Risk Lot
- Utilities
-
Cameron Reece Allcock
I have been actively involved in trading since 2020 and started developing algorithmic trading systems in 2024. Since then, my focus has been on building robust, practical, and rule-based systems designed for real market conditions. - Version: 1.845
Risk Lot gives you precise control over your lot size and risk on every trade. Think of it as a smart position-size calculator: you set how much you're willing to risk and where your stop goes, and it works out the exact lot so you don't take on more risk than you planned. It never opens trades itself. It's built with larger accounts and prop firm challenges in mind, including a daily loss budget mode.
Choose risk as a percent of equity, a fixed money amount, or a share of your remaining daily loss room (prop-style daily budget). Set the stop in points, or drag the amber price line. The panel shows suggested lot, money at risk, margin need versus free margin, and how many same-size losses fit before the daily floor.
No orders. No signals.
Suggested lots are informative. Spreads, commission and slippage change real risk. Confirm every size before you trade.
Overview
Risk Lot is built for traders who want honest sizing before they click Buy. Lot size comes from broker loss-side tick value and stop distance, then is normalised to min / step / max without bumping a below-minimum size up to the broker minimum (that would overshoot your risk). When the calculated lot is below the broker minimum, the panel shows — and asks you to widen the stop or raise risk.
Live correctness was checked on Exness-MT5Trial9 across EURUSD, GBPUSD, USDJPY, XAUUSD and BTCUSD (risk $50 / 200 points): FX tick-value error versus OrderCalcProfit is essentially zero; gold and crypto correctly surface margin that exceeds free margin on a $500 demo.
Quick Specifications
- Category: Indicators / Utilities (free)
- Platform: MetaTrader 5
- Opens trades: Never
- Risk modes: % equity · fixed money · daily budget share
- Stop: points or draggable amber price line
- Author: Cameron Reece Allcock
- Ship build: v1.845
Core Features
- Three risk modes with live panel steppers
- Loss-side tick value for sizing (fallback to generic tick value)
- Broker-valid lot without overshooting requested risk
- Margin need vs free margin warning
- Daily-room streak tile (same-size losses until the floor)
- Dark-glass panel; settings persist on live charts
Important Notes
- This is a sizing aid, not a trading robot and not a profit forecast
- Always demo first on your broker’s contract specs
- XAU/BTC margin can exceed free margin at the same dollar risk that fits FX
- No links to paid Expert Advisors in this listing
How to use
1. Install RiskLot_v1.845 under MQL5/Indicators/Hustle and refresh Navigator
2. Attach to any chart
3. Pick a risk mode; set stop in points or drag the amber line
4. Read suggested lot, money at risk, and margin
5. Place the trade yourself if you accept the size
Disclosure
Broker execution, spread, swap, commission and slippage can materially change real risk. Past matrix checks are historical. Trading involves risk.
