MetaTrader Panel for Position Size Calculator

In February 2008, I have launched a simple online position size calculator — a tool that helped thousands of traders to open trades based on their risk preference. In March 2012, I have published the first version of position size calculator (PSC) indicator for MetaTrader. Now, 4 years later, I am honored to present the latest iteration in the development of PSC — the position size calculator with a graphical panel:

In addition to an entirely new user interface, the latest version of this position sizing indicator includes:

  • Account currency display.
  • Current leverage display.
  • Custom leverage input for margin calculation.
  • Calculation of the maximum position size with all the available margin.
  • Configuration saving and loading.
  • Compatibility with hedging mode in MT5 (including the trading script).
  • This video briefly explains how to use this indicator, including placing trades using its outputs:

    If you find any bugs in this calculator panel for MetaTrader or if you have some cool ideas to add to it, please post them using the commentary form below.

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