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Pips Display in Position Size Calculator Indicator

November 30, 2015 by

I am releasing a new version of Position Size Calculator indicator today. The main new feature is the display of pips distance for stop-loss and take-profit below the respective lines on the chart. It is turned on by default, so you will need to set ShowLineLabels to false if you do not like the new feature. Other changes in this new version:

  • Fixed a bug with the text label for commission per lot not deleting when indicator is removed from the chart.
  • The indicator now reacts to more chart events resulting in faster updates of values.
  • second_column_x input parameter is gone from Separate Window version of PSC — second column position is now calculated automatically.
  • Fixed a bug in margin calculation that resulted in incorrect future margin values with some brokers.

Position Size Calculator Indicator with Pips Display On

If you prefer not to use MetaTrader, you can still use the web version of the position size calculator. Unfortunately, it lacks the most interesting features of the MetaTrader version.

If you have any suggestions or wish to report a bug for this MetaTrader indicator, please do so using the commentary form below.

4 Responses to “Pips Display in Position Size Calculator Indicator”

  1. Zaak

    Hi, I’m unable to change the “Take Profit” field and the “Reward/Risk” Field says “Invalid TP”.

    How can I change it?

    By the way it’s looking really great.


    Andriy Moraru Reply:

    It means that you already have a TP line on the chart at some level. You can either set DeleteLines to true and then set Take Profit via input parameters, or you can manually delete (or move) a TakeProfitLine chart object.


    Claudio Reply:

    Hi Andriy.
    I am using your position size calculator, but in some pairs, the SL and TP lines don´t appears… Do you have any idea what could be the solution?
    Thanks in advance for your help.


    Andriy Moraru Reply:

    That may be due to some error in the price data feed provided by the broker, but it could also be caused by some bug in the indicator. Could you please send me the output of the Experts tab when such glitch happens again? Also, which version of PSC and which version of MetaTrader are you using?


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