OPEN-SOURCE SCRIPT

Risk Tracker

Por bailey15corner
Atualizado
This Risk Tracker Pine Script provides traders with a customizable tool for tracking and managing trade risk directly on their chart. The script is designed to accommodate both futures and crypto trades, allowing you to monitor risk and reward parameters, adjust contract sizes, and manage leverage in real-time.

Key Features:
1. Trade Direction and Risk-Reward Ratio:
• Select between Long or Short trade directions.
• Set a custom Risk-Reward Ratio (RRR) to calculate potential profit and loss levels based on your trade setup.
2. Customizable Parameters:
• Input fields for contract size, leverage, margin, and maximum drawdown allow you to adjust the risk settings depending on the market you are trading.
• You can toggle between using a dollar-based or percentage-based risk calculation depending on whether you’re trading futures (USD-based) or crypto.
3. Real-time Stop-Loss and Take-Profit Calculation:
• The script automatically calculates and draws the Stop-Loss (SL) and Take-Profit (TP) levels on the chart based on your entry price and selected risk settings.
• The color of the SL and TP lines is customizable, allowing you to visually distinguish profit and loss levels.
4. Historical Price Levels:
• If there is no active trade, the script scans historical price data to find the last instances when the price hit the predefined stop-loss or take-profit levels, helping you understand past price behavior.
5. Risk Management Table:
• A summary table is displayed on the chart, showing the key metrics of your trade, including:
• Tick value and Dollar value for futures.
• Margin and Leverage for crypto.
• Risk-Reward Ratio, Entry price, Risk and Profit in USD or percentage terms.
• The table dynamically updates based on the current trade status.
6. Extended Chart Visualization:
• Option to extend the SL and TP lines to the left of the chart, allowing you to easily view these levels across multiple timeframes and bars.

This script helps ensure you are always aware of your trade’s risk profile, providing a clear and visual representation of potential profit and loss, both in terms of percentage and dollar value. Ideal for futures and crypto traders who rely on precise risk management to maintain profitability.
Notas de Lançamento
Fixed error with short position lines and fixed info for tick and contract
Notas de Lançamento
The "Risk Tracker (Futures/Crypto)" Pine Script indicator is a versatile tool designed to aid traders in managing their positions in both futures and cryptocurrency markets. It consolidates crucial trading inputs into distinct groups, allowing for streamlined navigation and efficient management directly through the trading chart interface. Below is an overview of each group within the indicator, explaining the functionalities and intended use of the categorized settings:

### 1. Management Group
This group contains settings that directly influence how trades are managed and visualized on the chart:
- **Trade Direction:** Allows traders to specify whether they are entering a long or short position. This choice determines how other calculations like profit and loss are visualized.
- **Risk Reward Ratio (RRR):** Traders can define their desired ratio to automatically calculate potential profit levels relative to their defined risk.
- **Trade Active?:** A toggle that enables or disables the application of the script's trading features. When active, the script considers the trade open and applies the defined parameters to the chart.
- **Price of Entry:** Sets the specific entry price for the trade, which is used as a reference point for calculating potential gains and setting stop-loss and take-profit levels.

### 2. Futures Group
This group is tailored to traders dealing specifically with futures contracts, providing tools to set the scale and risk of trades:
- **Number of Contracts:** Determines how many contracts the trader is dealing with, directly impacting the exposure and potential profit or loss.
- **Stop Loss Amount ($):** Sets the dollar amount the trader is willing to lose, defining the stop-loss level for the futures contracts.

### 3. Crypto Group
Focused on cryptocurrency traders, this group offers inputs to manage the financial aspects of trading digital assets:
- **Margin ($):** The amount of money put down as collateral for the trade, which influences the maximum position size and level of leverage.
- **Leverage:** Defines how much the trader can amplify their buying power, a common practice in crypto trading that increases both potential returns and risks.
- **Stop Loss Amount ($):** Similar to the futures group, this sets a dollar limit on potential losses for the position, tailored to the volatility and specifics of the cryptocurrency market.

