Drag Drop Lot Size Calculator

Drag Drop Lot Size Calculator

Overview

Drag Drop Lot Size Calculator is a chart-based risk and position sizing tool for MetaTrader 5. It calculates the appropriate lot size based on your account balance (or equity), the selected risk percentage, and the stop-loss distance defined by a single horizontal line on the chart. A compact on-chart panel displays the key values in real time.

Key Features

  • One-line workflow: uses a single horizontal line as the stop-loss level

  • Real-time lot size calculation based on risk percentage and stop distance

  • Displays risk amount (money), stop price, distance in pips, and computed lot size

  • Preset risk buttons (0.10% to 4.00%) for quick adjustments

  • Optional balance/equity basis for risk calculation

  • Draggable panel (optional) for flexible chart placement

  • Works on any symbol supported by the broker (uses broker tick value/tick size)

How It Works

  1. Attach the indicator to a chart.

  2. Draw exactly one horizontal line (HLINE) at your intended stop-loss price.

  3. The indicator detects the line and treats it as the stop-loss level.

  4. Entry price is taken from current market price (Ask for BUY, Bid for SELL).

  5. Lot size is calculated so that the loss at the stop equals the selected risk amount.

  6. The panel updates automatically when you move the stop line or change risk presets.

If more than one horizontal line is present, the indicator will request that you remove all but one line to avoid ambiguity.

Inputs (Parameters)

  • Risk Percentage: Risk per trade in percent (e.g., 1.00)

  • Use Equity instead of Balance: If enabled, risk is based on equity; otherwise balance

  • Direction: Auto, BUY, or SELL (Auto selects based on stop line relative to current price)

  • Default Stop Distance (pips): Reserved for workflow defaults (not required for calculation when using the line)

  • Risk Line Color / Thickness: Visual preferences for the stop concept (panel-based display)

  • Label Text Color: Panel text color

  • Show Preset Buttons: Enables quick risk percent buttons

  • Panel Y Position / Panel Width: Panel placement and sizing

  • Panel Draggable: Allows moving the panel by dragging

Notes and Limitations

  • The indicator does not place trades and does not modify orders. It is a calculation and visualization tool.

  • Accurate lot calculation requires valid broker tick data. If tick value/tick size is not available yet, the panel will display a waiting/error message until the next price update.

  • For correct results, keep exactly one horizontal line on the chart to define the stop-loss level.

Usage Tips

  • Set Direction to BUY or SELL if you want to lock the calculation to one side.

  • Use Use Equity instead of Balance if you size risk based on current floating P/L exposure.

  • If the computed lot size is below broker minimum or above broker maximum, the panel will display a warning and you should adjust risk or stop distance.

Support

If you encounter an issue, please describe the symbol, account type, broker, and steps to reproduce the problem in the product comments so it can be resolved efficiently.


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PROP FIRM OS Structured Trading Assistant for MetaTrader 5 PROP FIRM OS is a structured trading assistant designed for MetaTrader 5 users who prefer rule-based market analysis and organized trading workflows. The Expert Advisor combines market analysis tools, scanner functions, dashboard monitoring, alerts, risk-control settings, and trade management features inside one system. PROP FIRM OS is designed to help traders follow selected rules, filters, and monitoring conditions during trading activ
News Filter EA
Rashed Samir
5 (2)
News Filter EA: Advanced Algo Trading Assistant News Filter EA is an advanced algo trading assistant designed to enhance your trading experience. By using the News Filter EA , you can integrate a Forex economic news filter into your existing expert advisor, even if you do not have access to its source code. In addition to the news filter, you can also specify trading days and hours for your expert. The News Filter EA also includes risk management  and equity protection features. MT4 Version Ma
EA Auditor
Stephen J Martret
5 (5)
EA Auditor is an independent analysis tool for traders evaluating Expert Advisors and trading signals on MetaTrader 5. It audits backtest reports, reviews posted developer signals, and cross-verifies the two against each other to help traders assess strategies before committing capital. The MQL5 market offers a wide range of Expert Advisors from many developers, with varying approaches, quality, and transparency. EA Auditor provides a consistent, data-driven framework for reviewing them, answer
Scrivimi dopo l’acquisto per ricevere il kit completo del manuale + 3 giorni di prova dell’API OpenAI per testare le funzionalità AI + un altro regalo bonus Il prezzo attuale è uno sconto limitato per l’aggiornamento del rilancio di agosto — assicurati subito la tua edizione prima che il prezzo aumenti. Prossimo prezzo: $340 È completamente diverso da qualsiasi pannello di trading tu abbia mai provato o visto sul mercato. È uno dei pannelli di trading basati sull’IA più innovativi attualmente d
Quant AI Agents
Ho Tuan Thang
5 (1)
Quant AI Agents are independent trading Expert Advisors. Instead of trading using a fixed strategy like other conventional EAs, Quant AI Agents   is a   multi-agent AI trading framework   that turns natural-language strategy prompts into live.  WANT THE SAME RESULTS AS MY LIVE SIGNAL?   Use the exact same brokers I do:   IC MARKETS , IC TRADING   .  Unlike the centralized stock market, Forex has no single, unified price feed.  Every broker sources liquidity from different providers, creating un
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Transparent Renko Overlay Indicator Overview Transparent Renko Overlay Indicator displays Renko bricks directly on the main price chart as a semi-transparent overlay. Unlike traditional Renko charts that require a separate offline window, this indicator allows traders to view standard candlestick price action and Renko structure simultaneously on the same chart. The overlay helps identify trend direction, price noise, and consolidation phases without losing time-based market context. Key Feature
FREE
Renko Velocity Heatmap is a separate-window indicator that converts standard time-based price series into Renko-style blocks and colors them by momentum speed. Each block represents a fixed Renko box size, while the color intensity reflects how fast the block was formed relative to recent average formation time. Slow movement appears dim/neutral, fast movement becomes more saturated, enabling quick visual assessment of acceleration and deceleration in trend moves. The indicator is designed for t
FREE
NNFX D1 Aroon Kijun ATR EA is an automated strategy template for MetaTrader 5 that implements a rule-based daily timeframe workflow with ATR-based risk management, structured entries, and disciplined exits. The Expert Advisor is intended for end-of-day operation and processes signals only on the close of each new daily candle. The EA uses a baseline (Kijun), a confirmation signal (Aroon), and a volume/momentum filter (Jurik RSX) to determine trade direction and qualify entries. It opens two posi
FREE
Prop Firm Daily Loss Guardian Prop Firm Daily Loss Guardian is a lightweight risk-management utility for MetaTrader 5. It displays a clear on-chart “traffic light” status panel for your daily loss usage and can optionally enforce a hard stop by closing newly opened positions once a critical drawdown level is reached. The tool is designed for traders who want an immediate, visual understanding of when to reduce risk and when to stop trading for the day. Key Features On-chart status panel with tra
FREE
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