Position -/ lot size calculator - Sonarlab

22 août 2022

Calculating a lot size in MetaTrader is normally not a quick task, but it is a very important one.

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

When you are submitting an order, you are already supposed to know and type in the lot size for the trade. It can be frustrating to calculate - that's why we made this tool to speed up the process a little. Now you can also see your P/L live and calculate the lot size within seconds straight from Tradingview.

Usage:
Step 1: Set your entry price
Step 2: Set your stop loss
Step 3: Set your Target
Step 4: Choose the symbol, forex will be automatically detected
Step 5: Fill in your balance and set your risk settings

Parameters
- Set symbol: Forex (auto detection), US100, US30, BTC, XAUUSD, NGAS, XBRUSD, XTIUSD, AUS200, US500
- Account balance
- Risk in %
- Contract size
- Levels: Stop loss, Entry, Target 1, Target 2, Target 3
- Display settings for the Trading Panel

Trading panel
- Show Live P/L
- Show Risk to reward
- Show lot size
- Show risk in %
- Show account balance
- Show money at risk (no commissions included)

23 août 2022

Notes de version

Small bug fixed in RR calculation

5 sept. 2022

Notes de version

- Minor Changes