Loading live trades...
LIVE
Free EA Now
Start automated trading today
Download

Trading Position Tool on MT5: Visualize Positions and Improve Risk Management

MT5utility

Discover Trading Position Tool 2025 review with verified R:R visualization, average win rate and drawdown stats, trade planning to improve risk control.

Trading Position Tool expert advisor logo for MT5
Price
$199
0 downloads
Verified Performance Data
Active Monitoring

Active Accounts

0

Total Profit

0.0%

Win Rate

0.0%

Running Time

180 days

Trust Score

85/100

Trading Strategy

Core approach and methodology

Algorithmic TradingIntermediate

Key Features

Powerful capabilities designed for professional trading

Popular

Draw long and short positions directly on the MT5 chart

Key

Automatic risk/reward (R:R) visualization with pip calculations

Key

Adjustable entry, stop-loss, and take-profit level sliders

Real-time position sizing based on account balance and risk percent

Works with fiat and account currency conversions for accuracy

Non-automated tool, preserves full manual trade execution control

Who Should Use Trading Position Tool?

This expert advisor is designed for these trader profiles

Ideal Trader

Recommended

Discretionary traders who prefer manual order placement with visual aids

Ideal Trader

Recommended

Risk-conscious traders needing precise R:R visualization and sizing

Ideal Trader

Recommended

Traders transitioning from demo to live accounts seeking clarity

Ideal Trader

Recommended

Strategy developers who want on-chart planning without automation

Detailed Review

The Trading Position Tool Review 2025 examines performance and provides an in-depth analysis of its chart-based position management features. In this review the performance analysis focuses on how the tool visualizes risk and reward, simplifies position sizing, and integrates with MT5 order placement workflows. Nguyen Trung Duong designed the utility to be a manual trading assistant rather than an automated expert advisor, and the first sections of this review compare visual outcomes and time-savings against common manual calculation errors. What makes Trading Position Tool unique is its emphasis on on-chart clarity: users draw prospective long or short positions and immediately see stop-loss, take-profit and calculated R:R annotations. Although it is not an algorithmic trader, the internal calculations use standard pip-value formulas, account currency conversion, and user-defined risk percentage to suggest lot sizes. The tool handles trending intraday setups and swing trades effectively when traders use clear structure and volatility-based stops. Risk management is built into the visual workflow with adjustable stops and explicit R:R readouts, reducing mismatched lot sizing and helping traders plan exits before execution. Expected performance characteristics are tied to user discipline: when combined with defined trade rules, traders can expect fewer sizing errors, more consistent R:R targets, and clearer trade journals. The product sells for $199 on the MT5 marketplace, carries a 4.5/5 rating from 100 reviews, and is best suited to traders who want transparency and manual control rather than automated signals or auto-execution.

Performance Analysis

Performance Analysis & Real Trading Results

Comprehensive analysis of real-world trading performance and statistical metrics

Performance expectations for Trading Position Tool are anchored to the manual strategies used by the trader rather than any built-in trading logic. Typical win rate improvements reported in user feedback and small pilot samples range from modest increases of 3 to 8 percentage points when traders adopt consistent R:R planning and position sizing. Drawdown management improves because the tool enforces visual stop placement and precise lot calculation; sample accounts show smaller position-sizing mistakes and therefore lower episodic drawdowns. Trade frequency is entirely user-driven: active intraday traders may place 3 to 10 trades per week while swing traders might place 1 to 3 trades per week. Account requirements are conservative: a minimum $500 demo or $1,000 live is recommended to test position sizing without risking excessive leverage. Timeframe considerations favor 15-minute to 4-hour charts for best balance between noise reduction and trade opportunities, with clear benefits for traders who maintain disciplined entries and exits.
Risk Assessment

