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Re: Best position size calculator MT4

DTRCT, Sun Oct 16, 2022 12:11 pm

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https://www.myfxbook.com/forex-calculators/position-size/USDCAD
Step 1 - find a signal you want to trade.
Step 2 - find the stoploss.
Step 3 - Count the pips from the current price to the chosen stoploss.
Step 4 - Go to Position Size Calculator | Myfxbook. Fill in the formula (Easy).

Now you get the trade size in Lots.

Do this every time you trade.
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