Watch how to download trading robots for free
Find us on Facebook!
Join our fan page
Interesting script?
So post a link to it -
let others appraise it
You liked the script? Try it in the MetaTrader 5 terminal
Indicators

Position Size Calculator - indicator for MetaTrader 5

Views:
23763
Rating:
(29)
Published:
2021.11.09 17:29
Updated:
2021.11.15 14:15
Need a robot or indicator based on this code? Order it on Freelance Go to Freelance


This indicator allows trader to calculate the proper lot size based on percentage risk and stop loss. The stop loss can be defined either using Average True Range ratio or Fixed size points.

It has been developed to operate based on Points ( 10 Points = 1 Pip ) as to consistently usable with Currency pairs, Indices, Commodities and Stocks on MT5 platform.


On EURUSD Currency pair H4 Chart

EURUSD-H4


On US500 Index H1 Chart

US500-H1



Rex (extended) Rex (extended)

Rex indicator extended version

MyRsi with NET MyRsi with NET

MyRsi with Noise Elimination Technology - by John Ehlers

CCI (mimic) CCI (mimic)

CCI (mimic)

DMH DMH

Directional Movement using Hann windowing