MTP Risk/Reward

The MTP Risk Reward Script allows the user to Calculate the correct Position Sizing at the entry Bar and Stop Bar. Where the user grabs and drags the Script to the entry and stop bars. Position Sizing is then calculated using an Account Size and %Risk, both of these can be changed in the Script Parameters.

The user can also grab and drag a target price at which the Profit, in both Currency and Risk/Rearward multiples, is then calculated and shown on the chart.

This is useful for helping users setup their own manual trade setups.

There is a risk in Trading and Investing. Losses can and will unfold.

The script is available as an “invite-only” script, as part of the MTPredictor suite of tools on Trading View.

To obtain access, please go to the web page in our signature that appears below.