Here is a free (last I checked) position Sizing tool (automated lot size etc.) MT4/MT5

This is a common question from beginners. If you want to learn to calculate manually later and just get right to buying/selling, try this tool which I found really useful (until I could learn to code on my own).

Never say uncle longshottrader never did anything for you :slight_smile:

https://www.earnforex.com/metatrader-indicators/Position-Size-Calculator/

Wow, there’s a lot going on here. Everything you’d ever need. Thanks for sharing. But definitely a bit intimidating for someone new. Cool that’s it’s integrated into MT4 for sure. What do you use? All the features?

There’s also a super simple position size calc here too. Position Size Calculator - BabyPips.com