Forex Position Size Calculator – MT4 Indicator

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?

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.

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!

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