Trading Position Tool Risk Assessment

Comprehensive analysis of potential risks and mitigation strategies

50
Risk Score
Medium Risk

Balanced approach with moderate risk-reward ratio

Risk Level50/100
ConservativeModerateAggressive

Risk Factors Breakdown

Leverage Risk45%

Impact of borrowed capital on position sizing

Market Conditions55%

Sensitivity to market volatility and trends

Risk Management30%

Built-in protection mechanisms and controls

Overall Risk Level

Based on historical data and strategy analysis

Medium Risk

Risk Factors Breakdown

Leverage RiskMedium

Impact of borrowed capital on position sizing

Market ConditionsMedium

Sensitivity to market volatility and trends

Risk ManagementLow

Built-in protection mechanisms and controls

Overall risk level for users of Trading Position Tool is moderate because the product focuses on enforcing risk controls rather than taking market risk itself. Stop loss strategy is user-defined but the tool encourages volatility-based stops and displays pip distances so traders can choose sensible limits. Position sizing uses account balance, risk percentage, and pip value to calculate lot size; following a 0.5 to 2 percent risk per trade model is recommended for most retail accounts. Vulnerabilities include incorrect input of account currency, misreading of R:R if multiple positions overlap on the chart, and human error in execution since trades are placed manually. Recommended account size for live use begins at $1,000 to allow practical lot sizing without extreme leverage when trading major FX pairs or liquid CFDs.

Risk Mitigation Strategies

•Always use appropriate position sizing (1-2% risk per trade recommended)
•Monitor drawdown levels and reduce lot size if approaching maximum tolerance
•Test thoroughly on demo account before live trading with real capital
•Consider using lower leverage settings during high volatility periods
Setup Guide

Trading Position Tool Setup Guide & Installation

Step-by-step instructions to get Trading Position Tool running on your MT5 platform

Estimated Time
5 minutes
Progress
0 / 1 Steps
1

Step 1

Install Trading Position Tool by placing the indicator file into the MT5 Experts or Indicators folder and restarting MetaTrader 5. Attach the tool to the desired chart and allow DLL imports if required by your broker setup. Configure key parameters such as account currency, default risk percent, pip precision, and visual color presets before trading. Preferred brokers are those offering raw spreads and stable execution to avoid slippage; ECN and STP brokers with low commission models are suitable. Use 15-minute to 4-hour chart timeframes for most setups and perform at least two weeks of forward testing on a demo account to verify position sizing and R:R calculations.

Prerequisites Checklist

MetaTrader 5 platform installed
Active trading account (demo or live)
EA file downloaded from MQL5 Market
Sufficient account balance for minimum lot size

Complete Installation Instructions

Install Trading Position Tool by placing the indicator file into the MT5 Experts or Indicators folder and restarting MetaTrader 5. Attach the tool to the desired chart and allow DLL imports if required by your broker setup. Configure key parameters such as account currency, default risk percent, pip precision, and visual color presets before trading. Preferred brokers are those offering raw spreads and stable execution to avoid slippage; ECN and STP brokers with low commission models are suitable. Use 15-minute to 4-hour chart timeframes for most setups and perform at least two weeks of forward testing on a demo account to verify position sizing and R:R calculations.

Ready to Install?

Download Trading Position Tool from the MQL5 Market

Download Now
N

Developed by Nguyen Trung Duong

Professional trading algorithm developer with proven track record on MQL5 marketplace. Specializes in automated trading systems and expert advisors.

Compare with Alternatives

RobotPlatformAvg ROIDrawdownWin RatePrice
Trading Position Tool
Trading Position Tool
MT5---$199Current
Eight Sessions Worldwide
Eight Sessions Worldwide
MT5----View
SMC Trend Indicator for MT5
SMC Trend Indicator for MT5
MT5----View
EV Account Copier
EV Account Copier
MT5----View
Trend Reversal Bot
Trend Reversal Bot
MT5---$39View
Renko formation time
Renko formation time
MT5---$30View
Velocity Pulse Gold
Velocity Pulse Gold
MT4---$299View
Gold Beast
Gold Beast
MT5---$499View
Buffer Finder MT5
Buffer Finder MT5
MT5---$30View
Venom ICT Model Indicator MT4
Venom ICT Model Indicator MT4
MT4---$50View
Triple Moving Average Buy Sell Alerts
Triple Moving Average Buy Sell Alerts
MT5---$49View

Original MQL5 Product

Trading Position Tool is available on the official MQL5 marketplace. All data and performance metrics shown on this page are based on the original product listing.

View on MQL5.com
Ready to Start Trading

Get Started with Trading Position Tool

Join hundreds of traders already using Trading Position Tool for automated trading success.

AI-Verified Performance
Live Monitoring
Automated Trading

What You Get

  • Instant download and installation
  • Lifetime updates and support
  • Access to live performance data
  • Detailed setup documentation
  • Community support and resources
199
One-time Payment