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

TradersWatcher is a trading journal built around the half of a trader's edge that plain statistics miss: how a trade was executed, and the state the trader was in when they clicked. An Expert Advisor streams every fill from MT4 and MT5 in real time, carrying what a CSV export cannot - latency, slippage, spread at fill, requotes and partial fills - and scores the broker on what it actually delivered. Traders not on MetaTrader import from 14 broker and exchange formats, with AI-assisted mapping for anything unrecognised and deduplication so a re-import never doubles history. Each trade carries a setup, an emotion and an intensity, plus a flag for whether the plan was followed. After the session a short spoken review is recorded and transcribed. Statistics then run by setup, hour, session, weekday, symbol and emotion. Prop traders get a full rule engine with 15 firm presets, accounted in the firm's timezone. It never places orders, sends signals or copies trades.

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

Scalpers, day traders, swing traders and prop-firm traders using MT4/MT5, cTrader or crypto exchanges

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

$0
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

TradersWatcher
Canada
traderswatcher.com

Alternatives

Alternatives

GridTrade

GridTrade

SmartWelcome
Silo

Silo

Silo Journal

Categories

Categories

Integrations

MetaTrader 4
MetaTrader 5
cTrader

Integrations

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