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Download the Position Size Calculator for MT4 and MT5 here (free):
In this video, I demonstrate how to install and use a Position Size Calculator for Metatrader 4 . MT4 is a great tool but lacks flexibility, especially when it comes to calculating lot sizes and position sizes. I show you how to simply get started with basic lot size calculations and how to position size based on the ATR. This is a great tool and essential for risk management. The tool is also available for MT5.