SRRM - Simple Risk:Reward Management

📊 Simple Risk:Reward Management (SRRM)

🎯 A professional risk management tool with enhanced calculations, multilingual support, and comprehensive trading analysis for educational purposes.

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📋 OVERVIEW

The Simple Risk:Reward Management indicator provides comprehensive risk analysis and position sizing calculations for educational trading study. This enhanced tool features accurate P&L calculations, intelligent asset detection, and detailed multi-level entry analysis with professional table display and automatic dark mode detection.

Perfect for:

• Risk management education and portfolio analysis
  
• Trading plan visualization and backtesting study
  
• Multi-level position sizing calculations and research
  
• Risk-reward ratio analysis and educational purposes
  

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🚀 KEY FEATURES & ENHANCEMENTS

🌙 Intelligent Dark Mode Detection

• Automatic background color detection and adaptation
  
• Dynamic color scheme adjustment for optimal visibility
  
• Enhanced contrast for both light and dark themes
  
• Professional appearance across all chart backgrounds
  

📊 Enhanced Asset Detection System

• Intelligent auto-detection using syminfo.type for maximum accuracy
  
• Support for Forex, Gold, Oil, Bitcoin, Ethereum, Stocks, and Indices
  
• Specialized calculations for JPY pairs and major currency crosses
  
• CFD and Futures contract recognition with proper multipliers
  

💰 Real-Time Pip Value Calculation Engine

• Forex: 100,000 contract size for major pairs, specialized JPY calculations
  
• Gold: 100 oz contracts with $0.10 pip value
  
• Oil: 1,000 barrel contracts with $0.01 pip value
  
• Bitcoin: 1 BTC contracts with $1.00 pip value
  
• Ethereum: 10 ETH contracts with $1.00 pip value
  
• Stocks: 100 share lots with $0.01 pip value
  
• Indices: Point-based with $10 per point multiplier
  

🎯 Advanced Triple Entry System

• Independent entry, stop loss, and take profit for each of 3 levels
  
• Individual lot size configuration with weighted average calculations
  
• Comprehensive risk and reward analysis per level
  
• Real-time P&L updates based on current market prices
  

🌍 Bilingual Professional Interface

• Complete English and Vietnamese language support
  
• Professional trading terminology in both languages
  
• Cultural formatting appropriate for international markets
  
• Dynamic language switching with full translation
  

📈 Advanced Visualization Tools

• Professional table with 25 rows x 7 columns of detailed information
  
• Adaptive color scheme with automatic dark mode detection
  
• Optional horizontal price lines extending right from current bar
  
• Customizable line displays with independent controls for Entry, SL, TP
  

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📊 ENHANCED CALCULATION SYSTEM

Real-Time Exchange Rate Integration:

// Real-time pip value calculation with exchange rates
get_quote_currency_rate(quote_currency) =>
    switch quote_currency
        "USD" => 1.0
        "EUR" => request.security("EURUSD", "1D", close)
        "GBP" => request.security("GBPUSD", "1D", close)
        // Additional currency pairs...

Smart Asset Recognition:

// Enhanced asset detection logic
detect_asset_type() =>
    symbol = syminfo.ticker
    asset_type_info = syminfo.type
    if str.contains(symbol, "XAU") or str.contains(symbol, "GOLD")
        "Gold"
    else if asset_type_info == "crypto"
        "Crypto"
    // Additional detection logic...

Accurate P&L Formulas:

// Pip-based P&L calculation
calculate_pnl_from_pips(entry, exit, lot_size, is_buy) =>
    total_pips = calculate_pips(entry, exit)
    pip_value = calculate_pip_value(effective_asset_type, lot_size)
    is_profit = is_buy ? (exit > entry) : (exit < entry)
    total_pips * pip_value * (is_profit ? 1 : -1)

Risk Management Calculations:

• Maximum lot size based on account risk percentage and pip value
  
• Weighted average entry price across all levels
  
• Total risk and reward calculations in USD and percentage
  
• Risk-reward ratio with professional formatting
  

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🎨 PROFESSIONAL TABLE LAYOUT

Adaptive Design Features:

• Automatic dark mode detection and color adaptation
  
• Enhanced contrast ratios for better readability
  
• Professional color scheme with clear section separation
  
• Responsive design for all screen sizes and themes
  

Comprehensive Information Display:

• Date Header: Current day, month, year, and week information
  
• Asset Section: Auto-detected asset type with real-time pip value
  
• Account Summary: Balance, risk percentage, and position sizing
  
• Risk Analysis: Detailed stop loss scenarios for all 3 levels
  
• Reward Analysis: Comprehensive take profit projections
  
• Summary Totals: Combined pips and dollar amounts with ratios
  

Visual Design Features:

