One SL line lot size
- Indicateurs
- Version: 1.0
- Activations: 5
Easy! Before opening a trade, the indicator calculates your position size. Just drag one line to your stop level.
A one-line position size calculator based on a percentage of your total account balance. Just drag the SL line below or above your stop level to instantly see the lot size. The information updates automatically as the price changes. Works with Forex, stocks, crypto, and metals.
Enjoy! 😉
How to Use :
Attach to the chart
Drag the indicator onto your chart.
Draw a Stop-Loss Line:
Use the horizontal line tool → Rename it to SL-Line (exact name!).
Adjust Settings:
Toggle UseATR in the indicator’s input parameters for volatility-based SL.
View Lot Size:
The indicator displays the calculated lot size in the top-left corner.
Troubleshooting:
SL Line Not Detected:
Create a line and Ensure the line is named exactly SL-Line (case-sensitive).
Incorrect ATR Values: Test with UseATR = false first to isolate the issue.
Errors:
Ensure you’re using MetaTrader 5’s latest version
Final Notes:
This indicator now only calculates lot size based on your manual SL line. To execute trades:
Note the calculated lot size (e.g., 0.2 lots).
Manually open a trade in MT5’s order window with that lot size.
Let me know if you need further tweaks! 🚀
