Position Calculator

This indicator, named "Uptrick: Position Calculator," is designed to help traders calculate and visualize their trading position metrics directly on the TradingView chart. Here's a breakdown of its functionality and the logic it follows:

Indicator Declaration:

The indicator is defined to overlay on the price chart, allowing users to see their position metrics alongside the price action.
User Inputs:

Entry Price: The price at which the trader enters a position.
Take Profit Price: The price at which the trader plans to exit for a profit.
Stop Loss Price: The price at which the trader plans to exit to limit a loss.
Risk Amount: The amount of money the trader is willing to risk on the trade.
Table Position: The position on the chart where the table displaying the metrics will be placed. Options include top left, top right, bottom left, bottom right, and middle center.
Border Color and Width: The appearance settings for the table border.
Table Creation:

A table is created on the chart at the specified position. This table will display the calculated metrics in a structured format.
Calculations:

Quantity (Qty): The number of units (e.g., shares) to be bought or sold, calculated by dividing the risk amount by the difference between the entry price and the stop loss price.
Potential Profit: The potential gain if the take profit price is reached, calculated by multiplying the difference between the take profit price and the entry price by the quantity.
Potential Loss: The potential loss if the stop loss price is reached, calculated by multiplying the difference between the entry price and the stop loss price by the quantity.
Risk/Reward Ratio: The ratio of potential profit to potential loss, helping the trader assess the attractiveness of the trade.
Break-even Percentage: The percentage movement needed in the trader's favor to break even, calculated based on the entry price, stop loss price, and take profit price.
Table Update Function:

A function is defined to update the table with the calculated values. This function ensures that each metric is displayed in its appropriate cell with headers and formatted values.
Initial Table Update:

The table is initially updated when the first bar of the chart is processed, ensuring that the metrics are displayed from the beginning.
Dynamic Table Updates:

The table is continuously updated with each new bar, ensuring that the displayed metrics are always current and reflect any changes in the input values.
Overall, this indicator provides a comprehensive tool for traders to calculate key metrics of their positions, helping them make informed decisions about their trades. It visually organizes these metrics in a table overlay on the chart, making it easy to monitor and analyze the risk and reward of each trade.