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

Trade over 60 currency pairs 24/5 with ultra-low spreads, fast execution, and up to 1:1000 leverage. Trade a wide range of metal CFDs ranging from gold and silver to platinum. TMGM is a global online trading platform. Our platform empowers investors to manage their investment portfolios efficiently, providing access to various products. At TMGM, we simplify direct CFD trading through a sophisticated online platform, offering advanced technology, unparalleled support, and an innovative structure that allows traders to focus on making informed investment decisions while we handle the rest. Trade CFDs of over 50+ currency pairs on the TMGM platform, backed by robust tools for the sharpest signals and latest insights. With razor-thin spreads from 0.0 pips, lightning-fast execution, and leverage of up to 1:1000, get started with a trusted broker like TMGM with deposits as low as $50. Diversify your portfolio with access to over 12,000 products across 6 asset classes.

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

Audience

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

Audience

Investors wanting a solution to manage their investment portfolios efficiently

Support

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

Support

Phone Support Not Supported
24/7 Live Support 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

Free
Free Version 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:

Review this Software

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 Supported
In Person Not Supported

Company Information

EarnForex
Founded: 2005
France
www.earnforex.com

Company Information

TMGM
Founded: 2013
Australia
www.tmgm.com

Alternatives

Alternatives

Categories

Categories

Integrations

MetaTrader 4 Supported
MetaTrader 5 Supported
Apple Pay Not Supported
Equinix Not Supported
Google Pay Not Supported
Mastercard Payment Gateway Services Not Supported
Stripe Not Supported

Integrations

MetaTrader 4 Supported
MetaTrader 5 Supported
Apple Pay Supported
Equinix Supported
Google Pay Supported
Mastercard Payment Gateway Services Supported
Stripe Supported
Claim Position Sizer and update features and information
Claim Position Sizer and update features and information
Claim TMGM and update features and information
Claim TMGM and update features and information