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Simple Position Sizing Calculator

30 USD

Demo downloaded: 1

Published: 29 January 2024

Current version: 6.4

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Simple Position Sizing Calculator

Utilities
Christian Paul Anasco
Version: 6.4
Updated: 1 February 2024
Activations: 5

A very simple position sizing calculator to help traders calculate the right lot size per trade. It also places the order with one click.

All inputs can be edited. So if you want to change the SL or TP or the lot size, you can do so before placing an order.

The inputs are the following:

SL - stop loss in pips (not points). set to 0 before placing an order to not add SL.

TP - take profit in pips (not points). set to 0 before placing an order to not add TP.

RISK - dollar amount to risk. it will use the account currency.

LOT - lot size to use to open the trade.

PRICE - entry price for your pending order. used only on 4 pending orders.

==========================================

Add it like an expert advisor on the chart of the market you're trading.

Make sure that automated trading is enabled on these 3 locations.

Tools >> Options >> Expert Advisors. Make sure that Allow automated trading is checked.
AutoTrading button on top is enabled.
After adding the PropFirmCloseAllOrders on the chart, under Common tab, make sure that Allow live trading is checked.

more...

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Ever thought of your broker stop hunting your stop losses? Incognito SL and TP is exactly what you need! As promised, version 1.1 now has the SL and TP lines that can easily be adjusted by the user. ========================================== INPUTS: SL: Exact price you want the orders for the chart symbol to close when this SL price was hit. Set to 0 for no SL. TP: Exact price you want the orders for the chart symbol to close when this TP price was hit. Set to 0 for no TP. ======================

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Ever thought of your broker stop hunting your stop losses? Incognito SL and TP is exactly what you need! As promised, version 1.1 now has the SL and TP lines that can easily be adjusted by the user. ========================================== INPUTS: SL: Exact price you want the orders for the chart symbol to close when this SL price was hit. Set to 0 for no SL. TP: Exact price you want the orders for the chart symbol to close when this TP price was hit. Set to 0 for no TP. ======================

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Now, you have your own AUTO-CLOSE program ! Once your account target or drawdown hits, all open orders will be closed automatically. ========================================== INPUTS: Account target: Put the exact account target. Once the equity hits it or went above that, all orders closed. Please add buffer to consider slippage. Use fixed value or dynamic value: Choose whether you will need a fixed value or dynamic value for drawdown. DYNAMIC SETTINGS: Equity-based or Balance-based drawdown:

You can now have your own forex position sizing calculator ! There's no need to go to other websites just to compute for the exact lot size. It also opens the trade with a click of a button. All inputs on the calculator can be edited. So if you want to change the SL or TP or the lot size, you can do so before placing an order. ========================================== STOP LOSS . Stop loss in pips (not points). Click on the stop loss text and it will change from green to red or red to green. Re

A very simple position sizing calculator to help traders calculate the right lot size per trade. It also places the order with one click. All inputs can be edited. So if you want to change the SL or TP or the lot size, you can do so before placing an order. The inputs are the following: SL - stop loss in pips (not points). set to 0 before placing an order to not add SL. TP - take profit in pips (not points). set to 0 before placing an order to not add TP. RISK - dollar amount to risk. i

Now, you have your own AUTO-CLOSE program ! Once your account target or drawdown hits, all open orders will be closed automatically. ========================================== INPUTS: Account target: Put the exact account target. Once the equity hits it or went above that, all orders closed. Please add buffer to consider slippage. Use fixed value or dynamic value: Choose whether you will need a fixed value or dynamic value for drawdown. DYNAMIC SETTINGS: Equity-based or Balance-based drawdo

You can now have your own forex position sizing calculator ! There's no need to go to other websites just to compute for the exact lot size. It also opens the trade with a click of a button. All inputs on the calculator can be edited. So if you want to change the SL or TP or the lot size, you can do so before placing an order. ========================================== STOP LOSS . Stop loss in pips (not points). Click on the stop loss text and it will change from green to red or red to green.

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Version 6.4 2024.02.01

Updated the dashboard and screenshot.

Version 6.3 2024.01.31

Fixed the issue with adding SL and TP on pending orders.

Version 6.2 2024.01.30

Fixed problem with opening buy limit and sell stop orders.

Version 6.1 2024.01.29

Added the pending orders