• Overview
  • Reviews (2)
  • Comments (5)

Lot Size Calculator for MT4

Every trader knows that he or she should never Risk more than 5% (or 7%) per trade. This is a Money Management law and an usable LotSize should be calculated each time because a trader must use a different StopLoss value  for different trading levels. This indicator will calculate an appropriate LotSize for the moment when you will put it on the chart and each time you will drag the "Stop Loss Line" in any direction.


LIMITED TIME OFFER: All our premium indicators are available for only 50$, by accessing our MQL5 blog you will find all the details of our premium indicators. Click here.

Inputs

  • MAX_RISK_PER_TRADE- How many percentages the trader will risk per trade.
  • CUSTOM_BALANCE- Define the amount that will be used to calculate the Risk. 0 => The calculator will use account Balance.
  • ENTRY_PRICE_LINE_COLOR - color of the TP (Take Profit) line
  • STOP_PRICE_LINE_COLOR- color of the SL (Stop Loss) line
  • SPREAD_LINE_COLOR -  color of the ask line price.

Key Features

  • The user can drag and drop the entry price line.
  • The user can drag and drop the stoploss price line.
  • If the entry price line is above the stop-loss price line, the calculator will identify the trade as a Buy order.
  • If the entry price line is below the stop-loss price line, the calculator will identify the trade as a Sell order.


Contact 

If you have some questions or if you need help, contact me via Private Message.


Author

SAYADI ACHREF , fintech software engineer and founder of Finansya.

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The product will copy all  Discord  signal   to MT4   ( which you are member  ) , also it can work as remote copier.  Easy to set up. Work with almost signal formats, support to translate other language to English Work with multi channel, multi MT4. Work with Image signal. Copy order instant, auto detect symbol. Work as remote copier: with signal have ticket number, it will copy exactly via ticket number. How to setup and guide: Let read all details about setup and download Discord To MetaTrade
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Drawdown Limiter EA You are in the right place if you were searching for Drawdown control, Drawdown limiter, Balance protection, Equity Protection or Daily Drawdown Limit related to Prop Firm, FTMO, or Funded account trading, or if you want to protect your trading account. Have you suffered from controlling your drawdown when trading funded accounts? This EA is meant for you. Prop firms usually set a rule called “Trader Daily Drawdown”, and if it is not respected, you are disqualified.  I am an
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Introducing our latest offering in the world of trading indicators: the Moving Average Angle Histogram Indicator, now available for free download on the MQL5 market! Designed to revolutionize the way you identify trend direction, this powerful tool employs a unique histogram visualization coupled with moving average angles to provide you with unparalleled insights into market dynamics. LIMITED TIME OFFER: All our premium indicators are available for only 50$, by accessing our MQL5 blog you will
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Pin Bar Detector is an indicator that finds Pin Bars price action pattern on the chart. Pin Bars is a shortcut for "Pinocchio Bars" which is a classic bar pattern alternative to Japanese candlesticks with tall upper or lower shadows and very small bodies like   Dragon Fly Doji , Grave Stone Doji,  Hammer, Inverted-Hammer, Hanging Man and Shooting Star. LIMITED TIME OFFER: All our premium indicators are available for only 50$, by accessing our MQL5 blog you will find all the details of our prem
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Pin Bar Detector is an indicator that finds Pin Bars price action pattern on the chart. Pin Bars is a shortcut for "Pinocchio Bars" which is a classic bar pattern alternative to Japanese candlesticks with tall upper or lower shadows and very small bodies like Dragon Fly Doji , Grave Stone Doji,  Hammer, Inverted-Hammer, Hanging Man and Shooting Star. LIMITED TIME OFFER: All our premium indicators are available for only 50$, by accessing our MQL5 blog you will find all the details of our premiu
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Volatility analyzer is a momentum indicator, which capitalizes on the tendency for price to break out strongly after consolidating in a tight trading range. The  indicator also uses a momentum oscillator to show the expected direction of the move when the squeeze fires. This histogram oscillates around the zero line, increasing momentum above the zero line indicates an opportunity to purchase long, while momentum falling below the zero line can indicate a shorting opportunity. LIMITED TIME OFF
Volatility analyzer is a momentum indicator,  which capitalizes on the tendency for price to break out strongly after consolidating in a tight trading range. The indicator also uses a momentum oscillator to show the expected direction of the move when the squeeze fires. This histogram oscillates around the zero line, increasing momentum above the zero line indicates an opportunity to purchase long, while momentum falling below the zero line can indicate a shorting opportunity. LIMITED TIME OFF
Boom and Crash Spike Detector indicator is coded based on an advanced strategy primarily for detecting the Boom and Crash in the prices. Complex algorithms were implanted to detect high probability   Booms and Crashs in the prices .  Key Features Sends push notifications to mobile phone Pop up and sound alerts on computer or laptop Displays non repaint arrows (up arrows for Potential Boom and down arrows for Potential Crash) Working with all pairs. Recommendation Timeframe : H1 and H4 Re
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The Range analyzer indicator shows the average pip range of a Forex pair measured over a certain number of periods. Traders can use the ADR to visualize potential price action outside the average daily move. When ADR is above average, it means that the daily volatility is higher than usual, which implies that the currency pair may be extending beyond its norm. Our ADR Analyzer is composed of 5 main features  : Range ( ADR ) Screener:   A multi-currencies ADR analysis. ADR Zone:   shows the expec
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The Average Daily Range shows the average pip range of a Forex pair measured over a certain number of periods. Traders can use the ADR to visualize potential price action outside the average daily move. When ADR is above average, it means that the daily volatility is higher than usual, which implies that the currency pair may be extending beyond its norm. Our ADR Analyzer is composed of 5 main features  : Range ( ADR ) Screener:   A multi-currencies ADR analysis. ADR Zone:   shows the expected m
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Ifeanyi_daniel1997
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Ifeanyi_daniel1997 2022.06.24 21:44 
 

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Jia Bin Zheng
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Jia Bin Zheng 2022.03.09 09:46 
 

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