Automatic size calculator

In the dynamic world of Forex Trading, having the right tools can make a significant impact on your trading experience and results. The MK01 Auto Size Calculator is one such tool that deserves a comprehensive review. This Forex Trading Software is designed to optimize Forex Trades by automatically calculating the appropriate lot size for each trade while ensuring that a certain percentage of capital risk is maintained.

Tool Functionality

The MK01 Auto Size Calculator operates as an add-on to the MT4 chart, enabling traders to manage their capital for each trade more effectively. With a user-adjustable risk percentage, the tool assists traders in keeping a real-time check on the total risk that would be incurred if all operations reach StopLoss. This feature is particularly beneficial for managing specified capital.

For both novice and professional traders, the MK01 Auto Size Calculator can be a game-changer. The software allows you to calculate precise earnings, which can be beneficial when participating in challenges posed by Prop Firms that require good capital management.

User Interface and Experience

The MK01 Auto Size Calculator boasts a simple, intuitive interface. To use the tool, traders only need to know where to set the StopLoss and TakeProfit; the software calculates everything else, thereby providing a secured approach to capital management.

Moreover, the tool is equipped with the ability to manage trades over time. It can move the StopLoss into profit after a certain number of pips set by the trader and can automatically divide the lot size whenever the price exceeds a certain level set by the user. This is all facilitated through a straightforward interface and line formation on the graph to identify key levels for StopLoss, TakeProfit, and partial tp.

Settings and Parameters

The MK01 Auto Size Calculator provides several setting options for customization, including the type of operation (Sell, Buy, Selllimit, SellStop, Buystop, Buylimit), the risk percentage for each trade, and the capital on which to calculate the risk (BALANCE, MARGIN, EQUITY).

Users can choose to execute the trade automatically or merely know the size with which to enter the market. The tool also allows setting multiple TPs for each trade and determining after how many Pips to move the SL into profit.

Key Features

• Intuitive Interface: The simplicity of the MK01 Auto Size Calculator’s interface makes it a user-friendly tool for both newbies and professional traders.
• Controlled Risk: The software calculates the lot for each trade, keeping in mind the set percentage of risk for each trade.
• Trade Management: The tool can manage the trade over time by moving the StopLoss into profit after a set number of pips.
• Customizable Settings: The MK01 Auto Size Calculator provides a variety of settings and parameters to customize your trading experience.

FAQs

Where can independent testing of the MK01 Auto Size Calculator be viewed?

Independent testing of the MK01 Auto Size Calculator can be viewed on forexroboteasy.com. Users can also subscribe to updates on the results of testing this product.

Can users share their experience of using the MK01 Auto Size Calculator?

Yes, users are encouraged to share their experiences of using the MK01 Auto Size Calculator. This can offer valuable insights to other traders.

It is important to note that this review is independent and not affiliated with the product’s creators. All opinions expressed are based on comprehensive market analysis and user experiences.