Position Size Calculator Risk Management Tool

Universal Risk Management Tool for MetaTrader 5

Position Size Calculator FREE is a simple and reliable risk management tool designed to help traders calculate the correct lot size based on account balance, risk percentage, and stop loss distance.

This tool does not open trades and does not interfere with trading logic.
It simply calculates the optimal position size and displays the information directly on the chart in real time.

The EA is compatible with Forex, Indices, Gold, Crypto and any MT5 symbol, automatically adapting to broker specifications such as minimum lot, lot step and tick value.

This makes it a practical and universal calculator for everyday trading.

• Automatic lot size calculation based on risk percentage
• Works with Balance or Equity based risk
• Compatible with Forex, Indices, Gold, Crypto, Stocks
• Real-time chart panel with trading information
• Automatic adaptation to broker specifications
• Universal filling mode compatibility
• Lightweight and fast (no indicators used)

The panel shows:

• Symbol name
• Account Balance
• Account Equity
• Base used for calculation (Balance or Equity)
• Risk percentage
• Risk amount in money
• Stop loss distance (points)
• Suggested lot size
• Minimum lot allowed by the broker
• Maximum lot allowed by the broker
• Lot step
• Value per point of the symbol

This allows traders to instantly determine the correct position size before opening a trade.

1. Attach the EA to any chart.

2. Set the desired Risk Percent.

3. Enter the StopLossPoints value.

4. The EA will automatically calculate the suggested lot size.

The calculation updates automatically when market data changes.

The tool works on any timeframe and any symbol.

RiskPercent

Percentage of account capital to risk per trade.

Example
1.0 = risk 1% of the account.

StopLossPoints

Stop loss distance expressed in points.

Example
200 points.

UseEquity

If enabled, the calculation uses account equity instead of balance.

false = Balance
true = Equity

TimerSeconds

Refresh rate of the information panel.

The EA includes a tester validation trade to allow proper verification in the MetaTrader Strategy Tester.

This validation trade is only executed during testing and does not affect normal trading.

This tool is intended only for position size calculation.

It does not open trades, manage positions, or modify orders.

Always verify stop loss placement and broker specifications before trading.

This FREE version is part of a larger tool ecosystem.

Future releases may include:

• Advanced risk manager
• Automatic position size trading tools
• Professional risk dashboards

Developed by Free1480