The Stop Loss Calculator indicator for Metatrader 5 calculates the suggested stop loss for any buy or sell trade and it’s based on your account balance.
It also calculates the maximum possible loss in your account base currency.
The stop loss information will be shown in a panel in the upper right corner by default (the corner can be changed).
The following indicator inputs can be modified: panel corner, panel x and y offset, panel background color, and text color.
Please make yourself familiar with this technical indicator and test it first on a demo account.
It calculates profits for all traded Forex pairs and other assets.
Free Download
SL_Calculator.mq5 Indicator (MT5)
Chart Example
The following chart shows what the Forex Stop Loss Calculator looks like when applied to the MT5 chart.
How To Buy And Sell Forex Pairs With The Forex Stop Loss Calculator Indicator?
The indicator does not deliver any trading signals.
Please combine it with technical indicators or utilize your own trading strategy.
