Position Sizer

Position Sizer

EarnForex
Process Engineering ToolS

Process Engineering ToolS

Stratus Engineering
+
+

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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.

About

PETS® is an engineering software product with a collection of over 30 frequently used engineering calculations combined into one software product. PETS® software calculates Physical Properties, Hydraulic Analysis, Relief Calculations and Instrument Sizing. PETS® also calculates Equipment Sizing such as Pumps, Compressors, Tanks, Vessels, Spheres, Drums, Columns, Exchangers, Air Coolers and more. PETS® is used by Process, Chemical, Production, Mechanical, Instrument and other Engineers. PETS® is being used in Refineries, Chemical Plants, Utilities, Equipment Manufacturers and many other industries. PETS helps you design, analyze and troubleshoot your process. The graphical user interface makes PETS® easy to use increasing productivity and providing reliable results. Select a tool, there are over 30 ToolS, then begin entering the necessary data. The PETS® environment is interactive and calculations are performed and updated as required data is entered. Save or print the data.

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

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

Audience

Engineers in Chemical, Refinery, Energy Industries

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

$0
Free and open-source
Free Version
Free Trial

Pricing

$44.99/month/user
$498 Standalone Version
$998 Network Single Seat
Free Version
Free Trial

Reviews/Ratings

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

Reviews/Ratings

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

This software hasn't been reviewed yet. Be the first to provide a review:

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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

EarnForex
Founded: 2005
France
www.earnforex.com

Company Information

Stratus Engineering
Founded: 1997
United States
www.ProcessEngineeringToolS.com

Alternatives

Alternatives

Categories

Categories

Engineering Features

2D Drawing
3D Modeling
Chemical Engineering
Civil Engineering
Collaboration
Design Analysis
Design Export
Document Management
Electrical Engineering
Mechanical Engineering
Mechatronics
Presentation Tools
Structural Engineering

Integrations

MetaTrader 4
MetaTrader 5

Integrations

MetaTrader 4
MetaTrader 5
Claim Position Sizer and update features and information
Claim Position Sizer and update features and information
Claim Process Engineering ToolS and update features and information
Claim Process Engineering ToolS and update features and information