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Forex Position Sizing Calculator

You can now have your own forex position sizing calculator!

There's no need to go to other websites just to compute for the exact lot size. It also opens the trade with a click of a button.

All inputs on the calculator can be edited. So if you want to change the SL or TP or the lot size, you can do so before placing an order.

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STOP LOSS. Stop loss in pips (not points). Click on the stop loss text and it will change from green to red or red to green. Red text means there will be no stop loss added on the order.

TAKE PROFIT. Take profit in pips (not points). Click on the take profit text and it will change from green to red or red to green. Red text means there will be no take profit added on the order.

RISK IN PERCENT. Have the option to use a risk percent or a fixed risk amount. Simply click on the text and it will change from RISK IN USD (Whatever is the account currency) to RISK IN PERCENT.

  • RISK IN USD (or your account currency). It will use the fixed amount for lot size calculation.
  • RISK IN PERCENT. It will use the percent that you set which is from 0 to 100. It will be computed from the account balance and used it for lot size calculation. Max value should be 100.

LOT SIZE. Lot size that will be used when you open a market or pending order. It can be edited as you see fit.

ENTRY PRICE. This will be the exact entry price used when opening pending orders.

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Add it like an expert advisor on the chart of the market you're trading.

Make sure that automated trading is enabled on these 3 locations.

  1. Tools >> Options >> Expert Advisors. Make sure that Allow automated trading is checked.
  2. AutoTrading button on top is enabled.
  3. After adding the NewCalculator on the chart, under Common tab, make sure that Allow live trading is checked.


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4.75 (12)
FREE SIGNAL CHANEL:  https://t.me/redfox_daily_forex_signals Time saving and fast execution Whether you’re traveling or sleeping, always know that Telegram To Mt4 performs the trades for you. In other words, Our   Telegram MT4 Signal Trader  will analyze the trading signals you receive on your selected Telegram channels and execute them to your Telegram to MT4 account. Reduce The Risk Telegram To Mt4   defines the whole experience of copying signals from   Telegram signal copier to mt4  p
ADAM for FTMO 40
Vyacheslav Izvarin
ADAM EA Special Version for FTMO  Our 1st EA created using ChatGPT technology Trade only GOOD and checked PROP FIRMS  Default parameters for Challenge $100,000 Tested on EURUSD and GBPUSD only  Use 15MIN Time Frame Close all deals and Auto-trading  before Weekend at 12:00 GMT+3  Friday For Prop Firms MUST use special Protector  https://www.mql5.com/en/market/product/94887 Signal using ADAM  https://www.mql5.com/en/signals/2190554 --------------------------------------------------------------
Virtual Grid
Vladimir Gribachev
Utility for semi-automated trading. Applies dynamic levels for setting stop orders, stop loss, take profit and trailing stop, which are invisible to the broker. Suitable for working with any brokers, including American brokers with the requirement of FIFO. MT5 version of the adviser  link Transactions can be opened using buttons or lines. In order for the adviser to open a position on the line: draw a line on the chart and rename it. When crossing its price, the adviser will execute the approp
Ultimate Trailing Stop EA
BLAKE STEVEN RODGER
4.33 (15)
This EA Utility allows you to manage (with advanced filtering) unlimited open orders (manual or EA) with 16 trailing stop methods: fixed, percent, ATR Exit, Chandelier Exit, Moving Average, Candle High Low Exit, Bollinger Bands, Parabolic, Envelope, Fractal, Ichimoku Kijun-Sen, Alligator, Exit After X Minutes or Bars, RSI and Stochastic. The trailing stop can be either real or virtual, and you can exit fully or with a partial close percent on touch or bar close.  Moreover, you can add (overr
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Ever thought of your broker stop hunting your stop losses? Incognito SL and TP is exactly what you need! As promised, version 1.1 now has the SL and TP lines that can easily be adjusted by the user. ========================================== INPUTS: SL: Exact price you want the orders for the chart symbol to close when this SL price was hit. Set to 0 for no SL. TP: Exact price you want the orders for the chart symbol to close when this TP price was hit. Set to 0 for no TP. ======================
FREE
Incognito SL and TP
Christian Paul Anasco
Ever thought of your broker stop hunting your stop losses? Incognito SL and TP is exactly what you need! As promised, version 1.1 now has the SL and TP lines that can easily be adjusted by the user. ========================================== INPUTS: SL: Exact price you want the orders for the chart symbol to close when this SL price was hit. Set to 0 for no SL. TP: Exact price you want the orders for the chart symbol to close when this TP price was hit. Set to 0 for no TP. ======================
FREE
A very simple position sizing calculator to help traders calculate the right lot size per trade. It also places the order with one click. All inputs can be edited. So if you want to change the SL or TP or the lot size, you can do so before placing an order. The inputs are the following: SL - stop loss in pips (not points). set to 0 before placing an order to not add SL. TP - take profit in pips (not points).  set to 0 before placing an order to not add TP. RISK - dollar amount to risk. it will u
Now, you have your own AUTO-CLOSE program ! Once your account target or drawdown hits, all open orders will be closed automatically. ========================================== INPUTS: Account target: Put the exact account target. Once the equity hits it or went above that, all orders closed. Please add buffer to consider slippage. Use fixed value or dynamic value: Choose whether you will need a fixed value or dynamic value for drawdown.  DYNAMIC SETTINGS: Equity-based or Balance-based drawdown:
A very simple position sizing calculator to help traders calculate the right lot size per trade. It also places the order with one click. All inputs can be edited. So if you want to change the SL or TP or the lot size, you can do so before placing an order. The inputs are the following: SL   - stop loss in pips (not points). set to 0 before placing an order to not add SL. TP   - take profit in pips (not points).    set to 0 before placing an order to not add TP. RISK   - dollar amount to risk. i
Now, you have your own AUTO-CLOSE program ! Once your account target or drawdown hits, all open orders will be closed automatically. ========================================== INPUTS: Account target:   Put the exact account target. Once the equity hits it or went above that, all orders closed. Please add buffer to consider slippage. Use fixed value or dynamic value:   Choose whether you will need a fixed value or dynamic value for drawdown.  DYNAMIC SETTINGS: Equity-based or Balance-based drawdo
You can now have your own   forex position sizing calculator ! There's no need to go to other websites just to compute for the exact lot size. It also opens the trade with a click of a button. All inputs on the calculator can be edited. So if you want to change the SL or TP or the lot size, you can do so before placing an order. ========================================== STOP LOSS . Stop loss in pips (not points). Click on the stop loss text and it will change from green to red or red to green.
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Version 7.2 2024.02.13
Priority added on clicking buttons when near other objects.