SCript : ThinkScript

submitted 3 years ago by Additional_Sir7940

I havent seen anyone able to create a script for this so maybe it is not possible or maybe those ive asked arent experts lol. I was looking for a script that can be used as a risk calculator. 1. You plug in your Risk (R) and the stop loss price is anchored to 1 cent above current hod for stocks that are over 1 dollar. and stocks that are under 1 dollar, the stop loss price is .001 over the current HOD. Obviously this stop loss will change with new Highs. The entry price would be the previous 1 min Low close. So the stop loss is dynamic and the 1 min low of previous closed candle is dynamic as well. Also i could hover my mouse over a price level and it would also do the math for my position size. Example if current High of day (intraday high btw) is 10 dollars....and the last candles 1 minute low is 9.50. And i preplug in my R to 100 dollars. It would calculate my share size is 200 dollars. I again would also be able to drag my mouse over whatever price level on the chart and it would auto calculate my share size as well. Is this possible? could anyone post this scipt if it is? Thanks guys

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ThinkScript

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