PositionCalculator is a simple position calculator that helps to calculate position size or lot size based on custom settings. The calculation result is presented as a table on the chart screen.
Settings description:
MAIN SECTION:
Risk level in percentage
Account size
Entry price
Stop price
Take Profit
FOREX SETTINGS are in addition to the main:
- Exchange rate (default value = 1) - is applied if account currency is to other base currency.
If account currency is the base currency in the pair, the exchange rate should be 1.
- Reverse exchange rate flag - is used for pairs that don't contain account currency.
For example, the account currency is USD, trade pair is GBP/AUD
in this case exchange rate should be defined for AUD/USD in the corresponding field and
"Reverse exchange rate" flag should be set.
- Lot size - is the size of the lot that is used for specific currency (Should be taken from Broker,
the default value is 100 000)
TABLE SECTION
- Dark mode flag - defines the color of the table text according to the user color mode
(black/white)
- Position of table - the result table can be presented in four different places (top_left,
top_right, bottom_left, bottom_right)
Settings description:
MAIN SECTION:
Risk level in percentage
Account size
Entry price
Stop price
Take Profit
FOREX SETTINGS are in addition to the main:
- Exchange rate (default value = 1) - is applied if account currency is to other base currency.
If account currency is the base currency in the pair, the exchange rate should be 1.
- Reverse exchange rate flag - is used for pairs that don't contain account currency.
For example, the account currency is USD, trade pair is GBP/AUD
in this case exchange rate should be defined for AUD/USD in the corresponding field and
"Reverse exchange rate" flag should be set.
- Lot size - is the size of the lot that is used for specific currency (Should be taken from Broker,
the default value is 100 000)
TABLE SECTION
- Dark mode flag - defines the color of the table text according to the user color mode
(black/white)
- Position of table - the result table can be presented in four different places (top_left,
top_right, bottom_left, bottom_right)