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EarnForex committed Jul 26, 2022
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# Position Size Calculator
# Position Sizer

Position Size Calculator indicator for MT4 and MT5 by EarnForex.com.
The Position Sizer expert advisor for MT4 and MT5 by EarnForex.com.

Position Size Calculator automatically calculates the number of lots to trade based your risk tolerance, account size and currency, currency pair, commission, and other settings.
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 indicator 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.
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.

![Position Size Calculator - an example chart with ATR settings enabled](https://github.com/EarnForex/PositionSizeCalculator/blob/master/README%20Images/Position%20Size%20Calculator%20Example%20with%20ATR%20Settings.png)
![The Position Sizer - an example chart with ATR settings enabled](https://github.com/EarnForex/PositionSizeCalculator/blob/master/README%20Images/Position%20Sizer%20Example%20with%20ATR%20Settings.png)

The indicator is accompanied by the PSC-Trader script, which can be used to open trades based on the calculations done by Position Size Calculator panel.
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 indicator and the script can be found here:
https://www.earnforex.com/metatrader-indicators/Position-Size-Calculator/
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 (including video):
https://www.earnforex.com/metatrader-indicators/Position-Size-Calculator/#Installation
Installation instructions: https://www.earnforex.com/metatrader-expert-advisors/Position-Sizer/#Installation

All sorts of contributions are welcome!

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