• Merged cells for clean header presentation
  
• Smart number formatting based on asset type
  
• Color-coded risk/reward sections
  
• Over-risk warning indicators
  

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⚙️ ADVANCED CUSTOMIZATION

Display Options:

• 9 table positioning options across the entire chart
  
• 5 text size levels from Tiny to Huge for optimal visibility
  
• Individual line controls for Entry, Stop Loss, and Take Profit levels
  
• Order type selection: BUY/SELL with LIMIT/STOP/MARKET options
  

Professional Controls:

• Asset type override for manual specification
  
• Account balance and risk percentage configuration
  
• Independent lot size settings for each entry level
  
• Real-time language switching without indicator restart
  

Smart Features:

• Automatic theme detection and adaptation
  
• Real-time pip value calculation with exchange rates
  
• Risk status monitoring with visual warnings
  
• Weighted average calculations across all entry levels
  

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⚠️ EDUCATIONAL & ANALYTICAL PURPOSE

This indicator is designed exclusively for educational analysis and risk management study.

📚 Educational Applications:

• Understanding professional risk management principles
  
• Studying position sizing methodologies across asset classes
  
• Analyzing risk-reward ratios in different market conditions
  
• Learning multi-level entry strategies and portfolio theory
  

📊 Analysis Capabilities:

• Risk assessment visualization and scenario planning
  
• Profit/loss projection modeling for educational purposes
  
• Position sizing optimization studies
  
• Multi-timeframe risk analysis and backtesting research
  

🚨 Important Disclaimer: This tool provides educational analysis only and does NOT generate trading signals or investment advice. All calculations are for learning purposes. Users must conduct independent research and consult financial professionals before making any investment decisions.

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🛠️ SETUP & CONFIGURATION

Quick Start Guide:

1. Add the indicator to your chart from the indicators library
   
2. Select your preferred language (English or Vietnamese)
   
3. Configure your account balance and desired risk percentage
   
4. Set up your 3 entry levels with corresponding stop losses and take profits
   
5. Adjust table position and text size for optimal viewing
   
6. Enable price lines if desired for visual reference
   

Advanced Configuration:

1. Choose specific asset type or use intelligent auto-detection
   
2. Configure order types and trade direction (BUY/SELL)
   
3. Fine-tune individual lot sizes for each entry level
   
4. Customize line displays and table positioning
   
5. Set up language preferences for your market region
   

Theme Optimization:

1. Indicator automatically detects your chart theme
   
2. Colors adapt for optimal contrast and readability
   
3. Manual adjustments not required for theme changes
   
4. Professional appearance maintained across all backgrounds
   

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🔧 TECHNICAL SPECIFICATIONS

Performance & Reliability:

• Pine Script v6 with optimized calculation engine
  
• Real-time updates with minimal CPU and memory usage
  
• No repainting or lookahead bias in calculations
  
• Stable performance across all timeframes and instruments
  

Universal Compatibility:

• Works with all TradingView chart types and instruments
  
• Compatible with mobile and desktop platforms
  
• Supports all timeframes from 1-second to monthly
  
• Cross-platform functionality with consistent behavior
  

Data Precision:

• High-precision floating-point calculations
  
• Asset-specific pip value computations with real-time rates
  
• Multi-currency support with live exchange rate updates
  
• Accurate contract size calculations for all supported assets
  

Advanced Features:

• Automatic chart background detection and color adaptation
  
• Real-time exchange rate integration for accurate pip values
  
• Smart risk management with over-exposure warnings
  
• Professional table layout with merged cells and sections
  

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📋 VERSION HISTORY

v4.9 - Enhanced Dark Mode & Real-Time Calculations

• Added intelligent dark mode detection system
  
• Implemented real-time exchange rate integration
  
• Enhanced P&L calculation accuracy for all asset types
  
• Improved color contrast and visibility
  
• Optimized performance and removed calculation warnings
  
• Added over-risk visual warning system
  

Previous Versions:

• v4.8 - Enhanced calculation engine and asset detection
  
• v4.4 - Professional table layout and bilingual support
  
• Earlier versions - Core functionality development
  

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Author: tohaitrieu
Version: 4.9
Category: Risk Management / Educational Analysis
Language Support: English, Vietnamese
License: Educational Use Only

This indicator is provided exclusively for educational and analytical purposes to help users understand risk management concepts and trading analysis. It features automatic theme adaptation and real-time calculations for the most accurate educational experience. It does not provide trading signals or investment advice. Always conduct thorough research and consider professional guidance before making financial decisions.