OPEN-SOURCE SCRIPT

Forex Lot Size Calculator

Updated
To use indicator you need to provide enter and stop prices(you can drag these lines also). Also you able to set your Account Size in USD, Risk in % and Commission you pay your broker per lot.
Indicator calculates all this information and provides you with Lot Size(with commission) you need to open a position and target prices for 2R and 3R(also includes commission).
Feel free to comment and request new features.
Release Notes
Add 1R line
Release Notes
fix rounding entry and stop prices
Release Notes
RELEASE NOTES

Now you can:
  • set a custom target price and see how much $ profit you get
  • change profit target size (by default 3R, min: 1R, max: 10R)
  • toggle visibility of profit target lines
  • turn off all profit target lines except the last one.
  • change table border color
calculatorForexlotsizelotsizecalculatorPortfolio managementTrend Analysis

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?


Also on:

Disclaimer