XAU/USD Lot Size Calculator

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This indicator automatically calculates the optimal lot size for XAUUSD (gold) based on the level of risk the trader wants to take. It is designed for traders using MetaTrader 4 or 5 and helps adjust position size according to the specific volatility of gold. The user can set the percentage of capital they are willing to risk on a single trade, for example 1%. The indicator also takes into account the stop loss level, which can be entered in pips or in dollars, as well as the account size (balance or equity).

Based on these parameters, it calculates the exact lot size that matches the risk amount. It then displays on the chart the recommended lot size, the risk amount in dollars, the pip value for XAUUSD, and a confirmation of the stop loss level. This type of indicator is useful for maintaining disciplined risk management and avoiding position sizing errors, especially on a highly volatile asset like gold.

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Informacje o Wersji

Lot Size Calculator for XAUUSD – Functionality Description

This calculator is designed exclusively for XAUUSD. It determines the appropriate trading volume based on the trader's available capital, the percentage of risk they wish to take, and the distance between entry and stop loss. It automatically factors in the pip value specific to XAUUSD to ensure precise calculation. The result helps traders manage their risk effectively by aligning position size with their predefined risk parameters. This tool should not be used for any other instruments, as it is specifically calibrated for XAUUSD.