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Lot calculator tool MT5

3.67

More stable MetaTrader 4 version is available here: Lot Calculator Tool.

This tool helps you to automatically calculate and manage risk, conveniently place orders visually, schedule orders, trail stops, move them to break-even and more.


Features

  • Place market or pending orders using draggable lines
  • Schedule orders
  • Calculate and limit risk using various methods
  • See current spread
  • See time till next candle
  • Set custom order comments
  • Trail stops
  • Move stops to break-even
  • See order profit/loss in pips
  • Various actions for closing orders
  • Control the tool using hotkeys
  • Toggle trade levels


Settings

  • Risk settings
    • Preferred percentage risk per trade - tool will calculate lot size to match this risk percentage
    • Lot calculation mode - possible modes: current balance / current equity / balance at defined past / fixed lot size
    • Defined past period - possible periods: day / week / month
    • Past period multiplier - the bigger, the further to the past
    • Lot size for fixed mode
    • Split risk for multiple targets
  • Orders settings
    • Magic number
    • Maximum allowed slippage
    • Order comment - limited to 31 characters. Possible wildcards: [currency][balance][equity][risk_percentage][risk_reward][risk_money][risk_pips],[profit_money][profit_pips], [lots]
    • Allow to change default order comment - adds an input to UI
    • Log order send events
    • Allow setting an expire date for orders
    • Allow scheduling orders
    • Virtual levels settings
    • Scheduled order price label size
  • Break-even settings
    • Move stops to break-even at certain level
    • Break-even mode - possible modes: when in profit by given pips, if away from target by given pips, if given percentage of target reached
    • Break-even activation pips / % - depends on chosen mode
    • Move to break-even by given pips above entry line
  • Stop trailing settings
    • Trail stops
    • Trail only after stops have been move to break even, if be used
    • Trailing stop mode - possible modes: fixed pips, ATR, moving average
    • Trailing stop fixed pips
    • Trailing stop ATR period
    • Trailing stop ATR shift
    • Trailing stop distance multiplier - does not apply to MA mode, but useful for setting 2 ATR distance
    • Trailing stop MA mode, applied price, period, shift
    • Prevent stops trialing until specified pips of profit reached
    • Pips of profit to reach before trailing stops - if above enabled
    • Prevent stops trailing until specified percentage of target reached
    • Percentage of target to reach before trailing stops - if above enabled
  • Order limiter settings
    • Limit trades if lost to many trades in a row per day
    • Limit trades if too big % of account has been lost per day
    • Limit trades if too big % of account has been lost per week
    • Limit trades if too much will be at risk at the moment
    • Daily loss in a row limit
    • Daily account loss % limit
    • Weekly account loss % limit
    • Total risk of equity % limit
  • Lines settings
    • Automatically choose initial lines placement (sell / buy) - uses price and moving average to decide
    • Manual default start position for lines - if above disabled
    • Initial distance from current price mode - possible modes: fixed pips, ATR
    • Initial distance parameter (ATR period / pips)
    • Line size, style
    • Use target line
    • Display "Add target" button
    • Prevent from moving stops too far, thus exceeding defined risk
    • Display monetary amounts on lines
    • Display balance percentages on lines
    • Display scheduled order lines
    • Scheduled order line style
  • Other features
    • Display lines flipper button
    • Display "Follow price" button
    • Show "Close all" button
    • Show "Close pending" button
    • Show "Close opened" button
    • Show "Close in profit" button
    • Show "Close in loss" button
    • Display only one order button
    • Display current spread
    • Display time till next candle
    • Display Ask line by default
    • Display Bid line by default
    • Display order profit in pips
    • Display order close button
    • Screenshots
  • Color settings
    • Color for lines, buttons, inputs and other UI elements
  • Hotkeys settings
    • Enable hotkeys
    • Show lines hotkey
    • Hide lines
    • Toggle trade levels
  • UI settings
    • Chart corner
    • UI on top
    • Compact mode

Important: if order limiters are used, make sure that your Account history tab is not filtered and displays all of the history.

Important: do not have more than one EA enabled for the same symbol with scheduled orders enabled. This might cause more than one order being sent to broker!

Recensioni 3
Eug Chern
191
Eug Chern 2022.06.24 03:27 
 

great tool! is it possible to add the functionality to set the risk/reward ratio? my strategy works with 1/1.5 and I need to move the profit target line to find the 1.5 r/r every trade that takes time. thank you

Abhishake Kumarathevan
173
Abhishake Kumarathevan 2020.11.07 08:25 
 

Exactly what I was looking for. To be successful as a trader you need to be able to manage risk/calculate risk. This tool makes it effortless !!

