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Simple Position size Lot calculator panel

Don't need to calculate your position size anymore.

Set the Risk size in % (based on your balance) and then locate your StopLoss level of your would-be position and your trade will be executed with the proper position size.

You have the chance to close all your floating positions on the instrument you are currently on by clicking on the "CLOSE" button.


How to use?

  1. Attach the expert to the chart and set its parameters.
  2. Click on the STOP button and locate the horizontal line to your would-be StopLoss level.
  3. Double check the risk you set before. If you'd like to increase/decrease then press the plus(+)/minus(-) button.
  4. Finally click on the BUY/SELL button.
  5. Enjoy :)


Input Parameters:

  1. "True means your confirmation doesn't need to execute the trade!" - If you set False, that means if you make an execution (BUY or SELL) then a message box comes up and you have to confirm to execute the trade.
  2. "Risk in percentage based on the balance (can be modified later)" - For example 1 means, your risk on your each trade will be $100 if your current balance is $10.000. This percentage can be modified easily on the chart anytime by clicking on the minus (-) and the plus (+) button.
  3. The other inputs are for design only (colors, text etc.)


Don't hesitate to contact me if you require any further help.

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2.33 (9)
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5 (1)
Utilità
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Altri dall’autore
BeOnTheSafeSide
Szabo Bence
Experts
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Szabo Bence
5 (2)
Indicatori
This indicator is a basic RSI but comes up with a useful feature. You can set zones within the RSI and these zones can be displayed with different background colours. (You can see on the pictures below) You need to set the zone ranges and their colours at the input parameters. Six different zones can be set. Should you have any questions or comments, feel free to contact me.
FREE
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Szabo Bence
Utilità
This script calculates the SQN (System Quality Number) value of your account within a time interval that you will set. Keep in mind that trades with no initial stoploss value won't be calculated because of the nature of the system! The calculations will be made on your current account. What is SQN? Van K. Tharp proposed a formula for System Quality Number (SQN) that measured strategy performance and could be used as a custom objective for optimizing strategy parameters. The formula was prese
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Risk of Ruin calculation
Szabo Bence
Utilità
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FREE
Go To Random Chart Position
Szabo Bence
Utilità
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FREE
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Versione 2.2 2021.05.07
New Features:

- The expert now supports Futures trading (ES, NQ etc.)
- For your convenience keyboard shortcuts:

Press 'B' = BUY button on the expert
'S' = SELL
'L' = Activate the StopLoss line
'NUM_UP' = increase risk (+ button on the expert)
'NUM_DOWN' = decrease risk (- button on the expert)
Versione 2.0 2020.04.12
One more feature added:

- You can close all of your floating positions on the instrument you are currently on by clicking the 'CLOSE' button.
Versione 1.45 2020.02.18
A tiny bug fixed.
Versione 1.4 2020.02.18
Safeguard feature added.
Versione 1.3 2020.02.16
With this upgrade:

- Immediate trade feature added. If you set this feature True in the input section that means that the expert won't ask for your confirmation when click on the BUY/SELL button (the trade is executed immediately).
- Account balance calculation modifier. With this feature you can set with what percentage of your balance the expert calculate the trading volume. You can set it in the feature section. Default is 100. This is in percentage.
Example: if you set to 100 and your actual balance is $1000, you set 1% risk that means your risk will be: 1000*0,01 = $10
If you set to 120, then the calculation will be: 1000*1,2*0,01 = $12
Versione 1.2 2019.12.24
Changes with this upgrade:

- StopLevel doesn't disappear while switching between the timeframes
- Calculator pays attention to the micro lot accounts