Forex - Lot size calculator

30 wrz

This indicator is specifically designed for Forex traders who need a convenient lot size calculator directly on their charts. It allows users to input their account balance, risk percentage, and stop-loss distance in pips to easily determine the appropriate lot size for a given trade, ensuring effective risk management.

Key Features:

• Lot Size Calculation: Automatically calculates the lot size based on user-defined inputs: account balance, risk percentage, and stop-loss distance.
  
• Error Handling: The indicator only works with Forex pairs. If applied to non-Forex assets, a clear and prominent red error message will appear in the bottom-right corner of the chart, reminding the user that this script is intended exclusively for Forex trading.
  
• Simple Visualization: The calculated lot size is displayed in an easy-to-read table directly on the chart.
  

How to Use:

1. Add the indicator to a Forex chart.
   
2. Enter your account balance, risk percentage, and stop-loss pips in the input fields.
   
3. The indicator will display the calculated lot size for the chosen Forex pair.
   

Important Notes:

• This script is intended only for Forex assets. If used on other instruments (e.g., stocks, crypto, indices), an error message will be shown.
  
• Always validate lot sizes with your broker, as there can be slight variations depending on broker specifications and leverage settings.
  

30 wrz

Informacje o Wersji

This indicator is specifically designed for Forex traders who need a convenient lot size calculator directly on their charts. It allows users to input their account balance, risk percentage, and stop-loss distance in pips to easily determine the appropriate lot size for a given trade, ensuring effective risk management.

Key Features:

• Lot Size Calculation: Automatically calculates the lot size based on user-defined inputs: account balance, risk percentage, and stop-loss distance.
  
• Error Handling: The indicator only works with Forex pairs. If applied to non-Forex assets, a clear and prominent red error message will appear in the bottom-right corner of the chart, reminding the user that this script is intended exclusively for Forex trading.
  
• Simple Visualization: The calculated lot size is displayed in an easy-to-read table directly on the chart.
  

How to Use:

1. Add the indicator to a Forex chart.
   
2. Enter your account balance, risk percentage, and stop-loss pips in the input fields.
   
3. The indicator will display the calculated lot size for the chosen Forex pair.
   

Important Notes:

• This script is intended only for Forex assets. If used on other instruments (e.g., stocks, crypto, indices), an error message will be shown.
  
• Always validate lot sizes with your broker, as there can be slight variations depending on broker specifications and leverage settings.
  

30 wrz

Informacje o Wersji

fix: color white on error text

4 paź

Informacje o Wersji

• Add currencies on balance
  
• Add % or Money for the risk
  
• Possibility to custom the column width of label and value