sonarlab logo
Tradingview

Lot size calculator

Risk management is the most important chain in the link. Your strategy can be really good, but without risk management, it does not mean anything. This tool will help you calculate your lot size inside TradingView.
This Indicator is developed for the TradingView platform only.
Product Details

Risk management is the most important chain in the link. Your strategy can be really good, but without risk management, it does not mean anything. This tool will help you calculate your lot size inside TradingView. Want to know more about risk management? Read our new blog post here.

Compatible on
Risk management indicator TradingView
Introducing the

Lot Size Calculator for TradingView

Calculating a lot size in MetaTrader is normally not a quick task, but it is a very important one. MetaTrader doesn't offer a fast way to calculate the position size, so, usually, a trader needs to manually perform several calculations.

When you are submitting an order, you are already supposed to know and type in the lot size for the trade. It can be frustrating to calculate - that's why we made this tool to speed up the process a little for you.

Now you can also see your P/L live and calculate the lot size within seconds straight from Tradingview.

01

Entry and stop loss

Simply set your entry and stop loss by clicking on the price point you want it to be

02

Set target

Like setting your entry and stop loss you can simply click to set your target

03

Choose symbol

After the first two steps the indicator will ask you to set your symbol.

04

Set risk setting

Set your balance, risk in % and all the other inputs which fits your risk.

Developed for traders, by traders 💙

What is a lot size calculator and how does it work?

Our lot size calculator for TradingView is a tool that helps traders determine the appropriate position size for a trade based on their account balance, risk tolerance, and other relevant factors. It works by taking into account the size of a trader's account, their desired risk per trade, and the price of the asset being traded.

Why is lot sizing important in trading?

Lot sizing is important in trading because it directly impacts the amount of risk you're taking on in each trade. You can optimize your position size by considering your individual risk tolerance, trading goals, and other relevant factors. By using a lot size calculator, you can determine the appropriate position size for each trade, helping you manage risk and improve your trading performance.

How can a lot size calculator help me manage risk in my trades?

Our lot size calculator for TradingView can help you manage risk in your trades by ensuring that you're not risking too much of your account on one trade. By calculating the appropriate position size based on your risk tolerance and account balance, you can limit your exposure to potential losses and maximize your chances of success.

What is a contract size?

A contract size is the standardized amount of a particular asset being traded in a financial market. It represents the quantity of the asset that is being bought or sold in a single transaction.

The contract size varies depending on the asset being traded and the financial market where the trade is taking place. For example, in the forex market, the standard contract size for a currency pair is typically 100,000 units of the base currency. In the futures market, the contract size may be based on a specific commodity, such as barrels of oil or bushels of wheat.

Contract size is an important consideration for traders because it directly impacts the value and risk of each trade. It is important you will set the right contract size when calculating the lotsize - it can vary per broker and prop firm. Make sure to check it before placing a trade. In the video above it will show you how to find a contract size in Metatrader 4 and Metatrader 5.

Fair pricing

Powerful  tools

We got you: 30 day money back guarantee (only for monthly)

Monthly

billed monthly

40% off
$59 
Gain access
30 day money back guarantee

Quarterly

billed quarterly

$177 
$139 
Get Started

save 20%

#tradewithsonarlab

Yearly

billed yearly

$708
$399
Get Started

save 45%

#tradewithsonarlab

Lifetime

billed once

$6000
$999
Get Started

Save 80%

#tradewithsonarlab
Safe and secure checkout.

30 day money back guarantee. Cancel anytime in one-clock from within your account. If you're not completely satisfied, effortlessly cancel with a single click from your account. Your satisfaction is our priority, so we'll happily refund your investment within the first 30 days. Don't wait - start transforming your trading today!

People love Sonarlab

5 etoiles trustpilot
This indicator automates so much of my…

This indicator automates so much of my chart work, and the team is extremely diligent in upgrading and fine-tuning the algorithm. Above all else, the community I’ve been introduced to is worth the money all on its own. Hats off to you Sonarlab!

Braydee Prokopchuk
CA
5 etoiles trustpilot
Sonarlab aka G.O.A.T.

Sonarlab.. where do I start. When I first came across them I honestly thought it was snake oil.. a lot of companies doing similar things but I decided to check them out. I’m sure glad I did. Sonarlab not only makes the highest quality indicators but the attention to detail and clear experience in the markets really sets them apart from everyone else. Keep up the great work!

Nelson S.
US
5 etoiles trustpilot
I wouldn’t go back to the old way I was charting

I used to take the time to draw out my order blocks and it was a long and tedious process. Now I use sonarlab where it automates it all for me. Not only do I save time but I save having to be sure my chart work is correct. I can attribute a lot of my trading success to this tool. Thank you to the sonarlab team.

Brice Hatcher
US
5 etoiles trustpilot
Efficiency is all about!

Knowing SMC rules and trading using Sonarlab indicators, I found myself taking less time analyzing charts, less time to open an accurate position and not less important, better targeting.

Fransico b.
MX
5 etoiles trustpilot
A must have tool

This indicator suite is a must have tool for serious SMC traders. It saves me a ton of time everyday, it is doing the chart markups for me. My personal favorite part of this indicator, is the alert function, now I can track multiple forex pairs at the same time.

Marcel Rump
NL
5 etoiles trustpilot
Best SMC Tool ever

This is the best SMC tool on Tradingview. I have tried 4 paid SMC indicators. Sonarlab is the best one. No need to change and find another one. If you are SMC trader, it is a must have item since it save you a lot of charting time and you could set alert for Choch or BOS. you don't need to sit in front of the computer all the time.

Ocean Tsang
US
5 etoiles trustpilot
The best indicators up there

This indicator would do wonders if the person using it knows the base concept. It still could be the best tool for newbies too. I wish I had such an indicator when I started my journey. More improvements to the indicator will make this the best indicator available in the market. Good luck and thanks to sonarlab for this wonderful tool.

Oleg Bezrukov
User
5 etoiles trustpilot
Great indicators and top notch support

Great indicators and top notch support. I would highly recommend Sonarlab!

Stephen Agleron
User
5 etoiles trustpilot
WELL worth it - 5/5 Stars - Thanks Sonarlab!

Sonarlab Indicators are top notch! Trust me, if you want any knowledge of markets, strategies, or indicators, you NEED SonarLabs indicators...not just 1 of them, ALL of them work together to bring you the best setup possible for your trading

Jason Dahlen
User
Check out our other Reviews!