If you’ve used TradingView’s Long/Short Position tool, you know how clean risk planning can be. Switch to MetaTrader 5 and you’re back to a clunky crosshair, manual math, guessing tick values, and hopping to external position size calculators—especially painful on Forex where lot steps and spreads vary, or on Futures where tick value changes by symbol. The result? Slow entries, oversizing or undersizing, missed moves, and inconsistent risk.

What We All End Up Doing:

You eyeball distance with the crosshair, punch numbers into a calculator, round a lot size, then try to build orders fast enough to catch the move—often widening stops or cutting targets just to get in. Precision suffers. So does confidence.

What Fixes It:

Smart Position Sizer for MetaTrader 5

Bring the clarity of TradingView’s Long/Short planning inside MT5—and add one-click execution.

• Two-Click Workflow:
  Click #1 anchors entry (snaps to current price). Move your mouse to preview the stop and a 1R…4R target array live on the chart. Click #2 to lock the stop and targets.

• Automatic Position Sizing from Dollar Risk:
  Set your Stop-Loss Risk (USD)—e.g., 3,000—and the tool calculates the exact position size to that risk for your chosen R multiple.
  • Forex: Optionally include current spread in sizing so your lots reflect net risk.
  • Futures: Uses exchange tick size/value and whole-contract steps.
  • Indices & Metals: Switch the display to Points; the visuals just make sense.

• Visual Targeting = Quality Trades:
  See precisely where 1 to 1, 1 to 2, 1 to 3, or 1 to 4 lands against structure. Example: bottom forms with a 30-tick stop? The tool paints the 90-tick take-profit so you can judge confluence instantly.

• Instant, Clean Execution:
  Hit EXECUTE and the order goes live with SL and TP pre-filled—using the same tick basis you previewed. The confirmation is simple and clear (side, size, stop distance in ticks, and TP at your R multiple).

• Instrument-Aware & Broker-Aware:
  It honors minimum stop distance, snaps prices to valid tick increments, respects volume step/min/max, and uses the correct bid/ask side. Your plan and your fill stay aligned.

• Quality-of-Life Details:
  Lines persist across timeframes, RESET clears the layout fast, and the UI remains sleek and unobtrusive.

Why it beats a planning-only tool:
TradingView’s Long/Short is fantastic for visualization—but it doesn’t place the order in MT5. Smart Position Sizer gives you the same visual clarity plus precise native execution in MetaTrader 5. No context-switching. No manual rebuilds. No guesswork.

How it flows (seconds, not minutes):

1. Click once to anchor entry (auto-snap).

2. Hover to preview stop and 1R…4R.

3. Click to set.

4. Press EXECUTE. Done—sized to your risk, with SL/TP live.

Who it’s for:
Scalp, day, or swing traders in Forex, Futures, indices, or metals who want consistent risk, clean targets, and fast, confident execution.

Get Smart Position Sizer:

• Profit Smasher → https://www.profitsmasher.com/2025/08/smart-position-sizer-for-metatrader-5.html

• Prefer renting or a free demo? MetaTrader 5 Marketplace → https://www.mql5.com/en/market/product/148342?source=Site+Profile