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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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Comprehensive on chart trade panel with the unique ability to be controllable from mobile as well. Plus has a library of downloadable configuration, e.g. exit rules, extra panel buttons, pending order setup and more. Please see our product video. Works with all symbols not just currency pairs. Features On chart panel plus controllable from free app for Windows, iPhone and Android Built-in script engine with library of downloadable configuration, e.g. add 'Close All Trades in Profit' button, exit
News Trapper EA
Noha Mohamed Fathy Younes Badr
5 (7)
Hi, all.  News trapper EA It is an expert for trading news very safe expert  put Settings interest rate only or high impact news for Automated Trading on the news of the economic calendar. It shows stable trading during last 10  years. EA doesn't use dangerous technologies like martingale, grid. The Expert is very simple to use. The program contains flexible settings In the terminal settings, you need to add the news site to the list of allowed URLs. Click Tools >Options > Expert Advisors. Che
Trade Copier Global
Laszlo Tormasi
5 (17)
Trade Copier Global: The name speaks for itself. This copier allows you to copy orders between MT4 terminals even if they are not installed on the same computer. Features Copying trades between MT4 terminals around the world with a short delay. Automatically recognizes symbol prefixes. Can connect many Slaves to the same Master. Supports pending and market orders. Supports partial order close (with limitations, see below) Can send messages and notifications to the Slaves from the Master Severa
Grid Manual MT4
Alfiya Fazylova
4.74 (19)
Grid Manual è un pannello di trading per lavorare con una griglia di ordini. L'utilità è universale, ha impostazioni flessibili e un'interfaccia intuitiva. Funziona con una griglia di ordini non solo nella direzione delle perdite, ma anche nella direzione dell'aumento dei profitti. Il trader non ha bisogno di creare e mantenere una griglia di ordini, lo farà l'utilità. È sufficiente aprire un ordine e il manuale di Grid creerà automaticamente una griglia di ordini per esso e lo accompagnerà fino
PZ Custom Trader EA
PZ TRADING SLU
3 (2)
Would you like to automate your trading using a custom indicator of your choice? This EA trades using almost any custom indicator. It offers fully customizable settings, flexible position management, customizable trading sessions and weekdays, an inverse mode and a martingale mode. All the robot needs from you are two inputs: The filename of the indicator to trade The signal buffer or the buy/sell buffers to call That's it! The signal buffer or the buy/sell buffers should be provided by the dev
DrawDown Limiter MT4
Haidar, Lionel Haj Ali
5 (9)
Drawdown Limiter EA You are in the right place if you were searching for Drawdown control, Drawdown limiter, Balance protection, Equity Protection or Daily Drawdown Limit related to Prop Firm, FTMO, or Funded account trading, or if you want to protect your trading account. Have you suffered from controlling your drawdown when trading funded accounts? This EA is meant for you. Prop firms usually set a rule called “Trader Daily Drawdown”, and if it is not respected, you are disqualified.  I am an
Altri dall’autore
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:
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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Versione 7.2 2024.02.13
Priority added on clicking buttons when near other objects.