TradeSizer

TradeSizer is a chart-based position sizing and manual order placement panel for MetaTrader 5. Set your intended risk, position your stop and target, review the calculated lot size, and send the order by clicking Place.

Plan directly on the chart

Choose Long/BUY or Short/Sell to create a setup. Drag the stop and target to the levels you want. TradeSizer updates the position size and estimated cash values as you adjust the plan. Use a 1R or 2R target lock, or choose Free to position the target manually.

Choose how to size your trade

Set risk as a cash amount in account currency, a percentage of balance, or a percentage of equity. Review lot size, stop distance, reward-to-risk ratio and spread before placing the order.

Market and pending orders

Select Market, Limit or Stop. For a pending setup, drag the entry to your intended price. Orders are submitted only when you click Place. The setup Cancel button removes planning lines without placing or closing a trade.

Manage panel trades

Trades matching the configured magic number are grouped by symbol. Each symbol group includes Close all, Close wins and Close loss controls that apply to that symbol. Ticket controls include half-position partial close where supported, individual close and moving the stop to the entry fill price. Stops and targets can also be adjusted on the chart. Pending orders can be cancelled from the panel.

Practical chart layout

A risk/reward strip and price-level labels help you review a setup. The panel can be moved by dragging its title bar.

Requirements and limitations

TradeSizer requires MetaTrader 5 and trading permission for order placement and modification. It is a manual trading utility and does not provide trading signals or open trades automatically. It does not include automatic trailing stops, hidden stops or OCO orders.

Position sizing uses broker symbol specifications and permitted volume increments. If the calculated volume is below the broker minimum, the tool uses the minimum volume, which can exceed the requested risk. Review the displayed lot size and estimated cash risk before placing. Planned risk is an estimate, not a guaranteed maximum loss. Execution price, gaps, slippage and trading costs can change the final result. Moving a stop to the fill price does not cover commission or other costs.

Order placement, modifications and partial closes depend on broker rules, account mode and volume limits. Partial close availability should be checked on your account. TradeSizer manages trades matching its configured magic number; use a distinct number when separate trade management is required.

Support

For product support, use MQL5 messages or the product comments section. Include the product version, symbol, account mode and the status message when reporting an issue. Remove account identifiers from any screenshots you share.