Money Management Calculator 0.1 Indicator

Money Management Calculator 0.1 Indicator

Determine the correct trading lot size before entering buy-sell trades using the best MT4 risk Money Management Calculator 0.1 Indicator. Works well for forex & stocks on MTF charts.

Categories: MT4, Informational

The Money Management Calculator 0.1 automatically determines trading lot sizes based on pre-determined loss budgets for each entry. This indicator helps traders control their risks and manage multiple portfolios simultaneously.

Risk management helps minimize losses and establish discipline in the process of your account growth. It can prevent traders from losing all of their funds. Otherwise, unplanned trading activities may severely damage your trading fund.

In this article, we’ll explain how convenient it is to control your risk precisely when you apply the automatic indicator 0.1 to your MT4 platform.

How the Money Management Calculator 0.1 indicator works in MT4

Before you activate a buy or sell entry, check the trading lot number the indicator displays at the top-left corner of the chart. Establishing your trading positions following the indicator’s instructions means you’re not exceeding your daily loss budget.

The indicator follows the 2% risk rule and considers 40 pips as stop loss budgets. Although, you can easily customize the strategy by modifying its MT4 settings.

According to the “2% rule,” an investor should never risk more than 2% of their total capital on a single trade. An investor must first calculate their available money, accounting for potential future fees or commissions from trading while applying the 2% rule.

Conclusion
The Money Management Calculator 0.1 is an essential indicator for beginners who need help determining trading lots following a specific risk management strategy. When traders lose money, they are exposed to risk. If you manage your risk correctly, you can increase your chances of making money in the market consistently.