Position Size Calculator - Based on VP Money Management Rules - MetaTrader 4 Script - MT4/MT5 Resources

Version 2.0 has been uploaded - Version 1.xx users please update the risk%

This indicator is based on the money management method used by the VP of nononsenseforex.com, which uses ATR to calculate stop loss, take profit, and the volume of trades that should be made based on the percentage of equity you want to risk.

Inputs include:-

What to show:-

**V2.00 upgrade instructions**

First thanks to my VP cousin for sending me the cleaned display.

Important - you need to reset the risk size %, for example for 2% enter 2.0 instead of 0.02

Please feel free to add comments and send me any bugs you find or suggested updates.

December 29, 2018 - V1.01 Fixed bug where account currency was not loading when reloading MT4 or when charts were already loaded

January 2, 2019 - Actual fix for V1.02 bug (Thanks Warren.)

January 17, 2019 V2.00 Cleaned up the output, especially the output of the Japanese Yen currency pair, was able to change the corners of the screen and fixed the ATR

Attachment download

📎 pos_size.mq4 (8.43 KB)

Source: MQL5 #23886