### 4. Styling Group
This group allows customization of the visual representation of the trading information on the chart:
- **Entry Color:** Chooses the color used to mark the entry price on the chart, helping traders quickly locate their starting position.
- **Take Profit (TP) Color:** Sets the color for the take-profit level, making it stand out for easy monitoring.
- **Stop Loss (SL) Color:** Defines the color for the stop-loss level, crucial for quick recognition during fast-moving market conditions.
- **Extend Left?:** A toggle that decides whether to extend the display of trading levels to the left side of the chart for better visibility across different time frames.

Each group is designed to segment the script's inputs logically, making it easier for traders to quickly adjust settings relevant to their trading style and market conditions.
Notas de Lançamento
The "Risk Tracker (Futures/Crypto)" Pine Script indicator is a versatile tool designed to aid traders in managing their positions in both futures and cryptocurrency markets. It consolidates crucial trading inputs into distinct groups, allowing for streamlined navigation and efficient management directly through the trading chart interface. Below is an overview of each group within the indicator, explaining the functionalities and intended use of the categorized settings:

  1. Management

    This group contains settings that directly influence how trades are managed and visualized on the chart:
    Trade Direction: Allows traders to specify whether they are entering a long or short position. This choice determines how other calculations like profit and loss are visualized.
    Risk Reward Ratio (RRR): Traders can define their desired ratio to automatically calculate potential profit levels relative to their defined risk.
    Trade Active?: A toggle that enables or disables the application of the script’s trading features. When active, the script considers the trade open and applies the defined parameters to the chart.
    Price of Entry: Sets the specific entry price for the trade, which is used as a reference point for calculating potential gains and setting stop-loss and take-profit levels.
  2. Futures

    This group is tailored to traders dealing specifically with futures contracts, providing tools to set the scale and risk of trades:
    Number of Contracts: Determines how many contracts the trader is dealing with, directly impacting the exposure and potential profit or loss.
    Stop Loss Amount ($): Sets the dollar amount the trader is willing to lose, defining the stop-loss level for the futures contracts.
  3. Crypto

    Focused on cryptocurrency traders, this group offers inputs to manage the financial aspects of trading digital assets:
    Margin ($): The amount of money put down as collateral for the trade, which influences the maximum position size and level of leverage.
    Leverage: Defines how much the trader can amplify their buying power, a common practice in crypto trading that increases both potential returns and risks.
    Stop Loss Amount ($): Similar to the futures group, this sets a dollar limit on potential losses for the position, tailored to the volatility and specifics of the cryptocurrency market.
  4. Styling

    This group allows customization of the visual representation of the trading information on the chart:
    • Entry Color: Chooses the color used to mark the entry price on the chart, helping traders quickly locate their starting position.
    • Take Profit (TP) Color: Sets the color for the take-profit level, making it stand out for easy monitoring.
    • Stop Loss (SL) Color: Defines the color for the stop-loss level, crucial for quick recognition during fast-moving market conditions.
    • Extend Left?: A toggle that decides whether to extend the display of trading levels to the left side of the chart for better visibility across different time frames.
Notas de Lançamento
This is a versatile tool designed to aid traders in managing their positions in both futures and cryptocurrency markets. It consolidates crucial trading inputs into distinct groups, allowing for streamlined navigation and efficient management directly through the trading chart interface. Below is an overview of each group within the indicator, explaining the functionalities and intended use of the categorized settings:

