Money Management - page 5

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Happy new year everybody

i need help in Need help in money management code as follow:

1- the risk should be 10%.

2- when the expert make profit:

no. of lots don't be less than the previous order even risk increase

example:

if the current order is 4 lots:

then if it win then it will advance to high no of lots and that's what happen.

else if it lose: then it is supposed to open order with less lots number " say 3 for example " and i don't want that.

what i want in this case is to continue with the same number of lots " means 4 lots not 3 as in my example "

can you do that plz.

thank you very much

 

Perfect Lot size and MM

Hi,

I wanted to do a script that calculate for me the ideal lot size for manual trading : i put my stop loss (latest high-low,support,etc ...) but i want a script that calculate the perfect lot size for a risk of 2% for each trade from the equity (that is an example)

The idea is to make a project that calculate, print for each open trade the risk in real time and modify the stop loss consequently or close the trade.

We can take the elder model for MM : 2% for each trade and 6% for all trade for example.

I 'm not a programmer but i want to try but i'm sure that people know some function usefull and they can help me.

I think that's is a very usefull project and if somebody want to contribute, i'm very happy.

any suggestion comment and critical are the welcome!!!

 

You may use this indicator.

 

Just insert in the settings: price to open the order (approximately) and stop loss price (approximately as well), risk value.

That's all.

 

thank you very much

you are the best !!!

Very usefull indicator for a strict MM.

I'll use it and improve it after my holydays. (modify stop loss automaticaly)

Bye

 

suggestion

It's seem that the minimal lot size is 0.1

it is possible to do the same thing but with min lot =0.01 that is possible with IBFX

Sorry for my bad english

The idea is to calculate the perfect ratio lot size for swing trade.

My stop loss may be far and i prefer to open little lot

Thank's for suggestion

 
newdigital:
You may use this indicator.

Thanks for this indicator.. Very useful !

PipTrader.

 

Thank you! very nice

 

Good stuff...! thank's Newdigital..

 

thank you newdigital. thats a great stuff.

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