TradingView keeps improving its charting tools, and today it is introducing leverage settings for Long and Short Position tools.
With leverage, TradingView users can make their trades better reflect real-life conditions by linking their position size to their account balance. This update allows TradingView users to set leverage so that their position size stays aligned with, or within, their available budget.
To configure leverage, open the tool’s settings, find the Leverage field, and enter the desired value. For example, setting 500.0 corresponds to 500:1 leverage.
With the introduction of leverage, the logic behind position size calculation has been updated.
This means that risk defines the maximum position size, while leverage ensures the proposed position remains proportionate to your account balance.
In a standard setup (without leverage), the calculated position size might exceed your available account balance. However, with leverage — for example, 5:1 — the position size decreases, becoming more consistent with your set budget while still respecting the defined risk limit.
