Scripts: Position Size Calculator - risk-based lot sizing script

 

Position Size Calculator - risk-based lot sizing script:

Calculates the correct lot size for a planned trade from your risk (percent of equity or a fixed money amount) and stop-loss distance (points or a price level). Respects the symbol's contract specification - tick size and value, volume min/max/step - and estimates the required margin.

Position Size Calculator - risk-based lot sizing script

Author: Dror Munk