Position Size Calculator [Malibu]

# Position Size Calculator [Malibu]

## 📊 Overview

**Position Size Calculator [Malibu]** is the ultimate risk management tool designed for **prop firm traders**, **forex traders**, and anyone who takes position sizing seriously.

Stop guessing your lot size. Calculate the **exact position size** based on your account balance, risk percentage, and stop loss distance — all in real-time, directly on your chart.

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## ✨ Key Features

### 🎯 Precise Lot Calculation
- Calculates optimal lot/position size based on your risk parameters
- Supports **floor rounding** to never exceed your intended risk
- Compatible with EarnForex & MyFxBook calculation standards

### 🔍 Auto-Detect Instrument Type
Automatically recognizes and configures settings for:
- **Forex** pairs (majors, minors, crosses, JPY pairs)
- **Gold (XAUUSD)** - 100 oz contract
- **Silver (XAGUSD)** - 5000 oz contract
- **Indices** (NQ, ES, YM, DAX, US30, US100)
- **Crypto** (BTC, ETH, SOL, XRP, and 10+ altcoins)

### 💰 Prop Firm Ready
Built-in **daily loss limit** and **max drawdown** tracking:
- Set your daily loss limit (e.g., 3%)
- Set your maximum drawdown limit (e.g., 8%)
- Indicator warns you when approaching limits
- Prevents over-risking and account blow-ups

### 📈 Real-Time Information Panel
Displays on your chart:
- Entry, Stop Loss, Take Profit levels
- **Calculated Lot Size**
- Dollar risk amount
- Risk-to-Reward ratio
- Required margin
- Pip value per lot
- Remaining daily/total limits

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## ⚙️ How To Use

1. **Set your account details** in the settings:
- Current Balance
- Daily Starting Balance
- Initial Capital (for max drawdown calculation)

2. **Configure your risk parameters**:
- Daily Loss Limit %
- Maximum Drawdown Limit %
- Risk per trade %

3. **Enter your trade setup**:
- Select LONG or SHORT
- Enter Stop Loss distance or price
- Set your R:R ratio (optional)

4. **Read your position size** from the label on chart

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## 🎨 Display Options

- Adjustable label position (distance from current bar)
- Three label sizes: Small, Normal, Large
- Color-coded status:
- 🟢 **Green** = LONG trade ready
- 🔴 **Red** = SHORT trade ready / Error
- 🟠 **Orange** = Warning
- 🔵 **Blue** = Waiting for input

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## 📋 Supported Instruments

| Type | Examples | Contract Size |
|------|----------|---------------|
| Forex | EURUSD, GBPUSD, USDJPY | 100,000 |
| Gold | XAUUSD | 100 oz |
| Silver | XAGUSD | 5,000 oz |
| Nasdaq | NQ, US100 | $20/point |
| S&P 500 | ES, US500 | $50/point |
| Dow Jones | YM, US30 | $5/point |
| DAX | GER40, DE40 | €25/point |
| Crypto | BTCUSD, ETHUSD | 1 coin |

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## 💡 Why Use This Calculator?

❌ **Without position sizing:**
- Random lot sizes
- Inconsistent risk
- Emotional decisions
- Account blow-ups

✅ **With Malibu Calculator:**
- Precise lot calculation every time
- Consistent 1% (or custom) risk per trade
- Protected by daily/total loss limits
- Professional risk management

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## ⚠️ Important Notes

- This indicator is for **educational purposes** and risk calculation only
- Does not place trades automatically
- Always verify calculations with your broker's specifications
- Contract sizes may vary between brokers — use "Custom" option if needed
- For non-USD quote currencies, enter the exchange rate manually

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## 🔄 Updates & Support

This indicator is actively maintained. If you encounter any issues or have feature requests, please leave a comment below.

**If you find this tool helpful, please give it a ⭐ and share with fellow traders!**

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## 📚 Related Keywords

Position size calculator, lot size calculator, risk management, prop firm trading, forex calculator, risk calculator, money management, FTMO, funded trader, position sizing, lot calculator, forex risk, trading calculator

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**Trade smart. Manage risk. Stay funded. 🏆**