I have been with Oanda and using FXTrade platform for entering a trade, and MT4 just for analyzing the charts. So over the years I have not had to work with lot sizes due to the fact Oanda works with units - and I enter the exact amount of units for my position to equal 2% risk. However, now I am trying out a few ECN brokers that deal with lots and I am just trying to adjust. I found this indicator called "lot size calculator" which is very simple - just enter your stop loss and risk and it calculates the position size.
I like it very much, but I would like multiple instances of it on the chart at once so I can see how many lots I need for a particular stop loss. For instance I would like to have it on the chart 3 times for SLs of 20, 50, and 80 pips so I can just instantly see how many lots I need. The issue is when I add another instance of the indicator it makes the first one disappear.
I have no experience with code, but I did some searching and could not come up with a fix. I even tried to add multiple stop losses all in on go using buffers, but could not get it to work. I did add X and Y co-ordinates to it, as well as unit conversion so I could compare it to Oanda for accuracy. Would someone be kind enough to either just make it so it won't disappear after adding it a second time, or add multiple inputs for stop losses so the indicator just has to be added once on the chart. Any help appreciated!
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
You agree to website policy and terms of use
I have been with Oanda and using FXTrade platform for entering a trade, and MT4 just for analyzing the charts. So over the years I have not had to work with lot sizes due to the fact Oanda works with units - and I enter the exact amount of units for my position to equal 2% risk. However, now I am trying out a few ECN brokers that deal with lots and I am just trying to adjust. I found this indicator called "lot size calculator" which is very simple - just enter your stop loss and risk and it calculates the position size.
I like it very much, but I would like multiple instances of it on the chart at once so I can see how many lots I need for a particular stop loss. For instance I would like to have it on the chart 3 times for SLs of 20, 50, and 80 pips so I can just instantly see how many lots I need. The issue is when I add another instance of the indicator it makes the first one disappear.
I have no experience with code, but I did some searching and could not come up with a fix. I even tried to add multiple stop losses all in on go using buffers, but could not get it to work. I did add X and Y co-ordinates to it, as well as unit conversion so I could compare it to Oanda for accuracy. Would someone be kind enough to either just make it so it won't disappear after adding it a second time, or add multiple inputs for stop losses so the indicator just has to be added once on the chart. Any help appreciated!