Lot Size Calculator for MT5
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.
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- 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.
- 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.
If you have some questions or if you need help, contact me via Private Message.
SAYADI ACHREF , fintech software engineer and founder of Finansya.