Risk management is the most important chain in the link. Your strategy can be really good, but without risk management, it does not mean anything. This tool will help you calculate your lot size inside TradingView. Want to know more about risk management? Read our new blog post here.
Simply set your entry and stop loss by clicking on the price point you want it to be
Like setting your entry and stop loss you can simply click to set your target
After the first two steps the indicator will ask you to set your symbol.
Set your balance, risk in % and all the other inputs which fits your risk.
30 day money back guarantee. Cancel anytime in one-clock from within your account. If you're not completely satisfied, effortlessly cancel with a single click from your account. Your satisfaction is our priority, so we'll happily refund your investment within the first 30 days. Don't wait - start transforming your trading today!
Risk management is the most important part of trading. Being consistent in your losses and position sizing will give you a great kickstart. If you risk 10% on your account per trade you can take 80 trades and it's done. This is when you consistently use 10%. If you only risked 0.5 you would have been down 33%.
Imagine if you did not use a dynamic lot size based on your account balance.
We have carefully designed our software so that even the newest trader can analyze the market with the fundamental framework of a true professional. However, there needs to be an understanding of how the concepts work and operate in the market, so you can implement it the right way.
Our users say it matches 95% of their chart work. But like any other tool, you need to have an edge and know what you're doing. This comes from testing and learning.
Why you not try it out and see for you self?
1) Full access to our Sonarlab Trading Community, A group of over 3,000+ (and growing) highly motivated and like-minded individuals that sits at the core of everything we do at Sonarlab… Don’t worry, once you’re in, you will know what we mean.. , where professional traders share their set-ups and trade break-downs.
2) The Sonarlab Algorithms, our tech-driven answer to consistent and profitable trading in the 21st century.
3) Access to all of our future innovations and improvements.
This indicator automates so much of my chart work, and the team is extremely diligent in upgrading and fine-tuning the algorithm. Above all else, the community I’ve been introduced to is worth the money all on its own. Hats off to you Sonarlab!
Sonarlab.. where do I start. When I first came across them I honestly thought it was snake oil.. a lot of companies doing similar things but I decided to check them out. I’m sure glad I did. Sonarlab not only makes the highest quality indicators but the attention to detail and clear experience in the markets really sets them apart from everyone else. Keep up the great work!
I used to take the time to draw out my order blocks and it was a long and tedious process. Now I use sonarlab where it automates it all for me. Not only do I save time but I save having to be sure my chart work is correct. I can attribute a lot of my trading success to this tool. Thank you to the sonarlab team.
Knowing SMC rules and trading using Sonarlab indicators, I found myself taking less time analyzing charts, less time to open an accurate position and not less important, better targeting.
This indicator suite is a must have tool for serious SMC traders. It saves me a ton of time everyday, it is doing the chart markups for me. My personal favorite part of this indicator, is the alert function, now I can track multiple forex pairs at the same time.
This is the best SMC tool on Tradingview. I have tried 4 paid SMC indicators. Sonarlab is the best one. No need to change and find another one. If you are SMC trader, it is a must have item since it save you a lot of charting time and you could set alert for Choch or BOS. you don't need to sit in front of the computer all the time.
This indicator would do wonders if the person using it knows the base concept. It still could be the best tool for newbies too. I wish I had such an indicator when I started my journey. More improvements to the indicator will make this the best indicator available in the market. Good luck and thanks to sonarlab for this wonderful tool.
Great indicators and top notch support. I would highly recommend Sonarlab!
Sonarlab Indicators are top notch! Trust me, if you want any knowledge of markets, strategies, or indicators, you NEED SonarLabs indicators...not just 1 of them, ALL of them work together to bring you the best setup possible for your trading