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ARC Automatic Position Size Calculator

2.5

MANAGING YOUR FOREX TRADING LIKE A PROFESSIONAL WITH POSITION SIZE CALCULATOR

Position Size Calculator – an MT5 indicator, is a user-friendly tool that allows you to determine your required forex trading size for each trade based on how much you want to risk and available capital in your forex trading account.

Load the calculator onto your chart and simply draglines to show your stop loss and take profit level.

The calculator will automatically calculate the trade size instantly.

This indicator works on forex, commodities, cryptos, bullions, or metals. You name it; our position size calculator will automatically calculate the trade size.


-Effective money managing tool.

-Limiting losses to result in long-term profits.

-Entry and stop-loss lines can be dragged directly on the chart.

-Lot size calculated based on available capital in your forex trading account.


Functions:

%Risk: Define the % amount of your balance you want to risk in an instant order or pending order;

Ratio: Define the Risk-Reward-Ratio in an instant order or pending order;

Buy: Appear a stop loss and take profit lines on the chart so you can define the risk and reward of the buying position;

Sell:  Appear a stop loss and take profit lines on the chart so you can define the risk and reward of the selling position;

Settings: This lets you configure three different settings:

(Distance: Distance in points/pipettes that the lines appear on the chart)

(Custom Close %: Lets you define the custom amount you want to close in an open position)

(Partial TP %: Let's define the % amount you want to use in the virtual partial tp that appears on the chart).

Execute Trade: After defining you SL and TP of your instant position, you can click that button, and the position will open with the % risk and reward you set.

Pending Order: Lines appear on the chart so you can place a pending order with the % risk and reward you want.

Enter: After you set the pending order as you want, you can click on "enter" to place the order.

Half: Closes half of the position you have selected to modify.

Cust: Closes a custom % amount of your position you have selected to modify.

BE: Changes the SL level to the same level that you open your position. That way, you protect your capital to prevent losses.

Partial: A line appears on the chart so you can set a partial TP that you configurated on the settings menu to be a certain % amount of your position.

Recensioni 3
Martin Tuke
270
Martin Tuke 2021.12.08 22:30 
 

Great little tool does what it says. Would have given 5 stars but unable to define and set the % risk, would be good to be able to save the settings in future updates

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Sergey Malysh
5 (1)
FiboPlusWave Series products Ready-made trading system based on Elliott waves and Fibonacci retracement levels . It is simple and affordable. Display of the marking of Elliott waves (main or alternative option) on the chart. Construction of horizontal levels, support and resistance lines, a channel. Superposition of Fibonacci levels on waves 1, 3, 5, A Alert system (on-screen, E-Mail, Push notifications).    Features: without delving into the Elliott wave theory, you can immediately open one of
Features   With MT5 to Interactive Brokers(IB) Trader, you can: 1. Load chart data from IB to MT5, and Analyze with all standard or customer Indicators. 2. Place Orders to IB Account Directly in MT5. 3. Make your Own EAs upon IB Securities by only making minus changes of the trading function. Usage 1) Installation Copy the "Mt5ToIBTraderEn.ex4" and sample files to [MT5 Data Folder]->MQL5->Experts.  2)  MT5 Settings Add the IP Address to the MT5 Allowed URLs in 'Tools->Options->Exper
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davidcarrion
20
davidcarrion 2023.06.06 23:46 
 

It does not work. Yeah it calculates with the lines but once you press any buttong Execute order etc nothing happens. Order still has to be put in manually. Ive also written three times to the developer and no answer waste of money

Vitor Martins De Sousa
370
Risposta dello sviluppatore Vitor Martins De Sousa 2023.06.23 21:28
The EA works. Please make sure to enable Algo Trading and check if your broker does not have a minimum stop-loss distance.
Gisbert Ziemkendorf
25
Gisbert Ziemkendorf 2022.06.18 16:54 
 

Basically a nice tool. However, application badly explained. Bad video with breaks in the audioplayback.

Vitor Martins De Sousa
370
Risposta dello sviluppatore Vitor Martins De Sousa 2022.11.29 03:29
Thanks for your review. We are working on to update our videos soon.
Martin Tuke
270
Martin Tuke 2021.12.08 22:30 
 

Great little tool does what it says. Would have given 5 stars but unable to define and set the % risk, would be good to be able to save the settings in future updates

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