Lux Calculator True Break Even MT4
- Utilitaires
- Version: 2.5
- Activations: 10
Lux Calculator for MetaTrader 4: the lot size you meant to risk, and a break-even that really closes at zero.
Most calculators size the trade on the stop distance only. Then commissions are added on top, and the "break-even" stop placed at the entry price still closes in loss. Lux Calculator fixes both.
Risk with commissions included
Choose your risk in % of balance or in account currency. The lot is computed so that loss at stop plus commissions equals your risk. Example: risk $1,000 with $20 of commissions gives $980 on price plus $20 of commissions, $1,000 in total.
Automatic commissions
MetaTrader does not publish commissions before a trade, so the calculator learns them from your account history: first from closed trades on the same symbol, otherwise from symbols of the same type. Set the Account History tab to "All history" so the calculator can see your past trades. On a brand new account it shows "no data" until your first closed trade. You can also type them in the inputs (example: XAUUSD=7;EURUSD=5, $ per lot round turn).
True break-even
The BREAK-EVEN button moves the stop beyond the entry by exactly what covers that trade's commissions, any negative swap and a slippage buffer (the current spread, then the slippage measured on your own executions, capped at 0.1R). If it is hit, you close at zero. Two clicks to avoid mistakes, optional automatic break-even at the R level you choose, and a dashed "true break-even" line on the chart for every open trade.
Everything on the chart
- Draggable entry, stop and target lines; market or pending order (limit or stop chosen automatically)
- Partials: add lines with the % to close; the target closes the rest. Waiting partials stay on the chart after the trade opens
- Panel: lots, total risk split into stop and commissions, potential profit, R:R, spread with "usual" and "wide" warning, stop distance
- "Why" field: each trade is saved with your reason in a journal file (MQL4/Files/LuxCalcolatore/journal.csv)
- Daily loss warning (default 2% of balance)
- The X button clears the lines; the setup survives timeframe changes; English or Italian from the panel
- Collapsible panel in the Lux dark theme
Made for MetaTrader 4
- Two-click opening inside the panel: press OPEN, check lots and risk, then press CONFIRM within 6 seconds. No pop-up windows.
- The "usual" spread is learned while the calculator runs (MT4 does not store spread in its history): it appears after about 20 minutes for each hour of the day.
- On market-execution (ECN) accounts, stop and target are set right after the trade opens.
Type and use
Manual trading utility. It opens a trade only when you press OPEN and CONFIRM. It checks free margin before sending the order. Works on any symbol and timeframe: forex, indices, metals, energy, crypto. Any account size and leverage. Turn on AutoTrading and allow live trading in the utility settings. Keep the utility running on the chart while the trade is open: partials and automatic break-even are managed by the utility. A user guide in English and Italian is available on request through MQL5 private messages.
Main inputs
Language, initial risk, risk in account currency, automatic break-even and its R level, slippage buffer, buffer cap, manual commissions, daily loss warning, initial stop and target, maximum slippage at market, panel position.
Risk disclaimer
Trading CFDs and leveraged products involves a high risk of losing money. This tool does not provide financial advice and does not guarantee profits. Results depend on the user's decisions and on broker conditions.
