Signalator Lot Size Evaluator MT4

Signalator Lot Size Evaluator MT4 is a free local MetaTrader 4 utility for manual traders.

It helps calculate an estimated lot size before opening a trade manually. The calculation is based on account size, trade direction, entry price, stop loss, risk percentage or fixed money risk, and broker symbol settings.

The main purpose is simple:

Enter your setup → define your risk → get the suggested lot size.

The panel also shows useful pre-trade information such as spread, risk amount, SL/TP distance, potential reward, risk/reward ratio, approximate spread cost, lot limits, stop level, freeze level and trade permission status.

The utility is designed for manual evaluation only. It does not open, modify or close trades.

Main features:

  • Suggested lot size calculation
  • Risk percent mode
  • Fixed money risk mode
  • Fixed lot evaluation mode
  • Market or manual entry price
  • Buy/Sell direction
  • Stop loss and take profit price inputs
  • Account size input
  • Risk in account currency and percentage
  • SL/TP distance
  • Potential reward and risk/reward ratio
  • Approximate spread cost
  • Broker min/max lot and lot step check
  • Stop level and freeze level display
  • Trade allowed and terminal trading status
  • Clear setup status: OK, Caution or Invalid

The utility works locally inside MetaTrader 4. It does not use WebRequest, DLL imports, external services or signal connections.

Calculations are estimates based on broker-provided symbol data. Always check your setup carefully before placing a real trade.

How to use

  1. Attach Signalator Lot Size Evaluator MT4 to the chart of the symbol you want to trade.
  2. Select trade direction:
    • BUY for long trades
    • SELL for short trades
  3. Select entry mode:
    • MARKET uses the current Bid/Ask price
    • MANUAL lets you enter your own planned entry price
  4. Enter your stop loss price.
  5. Optionally enter your take profit price.
  6. Enter the account size you want to use for risk calculation.
  7. Select risk mode:
    • RISK % calculates lot size from account size and risk percentage
    • FIXED MONEY calculates lot size from a fixed money risk
    • FIXED LOT evaluates risk and reward for a lot size you already selected
  8. Read the large Suggested Lot result.
  9. Check the status section:
    • OK means the setup can be evaluated normally
    • CAUTION means something is missing or needs attention
    • INVALID means the setup has a logical or broker-limit issue

This tool is only a calculator. It does not send orders.


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