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4.75 (16)
The most advanced news filter and drawdown limiter on MQL market NEW: Take a Break can be backtested against your account history! Check the " What's new " tab for details. Take a Break has evolved from a once simple news filter to a full-fledged account protection tool. It pauses any other EA during potentially unfavorable market conditions and will continue trading when the noise is over. Typical use cases: Stop trading during news/high volatility (+ close my trades before). Stop trading when
DrawDown Limiter
Haidar, Lionel Haj Ali
5 (18)
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
MT5 To Telegram Copier
Levi Dane Benjamin
5 (1)
Invia segnali completamente personalizzabili da MT5 a Telegram e diventa un fornitore di segnali! Questo prodotto è presentato in un'interfaccia grafica facile da usare e visivamente attraente. Personalizza le tue impostazioni e inizia a utilizzare il prodotto in pochi minuti! Guida dell'utente + Demo  | Versione MT4  | Versione Discord Se desideri provare una demo, consulta la Guida dell'utente. Il mittente di MT5 a Telegram NON funziona nel tester di strategia. Funzionalità di MT5 a Telegr
HINN Lazy Trader
Georg Vahi
5 (1)
Set price targets, and leave everything else to HINN Lazy Trader! This tool is designed for automatic position sizing from specified levels to designated targets. Using a VPS is recommended (*). The demo version   limited in functionality, be sure to watch this video before using -->  https://youtu.be/geLQ6dUzAr8 A community for users, product discussion, update news, and first line of support are organized in a free Discord: https://discord.gg/zFhEZc7QDQ Use Webmoney For payments in cryptocu
Hedge Ninja
Robert Mathias Bernt Larsson
3 (2)
Make sure to join our Discord community over at www.Robertsfx.com , you can also buy the EA at robertsfx.com WIN NO MATTER IN WHICH DIRECTION THE PRICE MOVES This robot wins no matter in which direction the price moves by following changing direction depending on in which direction price moves. This is the most free way of trading to this date. So you win no matter which direction it moves (when price moves to either of the red lines as seen on the screenshot, it wins with the profit target yo
The top-selling EAs on the market cost a lot and one day they are suddenly gone. This is because one strategy will not work in the forex market all the time. Our product is unique from all others in the MQL Marketplace because our EA comes with 34+ built-in indicators that allow develop strategies every time.  You build your strategy and keep updating it. If one strategy does not work, simply build another all using only one EA. This is All-In-One EA   in this market place. You can use as trade
RiskGuard Management
MONTORIO MICHELE
5 (14)
ATTENZIONE l'expert non funziona in strategy tester, per una versione di prova visita il mio profilo. Manuale per il Download del journal automatico visita il mio profilo RiskGuard Management   RiskGuard management nasce con l’idea di aiutare i trader dal proprio percorso iniziale fino ad essere dei trader esperti e consapevoli. Compatibile con qualsiasi sistema operativo che sia Mac o Windows. Il pannello per le operazioni è integrato nel grafico dando la possibilità di scegliere dimensioni e
Grid Manual MT5
Alfiya Fazylova
4.88 (16)
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
Il MT5 to Discord Signal Provider è uno strumento facile da usare e completamente personalizzabile, progettato per inviare segnali di trading direttamente a Discord. Questo strumento trasforma il tuo account di trading in un efficiente fornitore di segnali. Personalizza i formati dei messaggi secondo il tuo stile! Per facilitarne l'uso, seleziona tra i modelli pre-progettati e scegli quali elementi del messaggio includere o escludere. [ Demo ] [ Manuale ] [ Versione MT4 ] [ Versione Telegram ]
Risk Manager Pro MT5
Roman Zhitnik
5 (2)
The Expert Advisor is a risk manager helping users to control their trading. In the settings, it is possible to specify the parameters at which the risk manager force closes the opened trades and closes the terminal as well, if it is needed to prevent opening trades on emotions, which do not correspond to the trading strategy. Risk Manager settings Check limit to close   - check the equity limit Limit to close   - equity limit that is taken into account Check day limit to close   - check the
Profit or Loss Pad
Vladislav Andruschenko
4.5 (10)
Chiusura delle posizioni in MetaTrader 5 al raggiungimento del profitto/perdita totale con la funzione di trailing del profitto.   CloseIfProfitorLoss con Trailing Puoi abilitare le   fermate virtuali (ordine separato)   , calcolo e chiusura per le posizioni   ACQUISTA e VENDI separatamente (Separate BUY SELL)   , chiudendo e calcolando   tutti i simboli o solo il simbolo corrente (Tutti i simboli)   , abilita il trailing for profit (   Trailing   Profit) Le posizioni vengono chiuse in base a u
Price Action Trade Panel EA MT5
Juvenille Emperor Limited
5 (4)
Price Action Trade Panel MT5   calcola il saldo del livello della forza di acquisto/vendita di qualsiasi simbolo/strumento, sulla base dei dati puri sull'azione del prezzo delle candele passate specificate (8 per impostazione predefinita). Questo ti darà il sentimento di mercato più vicino possibile monitorando l'azione del prezzo di 32 simboli/strumenti disponibili sul pannello dell'indicatore. Un livello di forza di acquisto/vendita superiore al 60% fornisce un livello abbastanza solido per l
Altri dall’autore
Lot calculator tool
Ernestas Kvedaras
3.22 (9)
MetaTrader 5 ported version is available here:  Lot Calculator Tool MT5 . This tool helps you to automatically calculate and manage risk, conveniently place orders visually, schedule orders, trail stops, move them to break-even, manually test strategies and more. Features Place market or pending orders using draggable lines Schedule orders Calculate and limit risk using various methods See current spread See time till next candle Set custom order comments Trail stops Move stops to break-even
MT5 Drawer
Ernestas Kvedaras
5 (1)
MetaTrader 4 version is available here: MT4 Drawer . This tool allows you to draw on the chart using keyboard shortcuts. It also provides some custom drawing tools for your convenience. You can configure 3 variants for each tool (6 for advanced patterns), which you will be able to choose from dashboard. There is also, a possibility to define up to 30 quick access keys that skips the dashboard step and goes straight to drawing. Here are the list of supported tools: Advanced Pattern - draws two t
MT4 Drawer
Ernestas Kvedaras
5 (6)
MT5 version available here: MT5 Drawer . This tool allows you to draw on the chart using keyboard shortcuts. It also provides some custom drawing tools for your convenience. You can configure 3 variants for each tool (6 for advanced patterns), which you will be able to choose from dashboard. There is also, a possibility to define up to 30 quick access keys that skips the dashboard step and goes straight to drawing. Here are the list of supported tools: Advanced Pattern - draws two triangles Ris
Filtro:
Eug Chern
191
Eug Chern 2022.06.24 03:27 
 

