Position Sizer

Position Sizer

EarnForex
+
+

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About

FTMO is a modern proprietary trading firm established in 2015, offering traders the opportunity to manage demo accounts with balances up to $200,000. The firm has developed a unique evaluation process, comprising the FTMO challenge and verification stages, designed to identify and nurture trading talent. Upon successful completion, traders operate in a simulated environment and can earn up to 90% of the profits generated, without risking personal capital. FTMO provides access to multiple trading platforms, including MetaTrader 4, MetaTrader 5, cTrader, and DxTrade, catering to diverse trading preferences. The firm emphasizes trader development through its FTMO Academy, offering educational resources and performance coaching. Additionally, top-performing traders may qualify for the premium program, granting benefits such as increased profit sharing and potential employment.

About

Position Sizer is a trading panel expert advisor that lets you calculate the position size for your trades based on your risk tolerance, stop-loss, and the trading instrument you are working with. You can execute trades using the panel's interface and keyboard shortcuts. Version of Position Sizer are available for MetaTrader 4 and MetaTrader 5. It also offer multiple additional features, such as margin calculation, swap calculation, risk calculation, breakeven, and trailing stop. There are multiple customization options to configure the calculator according to your trading strategy and the conditions imposed by your broker (or your prop firm). Position Sizer's panel preserves your settings through change of timeframe or currency pair and turning the platform on/off.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Any user interested in trading searching for a tool to demonstrate their skills in a risk-free, simulated environment, with the potential to earn substantial profits

Audience

Traders in Forex, CFD, futures, indices, and stocks

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

Free
Free Version
Free Trial

Pricing

$0
Free and open-source
Free Version
Free Trial

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

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Reviews/Ratings

Overall 5.0 / 5
ease 5.0 / 5
features 5.0 / 5
design 4.8 / 5
support 5.0 / 5

Pros & Cons from Real Users

Pros

  • position sizer makes sticking to firm risk limits effortless. calculates every trade down to the decimal perfect for prop account restrictions
  • i like how position sizer simplifies trade planning. perfect risk control and margin calculations no mistakes even on volatile pairs.
  • position sizer keeps my risk consistent on every trade. no more guessing lot sizes — i just set my stop loss and risk %, and it does the math perfectly.
  • Easy to use and install - couldn't be without it now. Lots of video instructions on youtube about how to use and install - please look up if you get stuck!

Cons

  • switching between instruments takes a few seconds longer than expected.
  • I would love a dark mode option for night sessions.
  • took me a bit to adjust the broker settings right, but once done, it’s smooth.
  • Didn't come precompiled. Video on their download page shows you how to compile and it takes 30 seconds so not really a con but the only downside I could think of.

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

FTMO
Founded: 2015
Czech Republic
ftmo.com

Company Information

EarnForex
Founded: 2005
France
www.earnforex.com

Alternatives

Alternatives

GridTrade

GridTrade

SmartWelcome
Silo

Silo

Silo Journal

Categories

Categories

Integrations

MetaTrader 4
MetaTrader 5
DXtrade
cTrader

Integrations

MetaTrader 4
MetaTrader 5
DXtrade
cTrader
Claim FTMO and update features and information
Claim FTMO and update features and information
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Claim Position Sizer and update features and information