Magic Position Tool is a trading plugin designed to simplify position sizing and order placement on the cTrader platform. Users set their risk per trade once—either as a fixed amount or a percentage of their balance—and the tool automatically calculates the appropriate lot size based on the Stop Loss distance placed directly on the chart. This eliminates manual calculations and reduces lot-size errors.
The tool supports one-click order execution for market, limit, or stop orders, automatically attaching Stop Loss and Take Profit levels as visual lines on the chart. It provides live updates of required margin and reward-to-risk ratios before trade entry, helping traders understand their exposure. Settings, including buy/sell direction, are saved per symbol for quick reuse.
Magic Position Tool works across all symbols and timeframes, offers dark and light themes, and includes built-in risk management guidance. It does not manage or modify positions after opening; trade management remains the user's responsibility. This plugin focuses on streamlining risk-based position sizing and order placement to enhance trading efficiency.