Description

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.

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.