Smart Position Sizer for MetaTrader 5
Trade faster, size smarter, execute instantly. Spot the setup, click once to anchor your entry (snaps to the live price), move your mouse to preview the Stop-Loss and 1R–4R targets, then click again to lock them in. Hit EXECUTE and your order is sent with SL & TP pre-filled—sized to your Stop-Loss risk in dollars. Less hesitation, more consistency.
Built for Forex, Futures, Indices, and Metals. Include spread in Forex sizing (optional) for accurate net risk. On Futures, tick size and tick value are respected for clean whole-contract sizing. Across all symbols, the tool is broker-aware—uses bid/ask correctly, honors minimum stop distance, snaps to valid tick increments, and respects volume min/step/max so orders don’t get rejected.
Why traders love it
- Two-Click Entry + Live Preview — See SL and 1R, 2R, 3R, 4R levels update in real time.
- Auto Position Sizing — Enter your Stop-Loss risk in dollars; the tool calculates exact size.
- Include Spread for Forex — Optional spread-aware sizing for precise lots.
- One-Click Order Execution — Market order with SL/TP filled from the same risk basis you previewed.
- Clear Visual Targeting — Instantly see if 1-to-2 or 1-to-3 aligns with structure before committing.
- Timeframe-Proof & Tidy — Lines persist across TF changes; quick RESET; clean de-init.
How it works
- Click #1: Sets your entry (snaps to current price) and shows a live preview of SL + 1R–4R.
- Move mouse: Adjust Stop-Loss visually; position size updates to your dollar risk.
- Click #2: Locks SL and targets. Press EXECUTE to send the order with SL/TP pre-filled.
Features
- Two-Click Workflow — Click once to anchor entry (snaps to live price), move the mouse to preview Stop-Loss + 1R–4R, click again to lock. Fast, visual, and precise.
- Live Risk Preview — As you hover the Stop-Loss, the tool shows distance in ticks/pips/points, your chosen Stop-Loss risk in dollars, and the position size calculated in real time.
- Auto Position Sizing — Enter your dollar risk (e.g., 3000) and get the exact size for the current stop distance. Size respects broker min/step/max so orders won’t get rejected.
- Instant Execution with SL & TP — One click sends a market order with Stop-Loss and Take-Profit pre-filled using the same risk basis you previewed. No re-typing or re-measuring.
- 1R–4R Target Array — See 1R, 2R, 3R, 4R lines drawn from entry, based on your stop distance. Spot 1-to-2 or 1-to-3 opportunities at a glance.
- Spread-Aware Forex Sizing (Optional) — Include current spread in the sizing math for accurate net risk on FX pairs, or turn it off if you prefer gross risk.
- Futures-Ready — Uses the symbol’s tick size and tick value for clean, whole-contract sizing (e.g., indices like NQ) and snaps prices to valid increments.
- Broker-Aware Safety — Honors bid/ask side correctly, checks minimum stop distance, and rounds to valid tick/point and volume steps automatically.
- Visual Clarity — Color-coded Entry, Stop, and TP lines with a compact info label. Choose display units: ticks, pips, or points.
- Timeframe-Proof — Lines persist across timeframe changes so your setup doesn’t vanish when you zoom in or out.
- Quick Reset & Clean De-Init — One tap clears all lines to start fresh; removing the EA cleans up objects automatically.
Inputs You Control
- Stop-Loss Risk (USD) — Primary risk input for sizing.
- Display Units — Ticks, Pips, or Points.
- Include Spread for Forex — On/Off for spread-aware sizing.
- TP Multiple for Quick Execute — 1R, 2R, 3R, or 4R target.
- Confirm on Execute — Simple pre-trade confirmation dialog.
- Style & Behavior — Line colors/widths, drag permission, refresh rate, and whether lines persist across timeframe changes.
*For brokers that don’t provide tick value automatically, use our Manual Tick Value Calculator to find and enter the correct value for accurate sizing.
Purchase: Smart Position Sizer
Smart Position Sizer – Expert Advisor Utility
Two-Click Execution & Auto Position Sizing
Set entry, preview Stop Loss with live 1R–4R targets, and auto-calculate size from Stop-Loss Risk (USD). Optional spread-aware sizing for Forex. Instant execution with SL & TP pre-filled.
Delivery:
Instant download after purchase (.ex5 compiled program file)
Requirements
- MetaTrader 5 (desktop)