Long position

Why plan the trade on the chart

Professional traders size a position from the stop, not from conviction: the stop defines what you lose if you are wrong, and the quantity is chosen so that this loss is a fixed fraction of the account. The tool makes that calculation visible before the trade, and the reward relative to that risk.

How it works

risk per unit   = |entry − stop|
reward per unit = |target − entry|
R:R             = reward / risk
quantity        = account × risk % / risk per unit

• Default plan. When placed, the stop is set one ATR(14) away from the entry (at most a sixth of the visible price range, so the tool fits on screen), the target at twice that distance (R:R 2), and the right edge about 18% of the visible bars later (at least 12 bars). Drag any handle to adjust.
• Outcome. From the entry bar to the right edge, the position is filled when a bar trades at the entry price; after that, the first of the target or the stop to be reached closes it, and the status shows the result in percent of the entry.
• Same-bar ambiguity. When one bar reaches both the target and the stop, the chart cannot tell which came first; Oyticker counts it as stopped, the conservative assumption, and says so.

How to use it

1. Choose Projection & measure → Long position and click the entry price on the entry bar.
2. Drag the green handle to the target and the red handle to the stop; the tool keeps the target above and the stop below the entry. Drag the right edge to set how long the trade may last.
3. Open the options to set your account size and risk per trade in percent.

Limits

• Results assume fills exactly at the entry, stop and target prices. A gap through the stop fills at the opening price, which can be much worse; liquidity and slippage matter on fast markets.
• Commissions, financing and taxes are not included.
• A backward-looking result on one example says nothing about the expectancy of a method; test many cases before trusting a setup.