MT4 Position Size Calculator
Calculate the perfect lot size for your MT4/MT5 trades. Manage risk precisely for Forex pairs.
How it works
We calculate the lot size so that if price moves 20 pips against you, you will lose exactly $100.00 (1% of balance).
How to use the MT4 Position Size Calculator
- Currency & Balance: Select your account currency (USD supported) and enter your current balance.
- Risk Percentage: Choose how much of your account you are willing to risk on this trade (e.g., 1%).
- Select Pair: Choose the currency pair you are trading (e.g., EUR/USD).
- Stop Loss (Pips): Enter the distance in pips from your entry price to your stop loss.
Why Position Sizing Matters in Forex
In Forex trading, managing lot sizes is the single most important factor for long-term survival. The Pineify MT4 Position Size Calculator helps you adhere to the "1% Rule" or "2% Rule" seamlessly.
By calculating the exact lot size for every trade based on your stop loss distance, you ensure that a losing trade never impacts your account more than you planned. Whether your stop loss is 10 pips or 100 pips, your dollar risk remains constant.
Features of this Tool
- Instant Calculation: See results immediately as you type.
- Support for Major Pairs: Works for EURUSD, GBPUSD, USDJPY, and more.
- Lot Breakdowns: See Standard, Mini, and Micro lots instantly.
Frequently Asked Questions
What is a Standard Lot?
A Standard Lot represents 100,000 units of the base currency. On EUR/USD, 1 Standard Lot is worth $10 per pip.
What is a Mini Lot?
A Mini Lot is 10,000 units (0.10 Standard Lots). It is worth approximately $1 per pip on major pairs.
Do I need to enter the Current Price?
Only for pairs where the US Dollar is not the quote currency (like USD/JPY or USD/CAD), as the pip value changes with the exchange rate.
Automate your Forex Risk Management
Want to apply this risk management automatically in your trades? Build custom Pine Script strategies with Pineify that handle position sizing for you.
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