Skip to content

Calculate your position size based on risk and account size before every trade. Includes an indicator and a trading script.

License

Notifications You must be signed in to change notification settings

m54h/PositionSizeCalculator

 
 

Folders and files

NameName
Last commit message
Last commit date

Latest commit

 

History

44 Commits
 
 
 
 
 
 
 
 
 
 

Repository files navigation

Support Ukraine Badge

Position Size Calculator

Position Size Calculator indicator for MT4 and MT5 by EarnForex.com.

Position Size Calculator automatically calculates the number of lots to trade based your risk tolerance, account size and currency, currency pair, commission, and other settings.

It is a feature-rich indicator that was designed to work with all kinds of instruments and to help with everything related to position sizing - margin, potential portfolio risk & profit, swaps, and so on.

Position Size Calculator - an example chart with ATR settings enabled

The indicator is accompanied by the PSC-Trader script, which can be used to open trades based on the calculations done by Position Size Calculator panel.

A very detailed description of the indicator and the script can be found here: https://www.earnforex.com/metatrader-indicators/Position-Size-Calculator/

Installation instructions (including video): https://www.earnforex.com/metatrader-indicators/Position-Size-Calculator/#Installation

All sorts of contributions are welcome!

About

Calculate your position size based on risk and account size before every trade. Includes an indicator and a trading script.

Resources

License

Stars

Watchers

Forks

Packages

 
 
 

Languages

  • MQL5 93.1%
  • MQL4 6.9%