Forex Position Size Calculator — Indicator by TradeAnatomy

The Forex calculator uses the Adaptive Channel lines to determine your initial stop. You can input your portfolio value, % risk per trade and it will determine the number of lots. It will automatically recalculate when you switch to a different currency pair. You can choose to go long or short the currency pair and the number of lots will recalculate. There is also an option to choose your own initial stop value. Helps you stay consistent with position sizing and risk management.

MULTIPLE BASE CURRENCIES

You can change the base currency to EUR, GBP, AUD, JPY, CHF, CAD, or USD to calculate position size. The indicator also provides the option to see the position size using Standard, Mini, or Micro values.

The Adaptive channels can work as entry points and follow the trend of the trade until it reverses. The calculator works on any time frame from 5-minute charts to weekly charts.

It calculates on roughly 30+ currency pairs.
http://www.tradeanatomy.com/forexpositionsizecalculator/

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Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact TradeAnatomy for more information, or follow the author's instructions below.

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