Suprisingly good
I got the position tool from XABCD trading. It actually works. It calculates position size based on max risk/stop loss distance. It's a direct competitor to the other position tools out there. A bigger competitor than people may realize.
Yes, the website is a bit corny, but the functionality of the tool is surprisingly brilliant. The functionality and technical aspects that lay under the hood, in my book, outweigh the flashy marketing and bright colors XABCD Trading wants to front.
I chose this position tool because, primarily 1) It calculates size very quickly with precision [it even accounts for slippage in the settings so max risk doesn't overshoot] 2) The hotkeys make the tool very efficient [hotkey to submit orders, hotkey to open position tool, hotkey to switch templates with different risk amounts, hotkey to move stop to breakeven, hotkey to pin stop to a fixed price, hotkey to flip position tool from long to short/short to long, hotkey to scale risk up and down, etc.] 3) The options settings are detailed; making the tool strategy-versatile. 4) The tool is visually/aesthetically pleasing on the chart [futuristic & clean with plenty of color palettes & text fonts] The other tools do not have that level of customization.
The templates are really convenient. You can switch between templates with different risk amounts before and during a trade with a hotkey.
Without sounding too pretentious, one of the things that blew my mind away was they have a team of devs to code the tool. I contacted them through the Support Ticket and got a hold of Carl. I told Carl there was something missing about the tool. Carl and the devs listened and actually updated it shortly after; releasing a new version a few days later. To be specific, I told him: The tool loses its ability to recalculate position size AFTER submitting the 1st entry of a trade. I wanted to be able to add on to the 1st entry if the trade has continuation; whereas the 2nd and 3rd entry have an auto-recalculated position size (while the stop is pinned to a fixed price) - all this WITHOUT closing and re-opening the position tool. Switching between the tool's templates with different risks in the middle of an active trade solves this hiccup. A few days later, they understood this problem and updated it to make the auto-recalculation work.
The position tool NOW recalculates position size after every template switch mid-trade - making add-on entries and general trade executions undeniably fast.
And because of this, I believe this is one of the best tools I've ever used in trading. The devs regularly update the tool and attach a changelog showing the improvements they made. They take customer advice quite literally and apply it to their new versions. That's commitment. I can tell they see value in this tool and they are proud of the work they do. They are fully aware it should be strategy-versatile. I know geniuses when I see one.
Worth the money I'd buy again
3 April 2026
Unprompted review