This tool is designed to calculate position risk based on inputted lot size and stop loss levels. Users can select a point on the chart to set a virtual stop loss, which then calculates both the risk percentage and monetary risk figure for the chosen stop loss and lot size.

In the input section, users can specify whether the calculation is from the ask price (buy positions) or the bid price (sell positions) by selecting buy or sell. The risk is affected by the stop loss distance and the timeframe, as a long stop loss distance on higher timeframes will result in greater risk due to a larger number of points.

This tool is versatile and should function on all types of securities, providing a comprehensive risk analysis for traders.
#MQL5 #MT5 #RiskCalc #TradingTools

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