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What is Position Sizer?

Position Sizer serves as a sophisticated trading panel advisor that helps users determine the appropriate size of their trades based on their individual risk appetite, stop-loss parameters, and the specific trading instrument in use. With its user-friendly interface and handy keyboard shortcuts, executing trades becomes a seamless process. Compatible with both MetaTrader 4 and MetaTrader 5 platforms, Position Sizer not only facilitates risk assessment but also incorporates margin and swap calculations, along with a straightforward breakeven and trailing stop feature to enhance trading strategies. This comprehensive tool ensures that traders can make informed decisions tailored to their financial goals.

What is Forex Trade Manager?

To place an order in Metatrader, one must access a specific interface where they can enter details such as the opening price, stop loss, take profit, and trade size. Capital management is vital in financial trading to safeguard your initial funds and facilitate gradual growth. Before deciding on the appropriate trade size, it's essential to conduct calculations to determine how much you should invest. For scalpers who need the agility to rapidly open and close trades without setting stop losses or profit targets, the Trade Manager panel offers an effective solution by allowing fixed order parameters for swift execution. Furthermore, this panel enhances the process of managing orders by permitting users to close all positions with a single click or selectively delete certain pending orders based on their profitability. This flexibility not only saves time but also empowers traders to make quick decisions, highlighting the Trade Manager's significance in enhancing trading efficiency. Ultimately, its user-friendly features cater to the fast-paced nature of trading, making it an essential asset for those who seek to optimize their performance in the markets.

Media

Media

Integrations Supported

MetaTrader 4
MetaTrader 5

Integrations Supported

MetaTrader 4
MetaTrader 5

API Availability

Has API

API Availability

Has API

Pricing Information

$0
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

EarnForex

Date Founded

2005

Company Location

France

Company Website

www.earnforex.com

Company Facts

Organization Name

Forex Trade Manager

Company Location

United States

Company Website

www.mql5.com/en/market/product/37228

Categories and Features

Categories and Features

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