Risk Line Calculator
- Indicators
-
Mohamed Qosyairy Bin Shamsuddin
Independent MetaTrader 5 developer creating clean and practical trading tools for manual chart analysis and everyday trading workflow. - Version: 1.5
- Updated: 22 August 2026
Risk Line Calculator
Risk Line Calculator is a simple and lightweight MetaTrader 5 indicator for calculating position size from your selected risk percentage and Stop Loss distance.
Set your preferred risk percentage, then drag the Stop Loss line directly on the chart. The indicator automatically calculates the suggested lot size based on the distance between the current market price and the SL line.
Main Features
- Draggable Stop Loss line directly on the chart
- Automatic risk-based lot size calculation
- User-defined Risk %
- Displays Stop Loss distance in pips
- Displays monetary risk in the account currency
- Automatic BUY or SELL direction detection
- Supports Balance, Equity or Free Margin as the risk base
- Uses the current symbol's broker specifications
- Respects broker minimum lot, maximum lot and lot step
- Works with Forex, metals, indices, CFDs and other supported symbols
- Automatic light/dark chart text contrast
- Clean transparent display without a large control panel
- Bold outlined text for better visibility
How It Works
1. Set your desired Risk % in the indicator inputs.
2. Drag the red SL line to your intended Stop Loss level.
3. The calculator immediately updates the lot size and risk information.
If the SL line is below the current market price, the direction is identified as BUY.
If the SL line is above the current market price, the direction is identified as SELL.
Information Display
The indicator displays:
- RISK 1.00%
- LOT 0.02
- SL 168.1 pips
- RISK USD 3.78
- DIRECTION BUY or SELL
Risk Base
The risk calculation can use:
- Account Balance
- Account Equity
- Free Margin
Broker-Aware Calculation
Risk Line Calculator uses the trading specifications supplied by the broker for the current chart symbol, including tick size, tick value, minimum volume, maximum volume and volume step where available.
This makes the calculator suitable for different instruments and broker symbol specifications.
Important Information
Risk Line Calculator is a calculation and chart utility only.
It does not generate trading signals and does not automatically open, modify or close positions.
Calculated values depend on the account information, market price and symbol specifications supplied by your broker.
