Fixed-Risk Position Tool for Chart Traders

Hello ATAS team,

I’m writing to request a feature that is extremely important for trading and risk management.

A position tool similar to the long/short position tool found on some other charting platforms. The key functionality I’m looking for is the ability to define the trade directly on the chart before entry by setting:

• entry

• stop loss

• take profit

Most importantly, it should be able to set a fixed dollar risk amount first, then drag the stop loss level and have the order quantity automatically recalculate in real time to keep the risk constant.

Example workflow:

• I choose a fixed risk amount, such as $500

• I place the entry, stop, and target on the chart using the risk tool

• If I move the stop farther away, the contract quantity decreases automatically

• If I move the stop closer, the contract quantity increases automatically

• Once the risk is correct, I can place the trade directly from the tool

• Should be able to use all order types, (Market, Limit, Buy Stop, etc..).

This is one of the most important risk management features for active trading because it allows fast execution while keeping risk consistent on every trade.

From what I can tell, ATAS already has a supports chart trading, protective orders, and order adjustment on chart, but I have not found a built-in tool that performs this exact fixed-risk quantity recalculation workflow. Many other trader as well as myself would strongly benefit from this feature being added to the ATAS Platform.