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Forex Position Sizing Calculator

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.

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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. Red text means there will be no stop loss added on the order.

TAKE PROFIT. Take profit in pips (not points). Click on the take profit text and it will change from green to red or red to green. Red text means there will be no take profit added on the order.

RISK IN PERCENT. Have the option to use a risk percent or a fixed risk amount. Simply click on the text and it will change from RISK IN USD (Whatever is the account currency) to RISK IN PERCENT.

  • RISK IN USD (or your account currency). It will use the fixed amount for lot size calculation.
  • RISK IN PERCENT. It will use the percent that you set which is from 0 to 100. It will be computed from the account balance and used it for lot size calculation. Max value should be 100.

LOT SIZE. Lot size that will be used when you open a market or pending order. It can be edited as you see fit.

ENTRY PRICE. This will be the exact entry price used when opening pending orders.

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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.

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


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Closing positions in MetaTrader 4 upon reaching the total profit/loss with the profit trailing function. You can enable the Virtual stops (Separate Order) , Calculating and closing for BUY and SELL positions separately (Separate BUY SELL) , Closing and calculating all symbols or the current symbol only (All Symbols) , Enable trailing for profit ( Trailing Profit) Close on total profit and loss in deposit currency, points, or % of the balance. The application is designed for use on any account t
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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
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. ======================
FREE
Incognito SL and TP
Christian Paul Anasco
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. ======================
FREE
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 u
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.
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Version 7.2 2024.02.13
Priority added on clicking buttons when near other objects.