AlgoCore Calculator for Position Size and More

AlgoCore Calculator Product Description

  Analytical MT4 indicator that can run alongside an existing Expert Advisor.

  Can be attached to any broker-supported chart without instrument-specific configuration.

  Automatically reads the symbol’s trading specifications, including contract size, tick size, tick value, lot limits and volume step.

  Supports Forex, metals, indices, commodities and other broker-provided instruments.

  Adapts its calculations to Forex pairs, metals, indices, commodities and other CFD instruments provided by the broker.

  Does not open, modify or close trades.

  Uses live account, symbol and broker specification data.

  Calculates position size from account balance, selected risk and Stop Loss.

  Accepts risk input as a percentage or a fixed account-currency amount.

  Applies the broker’s minimum lot, maximum lot and volume-step requirements.

  Displays the raw calculated lot before broker-volume adjustment.

  Shows when the required position size is below the broker’s minimum lot.

  Displays the maximum Stop Loss available when using the minimum lot.

  Calculates the actual risk after lot-size rounding.

  Calculates Risk Amount, Potential Reward and Risk/Reward Ratio.

  Supports Stop Loss and Take Profit input in points.

  Provides optional draggable Stop Loss and Take Profit planning lines.

  Supports LONG and SHORT calculation directions.

  Recalculates values when a planning line is moved on the chart.

  Provides compound-growth projections for configurable periods.

  Includes target planning based on starting balance, target balance and timeframe.

  Displays live daily performance information.

  Calculates point, pip and price-movement values for the selected instrument.

  Summarizes open-position exposure for the current basket.

  Calculates basket-level target and break-even information.

  Reviews existing Stop Loss and Take Profit protection on open orders.

  Provides popup diagnostic messages for invalid or unavailable calculation data.

  Includes a test mode for checking supported popup messages before publication.

  The user manual documents 22 numbered functions across four calculation panels.