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

SizeOps is a chart-based position-sizing and trade-risk tool for traders using MetaTrader 4, MetaTrader 5, or NinjaTrader 8. Traders set a risk amount, place a stop, and use the panel to calculate a lot size or contract quantity, including broker commission in the calculation. It can submit an entry with its stop-loss and take-profit orders, and supports planning partial take-profits and breakeven levels before entry. A floating trade display reports open-position profit and loss in currency and R. A daily loss limit checks proposed trades against the remaining daily limit and can block trades that would exceed it. SizeOps also provides web-based position-size calculators for forex, gold, US30, NAS100, US500, and futures including NQ, ES, YM, GC, and micro contracts. Licenses are one-time purchases with no subscription, and each platform has a free seven-day trial.

Platforms Supported

Windows Supported
Mac Not Supported
Linux Not Supported
Cloud Not Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Platforms Supported

Windows Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Audience

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

Audience

Traders using MetaTrader 4, MetaTrader 5, or NinjaTrader 8, including forex, CFD, and futures traders.

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported

API

Offers API Not Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

Pricing

$0
Free and open-source
Free Version Supported
Free Trial Not Supported

Pricing

$99 one-time
Licenses are one-time purchases with no subscription. Each platform has a free seven-day trial that begins when SizeOps first connects to a trading account.
Free Version Not Supported
Free Trial Supported

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 Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Company Information

EarnForex
Founded: 2005
France
www.earnforex.com

Company Information

SizeOps
sizeops.com

Alternatives

Alternatives

Position Sizer

Position Sizer

EarnForex
NeoTLog

NeoTLog

NeoTradeLog AB

Categories

Categories

Trading Supported

Integrations

MetaTrader 4 Supported
MetaTrader 5 Supported
NinjaTrader Not Supported

Integrations

MetaTrader 4 Supported
MetaTrader 5 Supported
NinjaTrader Supported
Claim Position Sizer and update features and information
Claim Position Sizer and update features and information
Claim SizeOps and update features and information
Claim SizeOps and update features and information