Binance Utilities: A Helpful Extension for Position Size Calculation
Binance Utilities is a free Chrome extension developed by Mike. Categorized under Browsers and Add-ons & Tools, this extension aims to assist traders in calculating their position size based on the stop-loss price on the chart and their maximum risk.
Please note that this extension is still under development, and bugs are expected. It is crucial to thoroughly review your orders before placing them to ensure accuracy.
Using Binance Utilities is a straightforward process. First, install the extension on your Chrome browser. Then, navigate to Derivatives > USD futures. Select the TradingView chart and hold the shift key while moving the cursor over the chart to see the stop-loss price being adjusted. If necessary, you can modify the settings in the extension's menu. Similarly, to modify the enter price, hold the alt key (which is configurable).