Micro/Mini P&L [LDT]

Overview

Micro/Mini P&L [LDT] is a risk and P&L visualization tool built primarily for futures traders.
It provides accurate dollar-based calculations for either micros or minis, regardless of which contract type you are currently charting.

The indicator automatically detects your instrument (NQ, MNQ, ES, MES, YM, RTY, CL, GC, etc.) and adjusts point-value data accordingly, allowing you to chart one contract while evaluating risk for another.
This removes the need for manual conversions and keeps your position data consistent at all times.

Although optimized for futures, the tool also works on any other asset for general trade-level visualization.

Features

• Automatic instrument detection for major futures markets including NQ/MNQ, ES/MES, YM/MYM, RTY/M2K, CL/MCL, GC/MGC and others.
Point-value logic adjusts instantly based on the detected symbol ensuring accurate calculations without manual configuration.

• Micro/Mini display toggle, allowing you to calculate dollar values for either contract type regardless of which contract is on your chart.
Useful for traders who prefer charting minis whilst trading micros or the opposite.

• Trade-level visualization, including Entry, Take Profit and Stop Loss levels with automatically drawn lines and optional TP/SL zone shading for clear and structured display on the chart.

• Dynamic P/L calculations, showing both point-based and dollar-based metrics in real time.
This includes TP/SL dollar values, points to target/stop, real-time P/L and an optional risk-reward ratio.

• Adaptive risk table, displaying contract counts from 1 up to your selected maximum, total dollar risk for each row and highlighting your chosen contract size.
This provides a straightforward method for evaluating risk, scaling and position sizing.

• Customizable display options, including color settings, label visibility, extension length, bar offsets and table positioning.
This allows the tool to remain clean, unobtrusive and easy to integrate into any chart layout.


Purpose

This tool is designed to give futures traders a clear, consistent and reliable way to view dollar-accurate risk per contract without performing manual conversions.
Whether you trade micros or minis, the displayed values always align with your selected contract type, even when charting the opposite market.