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Forex Position Size Calculator for MT5

FREE

Published: 26 September 2026

Current version: 1.10

Forex Position Size Calculator for MT5

Indicators
Qi Fei Zhang
Qi Fei Zhang
China

679
1 code
Version: 1.10

Forex Position Size Calculator - a free lot size calculator for every forex trader. Enter your account balance, risk percentage, entry price and stop-loss, and the calculator instantly gives you the exact lot size for the pair you are trading.

Risking a fixed lot on EURUSD, GBPUSD, USDJPY or any other pair means each trade actually risks a different amount of money. This calculator works it out the professional way: it measures the distance to your stop and converts it into a position size that loses exactly your chosen % if the stop is hit - no more, no less.

Features:

Works on every forex pair - EURUSD, GBPUSD, USDJPY, AUDUSD and all others
Risk-based lot sizing: balance + risk % + stop distance = correct lot size
Contract size read automatically from your broker's symbol specification
Entry, stop-loss and take-profit lines drawn directly on the chart
On-chart panel: balance, risk %, risk amount, stop distance, lot size, R:R, potential profit
Optional take-profit with instant risk/reward and profit calculation
Simple, non-repainting math - a risk management tool, not a signal service

How to use:

Attach the indicator to any forex chart
Set your account balance and the percentage you are willing to risk
Enter your entry price (0 = current price) and your stop-loss price
Read the lot size from the panel - that is the position size that risks exactly your chosen %

The contract size is detected automatically, so the calculator works with any broker and any pair without manual setup. A manual override is included for non-standard instruments.

Trade every pair with the same, controlled risk. No promises, no signals - just clean position math.

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Screenshot #1 Forex Position Size Calculator for MT5

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Forex Position Size Calculator for MT5

Qi Fei Zhang