BrokersDB
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Position Sizer MT5

Manage your risk visually on the chart, calculate lot sizes instantly, and execute trades with advanced capabilities in MetaTrader 5.

Free Download

Version 1.00 • For MetaTrader 5 • Source Code Included • 45 KB

Download Zip

Includes fully open-source .mq5 logic, headers, and UserGuide.md.

Premium Features included

Visual On-Chart Risk Management

Drag and drop Entry, Stop Loss, and Take Profit lines directly on the chart. Watch the risk, reward, and position size adjust instantly.

Advanced Order Types

Execute Market, Limit, Stop, or the MT5-exclusive Stop Limit orders with a single click right from the panel.

Automated ATR Sizing

Automatically adjust your Stop Loss and Take Profit levels based on current market volatility using built-in ATR calculations.

Multi-Take Profit Splitting

Divide your position into multiple partial take-profit levels automatically. Ensure you lock in profits along the way.

100% Open-Source Code

Total transparency builds trust. The complete source code (.mq5 & .mqh) is included. Inspect our completely safe code or customize it for your own trading strategy.

Quick Installation:

  1. Download and extract the zip file.
  2. Place the BrokersDB_PositionSizer folder into MQL5/Experts/Advisors/.
  3. Refresh your MT5 Navigator and drag it to a chart.
  4. Ensure Allow Algo Trading is enabled.
All Trading Tools

The Ultimate Position Sizer MT5

The MetaTrader 5 (MT5) platform is powerful, but manually calculating lot sizes using an external position size calculator based on your account risk percentage is slow and error-prone. The Position Sizer MT5 completely removes the guesswork, allowing you to focus on your technical analysis.

Instead of struggling with a separate calculator app, our Expert Advisor places an elegant, non-intrusive panel directly onto your trading charts. It immediately calculates the exact position size needed whenever you adjust your Stop Loss or Take Profit lines visually.

Key Trading Advantages

  • In-Chart Execution: Never leave the MT5 window. Calculate and execute within milliseconds.
  • Error-Free Risk: Strict percentage-based or fixed-money risk enforces solid money management rules automatically.
  • Detailed Margin Checks: Ensure you always have enough free margin before a trade is broadcasted to the broker server.
  • Safe & Local: This EA runs entirely locally on your machine. Your trading data is private and never transmitted.

Disclaimer & Risk Disclosure

Trading Forex, CFDs, and other financial instruments is highly speculative and carries a high level of risk. The BrokersDB Position Sizer is a mathematical tool designed to assist in position calculation. BrokersDB and its developers hold no responsibility for broker requotes, execution failures, platform bugs, slippage, or financial losses. Always test new tools on a demo account before risking real capital.