Trading TP SL Risk Commission Calculator🎉 Introducing Your Trading TP SL Risk Commission Calculator! 🎉
Hey there, savvy trader! 🚀 Are you looking to enhance your trading game? Meet the Trading TP SL Risk Commission Calculator! This handy tool is here to guide you through the complexities of trading, providing insights into your potential risks and rewards. Let's walk through how you can leverage it for smarter trading decisions!
Setting Up 🛠
Let's get your calculator ready for action:
Lines and Labels Visibility: Flip this switch on to see your Entry, Take Profit (TP), Stop Loss (SL), and Liquidation points displayed on your chart. It's a great way to get a visual summary of your strategy.
Input Your Trade Details: Enter your Entry Price, Take Profit Price, and Stop Loss Price. These figures are crucial for mapping out your trade.
Order Info: Specify your Order Size in USD, the amount of Leverage you're using, and your platform's Commission Rate. This customizes the calculator to fit your unique trading setup.
Customizing Your View 🎨
Table Placement & Size: Pick the location and size for your results table to appear on your screen. Tailor it to your liking, whether you prefer it out of the way or front and center.
Deciphering Your Results 📊
With your inputs in place, the calculator springs into action. Here's what you'll find:
Risk Assessment (with Emojis!): Quickly gauge your risk level with our intuitive emoji system, ranging from "⛔️⛔️⛔️" (very high risk) to "✅✅✅" (very low risk).
Profit and Loss Insights: Understand your potential take-profit gains and stop-loss implications, both as percentages and in USD. We also factor in fees to give you a clear picture.
Liquidation Alert: For those using leverage, the liquidation price calculation is crucial to avoid unpleasant surprises.
Expert Tips 💡
Stay Flexible: Market conditions evolve, so should your strategy. Revisit and adjust your inputs regularly to stay aligned with your trading goals.
Risk Emoji Check: Keep an eye on your risk level emojis. A sea of "⛔️" might signal it's time to reassess your approach.
Use Visual Guides: The on-chart lines and labels offer a quick visual reference to how your current trade measures up against your TP, SL, and liquidation thresholds.
Dive In and Trade Smart! 🚦
This calculator isn't just about making calculations; it's about empowering you to make informed trading decisions. With this tool in your arsenal, you're equipped to navigate the trading waters with confidence and clarity.
FEES
Market Activity Risk"Market Activity Risk" (MAR) - Is a dynamic tool designed to structurize the competitive landscape of blockchain transaction blocks, offering traders a strategic edge in anticipating market movements.
By capturing where market participants are actively buying and selling, the MAR indicator provides insights into areas of high competition, allowing traders to make informed decisions and potentially front-run transactions.
At the heart of this tool are blockchain transaction fees , they can represent daily shifts in transaction fee pressures.
By measuring momentum in fees, we can analyze the urgency and competition among traders to have their transactions processed first. This indicator is particularly good at revealing potential support or resistance zones, areas where traders are likely to defend their positions or increase their stakes, thus serving as critical junctures for strategic decision-making.
Key Features:
Adaptable Standard Deviation Settings: Users have the flexibility to adjust the length of the standard deviation and its multipliers, managing the risk bands to their individual risk tolerance.
Color-Coded Risk Levels: The MAR indicator employs an intuitive color scheme, making it easy to interpret the data at a glance.
Multi-Currency Compatibility: While designed with Bitcoin in mind, the MAR indicator is versatile, functioning effectively across various cryptocurrencies including Ethereum, XRP, and several other major altcoins. This broad compatibility ensures that traders across different market segments can leverage the insights provided by this tool.
Customizable Moving Average: The 730-day moving average setting is thoughtfully chosen to reflect the nuances of a typical cryptocurrency cycle, capturing long-term trends and fluctuations. However, recognizing the diverse needs and perspectives of traders, the indicator allows for the moving average period to be modified.
Cost of SpreadAdd to a quote, set the current total transaction cost (i.e. Spread (%) to 0.04 if BTCUSDT binance future, Spread (base) 0.0001 if trading EURUSD with 1 pip net spread).
Both lines indicate the relative volatility corrected cost of trading (ATR as orange line, StdDev as cyan).
Plot Break-even PriceThis indicator simply plots your entry price and the break-even point (green line). Area between the entry price and the break-even point will “eat” you profit by exchange fees. You can use the green line to lock your break-even point. I do not recommend using this strategy for trading, because the entry logic is based on SMA crosses. However, this script could be used within you own strategy to plot the break-even point.
