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I there a function to calculate true levearge?
I need to do it Dividing position size in USD in Equity.
Bests
There is no function, it needs to be coded.
This name of "true leverage" is really a bad one, it's confusing and misleading, it's supposed to be "true" but it's not a leverage at all.
Leverage is related to margin and only to margin. You should rather use the name and concept of exposure.
There is no function, it needs to be coded.
This name of "true leverage" is really a bad one, it's confusing and misleading, it's supposed to be "true" but it's not a leverage at all.
Leverage is related to margin and only to margin. You should rather use the name and concept of exposure.
Ok, maybe is not the best name.
I just don't know how to code the amount of USD of Opened positions.
You have defined it. So write your function. You haven't stated a problem, you stated a want. Show us your attempt (using the CODE button) and state the nature of your problem.
No free help
Or pay someone. Top of every page is the link Freelance.
Hiring to write
script - General - MQL5 programming forum
I haven't started coding it yet, Since I don't know how to do it.
I just don't know how to code the amount of USD of Opened positions.
Bests
Ok, maybe is not the best name.
I just don't know how to code the amount of USD of Opened positions.
You loop between all your positions, the for each one you convert it to USD by applying the appropriate rate, and you add all.
Example of a 0.1 EURUSD position, that's 10,000 EUR converted at 1.13058 (multiplied by EURUSD rate) to 11,305.8 USD.
Example of a 0.25 CADCHF position, that's 25,000 CAD converted at 1.34234 (divided by USDCAD rate) to 18,624.19 USD.
Total 29930 USD (rounded).
You loop between all your positions, the for each one you convert it to USD by applying the appropriate rate, and you add all.
Example of a 0.1 EURUSD position, that's 10,000 EUR converted at 1.13058 (multiplied by EURUSD rate) to 11,305.8 USD.
Example of a 0.25 CADCHF position, that's 25,000 CAD converted at 1.34234 (divided by USDCAD rate) to 18,624.19 USD.
Total 29930 USD (rounded).
Thanks, I actually know the logic on how to do it, I don't have that much experience and knowledge on MQL to do it in this specific language. Any snippet of code on how to do it would help me.
Bests
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I need to do it Dividing position size in USD in Equity.
Bests