Position Sizer Pro MT5
- Utilities
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Impact Ventures OÜ
Systematic trader and algorithmic developer specializing in MetaTrader 5 Expert Advisors and Python-based strategy development. I build, backtest, and deploy automated trading systems including multi-strategy portfolio EAs with proper risk management frameworks. Experience with real accounts and - Version: 3.0
- Activations: 10
Position Sizer Pro MT5 is the expanded version of Position Sizer MT5, downloaded more than 500 times.
The free version calculates your lot size. The Pro version lets you plan the complete trade on the chart, calculate the correct volume and place the order directly from the panel.
No manual calculations. No separate order window. You can see the Entry, Stop Loss, Take Profit, lot size and actual risk before anything is sent.
Plan trades visually on the chart
Entry, SL and TP are shown as chart lines.
Move the SL line and the lot size updates automatically. Switch to Pending mode, move the Entry line to your chosen level and the correct order type is detected automatically:
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Buy Stop
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Buy Limit
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Sell Stop
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Sell Limit
To move a line, double-click it to select it and then drag it to the required price. The Entry line is selected automatically when you switch to Pending mode.
Place orders directly from the panel
Select BUY or SELL, choose Market or Pending and click PLACE.
A confirmation screen shows the order type, volume, Entry, SL, TP and risk. You then have 10 seconds to confirm or cancel.
Before the order is sent, the EA checks the lot size, SL and TP direction, broker minimum stop distance, available margin and the broker’s pre-trade response. If something is wrong, the panel tells you what needs to be corrected.
Take Profit your way
Choose between three TP modes:
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RR ratio
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Price distance
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Exact price
Switch between them with one button. The panel always shows the resulting RR, estimated profit in account currency and exact TP price.
You can also drag the TP line directly on the chart. If TP is on the wrong side of the entry, the line turns red and the order is blocked until it is corrected.
TP is optional and the entire module can be switched off.
Stop Loss your way
ATR mode calculates the SL distance from volatility. The ATR timeframe, period and multiplier can all be changed directly from the panel.
Fixed Distance mode lets you enter a price distance or move the SL line to an exact chart level.
Choose your risk basis
Calculate risk using Balance, Equity or Free Margin.
The panel shows the actual risk after the volume is adjusted to your broker’s allowed lot step. If the calculated position is below the broker’s minimum lot size, you receive a warning instead of being forced into a larger position.
Optional information modules
Turn on only what you need:
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DayCap: Tracks today’s net realized P&L against your configured daily cap (useful for Prop firm traders)
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MultiATR: Compares position sizing using a second ATR timeframe of your choosing
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TickVal: Shows tick value in your account currency at the calculated volume
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Spread: Shows spread as a percentage of your SL distance
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Swap: Estimates overnight swap for long and short positions
Hedging and netting support
Position Sizer Pro works with both hedging and netting accounts.
On a netting account, a new order may affect an existing combined position on the same symbol. When this applies, a clear warning is shown during confirmation.
Settings remembered
Risk percentage, ATR configuration, TP mode, enabled modules, risk basis and Market or Pending preference are saved separately for each account and symbol.
Works with forex, indices, metals, commodities and crypto CFDs supported by your broker.
No DLL required.
Please note: Margin for pending orders is checked when the order is placed, but availability cannot be guaranteed when the order is activated. Execution price, slippage, swap and other trading conditions depend on your broker.