great tool! is it possible to add the functionality to set the risk/reward ratio? my strategy works with 1/1.5 and I need to move the profit target line to find the 1.5 r/r every trade that takes time. thank you

Ernestas Kvedaras
2845
Risposta dello sviluppatore Ernestas Kvedaras 2022.06.24 09:09
You can set the default RR in settings, and also lock RR so it always stays the same
Alberto Lezaun
74
Alberto Lezaun 2020.12.07 10:00 
 

Not working on my MT5. When I put a trade the Expert freezes and it closes, and I have to reload the chart. Finally I am trading without it. :( Where can I ask for a refund? Thanks.

Ernestas Kvedaras
2845
Risposta dello sviluppatore Ernestas Kvedaras 2020.12.28 15:56
It shouldn't happen. Try deleting terminal configs. config directory should be in one of the folders here C:\Users\%USERNAME%\AppData\Roaming\MetaQuotes\Terminal
Abhishake Kumarathevan
173
Abhishake Kumarathevan 2020.11.07 08:25 
 

Exactly what I was looking for. To be successful as a trader you need to be able to manage risk/calculate risk. This tool makes it effortless !!

Rispondi alla recensione
Versione 3.31 2023.01.13
Fixed:

* Use the precise amount of pips in calculations instead of integers only, this should help with calculating more accurate lot size in low timeframes
Versione 3.30 2022.07.09
Fixed:

* Respect initial RR when using auto RR locking
Versione 3.29 2022.06.15
Added

* New input parameter to define tradeable symbol when setting ISIN on custom symbol is not possible.
Versione 3.28 2022.06.13
Fixed

* Potential fix for custom symbols
Versione 3.27 2022.06.11
Added:

* Support for custom symbols
Versione 3.26 2022.02.02
Added

* Order close short / long buttons
Versione 3.25 2021.11.08
Fixed:

* Lot size calculation when equity mode is used
* Display correct label (balance/past balance/equity) on lines based on chosen mode
* Send orders with correct lot size when only one target is used
* Show correct lot amounts on target lines when multiple of them are used and custom lot distribution fields are displayed
Versione 3.24 2021.10.06
Fixed:

* Volume calculation issues when multiple targets used in some cases
Versione 3.23 2021.07.27
Fixed:

* Profit target was not being set when sending order with only 1 target.
Versione 3.22 2021.01.10
Fixed:

* An issue where single target orders where sent as 0.01 lot sized

Updated:

* Prevent distributed risk from being 0. It should be minimum 1, otherwise risk distribution gets higher by 0.01 lot
Versione 3.21 2020.12.28
Added:

* Ability to define maximum lot size to prevent accidentally high orders
* Ability to define custom lot distribution between multiple target orders. Each field defines how much of the remaining lot size should be allocated for that order. So the last value should almost always be 100% to give the remaining order all remaining lots.
* Ability to lock Risk Reward ratio by either pressing a new UI button or a hotkey (R by default)