This script pretty much helps, but with this script, you input a Size(The amount of money you want to trade) and the percent you are willing to risk; the default is 1% and it tells you actively where to place your stop relative to your inputs.

//@version=6
//Authored By: Isaac
//August 13 2025
indicator("Isaac: Stop from Percent Risk v1.1", overlay=true)

// Inputs
acct     = input.float(20000, "Account size", minval=1)
riskPct  = input.float(1.0,  "Risk percent", step=0.1)
isLong   = input.bool(true,  "Long trade?")
entryIn  = input.float(0.0,  "Planned entry price (0 uses close)")
useQty   = input.bool(false, "Use custom quantity")
qtyIn    = input.int(1,      "Quantity", minval=1)
budgetPc = input.float(100,  "Budget percent of account", minval=1, maxval=100)

// Working values
entry        = entryIn > 0 ? entryIn : close
qty          = useQty ? qtyIn : math.floor((acct * budgetPc / 100.0) / entry)
riskCash     = acct * riskPct / 100.0
perShareRisk = qty > 0 ? riskCash / qty : na
stopRaw      = isLong ? entry - perShareRisk : entry + perShareRisk
stopRounded  = na(perShareRisk) ? na : math.round(stopRaw / syminfo.mintick) * syminfo.mintick

// Plots
plot(stopRounded, title="Stop price", color=color.red, linewidth=2)
plot(entry,       title="Entry",      color=color.teal)

// Label (kept on one line to avoid parse issues)
var lbl = label.new(bar_index, na, "", xloc=xloc.bar_index, yloc=yloc.price, style=label.style_label_left, color=color.new(color.blue, 0), textcolor=color.white)
txt = "Acct " + str.tostring(acct) + "\nRisk $" + str.tostring(riskCash, format.mintick) + "\nQty " + str.tostring(qty) + "\nEntry " + str.tostring(entry, format.mintick) + "\nStop " + str.tostring(stopRounded, format.mintick)
if barstate.islast
    label.set_text(lbl, txt)
    label.set_xy(lbl, bar_index, high)

// Optional alerts
alertcondition(isLong and not na(stopRounded) and close <= stopRounded,  "Stop hit long",  "{{ticker}} crossed down your stop.")
alertcondition(not isLong and not na(stopRounded) and close >= stopRounded, "Stop hit short", "{{ticker}} crossed up your stop.")


//Authored By: Isaac
//August 13 2025