Forex Position Size Calculator - Review
Forex Position Size Calculator is a full version Android application developed by Aziz Göktepe. It falls under the category of Business & Productivity and is a subcategory of Finance. The program is compatible with Android 9.0.
The app is designed to help Forex traders calculate the maximum position size they should open based on the percentage of capital they are willing to risk and the stop loss distance in pips. The app provides the pip value for the calculated size along with the quote used to calculate the position size.
It should be noted that if traders know the exact amount they want to risk instead of a percentage of their total capital, they can enter that amount as "trading capital" and enter 100 as "max percentage to risk" to get the desired results.
Overall, Forex Position Size Calculator is a useful tool for Forex traders who want to manage their risk effectively and make informed trading decisions.
