Scalping on MT4 and uninterested in calculating lot sizes manually?
For those who commerce quick… this may change every little thing.
Hello, that is Jordan from Mql4trader.com — and immediately I am sharing a device that has develop into completely important in my scalping workflow. For those who scalp on the 1-minute or 5-minute charts, you already know the way quick worth strikes… and the way laborious it’s to calculate appropriate place sizes in actual time.
Each scalper understands the reality: with out exact threat management, your technique merely received’t survive long-term.
However attempting to do math whereas worth is flying? Unattainable. That’s why I began asking myself:
“Is there a option to automate lot-size calculation on MT4 so scalpers by no means have to consider threat throughout execution?”
And that’s when the thought hit me…
As a Fibonacci-based dealer, I spotted that MT4’s built-in Fib device could possibly be repurposed into the last word position-sizing engine for scalpers.
By drawing the Fibonacci device — even if you happen to don’t use Fibonacci in your technique — the EA reads the beginning level and present worth and immediately calculates your actual lot measurement primarily based in your threat share.
So if you happen to set your threat to 2.5%, the EA will routinely compute the best lot measurement on your scalp commerce. Draw the Fib upward → it prepares a purchase lot. Draw it downward → it prepares a promote lot.
The Fib device is **not** used for Fibonacci evaluation — it merely provides scalpers a quick, movable stop-loss reference level. Wherever you drag it, the EA recalculates your lot measurement *on each tick*. Excellent for scalping Foreign exchange, indices, gold, crypto — something with quick motion.
This device fully remodeled my scalping. I now not second-guess my threat. No spreadsheets. No calculators. No slowing down. Simply pure, quick execution — with threat totally managed within the background.
For scalpers who use mounted R:R ratios, I even added an optionally available button that closes trades routinely at a set revenue share. For instance, if you happen to threat 2.5% and desire a fast 5% scalp, the EA will shut your place the second that focus on is hit.
You may regulate your threat, revenue goal, and whether or not to allow the InProfitExits function primarily based in your scalping fashion.
Right here’s a easy video walkthrough exhibiting the entire system:
Actually — if you happen to’re a scalper, this device removes one of many greatest bottlenecks in quick buying and selling. However don’t take my phrase for it… attempt it your self.
Obtain my “FREE Simple Lot Measurement Calculator for MT4” right here:
https://www.mql4trader.com/expert-advisors/lotsize-calculator/AutoLots-One-ClickTradingtrial.ex4
Set up in MT4: File → Open Information Folder → MQL4 → Consultants Paste AutoLots-One-ClickTradingtrial.ex4 Proper-click the Navigator “Skilled Advisors” record → Refresh If it doesn’t seem, restart MT4.
As soon as put in, connect the EA to any chart and start calculating lot sizes immediately by drawing your Fibonacci device.
Simply draw and commerce — the EA handles the maths routinely.
In case you have any questions, message me at help@mql4trader.com
Full model obtainable right here:
https://www.mql5.com/en/market/product/142902
NEW FEATURE FOR SCALPERS:
Introducing the “Seize Fib” perform. Identify any one in all your Fib instruments “FIB,” and once you hit the button, the EA immediately pulls that Fib to the entrance of your chart for quick use — excellent for quick entries.
