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Interactive Position Size Calculator

30 USD

Versione demo scaricata: 22

Pubblicato: 25 agosto 2020

Versione attuale: 1.10

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Interactive Position Size Calculator

Utilità
Graeme Dakers
Versione: 1.10
Aggiornato: 24 settembre 2020
Attivazioni: 5

The LMBFPositionSize indicator is a simple way to quickly determine the position size appropriate for your prospective trade interactively on your Metatrader 4 charts.

When you first add the indicator to your chart, you will be given the option to set parameters including:

the account balance to use in the calculation and
a percentage of the balance you are prepared to risk.

Once attached to your chart, the indicator is available for you to use whenever you want and will continue to use these parameters in the calculation It also allows for the current spread.

With the indicator attached to your chart, just hold the <tab> key down and left click your mouse whilst the cursor is close to the area you wish to trade. A yellow rectangle will be appear with the number of lots displayed in its bottom right corner. Adjust the top and bottom of the rectangle to align with your prospective trade entry and stop-loss levels and the displayed position size will be updated immediately.

If you update the values of any of your parameters, the position size will again be updated automatically.

You will notice that the lot size displayed may start changing slightly as it is updated continuously with the current value of the spread.

Move the rectangle around and the lot size label will follow it. Or delete either the rectangle or label from your charts and both will disappear.

As seen on the screenshots supplied, with this indicator there is no limit to the number of position sizes that can be calculated at any one time

Please refer to the video for a demonstration of using this indicator.

It is recommended to demo trade the indicator initially while you become familiar with the position sizing calculation. No responsibility is taken for any losses that may occur whilst using this indicator.

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Completely change the way you use Metatrader 4 forever and give new meaning to using profiles and templates. Just attach the indicator to your open charts (e.g. include in your default template) and customised templates so you can do the following: Switch between different templates effortlessly without fear of losing any of the graphical objects (horizontal S&R, areas of supply and demand, text annotations) drawn on your charts Close a chart and then watch it remember all the graphical objects

This may just look like another indicator for identifying and displaying supply and demand, but dig-in further and you will discover it has much more to offer. In addition to the complete flexibility for displaying zones, consider the identification of recent support or resistance, the back-testing capability to help you learn how to identify the best supply and demand zones to trader from, the continuously updated trend information for all time frames, times from around the world displayed on

Use this tool to plan your trades directly on your charts and get instant feedback on account risk, trade risk to reward and required position size. Plus, purchase LMBF Executor separately to easily convert planned trades into orders and manage them from your charts. Features include: Plan multiple trades for one or more symbols visually on your charts at one time, either on the same of different time frames. Use your mouse to drag levels to change entry, stop loss and take profit levels. See

**IMPORTANT** THIS TOOL REQUIRES YOU TO FIRST PURCHASE "Graphical Trade Planner" https://www.mql5.com/en/market/product/56702. Without it, this tool will do nothing of any use. -------------------------- Use "Graphical Trade Planner" to plan your trades directly on your charts and get instant feedback on account risk, trade risk to reward and required position size. Plus, purchase LMBF Executor separately to easily convert planned trades into orders and manage them from your charts. Features i

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Versione 1.10 2020.09.24

Changed the hotkey from Tab+Click to Ctrl+Click