OPEN-SOURCE SCRIPT
Share Size Finder
Enter your target gain and return timeframe to calculate how many shares to buy and the price you’ll need to sell at to meet that goal.
The return timeframe is based on how many candles (based on the ATR) it may take to reach your exit price. I use 2 for scalping.
The table shows the total cost of buying that share amount at the current price—useful for managing account risk, especially for cash accounts or those under PDT rules.
A chart of the exit price is also included to help you compare with projections like Fibonacci extensions.
The return timeframe is based on how many candles (based on the ATR) it may take to reach your exit price. I use 2 for scalping.
The table shows the total cost of buying that share amount at the current price—useful for managing account risk, especially for cash accounts or those under PDT rules.
A chart of the exit price is also included to help you compare with projections like Fibonacci extensions.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.