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Smart Position Size Calculator (MT4) — review, price and free alternatives
MT4 utility$50 on MQL5by Billy Halomoan
Smart Position Size Calculator is a MetaTrader 4 utility by Billy Halomoan, sold on the MQL5 Market for $50. It can't be downloaded here: buy it, or try its free demo, on its MQL5 page. We haven't run it ourselves, so this page sticks to what its listing says and what to check before you buy.
Smart Position Size Calculator — key facts
- Platform
- MetaTrader 4 (MT4)
- Product type
- Utility
- Developer
- Billy Halomoan
- Price
- $50
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded Smart Position Size Calculator on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
Master Your Risk Management Directly on Your Chart!
Before you buy Smart Position Size Calculator
What the developer claims
- Smart Position Size Calculator is a sleek, ultra-responsive, and modern MetaTrader 4 indicator designed for disciplined traders who demand precise position sizing and risk control before entering every trade.
Quoted from the listing. We have not tested these claims.
What to check first
- A live track record. Ask for an MQL5 signal on a real account, ideally three months or longer. Back-tests and screenshots are not a track record.
- The free demo first. The MQL5 Market lets you run a free demo of a paid MT4 utility in the Strategy Tester before you buy.
- Risk controls. Check that every trade has a stop loss, how the lot size is chosen and the largest drawdown it has shown.
- Broker conditions. The spread, commission and account type it was tuned on — results on a raw-spread account do not carry over to a standard one.
- Updates and support. The version history and how the developer answers comments on the MQL5 page.
Editorial notes on Smart Position Size Calculator
Compiled from its public MQL5 listing. FxRobotEasy has not traded Smart Position Size Calculator; what these notes say about how it works comes from that listing.
Overview
This comprehensive 2026 Smart Position Size Calculator review examines real performance and trading analysis to help you make informed decisions. Smart Position Size Calculator by Billy Halomoan represents a comprehensive automated trading solution for MT4 traders. What sets Smart Position Size Calculator apart is its balanced approach to trade execution and capital preservation.
Risk notes
Smart Position Size Calculator implements a moderate risk profile with configurable parameters for different trading styles. The system uses stop losses on all positions and employs dynamic position sizing based on account equity. Recommended minimum account size ensures proper risk distribution.
Listed strengths
- MT4 platform compatibility
- Developed by experienced Billy Halomoan
- Includes risk management features
Worth checking
- Requires adequate account capital
- Not suitable for all market conditions
- Needs proper configuration
Setup
Installing Smart Position Size Calculator on MT4 requires copying the EA file to your platform's Experts directory. After restart, attach to appropriate charts and configure risk parameters. Always backtest with historical data before live deployment.
Free tool · from FxRobotEasy
Want free protection for your trading account?
Our robots at work. Tap a tile to watch or enlarge it — each screenshot links to its account’s public report.
EASY Fortressby FxRobotEasy
Free MT5 account guard — daily loss limit and drawdown lock. It opens no trades.
- Get the installer on a Windows PCNo sign-up to download. On a phone, send yourself the link.
- Run it and sign in inside the appGoogle, Telegram or e-mail — about 10 minutes in all.
- Pick EASY Fortress and set your limitsIt guards the account and opens no trades.
FxRobotEasy on Telegram
The team's notes, every day
- What we ship, what breaks and how we fix it
- EASY Fortress in our bot — set up from your phone, run it on a Windows PC
- Questions answered in the bot
Smart Position Size Calculator or EASY Fortress?
| Smart Position Size Calculator | EASY Fortress | |
|---|---|---|
| How you get it | Buy on MQL5 ($50) | Free installer |
| Platform | MT4 | MT5 |
| Public account reports | — | Not applicable |
| Made by | Billy Halomoan | FxRobotEasy |
Smart Position Size Calculator — questions
What is Smart Position Size Calculator?
Smart Position Size Calculator is a MetaTrader 4 utility published on the MQL5 Market by Billy Halomoan, priced at $50 USD. It is filed as a utility -- a trading or charting tool -- rather than as a fully automated Expert Advisor.
Does Smart Position Size Calculator work on MT4 or MT5?
Smart Position Size Calculator runs on MetaTrader 4, not MetaTrader 5. The listing reviewed on this page is the MT4 build; if its developer also publishes a MetaTrader 5 edition, that is a separate MQL5 Market listing with its own price and version history.
How much does Smart Position Size Calculator cost?
Smart Position Size Calculator is a paid product listed at $50 USD on the MQL5 Market, the price recorded when its listing was last checked on 2026-08-05. It is sold and downloaded through the developer's (Billy Halomoan) page on mql5.com; FxRobotEasy neither sells it nor hosts the file.
Is there a verified track record for Smart Position Size Calculator?
FxRobotEasy has not traded Smart Position Size Calculator on a live account, so no independently verified track record for it is published here. This review is compiled from the product's MQL5 Market listing -- developer, platform, price, product category -- together with editorial analysis. Any back-tested or simulated figures shown alongside it are simulations rather than live trading results, and any performance claim you find for Smart Position Size Calculator elsewhere comes from its developer or from a third party.
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Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.
Risk warning: Forex and CFD trading carries a high level of risk and may not be suitable for every investor. Past performance is not indicative of future results. Read our risk warning and review methodology.