Sizer Planner

  • Indicators
  • Nikolett Gorjanacz Toth
    Nikolett Gorjanacz Toth
    SizerX – risk and trade management tools for MetaTrader 5.
    Built by a trader, for traders: position sizing, trade management, pyramiding and prop firm protection in one clean panel. Every feature is tested on live and Strategy Tester charts before release.
  • Version: 1.0

Some prop firms do not allow Expert Advisors on certain account types. Sizer Planner is an indicator, not an Expert Advisor, so you can use it where an EA is not allowed.

It does all the planning for you. You only place the order yourself.

Drag the stop loss and the target on your chart. The planner card shows the lot size for your risk, the exact stop loss and target prices, the money at risk, the possible reward and the reward-to-risk ratio. It updates as you drag. Then you type the lot size and the two prices into your order window and open the trade.

What you get:

  • Draggable stop loss and target lines, with colored risk and reward zones
  • Lot size calculated from your risk: percent of balance or a fixed amount
  • Market and pending mode: the pending mode adds a draggable entry line and shows the order type (buy limit, buy stop, sell limit, sell stop)
  • Clear warnings: lot below the broker minimum, not enough free margin, target on the wrong side, lot capped at the broker maximum
  • A clean card that you can drag anywhere on the chart, so it never covers your one-click trading panel
  • Automatic dark and light look, and scaling for high-resolution screens

How to use it:

  1. Attach the indicator to a chart.
  2. Drag the stop loss and the target lines to your levels.
  3. Read the lot size and the prices on the card.
  4. Switch to PENDING to plan a limit or stop order.
  5. Enter the numbers in your order window.

Inputs: risk mode, risk value, default target R:R, zone width and the start position of the card.

Please note: Sizer Planner is a planning tool. It does not open, modify or close trades, and it does not use any trading functions. The margin warning is an estimate, because the terminal does not allow the exact calculation inside an indicator. Please check the rules of your own prop firm and account type before you trade.

Trading involves risk. This tool is for information and planning only.

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