H. Lot Size Options

Lot sizing mode – Select method of lot size calculation.

Fix lot size[1]	Fixed lot size for each TP1, TP2, TP3 trades.
Risk based 0 – 1.00[2]	Calculate lot size based on value at risk. Signals without SL values will not work under this method. Refer Example: Risk based
Money ratio for every 0.01 lot[3]	Ratio of currency for each 0.01 of lot size. Refer Example: Money ratio

*Risk based calculation will only work if a stop loss value is present in the signal. The calculation will also work for stop losses added with "Use fixed pip SL" option.

Money reference – Reference Value for calculation (Only applicable if, Lot sizing mode -> Risk based or Lot sizing mode ->Money ratio methods are selected).

[2][3]Account balance	Use account balance for calculations.
[2][3]Account equity	Use account equity for calculations.
[2][3]Account free margin	Use account free margin for calculations.

TP1,2,3 lots, risk%, money ratio – Define lots or risk % or money ratio.

TP1 [1] lots [2] risk% [3] money ratio TP2 [1] lots [2] risk% [3] money ratio TP3 [1] lots [2] risk% [3] money ratio

Fix lot size[1] Enter a fixed lot size value Risk based[2] Enter a value a between 0.00 and 1.00 examples: 0.5% = 0.005 5% = 0.05 50% = 0.50 Money ratio for every 0.01 lot[3] Enter how much money should be allocated for each lot of 0.01.

Max lot size – Define a max lot size.

[2],[3]Max lot size

Enter a max lot size. Only applicable for Risk based and Money ratio lot sizing modes.

Min lot size – Define a min lot size.

[2],[3]Min lot size

Enter a min lot size. Only applicable for Risk based and Money ratio lot sizing modes.

Example: Risk based

- Risk 5%(TP1), 3%(TP2) and 1%(Tp3) for each TP level.
- Risk is calculated using the account balance of $2000.
- Lot size for each trade should not go above 0.10
- Lot size for each trade should not go below 0.01
- Copier receives a signal of EURUSD BUY with a stop-loss of 80 pips with three TP levels.

The lot sizes for each opened trade will be

TP1 0.10 lots (calculated lot size 0.13, max lot size 0.10)
TP2 0.08 lots
TP3 0.03 lots


Calculation source
https://www.myfxbook.com/forex-calculators/position-size

Example: Money ratio

- Open 0.01 lot for every $100 TP1 in account balance. 
- Open 0.01 lot for every $200 TP1 in account balance. 
- Open 0.01 lot for every $300 TP1 in account balance.
- Account balance is $1800
- Lot size for each trade should not go above 0.15
- Lot size for each trade should not go below 0.01
- Copier receives a signal with three TP levels.

The lot sizes for each opened trade will be

TP1 0.15 lots (calculated lot size 0.18, max lot size 0.15)
TP2 0.09 lots
TP3 0.06 lots


Calculation
lot size = balance / money ratio * 0.01