Quantora Position Size Calculator MT4

Related: Quantora Trade Manager MT4: Advanced Position Management for MetaTrader 4 - another powerful expert for MetaTrader 4 traders.

Quantora Position Size Calculator MT4

Also recommended: Quantora Break Even Manager MT4 - Professional Automatic Break Even Utility - similar expert with strong performance on MetaTrader 4.

Professional Risk-Based Lot Size Calculator for MetaTrader 4

The Quantora Position Size Calculator MT4 is a professional open-source utility that helps traders determine the optimal position size before opening a trade.

Using your account value, selected risk level, and Stop Loss distance, the calculator automatically determines a broker-compatible lot size while considering symbol specifications such as tick value, tick size, minimum lot, maximum lot, and lot step.

Designed for Forex, Gold, Indices, and Crypto CFD traders, it provides accurate position sizing, professional risk management, and an intuitive dashboard with minimal CPU usage.



Main Features



Risk-Based Position Size Calculation

Automatically calculates the recommended lot size using:

- Account value
- Risk percentage
- Fixed risk amount
- Stop Loss distance
- Tick value
- Tick size



Flexible Account Base

Choose between:

- Account Balance
- Account Equity
- Custom Account Value



Two Stop Loss Calculation Modes

Calculate Stop Loss using:

- Stop Loss in points
- Entry Price and Stop Loss Price difference



Fixed Risk Amount

Instead of using a percentage, you can enter the exact amount of money you are willing to risk per trade.



Broker-Compatible Lot Size

The calculated result automatically respects:

- Minimum lot
- Maximum lot
- Lot step
- Broker trading specifications



Conservative Lot Rounding

Optionally round the calculated lot size down to ensure the selected risk is not exceeded.



Risk / Reward Analysis

Displays:

- Risk amount
- Recommended lot
- Raw calculated lot
- Stop Loss points
- Target points
- Potential reward
- Reward-to-Risk ratio



Estimated Margin Information

Displays the approximate margin required for the calculated position size.



Flexible Symbol Selection

Supports:

- Current chart symbol
- Custom symbol



Professional Quantora Dashboard

The integrated dashboard displays:

- Calculation Status
- Account Base
- Account Type
- Current Symbol
- Spread
- Risk Percentage
- Risk Amount
- Stop Loss Distance
- Target Distance
- Tick Value
- Tick Size
- Raw Lot Size
- Recommended Lot Size
- Estimated Margin
- Potential Reward



Dashboard Controls

- Recalculate
- Reset Status



Compatible Markets

- Forex
- Gold (XAUUSD)
- Indices
- Crypto CFDs



Advantages

- Professional risk management
- Automatic position size calculation
- Balance, Equity, or Custom Account Value
- Percentage-based or Fixed-Money Risk
- Point or Price-based Stop Loss calculation
- Broker-compatible lot sizing
- Automatic lot normalization
- Estimated margin calculation
- Risk / Reward analysis
- Professional Quantora dashboard
- Low CPU usage
- Open-source source code
- Easy future customization



How It Works

The utility first determines the selected account value and calculates the maximum amount of money you are willing to risk.

Using the selected Stop Loss distance together with the symbol's tick value and tick size, it calculates the appropriate position size and automatically adjusts the result according to your broker's minimum lot, maximum lot, and lot step requirements.



Important Information

This utility does not open trades, does not place orders, and does not generate trading signals.

Its purpose is to provide an accurate position size calculation based on your selected risk settings and your broker's trading specifications.

Always verify the calculated result before placing live trades.

You may also like: Quantora Trailing Stop Manager: Automatic Stop Loss for MT4 - excellent alternative for expert users on MetaTrader 4.

#property copyright "RobotFX"
#property link "https://robotfx.org"
#property version   "1.00"
#property strict
#property description "This code is educational. Feel free to use, modify and upgrade as you wish. Visit ROBOTFX.ORG for professional trading tools"
enum ENUM_Q_ACCOUNT_BASE
  {
   Q_USE_BALANCE  = 0,
   Q_USE_EQUITY   = 1,
   Q_CUSTOM_VALUE = 2

.......

• This tool is provided for educational and testing purposes only.
• Past performance does not guarantee future results.
• Trading involves substantial risk of loss. Use on a demo account first.
• Results may vary depending on market conditions, broker, and settings.
• We recommend thorough backtesting and forward testing before using with real funds.