Lot Calculation

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i an a new beginner tarder and dont know much aboutlotsizes etc is tehre a way to calcualte these ?

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Ryan L Johnson #:

thank u very much for ur help, do u know if there is a like build in calculator in mt5 or ca i downlaod one so i can have it in my mt5 terminal ?

[Ryan L Johnson]

Steven4382 #:

thank u very muc hfor ur help, do u know if there is a like build in calculator in mt5 or ca i downlaod one so i can have it in my mt5 terminal ?

Code Base

Position Size Calculator

Eranga Thilina Dhanushka Gallage, 2021.11.09 17:29

MT5 Indicator for Position Size Calculation

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Ryan L Johnson #:

i will look into it, thank u very much for ur help

[Ryan L Johnson]

Steven4382 #:
i will look into it, thank u very much for ur help

You're most welcome. There are more flexible/adjustable ones in the mql5.com Market for free but I can't post them in the Forum.

Just click on Market in the top banner and do a search in the MT5 section. Then sort by Free.

[Conor Mcnamara]

The lot size is directly correlated to risk, and position lot sizing is all to do with the stop loss of the trading position (wider stop losses naturally compute a smaller lot size)

If you want to calculate lot sizes without using stop losses, it can be done with risk percentage of the account instead, but strategies that don't use stop losses (Grid being one of them) are inherently risky