Lot Size Calculator in Chrome with OffiDocs
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DESCRIPTION
Forex risk management enables you to implement a set of rules and measures to ensure any negative impact of a forex trade is manageable.
An effective strategy requires proper planning from the outset, since it’s better to have a risk management plan in place before you actually start trading.
This extension help traders to easily calculate the appropriate lot size / position size based on the trader's trading plan.
The calculation is all done inside of tradingview, therefore no need to move between application to perform calculation.
While building your trade plan in tradingview, simply use the position tool to see your lot size / position size.
✓ Use the TradingView position tool to visually mark up your trade ✓ No need to copy and paste currency pair values ✓ No need to calculate pip stop loss ✓ Do all your trading plan in one place and get your calculated lot size/position size ✓ Show you lot size / position size in both standard and mini lot Usage To use the lot size calculator, select your trading account currency above.
Return to tradingview and use the long or short position tool to markup your trade with your stop loss position define.
Double click on the long or short position and display its property.
Ensure you are under the Inputs tab.
In this tab you can specify your: Account size (Account balance), Risk (This can be % or an exact amount based on your account currency).
You can now select Calculate at the top of the window to display your lot size for a standard and Mini lot size account.
To save you account balance and Risk for future usage, select OK from the position window.
Additional Information:
- Offered by Avant Infinity
- Average rating : 5 stars (loved it)
- Developer This email address is being protected from spambots. You need JavaScript enabled to view it.
Lot Size Calculator web extension integrated with the OffiDocs Chromium online
