Progressive Entry Position Sizer v3

anteontem

Progressive Entry Position Sizer (PEPS) - DEVELOPMENT VERSION

⚠️ IMPORTANT DISCLAIMER: This indicator is currently in development and should NOT be relied upon for trading accuracy. Use at your own risk and always verify calculations independently before making any trading decisions.

Overview:
The Progressive Entry Position Sizer (PEPS) is a risk management tool designed to help traders plan multiple entry positions with progressive scaling. This indicator calculates position sizes and margin requirements across multiple entry levels while maintaining consistent risk exposure.

Key Features:

Progressive Risk Scaling: Uses a token-based system (1, 2, 3, 4, 5...) to progressively increase position sizes at each entry level
Leverage Support: Accommodates leverage up to 50x with proper margin calculations
Dollar-Based Position Sizing: Displays position values in dollar amounts rather than share quantities
Visual Entry Planning: Shows entry zones, target, and stop loss levels with extended lines
Comprehensive Risk Table: Detailed breakdown of each entry with position values and margin requirements
How It Works:

Set your account balance, risk percentage, and leverage
Define primary entry, final entry, target, and stop loss prices
Choose number of limit orders (2-8)
The indicator calculates evenly distributed entry prices with progressive position sizing
Each subsequent entry receives more "risk tokens" resulting in larger position sizes
Use Cases:

Planning DCA (Dollar Cost Averaging) strategies
Risk management for leveraged positions
Visualizing multi-entry trading setups
Educational purposes for understanding progressive scaling
⚠️ Development Status:
This script is actively being developed and may contain bugs or calculation errors. Always:

Verify all calculations manually
Test thoroughly on paper trades first
Consult with financial professionals
Never risk more than you can afford to lose
Feedback Welcome:
As this is a development version, user feedback and suggestions for improvements are greatly appreciated.

This indicator is for educational and planning purposes only. Not financial advice.

anteontem

Notas de Lançamento

Progressive Entry Position Sizer (PEPS) - DEVELOPMENT VERSION

⚠️ IMPORTANT DISCLAIMER: This indicator is currently in development and should NOT be relied upon for trading accuracy. Use at your own risk and always verify calculations independently before making any trading decisions. I have not fully tested the calculations or R:R accuracy yet and there may be inaccuracies.

Overview:
The Progressive Entry Position Sizer (PEPS) is a risk management tool designed to help traders plan multiple entry positions with progressive scaling. This indicator calculates position sizes and margin requirements across multiple entry levels while maintaining consistent risk exposure.

Key Features:

Progressive Risk Scaling: Uses a token-based system (1, 2, 3, 4, 5...) to progressively increase position sizes at each entry level
Leverage Support: Accommodates leverage up to 50x with proper margin calculations
Visual Entry Planning: Shows entry zone and levels, target price, and stop loss levels with extended lines
Comprehensive Risk Table: Detailed breakdown of each entry with position values and margin requirements

How It Works:

Add your parameters in settings
Define primary entry, final entry, target, and stop loss prices
Choose number of limit orders (2-8)
The indicator calculates distributed entry prices with progressive position sizing
Each subsequent entry receives more "risk tokens" resulting in larger position sizes

Use Cases:

Planning DCA (Dollar Cost Averaging) strategies
Risk management for leveraged positions
Visualizing multi-entry trading setups

This script is for educational purposes to aid the understanding progressive scaling

⚠️ Development Status:
This script is actively being developed and may contain bugs or calculation errors.

Always:

Verify all calculations manually
Test thoroughly on paper trades first
Consult with financial professionals if in doubt
Never risk more than you can afford to lose

Feedback Welcome:
As this is a development version, user feedback and suggestions for improvements are appreciated.

This indicator is for educational and planning purposes only. Not financial advice.