RiskManagerLibrary "RiskManager"
A library for risk management and position sizing calculations.
calc_position_size(account_size, risk_pct, entry_price, stop_loss)
Calculates the optimal position size (number of shares/contracts) based on account risk.
Parameters:
account_size (simple float) : The total account balance in your account currency (simple float).
risk_pct (simple float) : The percentage of the account to risk per trade (simple float, e.g., 1.0 for 1%).
entry_price (float) : The planned entry price for the trade (series float).
stop_loss (float) : The planned stop-loss price for the trade (series float).
Returns: The calculated position size (series float). Returns 0 if stop loss equals entry price to avoid division by zero.
Biblioteca Pine Script®
