This feature helps traders estimate potential outcomes for long or short orders by displaying Profit & Loss (PnL), risk assessment, and projected account balance when prices hit profit targets or stop-loss levels.
👉 Master these tools risk-free before committing real capital—ideal for practicing strategies without financial exposure.
Calculate Position Size and Account Balance
Create a Drawing:
- Select Long Position or Short Position from your chart tools.
Set Parameters:
In the properties dialog, input:
- Initial account size.
- Risk amount (absolute or % of account).
- Lot size (optional).
View Results:
Drawing tags display:
- Position size (1).
- Account balance at Take Profit (2) or Stop Loss (3).
Position Size and Account Balance Formulas
Long Position
| Metric | Formula |
|--------|---------|
| Position Size | Qty = (RiskSize / ((EntryPrice – StopPrice) * Point value)) / Lot Size |
| Balance at Take Profit | Amount = AccountSize + (ProfitLevel – EntryPrice) * Qty * Point value * Lot Size |
| Balance at Stop Loss | Amount = AccountSize – (EntryPrice – StopLevel) * Qty * Point value * Lot Size |
Short Position
| Metric | Formula |
|--------|---------|
| Position Size | Qty = (RiskSize / ((StopPrice – EntryPrice) * Point Value)) / Lot Size |
| Balance at Take Profit | Amount = AccountSize + (EntryPrice – ProfitLevel) * Qty * Point value * Lot Size |
| Balance at Stop Loss | Amount = AccountSize – (StopLevel – EntryPrice) * Qty * Point value * Lot Size |
Key Terms:
AccountSize: Initial account balance.RiskSize: Absolute risk or(Risk% / 100) * AccountSize.
Compact Mode for Minimalist Display
Enable Compact stats mode in settings to reduce on-chart clutter while retaining critical performance data.
👉 Optimize your trading workflow with streamlined visual feedback.
FAQs
1. Can I use these tools for demo trading?
Yes! They simulate real trades without financial risk—perfect for practice.
2. How accurate are the balance projections?
Projections assume no slippage or fees; actual results may vary slightly.
3. What’s the advantage of Compact mode?
It saves chart space while keeping essential metrics visible.
4. Do these tools support cryptocurrency trading?
Absolutely, provided your platform supports crypto derivatives.
5. How is risk size calculated for percentage-based inputs?
Formula: RiskSize = (Risk% / 100) * AccountSize.
6. Can I adjust lot sizes after placing a drawing?
Yes—edit properties anytime to refine calculations.
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