Comparison
A charting position tool against ZRisk
Long and short position drawings show risk and reward on the chart. What they are built for, what they leave to you, and where the two fit together.
The short version
A position drawing is a planning instrument. It is very good at showing you the shape of a trade on the chart, and it is not connected to your exchange account, your fee tier or that pair's lot rules, so the number it gives is a starting point rather than an order.
| a charting tool's position drawing | ZRisk | |
|---|---|---|
| Draw the trade on the chart | Only for the picture, or on specific exchanges | Yes, and the levels are draggable |
| Risk to reward at a glance | Yes | Yes |
| Knows your fee tier | No | Yes, read from your connected key |
| Fees and funding inside the size | No | Yes |
| The pair's lot step and minimum | No | Yes |
| Least you need on the exchange | No | Yes |
| Sends the order with stop and target | Not from the drawing itself | Yes |
| Maker-first entry with an automatic chase | No | Yes |
Two different jobs
Deciding where a trade goes is chart work, and a good charting package is hard to beat at it. Turning that decision into an order that is the right size, priced with real fees and accepted by the exchange first time is a different job, and it is the one this is built for.
The account size in the drawing is a guess
A position drawing sizes from numbers you type into it. It has no way to know what is actually in your futures wallet, what your commission rate is after your last thirty days of volume, or that the pair you are looking at trades in steps of 0.1. Those three facts are what separate a drawn plan from a placeable order.
You can keep using both
Plenty of people plan on one screen and execute on another. If that is you, nothing here asks you to stop.
Questions
Yes, with live candles, custom timeframes, saved drawings, and entry, stop, target and break-even drawn on the price scale. Dragging a level resizes the position immediately.
Yes. Plenty of traders decide on one and size and execute on the other.
Try it on your next trade
The free calculator needs no account. Size a trade with it and see whether the difference is real for you.