Binance Futures Position Calculator
Jericho
Position size calculator for trading futures on Binance. Automatically calculates position size for your trades, based on your current portfolio value and preferred risk. Especially useful for quick scalping, where you just enter your stop loss price, and the position size is automatically updated as the price changes! You can adjust your risk, taker and maker fees, % of your portfolio on the exchange and types of your entry/sl/tp orders. Binance Futures Position Calculator does not use API keys or login credentials, nor it interferes with your Binance account in any way. All the values are read directly from DOM and calculated on the fly. Happy trading! Usage ===== The position size calculation is done based on your Stop Loss value. Therefore, in order to use it, the **TP/SL checkbox has to be checked**. If the checkbox is not checked, the calculation is not performed. As soon as you have the **TP/SL checkbox checked** and Stop Loss value entered, position size gets calculated. Limit orders If you're using Limit orders, then you're required to input Stop Loss value and the Price (entry) value. The calculations are being made as soon as one of those 2 fields is changed. If the Take Profit amount is not entered, the position size and R:R is still calculated, but without the "reward" portion displated. When you enter Take Profit amount, the full calculation details with the reward details are being presented. Have in mind that the position calculator **only works when the TP/SL checkbox is checked**, because the risk can only be calculated when you define your Stop Loss value. Market orders When using market orders, only Stop Loss value has to be set. The plugin will read the current asset value from the page, and update the Position Size as soon as it changes. This is particularly useful for quick scalps when you want to be able to quickly enter the trade. Have in mind that the position calculator **only works when the TP/SL checkbox is checked**, because the risk can only be calculated when you define your Stop Loss value. Options ======= **Extension ON/OFF** - Turning the extension ON or OFF **Set position size automatically** - Set the position size automatically into the position size input field. If turned off, calculation will be logged only onto the log window (if the Logger window setting is turned ON) **Max risk (on a trade) %** - maximum percentage risk on each trade - percent values used **Taker fee %** - your current Taker fee - used only for display purposes in the log window, taker/maker fees not included in the position calculation **Maker fee %** - your current Maker fee - used only for display purposes in the log window, taker/maker fees not included in the position calculation **Portfolio % on exchange** - if you're keeping only a portion of your portfolio on the exchange (for security reasons), set this setting to the percent of the portfolio on the exchange. This way the position size will match your full portfolio, instead being calculated off the funds available on the exchange **Entry order type** - used to display entry fee in the log window **Take Profit order type** - used to display take profit fee in the log window **Stop loss order type** - used to display stop loss fee in the log window **Hide PNL on active position** - hides the current PNL in Active positions tab. Have in mind that the PNL might still be shown on the chart, if using TradingView charts **Prevent market buy without SL** - Prevents you from executing a Market order if the Stop Loss is not defined **Logger window ON/OFF** - the yellow log window with calculation details can be be hidden, but the position size will still be set automatically Source Code ========== https://github.com/jericho1338/binance-position-calculator # Disclaimer ============ Last updated: March 15, 2022 # Interpretation and Definitions Interpretation The words of which the initial letter is capitalized have meanings defined under the following conditions. The following definitions shall have the same meaning regardless of whether they appear in singular or in plural. Definitions For the purposes of this Disclaimer: - Company (referred to as either "the Company", "We", "Us" or "Our" in this Disclaimer) refers to Binance Futures Position Calculator. - Service refers to the Application. - You means the individual accessing the Service, or the company, or other legal entity on behalf of which such individual is accessing or using the Service, as applicable. - Application means the software program provided by the Company downloaded by You on any electronic device named Binance Futures Position Calculator. # Disclaimer The information contained on the Service is for general information purposes only. The Company assumes no responsibility for errors or omissions in the contents of the Service. In no event shall the Company be liable for any special, direct, indirect, consequential, or incidental damages or any damages whatsoever, whether in an action of contract, negligence or other tort, arising out of or in connection with the use of the Service or the contents of the Service. The Company reserves the right to make additions, deletions, or modifications to the contents on the Service at any time without prior notice. This Disclaimer has been created with the help of the [Disclaimer Template](https://www.termsfeed.com/blog/sample-disclaimer-template/). The Company does not warrant that the Service is free of viruses or other harmful components. # External Links Disclaimer The Service may contain links to external websites that are not provided or maintained by or in any way affiliated with the Company. 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