LotSmith
- Utilities
- Version: 1.0
- Activations: 5
Position sizing is the least glamorous — and most important — job in trading. Too big, and one loss hurts. Too small, and you leave the setup on the table. LotSmith reads your live account and the chart in front of you, and shows the exact lot for the risk you choose. Drop it on a chart. Any symbol. Your numbers.
■ What it does
- Risk-based lot sizing — Enter your risk % and stop in points; get the precise, broker-valid lot instantly.
- Reads YOUR account, live — Balance, equity and free margin pulled straight from your terminal. No manual typing.
- Any symbol, automatically — Gold, forex, indices, crypto — it detects the current chart symbol for you.
- Long & short margin — See the required margin for both directions before you commit.
- See the money, not just the lot — Loss at your stop, profit at your target, and value per point — all in your account currency.
- Margin safety at a glance — Margin usage % and the margin level you'll have after entry, color-coded. It warns you when you're overdoing it.
- Two ways to think — Risk → Lot (size from your risk) or Lot → Risk (check the risk of a lot you already have in mind).
- Feel your risk — See how many losses in a row would cost you -10% or half your account at the current setting.
- Movable panel — Drag it anywhere; it remembers where you put it.
- Your language, your currency — Auto-detects English/Japanese and your account currency, or set them manually.
- Updates live, every second.
■ What it does NOT do
LotSmith is a calculator. It does not send orders, it does not give signals, and it does not trade for you. You stay in full control. All LotSmith does is make the tedious, error-prone risk math instant and exact — and nothing else.
■ How to use
- Attach it to any chart (safe — it never places orders).
- Set your risk %, stop and reward ratio.
- Read your lot size and margins.
- Place the trade yourself in MT5, as always.
■ Key inputs
Language (Auto / English / Japanese), Display currency (Auto / Manual), Risk %, Stop (points), Reward ratio, Panel position, Font.
■ Discipline is what keeps your account alive
Good risk management is boring — right up until the day it saves you. LotSmith makes the right-sized trade the easy trade.
Trading involves risk. This tool performs calculations based on your inputs and your broker's data; it does not guarantee any result. Please verify behavior and figures on a demo account first. This is not financial advice.
