loss: (2%)
Or ofc touching the stop-Loss value as predicted.
Warning: This strategy simulation is for Long direction only.
98% of the average entry price is taken as the Stop-Loss value.
(2% below the average entry price)
The previous version was wrong.
Because he saw the starting position size as a loss.
I also designed the percentage profit calculation much simpler.
I will do this update when I have enough time.
I was skeptical after high success rates.
The old version was correct.
Change (Strategy.position_size) statement already adds prinsipal position size.
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.