Lot Size Calculator for MT4

Every trader knows that he or she should never Risk more than 5% (or 7%) per trade. This is a Money Management law and an usable LotSize should be calculated each time because a trader must use a different StopLoss value  for different trading levels. This indicator will calculate an appropriate LotSize for the moment when you will put it on the chart and each time you will drag the "Stop Loss Line" in any direction.


LIMITED TIME OFFER: All our premium indicators are available for only 50$, by accessing our MQL5 blog you will find all the details of our premium indicators. Click here.

Inputs

  • MAX_RISK_PER_TRADE- How many percentages the trader will risk per trade.
  • CUSTOM_BALANCE- Define the amount that will be used to calculate the Risk. 0 => The calculator will use account Balance.
  • ENTRY_PRICE_LINE_COLOR - color of the TP (Take Profit) line
  • STOP_PRICE_LINE_COLOR- color of the SL (Stop Loss) line
  • SPREAD_LINE_COLOR -  color of the ask line price.

Key Features

  • The user can drag and drop the entry price line.
  • The user can drag and drop the stoploss price line.
  • If the entry price line is above the stop-loss price line, the calculator will identify the trade as a Buy order.
  • If the entry price line is below the stop-loss price line, the calculator will identify the trade as a Sell order.


Contact 

If you have some questions or if you need help, contact me via Private Message.


Author

SAYADI ACHREF , fintech software engineer and founder of Finansya.

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EA Local Trade Copier Pro MT4: The Ultimate DLL-Free Trade Duplicator Are you tired of complicated trade copiers that require unsafe external DLLs, crash your terminal, or confuse you with separate "Master" and "Client" files? Experience the next generation of trade copying with EA Local Trade Copier Pro MT4. Engineered for maximum stability, lightning-fast execution, and ultimate simplicity, this utility allows you to seamlessly copy trades between multiple MetaTrader terminals on the same Wind
Basket EA MT4
Juvenille Emperor Limited
5 (5)
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Basket EA MT4 is a powerful profit-harvesting tool and a comprehensive account protection system, all combined into a simple and easy-to-use solution. Its core purpose is to give you complete control over your trading account’s overall profit and loss by managing all open positions at the basket level, rather than individually. The EA offers a full range of basket-level features, including take profit, stop loss, break even, and trailing stop loss. These can be configured as a percentage of your
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The Range analyzer indicator shows the average pip range of a Forex pair measured over a certain number of periods. Traders can use the ADR to visualize potential price action outside the average daily move. When ADR is above average, it means that the daily volatility is higher than usual, which implies that the currency pair may be extending beyond its norm. Our ADR Analyzer is composed of 5 main features  : Range ( ADR ) Screener:   A multi-currencies ADR analysis. ADR Zone:   shows the expec
Volatility analyzer with alerts for MT4
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Volatility analyzer is a momentum indicator,  which capitalizes on the tendency for price to break out strongly after consolidating in a tight trading range. The indicator also uses a momentum oscillator to show the expected direction of the move when the squeeze fires. This histogram oscillates around the zero line, increasing momentum above the zero line indicates an opportunity to purchase long, while momentum falling below the zero line can indicate a shorting opportunity. LIMITED TIME OFFE
MT5 Trend Currency Strength Pro
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Currency strength meter gives you a quick visual guide to which currencies are currently strong, and which ones are weak. The meter measures the strength of all forex cross pairs and applies calculations on them to determine the overall strength for each individual currency.We calculate based the strength of currency based on the trend of 28 pairs. LIMITED TIME OFFER : Trend CSM Indicator is available for only 50 $. ( Original price 125$ ) By accessing to our MQL5 Blog,  you can find all our p
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Boom and Crash Spike Detector indicator is coded based on an advanced strategy primarily for detecting the Boom and Crash in the prices. Complex algorithms were implanted to detect high probability   Booms and Crashs in the prices .  Key Features Sends push notifications to mobile phone Pop up and sound alerts on computer or laptop Displays non repaint arrows (up arrows for Potential Boom and down arrows for Potential Crash) Working with all pairs. Recommendation Timeframe : H1 and H4 Recomme
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Every trader knows that he or she should never Risk more than 5% (or 7%) per trade.This is a Money Management law and an usable LotSize should be calculated each time because a trader must use a different StopLoss value  for different trading levels. This indicator will calculate an appropriate LotSize for the moment when you will put it on the chart and each time you will drag the "Stop Loss Line" in any direction. LIMITED TIME OFFER: All our premium indicators are available for only 50$, by
Range Analyzer with alerts for MT5
STE S.S.COMPANY
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The Average Daily Range shows the average pip range of a Forex pair measured over a certain number of periods. Traders can use the ADR to visualize potential price action outside the average daily move. When ADR is above average, it means that the daily volatility is higher than usual, which implies that the currency pair may be extending beyond its norm. Our ADR Analyzer is composed of 5 main features  : Range ( ADR ) Screener:   A multi-currencies ADR analysis. ADR Zone:   shows the expected m
Volatility analyzer with alerts for MT5
STE S.S.COMPANY
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Volatility analyzer is a momentum indicator, which capitalizes on the tendency for price to break out strongly after consolidating in a tight trading range. The  indicator also uses a momentum oscillator to show the expected direction of the move when the squeeze fires. This histogram oscillates around the zero line, increasing momentum above the zero line indicates an opportunity to purchase long, while momentum falling below the zero line can indicate a shorting opportunity. LIMITED TIME OFFE
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Ifeanyi_daniel1997
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Ifeanyi_daniel1997 2022.06.24 21:44 
 

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Jia Bin Zheng
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Jia Bin Zheng 2022.03.09 09:46 
 

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