For example, there is 0.1% Maker fee and 0.1% Taker fee at Binance spot exchange. You need to sum up those two fees to calculate the break-even point. Every exit above/below the green line will guarantee a profit (in our case it means 0.2% above the entry price for long position and 0.2% below the entry price for short position).
Scripting Tutorial B - TManyMA - Commission/FeesThis script is for a triple moving average strategy where the user can select from different types of moving averages, price sources, lookback periods and resolutions.
Features:
- 3 Moving Averages with variable MA types, periods, price sources, resolutions and the ability to disable each individually.
- Crossovers are plotted on the chart with detailed information regarding the crossover (Ex: 50 SMA crossed over 200 SMA )
- Forecasting available for all three MAs. MA values are forecasted 5 values out and plotted as if a continuation to the MA.
- Forecast bias also applies to all forecasting. Bias means we can forecast based on an anticipated bullish , bearish or neutral direction in the market.
- To understand bias, please read the source code, or if you can't read the code just send me a message on here or Twitter . Twitter should be linked to my profile.
- Ribbons added and on by default. Optional setting to disable the ribbons. 5 ribbons between MA1 and MA2 and another 5 between MA2 and MA3.
- Ribbons are alpha-color coded based on their relation to their default MAs.
- Ribbons are only visible between MAs if the MAs being compared share the same Type, Resolution, and Source because there is no way to consolidate those three in a simple manner.
- Ribbon values are calculated based on calculated MA Periods between the MAs.
- Converted the existing study into a strategy.
- Strategy only enters long positions with a market order when MA crossovers occur.
- Strategy exits positions when crossunders occur.
- Trades 100% of the equity with one order/position by default.
- Ability to disable trading certain crosses with input checks.
- Ability to exit trades with a take profit or stop loss.
- User input to allow quick changes to the take profit or stop loss percentages.
- Strategy now calculates on every tick
- Strategy also includes fixed commission values based on Coinbase standard order fees
This script is meant as an educational script with well-formatted styling, and references for specific functions.
*** PLEASE NOTE - THIS STRATEGY IS MEANT FOR LEARNING PURPOSES. DEPENDING ON IT'S CONFIGURATION IT MAY OR MAY NOT BE USEFUL FOR ACTUAL TRADING. THE STRATEGY IS NOT FINANCIAL ADVICE ***
Break-Even Line - JDThis gives you a simple visual representation of fees implications.
This indicator can give you an insight of what timeframes are worth trading, and at what timeframes your profit will be "eaten by fees"
The indicator shows, how far price has to move from the last swing points (if you entered there) to break-even after fees
As long as you're 'in the red' you P/L after fees will be negative!!
The fees are added once for entry and once for exit, so you have to enter the fees per transaction
(eg in BitSeven this is 0.075%/trans for BTC and 0.151%/trans for ETH)
Of course this can be used for any market.
JD.
#NotTradingAdvice #DYOR
I build thes indicators for myself and provide them open source, to use for free to use and improve upon,
as I believe the best way to learn is toghether.
Estimate exchange/broker fee commission from trade volumeThis script is used to estimate how much an exchange/broker makes off a particular pair/symbol. If Coinbase(GDAX) has a 0.25% taker fee and a 0.15% maker fee per trade and you estimate the average commission fee at 0.19% then you simple input that, and how many periods you'd like to know the total fee for (30 periods on the 1 day chart = last 30 days, 28 periods on 4 hour chart = last 7 days, etc).
This is for broad estimates of a single pair and only works well on exchanges that show only the volume on that exchange (stock markets may be less useful for this tool).
THIS TOOL IS TO PROVIDE A BROAD ESTIMATE , NOT AN EXACT FIGURE!
// percentage fee rate is entered as a percent: 3.5=3.5%, not 350%.
// pbtc , the one for calculating the USD value of fees that are in bitcoin, uses the price at time fees were realized. IE chart is on
// 1 day interval and XBARFEE is set at 4, then PBTC gives the USD value as if the exchange sold all btc at the end of each day for
// 4 days. i.e.:
// Day 1: BTCUSD= $5000 fees=1.5, Day 2: BTCUSD = $5000 fees=3.0, Day 3 BTCUSD = $10,000 fees=1.0, Day 4 BTCUSD = $20,000 fees=1.0
// PBTC would NOT show (1.5+ 3 + 1 + 1) = 6.5 * $20k = $130,000. It would do: (1.5*5000)+(3*5000)... = $52,500.
