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Risk Calculator Drag SL TP

FREE

Published: 29 July 2026

Current version: 1.4

Risk Calculator Drag SL TP

Name: Risk Calculator Drag SL TP
Rating: 3 (1 reviews)
Author: Milos Vukomanovic

Indicators
Milos Vukomanovic
Milos Vukomanovic
Slovenia

1606
3 (1)
- https://algomilos.com
MQL5 Expert Advisor & Indicator Developer | Python Trading Automation | MT4 → MT5 Conversion
I develop Expert Advisors, custom indicators and automated trading solutions for MetaTrader 5.

12 products 1 topic 3 comments
Version: 1.4
Updated: 13 October 2026

150+ downloads and counting - thanks to everyone who's already running it.

Risk Calculator is a free MetaTrader 5 tool that removes the manual math from position sizing. Drag the Stop Loss line to where your setup actually invalidates, and the dashboard instantly tells you the correct lot size for your risk — no calculator, no spreadsheet, no guesswork.

What it does:

- Draggable SL line — drop it exactly where your stop belongs; the tool reads the distance in real time.

- Draggable TP line — see your Reward:Risk ratio update live as you position your target.

- Automatic lot size calculation — based on your account balance and a risk % (or a fixed $ amount), using the symbol's real tick value, so it's accurate on every instrument — Forex, metals, indices.

- Live dashboard — Direction (auto-detected from where you place the SL), Entry, Stop Loss, SL distance in pips, risk amount, calculated lot size, and R:R, all in one panel.

- Works on any symbol, any timeframe — the math adapts automatically to each instrument's tick value and pip size.

Key Settings Explained:

- Risk % of balance — the percentage of your account balance you're willing to risk per trade (default 1%).

- Fixed $ Risk — switch to a fixed currency amount instead of a percentage, if you prefer constant risk regardless of balance changes.

- Default SL/TP distance — where the lines start when the indicator first loads (drag them from there to your real levels).

Designed for: Any trader who wants fast, accurate position sizing without manual pip/lot math — Forex, metals, indices, any timeframe.

What this is NOT:

- Not a trading robot — it does not place trades. It only calculates the lot size for a position you place yourself.

- Not a signal indicator — it doesn't tell you when or what to trade, only how much.

Want a draggable Entry line and one-click execution?

Check out Risk Calculator PRO — same lot-size math, plus a draggable Entry line (for pending Buy/Sell Limit/Stop planning), one-click BUY/SELL execution with SL/TP already attached, live Margin/Spread on the dashboard, and duplicate-order protection.

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Looking for signal tools to pair with this? Check out my other products on the Market:

Also check out my other products on the Market:

- Order Block & FVG Confluence

- Order Block & FVG Confluence PRO

- Liquidity Sweep + Reclaim

- Supply Demand Zones MTF

- SMC Multi Symbol Scanner

- VP Sweep Signals (free)

- VP Sweep Signals PRO

- Risk Calculator PRO

- Equity Drawdown Guard (free)

- BB RSI Signals

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Drawdown Guard is a free MetaTrader 5 dashboard that tracks your daily and weekly equity drawdown against your own limits — and warns you before you breach them. Works alongside any trading style, manual or automated, and any strategy: it doesn't care how you trade, only how much you've lost so far. What it does: - Daily loss limit tracking — set a % of balance or a fixed $ amount; the dashboard shows your current day's P&L against it in real time. - Weekly loss limit tracking — same idea, tra

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Get institutional-grade entries with a built-in 0-55 confidence score and a full SL/TP1-3 plan on every signal. Built by the same author behind Order Block & FVG Confluence (5-star reviewed) — and based on the Smart Money Concepts signal engine the author developed and tested on real historical data. A 61-day replay of real historical data (settings of that period) produced 136 signals with a 55% win rate. Replay results are not live results and do not guarantee future performance. Liquidity Sw

49 USD

Priced at $39. Test it risk-free first: the Free Demo runs the full indicator on historical data in Strategy Tester before you spend a cent. Built by the same author behind Order Block & FVG Confluence (5-star reviewed). The same Smart Money Concepts signal engine was developed and tested on real historical data. A 61-day replay of real historical data (settings of that period) produced 136 signals with a 55% win rate. Replay results are not live results and do not guarantee future performance

39 USD

Priced at $69. Built by the same author behind Order Block & FVG Confluence (5-star reviewed) — same development standard, applied to a multi-symbol dashboard. The same engine was developed and tested on real historical data. A 61-day replay of real historical data (settings of that period) produced 136 signals with a 55% win rate. Replay results are not live results and do not guarantee future performance. SMC Multi-Symbol Scanner is a live dashboard for MetaTrader 5 that scans up to 8 symbols

69 USD

Order Block & FVG Confluence PRO builds on the base OBF indicator with one genuine upgrade: delta volume confirmation. Every BOS/Order Block/FVG signal is checked against the day's real cumulative order flow before it fires — fewer, higher-conviction signals, not more noise. What's new in PRO: - Delta-confirmed signals — a BUY only fires when the day's cumulative delta volume (an approximation of buy vs. sell pressure derived from where each candle closes within its range) is net positive; a S

49 USD

Test it risk-free first: every purchase decision on MQL5 lets you run the full indicator on historical data in Strategy Tester before you spend a cent - see for yourself how it behaves on your own symbol and timeframe. BB+RSI Signals combines classic Bollinger Bands with RSI confirmation into a clean, non-repainting mean-reversion signal engine: a BUY only fires when price closes below the lower band AND RSI confirms oversold on the same candle; a SELL only when price closes above the upper ban

30 USD

Trailing Peak Guard closes a position the moment its floating profit turns against you — instead of waiting on a fixed Take Profit that may never be reached, or giving back a winning trade while you wait for a textbook exit. It tracks the peak floating profit each position (or basket) reaches, and closes once profit retraces a set amount from that peak. It never opens a trade — it only protects the ones you (or your EA) already have open. Why per-position, not account-wide Most "protect your pro

39 USD

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SANmiguel88 2026.10.12 18:44 #

La herramienta esta buenisima para calcular los lotes, pero pierde facilmete la configuracion. Habia un modelo un dia que la abri y se veina todos los modelos de las distintas tipos de ordenes. Luego al dia siguiente ya no se ven sino solo con un solo icono de BUY o SEll . Luego hay q pegar los valores manualmente

1606

Reply from developer Milos Vukomanovic 2026.10.13 12:20 #

¡Gracias por reportarlo! Tenias razon, era un bug real: las lineas de SL/TP se reiniciaban a la posicion por defecto al cerrar el terminal o cambiar cualquier ajuste, en vez de quedarse donde las arrastrabas. Ya esta corregido en la version 1.4 (ya publicada) - actualiza el indicador y el problema deberia desaparecer. Gracias por ayudarme a encontrarlo!