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Lot Calculator EA for MetaTrader 5®

Lot Calculator EA

Lot Calculator EA for MT5® is a tool that will turn your work into an understandable and comfortable process.

Make your trading process like shooting fish in a barrel! Let us try it here and now!

Order a premium trading tool for MetaTrader 5® to calculate lot size due to the selected risk size with Stop Loss or Take Profit options.

Works on MetaTrader 5®

MetaTrader®, MetaTrader 5®, MT4®, MT5® are the registered tradeworks of MetaQuotes Software Corp. | 4xDev.com is not associated with MetaQuotes Software Corp.

$ 90$ 49

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Download Demo Demo-version works only on Demo account

The idea behind the EA

The EA focuses on collecting tool functions for working with orders. Moreover, it submits them in a comfortable and informative way. It will help you to save time and raise your trading skills to a huge splash.

The head tool function is a lot calculation due to a risk size (USD / Lot / % of balance). Also, it provides detailed information about the future lot.

The expert advisor adds three horizontal lines to the chart. Their values can be changed by the head Lot Calculator window or by moving them on the chart:

The tool can be used on any timeframe of any currency pair.

The expert advisor’s interface consists of two windows:

Let us consider the tool interface!

The Lot Calculator Main Window

The Lot Calculator Main Window

The Lot Calculator Main Window

There are three buttons at the top of the Lot Calculator main window:

The main window is divided into three units with thematic elements assets for analyzing and calculating a future order. Let us consider each of them!

1. Order parameter unit contains the Use pending order checkbox allowing to switch between instant and pending orders. Also, it has three input fields, such as:

Order parameters unit

Order parameters unit

2. Lot parameters unit sets risks that determine the actual lot size.

Lot parameters block

Lot parameters block

Risk type is the drop list for switching risk types. There are three possible options:

Risk size is an input field for lot calculating. The type of value (currency/number/percentage) depends on the selected risk type in the Risk type parameter.

3. Risk info unit collects helpful information about a future order in a tab. It is calculated due to specified options of the two previous units.

Risk info block

Risk info block

Let us take a closer look at each table row:

Open Orders Window

It provides access to all open orders. Its flexible functionality allows closing filtered orders.

The Open Orders window contains two sections:

Open Orders window

Open Orders window

Open Orders windows (horizontal variant)

Open Orders windows (horizontal variant)

Let us consider them in more detail!

The first section has two buttons:

Elements for closed orders filtration:

Table columns and their meanings:

Input parameters meaning

There are several lines on the chart:

A Chart on Foreground can remold chart standard property. If it is true, then Lot Calculator windows will be located beyond the chart. It is false by default.

Magic Number separates orders placed by this EA from orders placed by other EAs.

Input parameters window

Input parameters window

Open order displayed in the chart

You can see an example of an order created by the Lot Calculator.

The first part

The first part

The second part

The second part

Technical Requirements

Here is what you need to run this EA:

  • A computer capable of running MetaTrader 5® desktop version;

  • The computer working hours should match the trading hours. The MT5® platform must be launched.

  • The installed tool must be configured on the MT5® chart.

Frequently Asked Questions

  • What is your refund policy? All sales are final since downloadable products can not be returned. Please be sure you are using MetaTrader 5® before buying. If you are having issues with your EA, please contact 4xDev Support, and we will be happy to help you.

  • Will it work with my broker? This EA will work with any broker that uses the MetaTrader 5® platform.

  • Should I use a demo account? It is highly recommended that you use this EA in a demo account before you trade live. Then you will get a feel for how it works.

  • Can this EA be used on more than one computer? Yes, you are allowed to use the EA on any computer you own.

  • Does this EA track timeframes and currency pairs? No, it will only track currency pairs and chart timeframes that are open and on which the EA is attached and correctly configured.

Try it now, and it will be the best investment for you! Click «Buy» to order our product.

Important information

All Products are provided “as is” without any warranties regarding effectiveness, performance, or suitability for particular purposes. The actual performance of the Products could be different from the testing results and your expectations.

Please study carefully all information about the Products before purchasing.

The amounts paid for the Products are non-refundable.

4xDev assumes no liability for any direct or indirect losses resulting from the use of the Products.