Lot Size Calculator Premium MT4

I started of as a complete novice in trading not understanding what a pip was, not understanding leverage or how to factor in risk to manage my trades. Its been almost 3 years. I am more knowledgeable in trading. My trading continues to improve as I work on my strategy, technical analysis, trading psychology and risk management. One thing I am not worried about though is getting the right volume to match the risk for each trade.

Not too long after I began trading, I learned how to code to make my trading more efficient...it was always a pain having to manually calculate the lotsize before sending trade orders and if I was trading on a very low timeframe, it was even worse. I am very sure you can relate to this hassle of time loss, not getting the volume right etc.

Making a script to automate this calculation was a time saver and helped me become a better trader. Now, calculating the optimal lotsize is an after thought. I simply put in my inputs into the script and voila, it spits out the optimal lotsize for my trade entry. it has served me very well and I am confident it will serve you well too. 

If you have any feedback for me about the script and how I can make it better, please don't hesitate to share. I will like to hear it!

DESCRIPTION OF SCRIPT

This script is a stand alone script to calculate the optimal lotsize at which you would want to send an order using either StopLoss Pips or StopLoss Price and your risk percent. 

The outcome is an alert box that will display the optimal lotsize.

Attached is a video explaining how the script works and showing it in action.


***** Click on the Buy Button and get your "LotSize Calculator today  *****


Happy Trading!


Video Lot Size Calculator Premium MT4
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The  MT4  EAs Manager   is a professional risk management and trade assistance tool designed to monitor, control, and optimize all trading activities on your MT5 account. It acts as a   central command center   that oversees every trade - whether opened by other Expert Advisors or manually by you. How it's work with other EAs :   Blog post  MT5 version :  https://www.mql5.com/en/market/product/166211 Only 10 copies will be sold at the early-bird price. After 10 copies, the price jumps directly t
Fibo Alert Ultimate
ISO Financial Services
3.71 (7)
This tool adds alerts to your Fibo Retracement and Fibo Expansion objects on the chart. It also features a handy menu to change Fibo settings easily and quickly! Features Alert for Fibo Retracement and Fibo Expansion levels. Sound, Mobile and Email alert. Up to 20 Fibo Levels. Continuous sound alert every few seconds till a user clicks on the chart to turn it OFF. Single sound alert with pop-up window. Keeping all user settings even after changing timeframes. New handy menu to change Fibo setti
News filter, equity guard & session control for all your EAs — one tool, full protection Take a Break has evolved from a basic news filter into a comprehensive account protection solution . It pauses your other Expert Advisors during news events or based on custom filters. When trading resumes, it automatically restores your entire chart setup , including all EA settings. Why traders choose Take a Break One news filter for all your EAs — no more relying on individual built-in filters that may o
With this Expert Advisor you will follow the sound trading principle Buy Low and Sell High by default ! And you can do that even with a normal day job . You will be even able to trade on lower timeframes which you could never do without such an Expert Advisor. And the best thing is that you are in control! You can tell the Edge Zone EA where it has to enter and where it has to exit. And you can do that even many hours before the trade will occur . This EA is therefore an excellent assistant for
MultiOrder Assistent V3.0   - Your professional trading assistant for MetaTrader 4 The  MultiOrder Manager  is a powerful trading tool designed to optimize your trading while managing risk efficiently. With intuitive features and a user-friendly interface, this Tool is ideal for traders who want to manage multiple orders simultaneously without losing track.   Symbols: FX pairs, gold and cryptocurrencies Here you get a detailed description of the parameters and functions Manual     Features and
News Filter EA: Advanced Algo Trading Assistant News Filter EA is an advanced algo trading assistant designed to enhance your trading experience. By using the   News Filter EA , you can integrate a Forex economic news filter into your existing expert advisor, even if you do not have access to its source code. In addition to the news filter, you can also specify   trading days   and   hours   for your expert. The News Filter EA also includes   risk management   and   equity protection   features
Bu yardımcı program, herhangi bir işlemi Master ayarıyla bir terminalden Köle ayarıyla diğer terminallere kopyalamanıza izin verecektir Aynı zamanda hangi çiftlerin kopyalanacağını seçebilir, kopyalanan siparişin boyutunu çeşitli parametrelere göre ayarlayabilirsiniz. Düşüşte bir kayıp limiti belirleyin veya yalnızca karlı esnafı kopyalayın İşlemleri MT4 veya MT5'TEN MT4 veya MT5'E diğer brokerlere kopyalayabilirsiniz Şimdi mt4'te çalışan herhangi bir uzmanın sinyallerini MT5 terminaline vey
Easy Trade – Akıllı, Basit ve Güçlü İşlem Yönetimi Easy Trade, riski kontrol altında tutmak ve işlemleri sorunsuz gerçekleştirmek isteyen MetaTrader kullanıcıları için hepsi bir arada işlem yönetim çözümüdür. Gerçek kullanıcı geri bildirimleriyle sıfırdan tasarlanan Easy Trade, işlemleri birden fazla sembolde yürütmeyi, izlemeyi ve yönetmeyi kolaylaştırır – iş akışınızı karmaşıklaştırmadan. İster manuel olarak scalping yapın ister küçük bir işlem portföyü yönetin, Easy Trade dikkatinizi olması
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Like you when I first started trading, It was overwhelming...learning about indicators, about lotsize, leverage and many more things. Its been almost 3 years. I am more knowledgeable in trading. My trading continues to improve as I work on my strategy, technical analysis, trading psychology and trade management. One thing I am not worried about though is being able to close my trades quicky if a trade goes against me or if the trade has reached my take profit level with the help of my Close Tra
The Bollinger Residor
Obiajulu Chukwudi Nwosa
Introducing "The Bollinger Residor" It focuses on the strengths of the Bollinger Bands and RSI indicators and sends entry signals based on a pre-defined set of entry rules. This EA has been rigorously tested and has been found to perform best on USDCAD and on the H1 timeframe.  The optimal settings for the Bollinger Bands and RSI that produce the optimal results have been hard coded into the EA. Lot Size: The EA will calculate the optimal lotsize given an input risk percent. You can change the v
Like you when I first started trading, It was overwhelming...learning about indicators, about lotsize, leverage and many more things. Its been almost 3 years. I am more knowledgeable in trading. My trading continues to improve as I work on my strategy, technical analysis, trading psychology and trade management. One thing I am not worried about though is being able to close my trades quicky if a trade goes against me or if the trade has reached my take profit level with the help of my Close Trad
I started of as a complete novice in trading not understanding what a pip was, not understanding leverage or how to factor in risk to manage my trades. Its been almost 3 years. I am more knowledgeable in trading. My trading continues to improve as I work on my strategy, technical analysis, trading psychology and risk management. One thing I am not worried about though is getting the right volume to match the risk for each trade. Not too long after I began trading, I learned how to code to make m
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