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CalcLot MT4

Version for MT4. Add to the 'Scripts' folder

The script for calculating the lotage to comply with the pre-set risk.

It can be used on any assets.

Parameters:

Risk - the amount of risk per transaction
Execution mode:
Limit (BuyLimit - Bid, SellLimit - Ask) - limit orders at the best prices
Market (Buy - Ask, Sell - Bid) - market orders at the best prices.
Magic - the individual number with which orders will be placed


When the script is running on the chart, it is not recommended to switch time frames, otherwise the script will finish its work, leaving behind graphic elements. In this case, just run the script again.

All control is carried out using horizontal lines: red - stop loss, blue - take profit.

If you decide to cancel the login, just click Cancel and the script will stop working.

Be sure to allow algotrading. 


If you have any questions - write, I will answer.


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Comprehensive on chart trade panel with the unique ability to be controllable from mobile as well. Plus has a library of downloadable configuration, e.g. exit rules, extra panel buttons, pending order setup and more. Please see our product video. Works with all symbols not just currency pairs. Features On chart panel plus controllable from free app for Windows, iPhone and Android Built-in script engine with library of downloadable configuration, e.g. add 'Close All Trades in Profit' button, exit
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Noha Mohamed Fathy Younes Badr
5 (7)
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Laszlo Tormasi
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4.74 (19)
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Version 1.3 2022.07.20
- Added different modes of placing orders: market (Buy - Ask, Sell - Bid), limit at the best prices (BuyLimit - Bid, SellLimit - Ask)
- Added Magic Number
Version 1.2 2022.07.20
- Lot rounding has been changed according to the maximum number of characters in the asset lot