Category Trend  Published on 24/01/2024

DRKHASHIX Calculator on chart v2

An update for this algorithm is currently pending moderation. Please revisit this page shortly to access the algorithm's latest version.
Description

"Swiftly visualize trade volume calculations on your chart with our indicator – trade faster, trade smarter. Skip the time-consuming calculations and make quicker, more informed trading decisions.

 

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The DRKHASHIX Calculator is a cAlgo indicator designed to assist traders in risk management and decision-making. It provides suggestions for lot sizes based on the Average True Range (ATR) and Relative Strength Index (RSI).

Key Features:

  • Risk Percentage: Adjustable risk percentage for calculating lot sizes.
  • ATR Stoploss Multiplier: Determine the ATR multiplier for suggested stop-loss values.
  • Periods: Define the periods used in the calculation of ATR and RSI.
  • Stop Loss Pips: Set the desired stop-loss value in pips.

How It Works:

  1. ATR Suggestion: Provides suggested lot sizes based on the calculated ATR.
  2. Stop Loss Suggestions: Recommends lot sizes for different stop-loss values.
  3. RSI Information: Displays the RSI value and alerts for overbought or oversold conditions.
  4. time and spread 

Usage:

  1. Attach the indicator to your cAlgo chart.
  2. Adjust the parameters based on your risk tolerance and trading strategy.
  3. Interpret the suggestions for lot sizes, stop-loss, and RSI information.

Note: This indicator is a tool for risk management and decision support. It does not guarantee profits, and users should exercise their judgment when implementing suggested strategies.

"To download the extraordinary Dr. khashix, please visit the drkhashix.com."

 

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this is link: click here for sign up Vittaverse 


The author decided to hide the source code.
drkhashix's avatar
drkhashix

Joined on 12.02.2023

  • Distribution: Free
  • Language: C#
  • Trading platform: cTrader Automate
  • File name: drkhashix calculator.algo
  • Rating: 0
  • Installs: 536
  • Modified: 25/02/2024 23:36
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drkhashix · 8 months ago

I have added a new update for this indicator, it also shows the time and spread, and you can specify the right position for the display, since there are no likes or thank in messages, I will work less on this indicator.