TradingView Lot Size / Position Size Calculator

TradingView Lot Size / Position Size Calculator

Calculating Lot size has never been easier.

https://quickrisk.avantinfinity.com/

Install the chrome app from the app store: https://chrome.google.com/webstore/de...

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

Install the chrome app from the app store: https://chrome.google.com/webstore/de...

How do you calculate lot size?

What is Lot Size in Forex?
A lot in Forex trading is the unit of measurement that standardizes the size of a trade. The change in value of one currency relative to another is measured in points, which are to the last decimal places and therefore very small. This means that operating in a unit is not viable, which is why there are parts that allow people to operate these small movements in large numbers.
The value of a lot is set by an exchange or similar market regulator, ensuring that everyone is trading a fixed amount and knows how much of an asset they are trading when they open a position.
Finding the lot size that best balances opportunity and risk is a very important individual decision. Using a tool like the Trading Calculator can help you refine your lot size decisions, but you should do so with your own risk tolerance and trading goals in mind.
This is why it is important to choose the correct lot size. Too large a lot size will make the trade riskier and more difficult to maintain. Lot sizes that are too small might not generate enough potential profit to be worthwhile.

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