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Calculate your position size based on the risk and account size and execute your trades with this free MetaTrader expert advisor.
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EarnForex/PositionSizer
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The Position Sizer expert advisor for MT4 and MT5 by EarnForex.com.
The Position Sizer automatically calculates the number of lots to trade based your risk tolerance, account size and currency, currency pair, commission, and other settings.
It is a feature-rich expert advisor that was designed to work with all kinds of instruments and to help with everything related to position sizing - margin, potential portfolio risk & profit, swaps, and so on.
The Position Sizer EA can be used to open trades based on the calculations it does in the Main tab of its panel.
A very detailed description of the expert advisor and its functions can be found here:https://www.earnforex.com/metatrader-expert-advisors/Position-Sizer/
Installation instructions:https://www.earnforex.com/metatrader-expert-advisors/Position-Sizer/#Installation
All sorts of contributions are welcome!
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Calculate your position size based on the risk and account size and execute your trades with this free MetaTrader expert advisor.