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Forex Position Size Calculator

MT4 indicator developed for free community download

MANAGING YOUR FOREX TRADING SIZE WITH FOREX CALCULATOR

Position Size Forex Calculator – a MT4 indicator, is a user-friendly tool that allows you to determine your required forex trading size for each trade base on how much you want to risk (lose) and available capital in your forex trading account.

If you are beginner to forex trading or like to understand your risk before taking a particular trade, then this FREE MT4 indicator is just best for you! Whether you are a Singapore Forex Trader, or Malaysia Forex trader or from Indonesia, North America or any part of the world, it’s free for you!

HOW FOREX CALCULATOR BENEFITS YOU ?

Benefit 1

No more delay in placing your trades

Benefit 2

Auto calculate “Stop Loss” and “Order Size”

Benefit 3

No more worries of wrong calculation

Benefits to your forex trading

Effective money managing tool especially for beginners
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 your equity and stop loss pips.

Disclaimer : Can be used in all currency pairs (Indexes, commodities not included)

Position size base on risk

“risk management’ or “risk only 3%” in Forex Trading?
using 3% of your equity to trade the currency? Or risking 3% of your equity?
Included in the amount of risk? Should running profits from open trades be included?
The appropriate lot size for instance, a 2% risk with 50 pips stop loss?

SETTING UP FOREX CALCULATOR IS QUICK AND EASY

Position Size Forex Calculator was first developed by TerraSeeds for it’s Singapore forex course students. However, since it can automatically compute the required lot size accordingly to your risk factor (%), equity and SL pips, we thought it will be suitable for you too!

Step 1

a) Fill in the form ,
b) Verify your email,
c) We will send you the download link.

step 2

Learn how to installation guide and configure / customize the setting.

Step 3

Insert them onto your chart like an indicator.

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FILL IN THE FORM BELOW TO RECEIVE COMPLIMENTARY POSITION SIZE CALCULATOR FROM US!

HOW TO INSTALL FOREX CALCULATOR

00:20 – Copy the calculator file

00:27 – open up the MT4 platform

00:29 – go to ‘File’ and click ‘Open Data Folder’

00:35 – select ‘MQL4’ folder and click on ‘Indicator’ folder

00:43 – paste the file in this folder

01:11 – Return to MT4, click on ‘Navigator’ Icon

01:23 – ‘CalculatLotSize_OFM’ should be inside

01:26 – successfully installed!

HOW TO CONFIGURE AND USE FOREX POSITION SIZE CALCULATOR

00:13 – Open ‘Navigator’

00:17 – double click on ‘CalculateLotSize_OFM’

00:25 – select ‘Inputs’ tab

00:39 – configure the ‘Risk %’, ‘TextSize’ & ‘Textcolor’

01:02 – Green line = Entry price, Red line = SL price

01:26 – To input the Entry and SL price

01:28 – Double click on the Green line

01:30 – Right click on the green line

01:32 – Select ‘Horizontal Line Properties’

01:35 – Click on ‘Parameters’ and input the desired values

01:44 – Repeat the same procedure

02:23 – Order Size shows the required lot size you can trade based on your available capital & risk %

02:30 – Do not need to input your capital amount and funded currency