This indicator marks forex trading sessions and opening ranges on the price chart. It can draw Sydney, Tokyo, Frankfurt, London, and New York session boxes or five- and fifteen-minute opening ranges, plus an optional opening channel and a day-open range. Day r
Indicator · Pine Script v6 · On the chart
Risk Manager Template
This overlay indicator estimates position size from account equity, a per-trade risk percentage, and a chosen stop distance.
GitHub stars218on the repository
Pine versionv6current
Lines of code190
Settings18inputs
LicenceNone stated
Last update3 months ago23 Jul 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Stops can use ATR, a percent of price, fixed points, or a swing high or low. It derives stop and optional take-profit prices from a risk-reward ratio, including an optional partial target, and switches calculations between long and short. A table and plotted price levels show the results. It does not place orders or manage exits.
- ATR, percent, points, or swing stops
- Risk-based position sizing
- Risk-reward and partial take profit
- Long or short calculation toggle
- Risk table and price levels
Details
Published by
TradersPost on GitHub
Type
Indicator, Pine Script v6
Draws
On the price chart
Category
Volatility & bands, Support & resistance, Screeners & dashboards
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Account Size ($) | float | 10000 | accountSize |
| Risk Per Trade (%) | float | 1.0 | riskPercent |
| Max Daily Risk (%) | float | 3.0 | maxDailyRisk |
| Stop Loss Type | string | ATR | stopType |
| ATR Multiplier | float | 2.0 | atrMultiplier |
| ATR Length | int | 14 | atrLength |
| Stop Loss % | float | 2.0 | stopPercent |
| Stop Points | float | 50 | stopPoints |
| Swing Lookback | int | 10 | swingLookback |
| Use Take Profit | bool | true | useTP |
| Risk:Reward Ratio | float | 2.0 | rrRatio |
| Use Partial Take Profit | bool | false | usePartialTP |
Show all 18 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Close % at TP1 | float | 50 | partialTPPercent |
| TP1 R:R | float | 1.0 | partialRR1 |
| Long Position | bool | true | isLong |
| Show Risk Table | bool | true | showTable |
| Show Price Levels | bool | true | showLevels |
| Table Position | string | top_right | tablePosition |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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