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Lot Size Calculator for MT5

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.

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This product filters   all expert advisors and manual charts   during news time. This product also comes with a complete  order management system   that can handle your open positions and pending orders before the release of any news. Once you purchase   The News Filter , you will no longer need to rely on built-in news filters for future expert advisors, as this product can filter them all from here onwards. Please note that this product does not work in the strategy tester. To properly evalu
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Detleff Böhmer
2592
Detleff Böhmer 2023.05.31 12:22 
 

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beboo12
44
beboo12 2022.08.02 22:23 
 

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STE S.S.COMPANY
284525
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 
 

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Chris Lee
18
Chris Lee 2022.04.12 11:55 
 

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