Position Sizer Description
Position Sizer is an expert advisor for the trading panel that allows you to calculate the size of your trades according to your risk tolerance, your stop-loss and the trading instrument. The panel's keyboard shortcuts and interface allow you to execute trades. Position Sizer is available for MetaTrader 4 as well as MetaTrader 5. It offers multiple features such as risk calculation, margin calculation, swap calculation, and also a simple breakeven and trailing stop facility.
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News EA
This Metatrader News expert advisor can trade forex news using an one-cancels–others (OCO), approach and track the price of winning trades.
News (oco), main functions
Places a specified number of opposite pending order below (short) or above (long), the price, just prior to the news release.
You can delete the orders opposite as soon as the price reaches a pending order (oco is one cancels other).
Places stop-loss, take-profit, trail, break-even etc.
The News expert advisor is designed to trade news events using an OCO approach. OCO stands for one cancels another and refers to an EA's ability close a pending or more orders once the price triggers a opposite pending order. This is an important feature of news trading.
Traders who trade news often place two pending orders just before an important news event. This is the most profitable and well-known way to trade forex news: a buy-stop or a sell-stop.
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Pricing
Pricing Starts At:
$0
Pricing Information:
Free and open-source
Free Version:
Yes
Integrations
Company Details
Company:
EarnForex
Year Founded:
2005
Headquarters:
France
Website:
www.earnforex.com
Media
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Product Details
Platforms
Windows
Types of Training
Training Docs
Training Videos
Customer Support
Online Support
Position Sizer Features and Options
Position Sizer User Reviews
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Position Sizer Date: Oct 30 2023
Summary: This is definitely a hidden secret in the trading world - I cannot believe what I was doing before I found this plugin - scary!
Positive: 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!Negative: Didn't come precompiled.
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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.
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