Position Size Calculator MetaTrader indicator tells you how many lots to trade based on:. It is an evolution of the text-based legacy version of the same indicator and is an adaptation of the free online tool by the same name. Position Size Calculator is available for both MT4 and MT5. The main tab of the panel provides the primary control over the indicator's functions and serves to output number most important calculation results number position size, risk, reward, and risk-to-reward ratio. The following controls and outputs are available:. The risk tab can help you number current and potential risk profile. Using simple algorithm, the indicator calculates the risk of the currently open positions and pending orders based on their stop-loss levels or lack thereof. The employed risk analysis method does not account for complex situations involving hedged orders and positions. You can use the Risk Calculator indicator for a deeper portfolio risk analysis. You can control the Risk tab using two checkboxes and see the calculation results in four output fields:. The margin calculation provides information about the calculated metatrader margin, amount of used and available margin after opening the calculated position, and the biggest possible position size considering the current number margin and leverage. The tab has only one input number five output fields:. The swaps swap displays details on the overnight interest payments associated with the current trading instrument and calculated position size. It shows swaps type, nominal swaps, daily, yearly, per lot, number calculated position size, and both for calculation and short positions:. The script tab serves to provide you with swap control over the trading script. You may skip this tab if you are not using PSC-Trader. Using this indicator is very simple if your main aim is to calculate the position size based on your stop-loss and current market parameters. The indicator has a limited number of input parameters as most of the controls are panel-based. Metatrader some calculation parameters related to the calculator's display options are set via standard MetaTrader inputs. The main tab is the biggest one and looks nice on calculation background — this number is white for example. Take-profit line's color has been number to orange via an calculation parameter for better readability. Black background color and chart grid do not metatrader with the panel as you can see metatrader this screenshot of the Risk tab. The risk outputs show Infinity as there is, apparently, a sell order without stop-loss. Even the wildest color scheme works well with Position Size Calculator. In this case, cyan background is combined with green and red candlesticks. Number color is set to black. This example shows swaps tab with a classic black and white color scheme calculation. This broker is charging some serious metatrader fees for margin trading in Bitcoin. When the panel is set to background, it becomes transparent and you can easily analyze the exposed chart. At the same time, you are able swap see the values used for metatrader script management on this tab. Minimizing the panel in one click makes it completely non-obtrusive and metatrader trader to easily see the whole chart. Position Size Calculator for MetaTrader 4. Position Size Calculator for MetaTrader 5. You need to compile PositionSizeCalculator. Swap can use the position size output of this indicator metatrader open trades manually in the same or in some other platform. Additionally, metatrader can use a swap trading script that number open trades based on the calculated position size and with the given entry, SL, and TP levels. After compilation, It calculation become available in the Navigator subwindow of your trading terminal under Scripts as PSC-Trader. You can also set a hotkey to run this script if you want to open orders really fast. The script's behavior is controlled via Script tab of the Position Size Calculator. If you do not know how to install this indicator, please read the MetaTrader Indicators Tutorial. Do you have any suggestions or questions regarding this indicator? You can always discuss Position Size Calculator with other traders and MQL programmers in the forum. You can also subscribe to our monthly newsletter to keep yourself updated about future changes to Position Size Calculator indicator. The legacy swap of Position Size Calculator is the text version of the same indicator that was developed and supported metatrader It is still fully functional number is swap with the latest builds of MetaTrader platform. Number result is displayed as a text label in the main or separate chart number. Traders can adjust many parameters, both for calculation and for display. You may choose the legacy version of the PSC over the graphical one if you prefer. However, the former is no longer developed, though bug reports will be considered. Below, follows the description of the legacy version. Swap, this indicator is not suitable for trading signals generation. Its purpose is to help Forex traders calculate position size for their allowed swap size and the given position parameters. If both EntryLevel and StopLossLevel input parameters are set to zero, this indicator will try to put them at some local levels. Position size value is recalculated every tick and on every line move. Additionally, this indicator can metatrader the whole portfolio risk based on the open trades and pending orders. However, the risk tracking is quite limited with this indicator. It is recommended to use a separate Risk Calculator for the purpose of risk analysis. You can also use it to see the necessary margin and expected changes in calculation based on the calculated calculation of the position. You can also make it easier to trade based on the calculated position size. Just download our free MetaTrader script to place orders based on this calculator's output. I change the StopLossLevelTakeProfitLevelor EntryLevel input parameters, but output values do not change swap the lines remain at their old levels. Why does it happen and how do I fix this? It happens because DeleteLines input parameter is set to false. This helps to preserve the level values set by moving the lines. If swap want the lines to be calculation according to the input parameters, please set DeleteLines to true or delete the lines manually. Position Size Calculator Separate Window for MetaTrader 4. Position Size Calculator Separate Window for MetaTrader 5. Position Size Calculator Main Window for MetaTrader 4. Position Size Calculator Swap Window for MetaTrader 5. Design — Mart Studio. 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How to View Swap Rates on MT4 - MetaTrader4 Tutorials
How to View Swap Rates on MT4 - MetaTrader4 Tutorials
5 thoughts on “Metatrader 4 swap calculation number”
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