KALIFX PS Calculator EA
๐น KALIFX PS Calculator EA โ Risk & Lot Size Tool (MT4)
KALIFX PS Calculator EA is a chart-based utility designed to help traders calculate position size and manage risk directly from a simple on-screen panel. It provides a structured way to define trade parameters and view calculated results before placing an order.
โ Key Features
- On-Chart Control Panel: Manage all inputs and actions from a compact interface on the chart.
- Mode Switching: Toggle between Risk % and Fixed Lot modes.
- Order Type Selection: Switch between Market and Pending orders.
- Buy & Sell Controls: Dedicated buttons for executing trade direction.
- Place & Cancel Actions: Easily confirm or cancel trade setup from the panel.
- Live Calculation Display: View calculated lot size, risk, and trade details in the results panel.
- Chart-Based Price Levels: Entry, Stop Loss, and Take Profit levels are managed directly on the chart.
โ๏ธ Input Parameters
๐ Panel Controls
- Mode โ Select Risk % or Fixed Lot.
- Risk % / Lot Size โ Input value based on selected mode.
- Order Type โ Market or Pending.
- Buy / Sell โ Choose trade direction.
- Place Order โ Execute the trade.
- Cancel โ Reset or cancel the current setup.
๐ Chart Levels
- Entry Price โ Entry level.
- Stop Loss โ Defines risk distance.
- Take Profit โ Optional target level.
๐ก How It Works
- Attach the EA to a chart.
- Set Open, Stop Loss, and Take Profit levels on the chart.
- Select calculation mode (Risk % or Fixed Lot).
- Choose order type (Market or Pending).
- Review the calculated results in the panel.
- Use Buy or Sell, then press Place Order to execute, or Cancel to reset.
โ ๏ธ Notes
- Calculations depend on the symbol and broker specifications.
- Results update based on current chart levels and input values.
- The EA is intended for trade planning and execution from a single panel interface.
๐งช Tip
For smoother updates while adjusting levels, use the EA on an active symbol where price updates are frequent.
Format โข MT4