This indicator allows trader to calculate the proper lot size based on percentage risk and stop loss. The stop loss can be defined either using Average True Range ratio or Fixed size points.
It has been developed to operate based on Points ( 10 Points = 1 Pip ) as to consistently usable with Currency pairs, Indices and Commodities on MT4 platform.
On EURAUDΒ Currency pair H4 Chart
On US500 Index H1 Chart