Drag Drop Lot Size Calculator

Drag Drop Lot Size Calculator

Overview

Drag Drop Lot Size Calculator is a chart-based risk and position sizing tool for MetaTrader 5. It calculates the appropriate lot size based on your account balance (or equity), the selected risk percentage, and the stop-loss distance defined by a single horizontal line on the chart. A compact on-chart panel displays the key values in real time.

Key Features

  • One-line workflow: uses a single horizontal line as the stop-loss level

  • Real-time lot size calculation based on risk percentage and stop distance

  • Displays risk amount (money), stop price, distance in pips, and computed lot size

  • Preset risk buttons (0.10% to 4.00%) for quick adjustments

  • Optional balance/equity basis for risk calculation

  • Draggable panel (optional) for flexible chart placement

  • Works on any symbol supported by the broker (uses broker tick value/tick size)

How It Works

  1. Attach the indicator to a chart.

  2. Draw exactly one horizontal line (HLINE) at your intended stop-loss price.

  3. The indicator detects the line and treats it as the stop-loss level.

  4. Entry price is taken from current market price (Ask for BUY, Bid for SELL).

  5. Lot size is calculated so that the loss at the stop equals the selected risk amount.

  6. The panel updates automatically when you move the stop line or change risk presets.

If more than one horizontal line is present, the indicator will request that you remove all but one line to avoid ambiguity.

Inputs (Parameters)

  • Risk Percentage: Risk per trade in percent (e.g., 1.00)

  • Use Equity instead of Balance: If enabled, risk is based on equity; otherwise balance

  • Direction: Auto, BUY, or SELL (Auto selects based on stop line relative to current price)

  • Default Stop Distance (pips): Reserved for workflow defaults (not required for calculation when using the line)

  • Risk Line Color / Thickness: Visual preferences for the stop concept (panel-based display)

  • Label Text Color: Panel text color

  • Show Preset Buttons: Enables quick risk percent buttons

  • Panel Y Position / Panel Width: Panel placement and sizing

  • Panel Draggable: Allows moving the panel by dragging

Notes and Limitations

  • The indicator does not place trades and does not modify orders. It is a calculation and visualization tool.

  • Accurate lot calculation requires valid broker tick data. If tick value/tick size is not available yet, the panel will display a waiting/error message until the next price update.

  • For correct results, keep exactly one horizontal line on the chart to define the stop-loss level.

Usage Tips

  • Set Direction to BUY or SELL if you want to lock the calculation to one side.

  • Use Use Equity instead of Balance if you size risk based on current floating P/L exposure.

  • If the computed lot size is below broker minimum or above broker maximum, the panel will display a warning and you should adjust risk or stop distance.

Support

If you encounter an issue, please describe the symbol, account type, broker, and steps to reproduce the problem in the product comments so it can be resolved efficiently.


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Stats Dashboard & Journal ULTRA for MT5   The Complete Trading Command Center: Analytics, Automation & News Intelligence.   Stats Dashboard ULTRA is the ultimate evolution of the analytics tool. It transforms MetaTrader 5 into a professional trading station, combining institutional-grade performance analysis with automated news   protection and advanced psychological metrics. Designed for manual traders and EA portfolio managers who demand total control.     NEW IN ULTRA VERSION    * News I
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Alfiya Fazylova
4.59 (54)
Utilities
Trade Copier is a professional utility designed to copy and synchronize trades between trading accounts. Copying occurs from the account / terminal of the supplier to the account / terminal of the recipient, which are installed on the same computer or VPS . PROMOTION - If you have already purchased the "Trade Copier MT5," you can receive the "Trade Copier MT4" for free (for copying MT4 > MT5 and MT4 < MT5). For more detailed information about the conditions, please contact us via private message
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Ultimate Extractor - Professional Trading Analytics for MT5 *****this is the local HTML version of Ultimate Extractor. !!!!!it is not compatible with Cloud!!!! For the online version please reach out to me directly****** Ultimate EA manager also now available when you use cloud pro and above for free!! Ultimate Extractor transforms your MetaTrader 5 trading history into actionable insights with comprehensive analytics, interactive charts, and real-time performance tracking. What It Does Automa
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Roman Zhitnik
5 (8)
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Risk Manager Pro MT5 is an account protection Expert Advisor for traders who want strict risk control inside MetaTrader 5. The utility monitors your account equity, daily and weekly results, drawdown, open positions, trade count, consecutive losses, and trading hours. When a configured limit is reached, it can automatically close positions, cancel pending orders, stop other EAs, send notifications, or close the terminal. Instead of relying on discipline during a stressful trading session, you de
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Seconds Chart is a unique tool for creating second-based charts in MetaTrader 5 . With Seconds Chart , you can construct charts with timeframes set in seconds, providing unparalleled flexibility and precision in analysis that is unavailable with standard minute or hourly charts. For example, the S15 timeframe indicates a chart with candles lasting 15 seconds. You can use any indicators and Expert Advisors that support custom symbols. Working with them is just as convenient as on standard charts.
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