  1. ManagementThis group contains settings that directly influence how trades are managed and visualized on the chart:Trade Direction: Allows traders to specify whether they are entering a long or short position. This choice determines how other calculations like profit and loss are visualized.
    Risk Reward Ratio (RRR): Traders can define their desired ratio to automatically calculate potential profit levels relative to their defined risk.
    Trade Active?: A toggle that enables or disables the application of the script’s trading features. When active, the script considers the trade open and applies the defined parameters to the chart.
    Price of Entry: Sets the specific entry price for the trade, which is used as a reference point for calculating potential gains and setting stop-loss and take-profit levels.
  2. FuturesThis group is tailored to traders dealing specifically with futures contracts, providing tools to set the scale and risk of trades:Number of Contracts: Determines how many contracts the trader is dealing with, directly impacting the exposure and potential profit or loss.
    Stop Loss Amount ($): Sets the dollar amount the trader is willing to lose, defining the stop-loss level for the futures contracts.
  3. CryptoFocused on cryptocurrency traders, this group offers inputs to manage the financial aspects of trading digital assets:Margin ($): The amount of money put down as collateral for the trade, which influences the maximum position size and level of leverage.
    Leverage: Defines how much the trader can amplify their buying power, a common practice in crypto trading that increases both potential returns and risks.
    Stop Loss Amount ($): Similar to the futures group, this sets a dollar limit on potential losses for the position, tailored to the volatility and specifics of the cryptocurrency market.
  4. StylingThis group allows customization of the visual representation of the trading information on the chart:
    • Entry Color: Chooses the color used to mark the entry price on the chart, helping traders quickly locate their starting position.
    • Take Profit (TP) Color: Sets the color for the take-profit level, making it stand out for easy monitoring.
    • Stop Loss (SL) Color: Defines the color for the stop-loss level, crucial for quick recognition during fast-moving market conditions.
    • Extend Left?: A toggle that decides whether to extend the display of trading levels to the left side of the chart for better visibility across different time frames.
Notas de Lançamento
This is a versatile tool designed to aid traders in managing their positions in both futures and cryptocurrency markets. It consolidates crucial trading inputs into distinct groups, allowing for streamlined navigation and efficient management directly through the trading chart interface. Below is an overview of each group within the indicator, explaining the functionalities and intended use of the categorized settings:
  1. ManagementThis group contains settings that directly influence how trades are managed and visualized on the chart:Trade Direction: Allows traders to specify whether they are entering a long or short position. This choice determines how other calculations like profit and loss are visualized.
    Risk Reward Ratio (RRR): Traders can define their desired ratio to automatically calculate potential profit levels relative to their defined risk.
    Trade Active?: A toggle that enables or disables the application of the script’s trading features. When active, the script considers the trade open and applies the defined parameters to the chart.
    Price of Entry: Sets the specific entry price for the trade, which is used as a reference point for calculating potential gains and setting stop-loss and take-profit levels.
  2. FuturesThis group is tailored to traders dealing specifically with futures contracts, providing tools to set the scale and risk of trades:Number of Contracts: Determines how many contracts the trader is dealing with, directly impacting the exposure and potential profit or loss.
    Stop Loss Amount ($): Sets the dollar amount the trader is willing to lose, defining the stop-loss level for the futures contracts.
  3. CryptoFocused on cryptocurrency traders, this group offers inputs to manage the financial aspects of trading digital assets:Margin ($): The amount of money put down as collateral for the trade, which influences the maximum position size and level of leverage.
    Leverage: Defines how much the trader can amplify their buying power, a common practice in crypto trading that increases both potential returns and risks.
    Stop Loss Amount ($): Similar to the futures group, this sets a dollar limit on potential losses for the position, tailored to the volatility and specifics of the cryptocurrency market.
  4. StylingThis group allows customization of the visual representation of the trading information on the chart:
    • Entry Color: Chooses the color used to mark the entry price on the chart, helping traders quickly locate their starting position.
    • Take Profit (TP) Color: Sets the color for the take-profit level, making it stand out for easy monitoring.
    • Stop Loss (SL) Color: Defines the color for the stop-loss level, crucial for quick recognition during fast-moving market conditions.
    • Extend Left?: A toggle that decides whether to extend the display of trading levels to the left side of the chart for better visibility across different time frames.
Notas de Lançamento
This is a versatile tool designed to aid traders in managing their positions in both futures and cryptocurrency markets. It consolidates crucial trading inputs into distinct groups, allowing for streamlined navigation and efficient management directly through the trading chart interface. Below is an overview of each group within the indicator, explaining the functionalities and intended use of the categorized settings:

Management
  • This group contains settings that directly influence how trades are managed and visualized on the chart:
  • Trade Direction: Allows traders to specify whether they are entering a long or short position. This choice determines how other calculations like profit and loss are visualized.
  • Risk Reward Ratio (RRR): Traders can define their desired ratio to automatically calculate potential profit levels relative to their defined risk.
  • Trade Active?: A toggle that enables or disables the application of the script’s trading features. When active, the script considers the trade open and applies the defined parameters to the chart.
  • Price of Entry: Sets the specific entry price for the trade, which is used as a reference point for calculating potential gains and setting stop-loss and take-profit levels.


