Risk-Based Lot Size Calculator
Automatic position sizing from % risk or dollar budget. Visual drag-and-drop stop loss anchoring on mobile.
ChartWise Mobile · Plan Trade Engine
Auto Lot: 3.47 Lots
What It Does
ChartWise Plan Trade automates lot sizing completely. You set your risk budget (for example 2% or $200), drag your Stop Loss on mobile, and ChartWise computes the exact lot size instantly.
How It Works in ChartWise
- Select Risk Mode: % of balance or fixed dollar risk.
- Interactive Chart Anchoring: Drag SL and TP handles with live R:R readout.
- Review, then dispatch: the plan opens in a review step before anything is sent (the gate is on by default), and the order goes to the bridge with SL and TP attached.
Settings & Configuration Options
| Feature | Options | Description |
|---|---|---|
| Risk Mode | Percentage / Fixed Currency | Percent of balance, or a fixed dollar risk budget (free numeric field, default $200). |
| Default Risk | 0.5 / 1 / 2 / 3% presets, custom 0.1-100% | Preset chips plus a custom field clamped between 0.1 and 100 percent. Ships at 2%. |
| Instrument Normalization | Forex, Crypto, Indices, Metals | Automatic tick value detection. |
When to Use It
- Every Single Trade: Proper risk sizing is the foundation of professional trading.
- Prop Firm Risk Discipline: Eliminating accidental oversized lots.
"Amateurs focus on how much they can make. Professionals focus on how much they risk."
Ready to Trade with Risk-Based Lot Size Calculator?
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