The indicator shows lot size, corresponding to the specified risk.
How does it work?
Once applied on the chart, you needs to setup two basic parameters:
- The stop you want to use to perform each operation
- How much will you risk your capital (Equivalent if you already have open positions) for the single trade
Note:
- the pip value of each cross that is applied automatically updates
- it works well on currencies only, some CFD but not all