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MT5 Dashboard for Position Risk and Suggested Lot Sizing

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Summary

This document describes an informational MetaTrader 5 chart indicator for reviewing account and position risk before placing an order. It displays balance or equity, margin figures, bid and ask, spread, broker volume constraints, open positions, and floating profit or loss for the chart symbol. For a planned trade, it estimates a suggested lot size from a risk percentage and stop distance, using the symbol’s tick size and tick value.

The dashboard also estimates protected risk for open positions that have stop losses and allows the user to configure its appearance and refresh interval. It does not place or manage trades. Its volume estimate depends on current broker specifications, so the document advises checking the actual order volume and required margin in the trading terminal. Positions without protective stops are not assigned a finite protected-risk estimate; no performance evidence is provided.

Key ideas

  • The indicator estimates suggested trade volume from a planned risk percentage and stop distance.
  • It shows account, symbol, margin, and open-position information on a chart.
  • Protected-risk estimates apply only to positions with a stop loss.
  • The displayed volume is informational and depends on current broker symbol specifications.
  • The indicator does not open, change, or close trades.

Tags

Risk managementPosition sizingExecution

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.