Market / MetaTrader 5 / Utilities /

Target Lot Calculator

39 USD

Published: 29 July 2025

Current version: 1.0

Target Lot Calculator

Utilities
Tatsuya Iwatani
Tatsuya Iwatani
Japan

178
Version: 1.0
Activations: 5

Are you tired of manually calculating lot sizes for your trades? The Target Lot Calculator is an MQL5 tool that instantly computes and displays the optimal lot size based on your desired profit/loss amount and the price range measured with a crosshair. This tool will make your trading more intuitive and efficient.

Key Features

Intuitive Operation: Simply move the crosshair to see the optimal lot size for the current price range in real-time.
Dynamic Lot Calculation: The tool automatically calculates and displays the optimal lot based on your set Potential Gain/Loss and the price range measured by the crosshair.
Risk-Controlled Design: The displayed optimal lot size will not exceed your set potential gain/loss, helping you avoid unintended large risks.
Multi-Currency Support: Supports major currencies in addition to Japanese Yen (JPY) for your account currency.

Who Is This Tool For?

Traders focused on risk management: If you want to ensure your trades stay within your intended profit/loss limits.
Traders who prioritize quick entries: If you want to avoid the hassle of manual lot calculations and seize trading opportunities faster.
Traders looking to improve discretionary trading accuracy: If you want to achieve more precise lot management through intuitive operation.

How to Use

It's very simple and easy to get started!

Indicator Settings:
- Account Currency: Select your account's currency (default is JPY).
- Potential Gain/Loss: Enter your target profit or loss amount (default is 10,000).
- Suffix: If your symbol has an appended character (e.g., USDJPY#), enter that character (e.g., #).
Crosshair Operation:
- Click your mouse wheel to display the crosshair.
- Click and drag with the left mouse button, and the optimal lot size and your set potential gain/loss will be displayed in real-time at the top-right of the crosshair.

Specifications

Calculation Basis: The optimal lot size is calculated from the current rates of the currency pairs included in the Market Watch symbols.
Lot Rounding: The displayed optimal lot size is rounded down to the minimum lot's decimal places for the target currency pair, ensuring that the presented lot size is actually tradable.

Ready to take your trading to the next level? Add the Target Lot Calculator to your trading arsenal today!

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Target Lot Calculator

Tatsuya Iwatani

Key Features

Who Is This Tool For?

How to Use

Specifications