A free MT5 position sizer. Take trades quickly, without having to calculate lot size, commission or spread.
Download free
Download the file
Drop it in the Experts folder
In MT5 : File → Open Data Folder, then MQL5 → Experts, and drop the file there.
Drag it onto a chart
In the Navigator (Ctrl+N), right-click Expert Advisors → Refresh, then drag it on. Not there ? Restart MT5.
Allow algo trading, twice
Tick Allow Algo Trading in the window that opens, and switch on the Algo Trading toolbar button. Without them the panel still calculates ; only the trade button won't fire.
Download the file
Put it in the Experts folder
In Finder : Go → Go to Folder (Cmd+Shift+G), look under ~/Library/Application Support for the folder containing MQL5/Experts, and drop the file there.
Or paste this in Terminal , it puts the file from Downloads in the right place :
find "$HOME/Library/Application Support" -type d -path "*MQL5/Experts" -exec cp "$HOME/Downloads/EdgeFound_Position_Sizer_v1.0.ex5" {} \;Drag it onto a chart
In the Navigator (Cmd+N if hidden), right-click Expert Advisors → Refresh, then drag it on. Not there ? Restart MT5.
Allow algo trading, twice
Tick Allow Algo Trading in the window that opens, and switch on the Algo Trading toolbar button. Without them the panel still calculates ; only the trade button won't fire.
Every trade gets one confirmation window : direction, size, true risk , only what you need to click fast. And when the minimum lot forces your risk past what you typed, it turns red and shows the real number. It warns you. It never blocks your trade.
Built after a gold trade where my typed 1% became 3% through the minimum lot. Never again.Clément · founder of EdgeFound
We also make a very simple trading journal. It helps you understand your own data and know what to improve to develop a real edge.
See the journal →