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Interactive Position Size Calculator

30 USD

Demo downloaded: 23

Published: 25 August 2020

Current version: 1.10

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Interactive Position Size Calculator

1

Utilities
Graeme Dakers
Version: 1.10
Updated: 24 September 2020
Activations: 5

The LMBFPositionSize indicator is a simple way to quickly determine the position size appropriate for your prospective trade interactively on your Metatrader 4 charts.

When you first add the indicator to your chart, you will be given the option to set parameters including:

the account balance to use in the calculation and
a percentage of the balance you are prepared to risk.

Once attached to your chart, the indicator is available for you to use whenever you want and will continue to use these parameters in the calculation It also allows for the current spread.

With the indicator attached to your chart, just hold the <tab> key down and left click your mouse whilst the cursor is close to the area you wish to trade. A yellow rectangle will be appear with the number of lots displayed in its bottom right corner. Adjust the top and bottom of the rectangle to align with your prospective trade entry and stop-loss levels and the displayed position size will be updated immediately.

If you update the values of any of your parameters, the position size will again be updated automatically.

You will notice that the lot size displayed may start changing slightly as it is updated continuously with the current value of the spread.

Move the rectangle around and the lot size label will follow it. Or delete either the rectangle or label from your charts and both will disappear.

As seen on the screenshots supplied, with this indicator there is no limit to the number of position sizes that can be calculated at any one time

Please refer to the video for a demonstration of using this indicator.

It is recommended to demo trade the indicator initially while you become familiar with the position sizing calculation. No responsibility is taken for any losses that may occur whilst using this indicator.

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Video Interactive Position Size Calculator

Screenshot #1 Interactive Position Size Calculator

Screenshot #2 Interactive Position Size Calculator

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Use this indicator to ensure all your open charts are constantly displaying the same time frame. Change the time frame in any one chart and watch the others instantly change to the same time frame. Also allows scrolling of candles in one chart to be replicated in all other synchronized charts. Analyze correlation between different symbols by linking charts together on the same time frame Display a vertical marker move across all your open charts, so you can quickly compare price action at the sa

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If you like to see different time frames for the same symbol side by side on your terminal, then this is the indicator for you. Attach the indicator to all chart instances for the symbol of interest. Then see any additions, edits or deletions made on graphical objects instantly replicated to all other open charts for the same symbol. Object types replicated include: trend lines, horizontal lines, vertical lines, rectangles, triangles, ellipses, arrows, text boxes and labels.

This may just look like another indicator for identifying and displaying supply and demand, but dig-in further and you will discover it has much more to offer. In addition to the complete flexibility for displaying zones, consider the identification of recent support or resistance, the back-testing capability to help you learn how to identify the best supply and demand zones to trader from, the continuously updated trend information for all time frames, times from around the world displayed on

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Ahadpour 2024.12.03 16:32 #

Disappointing and a Complete Scam! The indicator does not work as advertised. Despite thorough testing, it provides false signals and only leads to losses. It seems like the indicator is solely designed to scam unsuspecting customers. The support is unresponsive or blames the user instead. I strongly advise against investing any money here! Absolutely disappointing and untrustworthy.

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Reply from developer Graeme Dakers 2025.01.20 05:03 #

I don't understand your comment. This indicator is not a signal provider, it is purely for position sizing based on entry and stop loss. Your comments appear out of place. If there are specific issues with functionality, please provide actual details.