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  • Comments (6)
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Lot Size Calculator for MT5

5

Every trader knows that he or she should never Risk more than 5% (or 7%) per trade.This is a Money Management law and an usable LotSize should be calculated each time because a trader must use a different StopLoss value  for different trading levels. This indicator will calculate an appropriate LotSize for the moment when you will put it on the chart and each time you will drag the "Stop Loss Line" in any direction.


LIMITED TIME OFFER: All our premium indicators are available for only 50$, by accessing our MQL5 blog you will find all the details of our premium indicators. Click here.

Inputs

  • MAX_RISK_PER_TRADE- How many percentages the trader will risk per trade.
  • CUSTOM_BALANCE- Define the amount that will be used to calculate the Risk. 0 => The calculator will use account Balance.
  • ENTRY_PRICE_LINE_COLOR - color of the TP (Take Profit) line
  • STOP_PRICE_LINE_COLOR- color of the SL (Stop Loss) line
  • SPREAD_LINE_COLOR -  color of the ask line price.

Key Features

  • The user can drag and drop the entry price line.
  • The user can drag and drop the stoploss price line.
  • If the entry price line is above the stop-loss price line, the calculator will identify the trade as a Buy order.
  • If the entry price line is below the stop-loss price line, the calculator will identify the trade as a Sell order.


Contact

If you have some questions or if you need help, contact me via Private Message.


Author

SAYADI ACHREF , fintech software engineer and founder of Finansya.

Reviews 7
USD Down
59
USD Down 2024.12.04 13:15 
 

this tool is very important to calculate the risk and lot in each position, the cost is nothing compared to the advantage of having such as a tool in hands, the costumer service is very comprehensive and answering the questions in clear and precise manner, i recommand this tool for all traders .

Nice Trader OÜ
2494
Aller Uja 2024.12.01 17:38 
 

Work well!

Hemen Eghvay
110
Hemen Eghvay 2024.07.27 10:27 
 

One of the best lot calculators in the market. It has the feature I was looking for, setting the entry point and the difference between a pending order and stop loss, which most lot indicators don't have that option and they calculate 'live' trades. I will be testing this on a paper account and will use it live in the near future. I recommend.

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A tool that can instantly calculate the position size or risk based on a given stop loss level is critical for both professional and novice traders. The TRADE PRO trading utility provides fast and accurate calculations, helping you make decisions in time-sensitive and volatile markets. Additional installation materials Application manual   – Download the trial version for   MT4   - MT5 MT4 VERSION Main functions: Original. Simple. Effective. Original and convenient opening of the main trading p
SFE MT5 to Binance Futures Copier
Joel Juanpere
5 (1)
Utilities
This utility copies the trading activity from MT5 to Binance Futures USD-M . Manual or trades from EAs. - Can handle multiple orders with different SL and TP. Can handle partial closes. - In the parameters, you can establish a mutliplier between the size on MT5 and the size to open on Binance. - You can filter the symbols to monitor on metatrader, and also the magic number range. - The EA uses hedge mode on binance, and for decrease risk exposure uses isolate margin mode on each binance tok
News Trade EA MT5
Konstantin Kulikov
4.55 (11)
Utilities
Present to you the useful robot that I have been using for several years. It can be used in both semi-automatic mode and fully automatic mode. The program contains flexible settings for trading on the news of the economic calendar. It cannot be checked in the strategy tester. Only real work. In the terminal settings, you need to add the news site to the list of allowed URLs. Click Tools > Options > Expert Advisors. Check the option "Allow WebRequests for listed URL:". Add this (delete the spac
EchoTrade Telegram to MT5 Copier
Perpetual Chinemerem Vincent
Utilities
EchoTrade Telegram to MT5 Copier Seamless, Instant, and Reliable Signal Copying - Direct from Telegram to MetaTrader 5! Tired of manually executing trades from Telegram signals? EchoTrade automates the process, instantly copying trades from any Telegram channel or group directly into your MT5 account—accurately, efficiently, and without delay. Key Features: Universal Compatibility - Works with almost all signal formats Multi-Channel & Multi-MT5 Support - Copy signals from multiple Telegram chan
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Trinh Dat
5 (4)
Utilities
Notify To Telegram MT5 Expert Advisor will send notifications via Telegram when orders are opened/modified/closed on your MetaTrader 5 account. Send message to person, channel or group chat.  Easy to customize message.  Support custom message for all languages Support full Emoji.  Parameters Telegram Bot Token - create bot on Telegram and get token. Telegram Chat ID    - input your Telegram   user ID,   group /   channel ID, use comma to input multi chat ID as chat_id_1, chat_id_1 Magic number f
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USD Down
59
USD Down 2024.12.04 13:15 
 

this tool is very important to calculate the risk and lot in each position, the cost is nothing compared to the advantage of having such as a tool in hands, the costumer service is very comprehensive and answering the questions in clear and precise manner, i recommand this tool for all traders .

Nice Trader OÜ
2494
Aller Uja 2024.12.01 17:38 
 

Work well!

Hemen Eghvay
110
Hemen Eghvay 2024.07.27 10:27 
 

One of the best lot calculators in the market. It has the feature I was looking for, setting the entry point and the difference between a pending order and stop loss, which most lot indicators don't have that option and they calculate 'live' trades. I will be testing this on a paper account and will use it live in the near future. I recommend.

Detleff Böhmer
2936
Detleff Böhmer 2023.05.31 12:22 
 

User didn't leave any comment to the rating

beboo12
44
beboo12 2022.08.02 22:23 
 

User didn't leave any comment to the rating

STE S.S.COMPANY
296503
Reply from developer Sayadi Achraf 2023.05.31 11:30
Hi sir, Thank you for your review. Please upgrade to the last version, we have included crypto support as you have requested, sir. Please if you have any questions, feel free to write for me.
John Michael Cadorniga
22
John Michael Cadorniga 2022.06.18 04:23 
 

User didn't leave any comment to the rating

Chris Lee
18
Chris Lee 2022.04.12 11:55 
 

User didn't leave any comment to the rating

Reply to review
Version 1.10 2023.05.31
1. Add crypto support.