Braamskis Shares Position Sizer

Built by Braamskis, included with TQE membership.

Overview

A live position-size calculator that answers the only question that matters before you press the button: how many shares?

It sizes off the low of day as the stop, converts your risk percentage into a dollar figure, and divides. Six numbers, updating tick by tick.

The panel sits in its own pane below price. Everything recalculates as price moves.

It draws in a separate pane, not on the chart — so it never covers price action.

What the panel shows

Worked example

From the chart above — a $100,000 account at 2% risk:

Every figure follows from the two above it. Nothing is hidden.

The stop is the low of day

That’s the model, and it’s worth being explicit about because it constrains everything.

This sizer assumes you’re long and your stop is the day’s low. It doesn’t ask you where your stop is — it reads it from the chart. That makes it fast and removes a decision, which is the point, but it also means the tool only fits a strategy where the LOD is your invalidation.

If your stop is a moving average, a prior pivot, or a fixed percentage, the share count here won’t match your plan.

LOD Dist % is the row people skip

It’s the most useful number in the panel.

It expresses the distance to your stop as a percentage of the average daily range. In the example it reads 29.61% — the stop sits about a third of a typical day’s movement away.

A very low reading is a warning, not a gift. Price sitting a few cents above the low of day produces an enormous share count, because the maths divides by a tiny number. That isn’t a great entry — it’s an entry with no room.

Risk tiers

By default you set one Risk % per Trade and it applies to everything.

Switch on Setup Tier Presets and you get three, which override that number:

The idea is that conviction should change size, and it should change it by a rule rather than a mood. An A+ setup gets four times the risk of a B — decided in advance, in the settings, rather than in the moment with the order ticket open.

All three percentages are adjustable.

Two things to watch

The position size is not capped by your buying power. In the worked example, a $100,000 account produces a $164,369 position — 1.6× equity, because the stop was tight enough that 2% risk bought that many shares. The calculator sizes purely from risk; it doesn’t know or care what you can actually afford. Check the position size row, not just the share count.

Historical readings aren’t what you’d have seen live. The panel always reads the session’s true low, which is correct for a live tool — right now, the low of day is the low of day. But scroll back and the panel shows each day’s eventual low, including moves that hadn’t happened yet at that point in the session. Use it in real time. Don’t study it historically and conclude anything about what the numbers would have been.

Settings

FAQ