LotPilot

  • Utilities
  • Zhanbolat Umirbayev
    Zhanbolat Umirbayev
    LotPilot Risk Calculator для MetaTrader 5 опубликован в Маркете.
    LotPilot создан для трейдеров, которые торгуют вручную и хотят быстро рассчитывать размер позиции в зависимости от выбранного риска.
  • Version: 2.0
  • Activations: 5
LotPilot is a risk management and position size calculator designed for manual trading in MetaTrader 5.

The utility helps traders calculate an appropriate lot size before entering a trade. Instead of calculating position size manually, the trader sets the required risk parameters and LotPilot performs the calculation.

The main purpose of LotPilot is to make position sizing faster and help maintain consistent risk management from trade to trade.

Main features

Position size calculation based on the selected risk.

Risk-based lot size calculation before entering a trade.

Fast recalculation when trade parameters change.

Simple interface designed for everyday manual trading.

Useful for Forex, metals and other instruments available in MetaTrader 5, subject to the specifications provided by the broker.

LotPilot does not generate trading signals and does not use an automated trading strategy. The trader independently decides when and where to enter the market.

How to use

1. Attach LotPilot to a chart.
2. Set the required risk parameters.
3. Specify the parameters required for the position size calculation.
4. LotPilot calculates the lot size.
5. Use the calculated value when placing your trade.

Why position sizing matters

Using the same lot size for every trade can result in different monetary risk because Stop Loss distance and instrument specifications may vary.

Risk-based position sizing helps the trader define the acceptable risk first and calculate the position size accordingly.

LotPilot is intended to simplify this calculation and reduce the amount of manual work before opening a trade.

Important

LotPilot is an auxiliary risk calculation tool. It does not guarantee trading results or profitability. The trader remains responsible for trade selection, order parameters and execution.
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