Double-Click or Drag Position Size Calculator Indicator onto your chart Click on the <Common Tab in the Custom Indicatorconfiguration window and make sure <Allow DLL Imports is checked Click back onto the <Inputs tab and click the Load button on the bottom right of the config window.

.

You can change the default risk and stop loss in the parameters and even change the stop loss and open price in the panel to see the new recommended. Risk The crucial field of this Position Size and Risk Calculator In this field traders can select from a risk percentage or any value in the account base currency (2, 20, 40, etc).

Jump to Page.

MetaTrader doesn't offer a fast way to calculate the position size, so, usually, a trader needs to manually perform several calculations.

Finally, mention your favorable risk ratio, stop loss, and the number of lots you prefer to trade with.

This calculator looks genius and i would love to be able to use it.

You can load the indicator directly on the chart and it will show the lot size for a default risk and stop loss.

.

Key features.

Well use a couple of scenarios to demonstrate how to calculate your position size keeping in mind your account size and risk tolerance.