Lot Calculator Indicator

Lot Calculator Indicator

The indicator displays the risk percentage on each trade. It helps you to see the best exit points by your Risk/Reward ratio.

Lot Calculator is an MT5 indicator that tells you the amount of risk each trade has. You can apply an indicator to calculate the percentage of risk on open positions. The Lot Calculator indicator is one of the most unique you can find. It indicates the account balance, floating point number, percentage, leverage and total risk per trade.

Whether you go long or short, the indicator minimizes your risk every time you enter a trade.

Whenever you open a position, the indicator will mention the floating points of the interest rate risk account. So whenever you lose/win, the indicator will help you manage your risk level.

How to trade with the Lot Calculator indicator?
The Lot Calculator indicator is not a typical MT5 indicator. It does not give you buy or sell points. Instead, it simply indicates the risk level of each trade, thereby reducing your chances of high risk.

You need to combine the indicator with other technical indicators such as RSI or Moving Average for long and short positions.

Below is the buy/sell strategy of the Lot Calculator indicator with RSI.

Lot Calculator indicator buying strategy
RSI must be below 30.
Wait for the trend to continue.
Enter a long trade after confirming an uptrend.
Place a stop loss below the recent swing low.
Specify take profit when RSI goes over 70.

Lot Calculator indicator selling strategy
RSI should be below 70.
Wait for the trend to continue.
Enter a short trade after confirming a downtrend.
Place a stop loss below the recent swing high.
Specify take profit when RSI drops below 30.

Conclusion
The Lot Calculator indicator does not tell you about entry and exit points; rather, it tells you the risk on each trade. So when combined with other indicators, it is really useful to limit exposure to risk.