Futures
This group is tailored to traders dealing specifically with futures contracts, providing tools to set the scale and risk of trades:
  • Number of Contracts: Determines how many contracts the trader is dealing with, directly impacting the exposure and potential profit or loss.
  • Stop Loss Amount ($): Sets the dollar amount the trader is willing to lose, defining the stop-loss level for the futures contracts.


Crypto
Focused on cryptocurrency traders, this group offers inputs to manage the financial aspects of trading digital assets:
  • Margin ($): The amount of money put down as collateral for the trade, which influences the maximum position size and level of leverage.
  • Leverage: Defines how much the trader can amplify their buying power, a common practice in crypto trading that increases both potential returns and risks.
  • Stop Loss Amount ($): Similar to the futures group, this sets a dollar limit on potential losses for the position, tailored to the volatility and specifics of the cryptocurrency market.


Styling
This group allows customization of the visual representation of the trading information on the chart:
  • Entry Color: Chooses the color used to mark the entry price on the chart, helping traders quickly locate their starting position.
  • Take Profit (TP) Color: Sets the color for the take-profit level, making it stand out for easy monitoring.
  • Stop Loss (SL) Color: Defines the color for the stop-loss level, crucial for quick recognition during fast-moving market conditions.
  • Extend Left?: A toggle that decides whether to extend the display of trading levels to the left side of the chart for better visibility across different time frames.
Notas de Lançamento
This is a versatile tool designed to aid traders in managing their positions in both futures and cryptocurrency markets. It consolidates crucial trading inputs into distinct groups, allowing for streamlined navigation and efficient management directly through the trading chart interface. Below is an overview of each group within the indicator, explaining the functionalities and intended use of the categorized settings:

Management
This group contains settings that directly influence how trades are managed and visualized on the chart:
  • Trade Direction: Allows traders to specify whether they are entering a long or short position. This choice determines how other calculations like profit and loss are visualized.
  • Risk Reward Ratio (RRR): Traders can define their desired ratio to automatically calculate potential profit levels relative to their defined risk.
  • Trade Active?: A toggle that enables or disables the application of the script’s trading features. When active, the script considers the trade open and applies the defined parameters to the chart.
  • Price of Entry: Sets the specific entry price for the trade, which is used as a reference point for calculating potential gains and setting stop-loss and take-profit levels.


Futures
This group is tailored to traders dealing specifically with futures contracts, providing tools to set the scale and risk of trades:
  • Number of Contracts: Determines how many contracts the trader is dealing with, directly impacting the exposure and potential profit or loss.
  • Stop Loss Amount ($): Sets the dollar amount the trader is willing to lose, defining the stop-loss level for the futures contracts.


Crypto
Focused on cryptocurrency traders, this group offers inputs to manage the financial aspects of trading digital assets:
  • Margin ($): The amount of money put down as collateral for the trade, which influences the maximum position size and level of leverage.
  • Leverage: Defines how much the trader can amplify their buying power, a common practice in crypto trading that increases both potential returns and risks.
  • Stop Loss Amount ($): Similar to the futures group, this sets a dollar limit on potential losses for the position, tailored to the volatility and specifics of the cryptocurrency market.


Styling
This group allows customization of the visual representation of the trading information on the chart:
  • Entry Color: Chooses the color used to mark the entry price on the chart, helping traders quickly locate their starting position.
  • Take Profit (TP) Color: Sets the color for the take-profit level, making it stand out for easy monitoring.
  • Stop Loss (SL) Color: Defines the color for the stop-loss level, crucial for quick recognition during fast-moving market conditions.
  • Extend Left?: A toggle that decides whether to extend the display of trading levels to the left side of the chart for better visibility across different time frames.
Notas de Lançamento
Update table settings
Notas de Lançamento
Fix small bugs
Portfolio management

Script de código aberto

No verdadeiro espírito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam compreendê-lo e analisá-lo. Parabéns ao autor! Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações é regida pelas Regras da Casa. Você pode favoritá-lo para usá-lo em um gráfico.

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