Position Size Auto Calculator
- Indicators
- Version: 1.0
Visual Order Sizer Indicator — Powerful Position Sizing Tool for MT5
Note: This indicator is converted from the Visual Order Sizer Trade Manager Tool EA into an indicator. All automatic calculations from the EA work exactly the same — Lot/Margin relationship, Risk/Reward, Commission, Spread display, etc. And it is offered completely free.
Use it freely for all your position sizing calculations. The only limitation is that, because it is an indicator, it cannot place trades — this is due to MT5's built-in restrictions for indicators. You need to manually enter your orders in the broker terminal, but all risk and position size calculations are done instantly.
How to use:
1. Attach Visual Order Sizer Indicator to any MT5 chart.
2. Enter Lot size or Margin amount on the panel.
3. Click SL/TP buttons to place Stop Loss and Take Profit lines.
4. Drag the lines to match appropriate price levels.
5. SL, TP, and commission (fee per lot) are calculated automatically while dragging.
6. Use the calculated values to manually enter your order in your broker's terminal.
Smart Position Sizing & Risk Management
- Auto Lot Adjustment — Lot size automatically adapts to symbol min/max/step with clear alerts.
- Two-way Auto Lot & Margin Calculation — Enter either lot size or margin amount; the tool calculates the other automatically.
- Smart Risk/Reward Calculation — Automatically calculates risk/reward in points, account currency, or percentage of balance/margin.
- Automatic Commission Calculation — Scans your trade history to calculate accurate commission per lot for each symbol. See exactly how much commission will be deducted before manually placing the order.
Drag & Trade Visual System
- Drag Entry, SL, and TP lines directly on the chart — no manual price entry needed. Real-time point values and currency amounts update instantly on both lines and panel.
- Arrow Visualization — See the complete order flow with angled arrows (Market → Trigger → Entry → TP). Enable/disable from input settings.
- Dynamic Order Type Display — See which pending order type will be placed as you move the Entry line. Buy/Sell direction switches automatically.
Extended Order Types & Timers
- Stop Limit Orders — Set Trigger + Entry levels for advanced order types like Buy/Sell Stop Limit.
- Real-time Session Timer — Countdown until market opens or closes (supports 24/7 and Forex sessions).
- Bar Timer — Displays exact time left until current candle closes.
Live Spread & Commission Display
- Spread Display — Visual ASK/BID lines with spread value in account currency. See in advance how much loss you will incur when opening Buy or Sell orders due to high spreads.
- Live commission display — The indicator automatically detects the fee per symbol from past trades and shows the exact cost for your selected lot size on the panel.
Persistent Settings & Compatibility
- Persistent Settings — Remembers panel state, lot size, order mode, and direction after chart change.
- Multi-Currency Support — Dynamic currency symbol detection and display.
- Compatible with — All Forex, indices, commodities, and crypto symbols (check broker permissions).
Summary: All the calculation power of the original EA, now completely free as an indicator. Everything works except trade execution — position sizing has never been easier!
This is a very good program. Thank you very much to the developer. This is really 5 stars — it’s exactly what I was looking for. Everything is simple and very clear. No need to rack your brains. Just awesome!!!