The Lot Calculator EA for MT5® is a tool that will turn your work into a comfortable process.
Make your trading process like shooting fish in a barrel! Try it here and now!
Order a premium trading tool for MetaTrader 5® to calculate the lot size due to the selected risk size with Stop Loss or Take Profit options.
Works on MetaTrader 5®
MetaTrader 4®, MetaTrader 5®, MT4®, MT5® are the registered trademarks of MetaQuotes Software Corp. | 4xDev.com is not associated with MetaQuotes Software Corp.
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 save time and level up your trading skills.
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. You can change their values by the head Lot Calculator window or by moving them on the chart:
The tool can be used on any timeframe and any currency pair.
The EA's interface consists of two windows:
Let us consider the tool interface!
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!
Order parameter unit contains the Use Pending Order allowing to switch between instant and pending orders. Also, it has three input fields, such as:
Order Parameters Unit
Lot parameters unit sets risks that determine the actual lot size.
Lot Parameter Block
Risk type is the drop list for switching risk types. There are three possible options:
Risk size is an input field for lot calculation. 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 the specified options of the two previous units.
Risk Info Block
Let us take a closer look at each table row:
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 (Horizontal Orientation)
The first section has two buttons:
Elements for closed orders filtration:
Table columns and their meanings:
There are several lines on the chart:
A Chart in 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
You can see an example of an order created by the Lot Calculator.
The First Part
The Second Part
Here is what you need to run this EA:
A ready-made form will help you not to forget important aspects of your technical specification.
You are free in your final choice and let it be the right one. Everyone profits!
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 testing results and your expectations.
Please study carefully all information about the Products before purchasing.
The amounts paid for the Products are non-refundable.
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