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Lot Size Calculator Premium MT5

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!



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Dedicated for FTMO and other Prop Firms Challenges 2020-2023 Trade only GOOD and checked PROP FIRMS  Default parameters for Challenge $100,000 Best results on GOLD and US100  Use any Time Frame Close all deals and Auto-trading  before  US HIGH NEWS, reopen 2 minutes after Close all deals and Auto-trading  before Weekend at 12:00 GMT+3  Friday Recommended time to trade 09:00-21:00 GMT+3 For Prop Firms MUST use special  Protector  https://www.mql5.com/en/market/product/94362 ------------------
Mentfx Mmanage mt5
Anton Jere Calmes
4.43 (7)
The added video will showcase all functionality, effectiveness, and uses of the trade manager. Drag and Drop Trade Manager. Draw your entry and have the tool calculate the rest. Advanced targeting and close portions of a trade directly available in tool (manage trades while you sleep). Market order or limit order on either side with factored spread. Just draw the entry, the tool does the rest. Hotkey setup to make it simple. Draw where you want to enter, and the stop loss, the tool calculates al
This is exactly what the name says. Visual strategy builder . One of a kind. Turn your trading strategies and ideas into Expert Advisors without writing single line of code. Generate mql source code files with a few clicks and get your fully functional Expert Advisors, which are ready for live execution, strategy tester and cloud optimization. There are very few options for those who have no programming skills and can not create their trading solutions in the MQL language. Now, with Bots Build
Grid Manual MT5
Alfiya Fazylova
4.83 (12)
Grid Manual, sipariş ızgarasıyla çalışmak için kullanılan bir ticaret yardımcı programıdır. Yardımcı program evrenseldir, esnek ayarlara ve sezgisel bir arayüze sahiptir. Sadece kayıpların ortalaması yönünde değil, aynı zamanda kazanç artışı yönünde de bir emir ızgarası ile çalışır. Tüccarın bir emir ızgarası oluşturmasına ve eşlik etmesine gerek yoktur, bu yardımcı programı yapacaktır. Emri açmanız yeterlidir ve Grid manual otomatik olarak ona bir emir ızgarası oluşturacak ve kapanana kadar ona
DrawDown Limiter
Haidar, Lionel Haj Ali
5 (17)
Drawdown Limiter EA You are in the right place if you were searching for Drawdown control, Drawdown limiter, Balance protection, Equity Protection or Daily Drawdown Limit related to Prop Firm, FTMO, or Funded account trading, or if you want to protect your trading account. Have you suffered from controlling your drawdown when trading funded accounts? This EA is meant for you. Prop firms usually set a rule called “Trader Daily Drawdown”, and if it is not respected, you are disqualified.  I am an
The top-selling EAs on the market cost a lot and one day they are suddenly gone. This is because one strategy will not work in the forex market all the time. Our product is unique from all others in the MQL Marketplace because our EA comes with 34+ built-in indicators that allow develop strategies every time.  You build your strategy and keep updating it. If one strategy does not work, simply build another all using only one EA. This is All-In-One EA   in this market place. You can use as trade
News Trade EA MT5
Konstantin Kulikov
4.55 (11)
Birkaç yıldır kullandığım çok yararlı bir robotu tanıtıyorum. Hem yarı otomatik hem de tam otomatik modlarda kullanılabilir. Program, ekonomik takvim haberlerinde esnek ticaret ayarlarını içeriyor. Stratejiler test cihazında kontrol edilemez. Sadece gerçek bir iş. Terminal ayarlarında, haberler sitesini izin verilen URL'ler listesine eklemeniz gerekir. Servisler > Araçlar > Danışmanlar'a tıklayın. "Aşağıdaki URL'ler için WebRequest'e İzin Ver:" kutucuğunu işaretle. Aşağıdakini ekleyin (boşluğ
Adam FTMO MT5
Vyacheslav Izvarin
5 (1)
ADAM EA Special Version for FTMO Please use ShowInfo= false for backtesting ! Our 1st EA created using ChatGPT technology Trade only GOOD and checked PROP FIRMS  Default parameters for Challenge $100,000 Tested on EURUSD and GBPUSD only  Use 15MIN Time Frame Close all deals and Auto-trading  before Weekend at 12:00 GMT+3  Friday For Prop Firms MUST use special Protector  https://www.mql5.com/en/market/product/94362 Signal using ADAM  https://www.mql5.com/en/signals/2190554 --------------------
The product combines a manual trade panel with the ability to perform actions automatically in a highly configurable way. Actions include capturing indicator values and then based on those values raising alerts, open/close or partially close trades, scale-in, setting up pending orders, adjusting stop loss, take profit and more. On-chart controls can be configured, such as tick boxes and buttons, so can be fully interactive. The EA also handles money management, news events, hidden stop loss, tak
Genel bakış Sadece satırları hareket ettirin, lot, kayıp kesim miktarını doldurarak otomatik olarak hesaplanır. Aşağıda sekiz para birimi hesaplanabilir. (USD, EUR, GBP, JPY, AUD, NZD, CHF, NZD) Sabit denge miktarı veya oranı seçilebilir. Risk ödüllerini hesaplayın. Piyasa siparişi, sınır siparişi ve durdurma siparişi otomatik olarak uygulanır. FX, CFD ve kripto para birimini destekler. Dikkat "Ücretsiz demo" işe yaramaz. Demo sürümünü bir sonraki sayfadan indirebilirsiniz.    https://www.mq
Yazarın diğer ürünleri
I began trading 3 years ago.   While sending my trades, I found the process of calculating my stoploss, takeprofit prices, and my lotsize to match my risk not efficient. It always felt like a rush against time to get my trades in. I wished there was a better way to easily, quickly and automatically send my trades. I wanted to solve this challenge and so I learned how to code in the MT4 and MT5 languages and created a script to send trade requests automatically using 1 of 3 methods, pips, ATR Mu
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 Tr
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
I began trading 3 years ago.     While sending my trades, I found the process of calculating my stoploss, takeprofit prices, and my lotsize to match my risk not efficient. It always felt like a rush against time to get my trades in. I wished there was a better way to easily, quickly and automatically send my trades. I wanted to solve this challenge and so I learned how to code in the MT4 and MT5 languages and created a script to send trade requests automatically using 1 of 3 methods, pips, ATR
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
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