![]() Position Sizer is available for both MT4 and MT5, but the MT5 version provides slightly better functionality because the platform itself is more advanced. This EA is an evolution of our free online tool and the MetaTrader indicator called Position Size Calculator. Supports stop limit orders in MetaTrader 5.The calculated position can be divided into several trades with different take-profit levels.Allows opening positions based on the calculations.Completely free and open-source project.Custom profiles restore panel's location, status, and settings.The EA automatically saves and loads its inputs on timeframe change or platform restart, preserving your configuration efforts.Optional display of the point value for the calculated position size.Detailed swaps (rollover interest) information is available in a separate tab.You can enter a custom leverage to calculate position margin based on it.The expert advisor can show the maximum position size based on available margin.Information about required margin is available in a separate tab.You can see current and potential risk and reward profile.You can even calculate risk based on a given position size.Supports pending and instant orders (easy switching).If a take-profit is given, the calculator shows the potential reward level and the risk-to-reward ratio.Alternatively, you can set them as multiples of ATR ( Average True Range).You can choose to set stop-loss and take-profit as distance in points.Entry, stop-loss, and take-profit lines can be dragged directly on the chart.All calculation parameters can be adjusted inside the panel in one or two mouse clicks.The panel can be moved freely across the chart.Calculation inputs and results are displayed in a graphical panel.Works with any trading instruments - currency pairs, CFDs, equities, indices, commodities, futures, cryptocurrencies.Account size (balance, equity, or even your savings account).Position Sizer (MetaTrader expert advisor) calculates how many lots to trade based on:
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |