ATR Lot Size Panel
Current volatility and the right lot size — shown on your chart.
Displays the current ATR (volatility) and a recommended lot size calculated from your risk percentage — all in a panel on your chart. Quickly check "how much is the range today?" and "what lot size is appropriate?" without leaving your screen.
What It Does
- ✓Shows the current ATR (in price and pips) in real time
- ✓Automatically calculates the recommended SL distance (in pips) from ATR
- ✓Derives a suggested lot size from risk % and account balance
- ✓Ideal as a money management aid for manual trading
Key Parameters
| Parameter | Default | Description |
|---|---|---|
| InpAtrPeriod | 14 | ATR calculation period |
| InpRiskPercent | 1.0 | Risk per trade as a percentage of account balance |
| InpAtrSlMult | 1.5 | Recommended SL = ATR × this multiplier |
| InpCorner | Top-right | Panel position on the chart |
| InpFontSize | 10 | Font size |
Installation
- 1Place the .mq5 file in MT5's data folder → MQL5/Indicators
- 2Compile in MetaEditor (or restart MT5)
- 3Drag and drop the indicator from the Navigator panel onto a chart
Disclaimer
The suggested lot size shown is a guideline only. All order decisions are your own responsibility. For more on money management principles, see the "Risk & Money Management" section of the knowledge base.
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Ready for a paid EA?
Once you're comfortable with the free tools, our tick-tested paid EAs are available on the MQL5 Market. Try free first, then decide.
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