Position Size CalculatorBased on VP Money Management rulesindicator...

Position Size CalculatorBased on VP Money Management rules – მაჩვენებელი MetaTrader 4


ვერსია 2.0 UploadedVersion 1.xx users please update risk %

This indicator is based on the Money Management approach used by VP from nononsenseforex.com It uses ATR to calculate Stop Loss, Take Profit and Volume you should enter into a trade based on the percentage of your Equity you want to risk.

Inputs Include :-

  • ATR Periods
  • Input Risk % eg enter the % *changed for Version 2
  • Stop Loss Factorcalculate Stop Loss as 1.5 times the ATR from the current price
  • Take Profitcalculate a Take Profit as a factor of ATR based on current price
  • Font size and color
  • Fixed ATRleave it at 0 unless you want to lock the ATR value eg during a flash crash

What is Displayed :-

  • ATR(14):80პუნქტს – The ATR for the current Period in pips rather than points
    • If you seeFIXED ATRyou have entered a value under input to override the ATR. Enter 0 as Fixed ATR to use a calculated ATR
  • Equity:50,30.65GBP – Your current Equity and Account Currency
  • Risk 1.0%:502GBP – The calculated Risk in your currency and counter currency
  • Time Left:01:55:33 – How long before the current period closes
  • Depending on if you will Buy or Sell the Stop Loss and Take Profit
    • Buy SL:0.72654
    • Buy TP:0.72814
    • Sell SL:0.72997
    • Sell TP:0.72129
  • Base Corner 0 to 3 – Allow you to move Pos Size to a different corner of the screen
    • 0= Upper Left, 1=Upper Right, 2=Lower Left,3= Lower Right
  • Volume:1.19 – This is the Lot size orVolumein the MT4 Order window


Firstly thank you to my fellow VP cousin for sending me the cleaned up display.

ImportantYou will need to reset the Risk size % eg for 2% enter 2.0 not 0.02

Please feel free to add comments, and send me any bug you spot or suggested updates.

Hope it helps!

Change Log :-

29th Dec 2018 – V1.01 fixes bug with Account Currency not being loaded when MT4 is reloaded or charts already loaded

2nd Jan 2019 -V1.02 The actual fix to the bug (Thanks Warren.)

17 იან 2019 V2.00 Cleaned up output in particular on JPY pairs, Ability to change the corner of the screen and Fixed ATR

MT4 Indicators – Download Instructions

IPosition Size Calculator is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.Subway provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

ამ ინფორმაციის საფუძველზე, მოვაჭრეები შეიძლება ვივარაუდოთ, შემდგომი ფასის მოძრაობა და შეცვალოს მათი სტრატეგიის შესაბამისად.

How to install the software?

  • Download the mq4 file from the zip file.
  • Copy the mq4 file to your Metatrader Directory / ექსპერტები / მაჩვენებლები /
  • დაიწყოს ან გადატვირთეთ Metatrader Client
  • აირჩიეთ გრაფიკი და ვადები, სადაც თქვენ გსურთ შეამოწმოთ თქვენი მაჩვენებელი
  • Search “Custom Indicators” in your Navigator mostly left in your Metatrader Client
  • Right click on the mq4 file.
  • დაურთოს გრაფიკი
  • პარამეტრების შეცვლა ან დააჭირეთ ok
  • Indicator should be available on your Chart

How to remove tim.mq4 from your Metatrader 4 გრაფიკი?

  • აირჩიეთ სქემა სად არის მაჩვენებელი გაშვებული თქვენი Metatrader Client
  • მარჯვენა დააჭირეთ შევიდა გრაფიკი
  • “Indicators list”
  • აირჩიეთ მაჩვენებელი და წაშლა

MT4 მაჩვენებლები ჩამოტვირთვა ქვემოთ:

Position Size CalculatorBased on VP Money Management rules – მაჩვენებელი MetaTrader 4


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