Position Sizer

Position Sizer

EarnForex
+
+

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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

Rithmic puts your trades first, whether you are part of a prop shop or are a professional trader, Rithmic’s trade execution software delivers to you the low latency and high throughput performance formerly seen only by the very large trading houses and boutique hedge funds. Build your own trading programs with R | API+™ deploy them on your machines co-located with our equipment and connect them. Connect your trading programs to our fully hosted multi-asset trade execution platform. Or reserve a deployment for your exclusive use in your data center or in ours. Rithmic operates and maintains all deployments of its software on your behalf. Administrators can set risk limits, activate and deactivate users and accounts, and record fills and cancels whose execution has been made outside of the platform. Provides trailing stops, brackets and OCOs, custom time, tick, volume, and price range bars.

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

Companies seeking a tool to build their own trading programs and manage their trade execution operations

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

No information available.
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

Rithmic
yyy3.rithmic.com

Alternatives

Alternatives

Investor/RT

Investor/RT

Linn Software

Categories

Categories

Integrations

Investor/RT
MetaTrader 4
MetaTrader 5
R | Trader
StockSharp
TradeFuse

Integrations

Investor/RT
MetaTrader 4
MetaTrader 5
R | Trader
StockSharp
TradeFuse
Claim Position Sizer and update features and information
Claim Position Sizer and update features and information
Claim Rithmic and update features and information
Claim Rithmic and update features and information