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

Taurex is a global online trading platform and broker providing access to forex and CFDs across a wide range of financial markets. Traders can access more than 1,500 instruments, including forex, shares, indices, commodities, metals, cryptocurrencies, and ETFs. Taurex supports trading through its proprietary mobile trading app, MetaTrader 4 (MT4), and MetaTrader 5 (MT5), with access across web, desktop, iOS, and Android devices. The platform includes charting tools, customizable watchlists, multiple order types, market analysis resources, trading signals, and educational content designed to support different levels of trading experience. Through its trading ecosystem, Taurex provides users with tools for monitoring markets, managing positions, analyzing price movements, and accessing multiple asset classes from a single trading environment.

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

Individual traders, active investors, and businesses seeking forex and CFD trading across global financial markets.

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

No images available

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

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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

Taurex
Founded: 2017
Seychelles
www.tradetaurex.com

Alternatives

Alternatives

IUX

IUX

IUX
Vantage

Vantage

Vantage Markets

Categories

Categories

Integrations

MetaTrader 4
MetaTrader 5

Integrations

MetaTrader 4
MetaTrader 5
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Claim Position Sizer and update features and information
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