Position Size Calculator

📊 Calculates correct position size based on account balance, risk tolerance, and currency pair.
🔒 Risk management tool to avoid risking more than affordable.
Considers stop loss, pip value, and volatility for accuracy.
🎯 Beginner-friendly and suitable for traders of all levels.
🛠️ Free MT4 indicator that simplifies trading decisions.

🚀 Features of the Position Size Calculator Indicator

  • 📐 Automatic Position Sizing – Instantly calculates the appropriate trade size.

  • 💰 Balance-Based Calculation – Uses account balance and risk tolerance for accuracy.

  • Comprehensive Inputs – Factors in stop loss, pip value, and currency pair volatility.

  • 🔒 Strong Risk Control – Ensures traders never risk more than they can afford.

  • 🛠️ Customizable Settings – Adaptable to different trading strategies and styles.

🎯 Benefits of Using the Indicator

  • Eliminates Guesswork – Removes manual errors in calculating position sizes.

  • 📊 Consistent Risk Management – Helps traders stick to their strategy without emotional bias.

  • 🚀 Improves Profitability – Supports sustainable and long-term trading success.

  • 🎯 Confidence Booster – Gives traders clarity and accuracy before placing trades.

  • 💡 Beginner to Pro Friendly – Ideal for both new and experienced forex traders.

Input Settings & Controls

  • Entry Level → Defines the price level at which a trade entry is marked.

  • Stop Loss Level → Sets the price level where the trade will be closed to limit losses.

  • Risk → Determines the percentage of account balance (or equity) to risk per trade.

  • Money Risk → Defines the fixed monetary amount to risk instead of percentage (if enabled).

  • Use Money Instead of Percentage → Option to switch between risking by percentage or by fixed money.

  • Use Equity Instead of Balance → Option to calculate risk based on current equity instead of account balance.

  • Delete Lines → Automatically removes drawn lines (entry/stop loss) after trade execution.

  • Font Color → Color of displayed text on the chart.

  • Profit/Stoploss Font Color → Specific color for profit/stop loss text labels.

  • Font Size → Size of the displayed text.

  • Font Face → Type of font used for display.

  • Corner → Defines which corner of the chart window the text will appear in.

  • Distance X → Horizontal offset distance for text placement.

  • Distance Y → Vertical offset distance for text placement.

  • Entry Line Color → Color used to draw the entry level line on the chart.

  • Stop Loss Line Color → Color used to draw the stop loss line on the chart.

Devices Supported

Device Type Operating System Compatibility with TradingView
💻 Windows Laptop/Desktop Windows XP / Vista / 7 / 8 / 8.1 / 10 / 11 ✅ Fully supported via app
🍏 MacBook / iMac macOS 10.15+ ✅ Fully supported via app
📱 Android / Mobile Android OS ❌ Not supported

Risk Disclaimer

  • TrendCharts.in and its associated products, services, software, and tools do not provide any offer or solicitation to buy or sell securities, futures, forex, commodities, or derivatives.
  • We are not SEBI Registered Investment Advisors or Research Analysts.
  • All materials are strictly for educational, informational, and paper trading & help in analysis purposes only.
  • We do not provide advice for Real Money Trade, tips, buy/sell recommendations, or investment strategies.
  • TrendCharts is solely involved in the development, sell, resale, and distribution of financial market software, datafeeds, indicators, scanners, and tools.
  • All our offerings are intended for testing strategies and educational evaluation only—not for real-money trading.
  • Users may utilize the software and tools for paper trading or strategy evaluation only.
  • If users apply our offerings to actual trading (knowingly or unknowingly), TrendCharts.in or its stakeholders bear no responsibility for any profit or loss.
  • Any such use is at the user’s sole discretion and risk.
  • We explicitly disclaim liability for any financial loss, trading loss, or damages resulting from:
  • Use of our software, tools, or services.
  • Decisions made based on any charts, indicators, AFLs, data, or analysis from our products.
  • All market data and content provided are subject to delays, inaccuracies, or errors.
  • Past performance (actual or hypothetical) is not indicative of future results.
  • Hypothetical or backtested performance may not reflect the impact of actual market conditions.
  • Trading and investing involve substantial financial risk and can result in loss of capital beyond the initial investment.
  • Users must use individual discretion and independent judgment while interpreting signals, strategies, or chart setups.
  • Automated signals or scanners are tools for evaluation—not trading instructions.
  • TrendCharts content does not account for personal financial conditions, goals, or investment profile.
  • Before making any financial decisions, consult with a licensed financial advisor or SEBI-registered professional.
  • Do not rely solely on any information presented on our site for actual trades.
  • Datafeeds and information may be delayed as per data vendor policies or exchange requirements.
  • We do not guarantee the real-time accuracy, timeliness, or completeness of such data.
  • No legal claim may be made against us or our data providers based on inaccuracies.
  • Any user testimonials are individual opinions and may not represent the typical user experience.
  • Hypothetical performance results involve inherent limitations and should not be relied upon for real-money decisions.
  • All opinions, data, signals, and analyses shared on the website are subject to change without notice.
  • TrendCharts reserves the right to modify tools, content, and services at its discretion.
  • Our software or product names are for branding purposes only and do not imply any market prediction or financial guarantee.
  • No claim is made regarding profitability from any software usage.
  • All content—charts, indicators, tools, or data—is designed for testing, analysis, and learning.
  • No real-money trading or investment recommendations are provided or supported.

⚠️ Final Note: Trading in financial markets is speculative and may not be suitable for all investors. TrendCharts.in provides various automatic signal setups for Paper Trading & help in Analysis, it is not a “black box” system to be used without careful evaluation. Users must apply their judgment in filtering automated setups, particularly in relation to broader market trends. All trading decisions are solely the responsibility of the individual trader. Trading and investing involve risks, and losses are inevitable, So Kindly use only risk capital and never invest money you cannot afford to lose.

✅ Always remember🧠 my 3R Rule💡: If the money💰 is yours then, risk⚖️, reward🏆 and regret😔 are solely yours. 🔥

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