Simplifying stop losses - automatically calculate trade size according to % risked.

Say you want to risk 0.5-2% of your account per trade depending on conviction. Typically you determine the pip width of your stop loss, and from there you would calculate the amount you want to trade but this can be tiresome if you do several trades per day so I tend to estimate.

This calculation could be eliminated if you you were to set your stop in pips and from there select the % of your account you want to risk and the trade size is automatically calculated for you.