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Interactive Position Size Calculator

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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Forward Alert To Telegram
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The Expert Advisor will help you forward all alert from  MetaTrader 4 to Telegram channel/ group.  All alert must save to folder <Data folder>MQL4\Files\Alerts\ , text file with format *.txt and screenshot with format *.png. Parameters Telegram Bot Token   - create bot on Telegram and get token. Telegram Chat ID    - input your Telegram   user ID,   group /   channel ID Forward Alert - default true, to forward alert. Send message as caption of Screenshot - default false, set true to send messa
100 USD
TradePanel MT4
Alfiya Fazylova
Trade Panel is a professional tool for manual trading. Allows you to work with orders and positions in one click, making your trading fast and comfortable. When opening an order, it simplifies the setting of stop loss and take profit, as well as automatically calculates the lot according to the specified risk and stop loss size. In addition, the utility can work with virtual orders and accompany trailing stop orders, transfer SL to the breakeven zone, perform partial closing and timely notify
50 USD
MT4 Telegram Signal Pro
Ugur Oezcan
MT4 Telegram Signal is tool, which sends selected trades via magicno to telegram channel , sms and email to user. Tool sends trades when open and close with chart to telegram chanel. It also sends every modification from trades to telegram. Tool can send multiple charts and magicno and pairs from a single chart. For this you have to fill in on the chart corresponding magic number to be sent by the chart. Send information of all type of orders: Opened (including Pending Orders), closed tiggered,
80 USD
Powerplay Trade Manager
Daniel Stein
Powerplay Trade Manager ha sido diseñado a base de Powerplay . Es un complemento ideal para nuestro popular sistema de trading Blueball . Este producto gestiona sus operaciones a base del marco temporal seleccionado y los ajustes individuales de Powerplay, así como arrastra el Stop de acuerdo con la línea de tendencia de Powerplay. Incluso si Usted no ha indicado el Stop Loss, Powerplay Trade Manager lo añadirá de inmediato y va a arrastrarlo hasta el fin del movimiento. La presencia del número
50 USD
Trend Line Optimizer
Evgenii Aksenov
This is an automatic parameter optimizer for the INFINITY Trend Line PRO indicator:  https://www.mql5.com/en/market/product/36087 You can easily and quickly select the optimal parameters for your favorite Trend Line PRO indicator. Optimization takes only a few seconds. After testing, the parameters can be saved to a ready-made set file in the folder: MQL4>Files>TrendLineOptimizedSettings User's manual:  https://www.mql5.com/en/blogs/post/738685 📢   Telegram:   https://t.me/INFINITY_PRO_ED
63 USD
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Versión 1.10 2020.09.24
Changed the hotkey from Tab+Click to Ctrl+Click