Position Size + Live R/R Panel — SMC/ICT

The Position Size + Live R/R Panel — SMC/ICT indicator is a professional-grade risk management tool designed for traders following Smart Money Concepts (SMC) and Inner Circle Trader (ICT) methodologies. It delivers precise position sizing, risk-to-reward (R:R) modeling, leverage projections, and fee-adjusted profit and loss (PnL) outcomes directly on the chart to ensure institutional-style trade planning.

Usage

The indicator functions as a comprehensive execution module. Traders can interact with the script through draggable level lines to model different trade scenarios in real-time.

• Risk Management: Set your account balance and desired risk percentage to automatically calculate the required position size.
• Direction Logic: Use the "Auto" mode to let the script detect trade direction based on the relative position of the Stop Loss and Entry, or manually lock it to "Long" or "Short".
• Scenario Modeling: Drag the Entry, TP, and SL lines to update the HUD panel instantly. This is particularly useful for scalpers and day traders needing quick adjustments during session volatility.
• Leverage Planning: View margin requirements across three customizable leverage presets to understand capital commitment before execution.

Details

The tool includes a sophisticated fee engine that models real-world exchange structures. Users can specify different fee rates for Maker and Taker orders and assign them to specific exit types (e.g., Taker for Stop Loss, Maker for Limit TP). This allows for a highly accurate "Net Profit" calculation that accounts for the "cost of doing business."

The visual interface includes a Heads-Up Display (HUD) table and dynamic chart tags. The tags provide percentage movement data from the entry point, which is essential for journaling SMC/ICT setups like Fair Value Gaps (FVG) or Order Block (OB) reactions.

Settings

Account & Risk

• Account Balance: The total capital used for risk calculations.
• Risk % Per Trade: The percentage of the account balance to risk on the trade.
• Min Position Step: Rounds the position size to the nearest increment (e.g., 0.01 for FX lots or 0.001 for Crypto).
• Direction Mode: Determines how the trade direction is identified (Auto, Long, or Short).

Levels (Draggable Lines)

• Entry Price: The price level for the trade entry.
• Target (TP): The price level for taking profit.
• Stop Loss: The price level for the stop loss.

Visual Style

• Show Projected Lines: Extends the level lines backwards and forwards for better visibility.
• Label Offset: Adjusts how far to the right the price tags appear.
• Line Width/Color: Customizes the visual appearance of the Entry, TP, and SL levels.

HUD Panel & Fees

• HUD Corner: Selects the chart corner where the data table is displayed.
• Leverage 1/2/3: Custom presets to calculate margin requirements.
• Maker/Taker Fee %: The percentage charged by the exchange per side.
• Fee Modes: Defines whether the entry or exit is calculated as a Maker or Taker order.

FAQ

How do I access the Position Size + Live R/R Panel — SMC/ICT? You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.

Can I use this for both Crypto and Forex? Yes, by adjusting the "Min Position Step" and "Fee" settings, you can model trade sizes and costs for any asset class, including Forex lots and Crypto perpetuals.

Does the script automatically execute trades? No, this is a calculation and planning tool. It provides the data needed for manual execution or for inputting into an automated execution system.