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PositionCalculatorMT5

4.71

Position Calculator calculates how many lots to trade based on:

  • Entry and stop-loss levels
  • Risk tolerance
  • Account size (balance, equity, or even your savings account)
  • Account currency
  • Currency exchange rates

- The main tab of the panel provides the primary control over the EA's functions and serves to output the most important calculation results: the position size, risk, reward, and risk-to-reward ratio.

- The risk tab can help you assess current and potential risk and reward profile. Using a simple algorithm, the EA calculates the risk of the currently open positions and pending orders based on their stop-loss levels (or lack thereof). It also assesses the potential reward of already opened positions and the position calculated by the expert advisor based on take-profit levels. The employed risk analysis method does not account for complex situations involving hedged orders and positions.

- The margin tab provides information about the calculated position's margin, amount of used and available margin after opening the calculated position, and the biggest possible position size considering the current available margin and leverage.

- The swaps tab displays details on the overnight interest payments associated with the current trading instrument and calculated position size. It shows swaps type, nominal swaps, daily, yearly, per lot, per calculated position size, and both for long and short positions

- The trading tab lets you trade based on the results of the calculation and also to control the trading process.

Using this expert advisor is very simple if your main aim is to calculate the position size based on your stop-loss and the current market parameters and then to execute the trade based on that calculated position size.

You can set a keyboard shortcut via the TradeHotKey input parameter. You can either use a single key (e.g., "T") or with a combination of Shift and Ctrl keys (e.g., "Ctrl+Shift+T").


Reviews 20
omdt
16
omdt 2024.10.30 18:56 
 

very good, thanks

Cappuccinono
93
Cappuccinono 2024.06.19 09:07 
 

test good

Seth Tetteh
1364
Seth Tetteh 2024.04.25 12:09 
 

nice job

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omdt
16
omdt 2024.10.30 18:56 
 

very good, thanks

dila1605
14
dila1605 2024.09.26 13:57 
 

É uma ferramenta muito boa. Com ela é possível fazer gestão de risco com muita facilidade. Estou gostando. obrigada

Ožbej Šeme
18
Ožbej Šeme 2024.08.07 20:24 
 

User didn't leave any comment to the rating

Yordani Ade Laide
128
Yordani Ade Laide 2024.07.09 16:44 
 

User didn't leave any comment to the rating

Cappuccinono
93
Cappuccinono 2024.06.19 09:07 
 

test good

Seth Tetteh
1364
Seth Tetteh 2024.04.25 12:09 
 

nice job

rozhenyuk
14
rozhenyuk 2024.02.03 11:11 
 

User didn't leave any comment to the rating

arvz026
14
arvz026 2024.01.15 14:59 
 

cAnt run in Mt5

Chukwuma Anyanwu
18
Chukwuma Anyanwu 2023.12.30 05:42 
 

cool

Thin Vu Xuan
270
Thin Vu Xuan 2023.12.13 04:36 
 

User didn't leave any comment to the rating

Bin
133
Bin 2023.11.15 13:20 
 

User didn't leave any comment to the rating

Mthoko Ngwenya
29
Mthoko Ngwenya 2023.11.07 11:39 
 

Keep up the good work, it does exactly what it says it will do. Excellent piece of work.

willmack
14
willmack 2023.10.30 12:23 
 

Excellent program does everything needed

Daniel Leaver
18
Daniel Leaver 2023.10.19 12:31 
 

Literally exactly what I needed. No more lot size surprises, every aspect of my trade is just as I need it.

getgood
15
getgood 2023.10.18 13:53 
 

best free trade assistant

Conselho Divertido
53
Conselho Divertido 2023.10.04 21:44 
 

User didn't leave any comment to the rating

koslesz
24
koslesz 2023.08.19 12:49 
 

For me.? Revelation. This is what I was looking for. I'm sure others will be pleased too. Good job. Thanks.

instruct9r
16
instruct9r 2023.07.02 07:18 
 

Great tool!!!

Slaven Kresic
1160
Slaven Kresic 2023.06.28 11:37 
 

Great tool. It helps to manage risk, and control lot size. Must have tool.

Diogo Gomes
190
Diogo Gomes 2023.06.24 09:07 
 

very good, thanks

12
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