How to calculate average price for open orders
Hi all, I need an indicator for calculate avarage price for all open order, incluse Buy and Sell. I have an Indi for MT4. But MT5 I haven't.
Can Someoe help me, Please!
Simply calculate
W: lot size
P: entry
For Buy is +
For Sell is -
Ex:
Buy 1lot at 1900
Buy 1lot at 1910
Sell 5 lot at 1890
>>> Averrage is Sell 3 lot at 1880
We can set Sl and TP at Price 1880 for zero profit.
Mean breakeven? Huh, that's complex for both directions.
Maybe if you get Long Breakeven and Short Breakeven separately, then you can calculate your Breakeven with their respective total volumes.
Mean breakeven? Huh, that's complex for both directions.
Maybe if you get Long Breakeven and Short Breakeven separately, then you can calculate your Breakeven with their respective total volumes.
I dont know about MQL5:D
But I can use Excel for calculate.
Price Average is: For Lot Buy count positive,Lot Sell count negative
((Price1*Lot1 + Price2*lot2 +....)/(lot1+lot2...)=Price average
Lot averagre = lot 1+ lot2+...lotn
Ex:
Buy 1lot at 1900
Buy 1lot at 1910
Sell 5 lot at 1890
(1900*1+1910*1+1890*-5)/(1+1-5)=-1880
Lot is 1+1-5= -3
>>>> Sell 3 lot at 1880
Can you Help me, plssss
Help you with what? You already know: Lots Weighted Average Price = ∑ op(i) × lot(i) ÷ ∑ lot(i). This is the break even price of all orders combined.
OrderOpenPrice question . - MQL4 programming forum (2017)
looking for sample code on how to calculate the price BE for a few Buy and Sell orders simultaneously - Pips - MQL4 programming forum (2016)
Use +Lots for buys and -Lots for sells.
Help you with what? You alrady know: Lots Weighted Average Price = ∑ op (i) × lot (i) ÷ ∑ lot (i) . This is the break even price of all orders combined.
Use +Lots for buys and -Lots for sells.
Thank you, I know how to count but I dont know code this. Can you help me. I think it so easy for Pro, but not me :((
Help you with what? You already know: Lots Weighted Average Price = ∑ op(i) × lot(i) ÷ ∑ lot(i). This is the break even price of all orders combined.
OrderOpenPrice question . - MQL4 programming forum (2017)
looking for sample code on how to calculate the price BE for a few Buy and Sell orders simultaneously - Pips - MQL4 programming forum (2016)
Use +Lots for buys and -Lots for sells.
I just need complete code for count Lots Weighted Average and Price average.
Show this on chart and draw a line at this price.
Help you with what? You already know: Lots Weighted Average Price = ∑ op(i) × lot(i) ÷ ∑ lot(i). This is the break even price of all orders combined.
OrderOpenPrice question . - MQL4 programming forum (2017)
looking for sample code on how to calculate the price BE for a few Buy and Sell orders simultaneously - Pips - MQL4 programming forum (2016)
Use +Lots for buys and -Lots for sells.
Love you. Can you help my a bit :(
I dont know about MQL5:D
But I can use Excel for calculate.
Price Average is: For Lot Buy count positive,Lot Sell count negative
((Price1*Lot1 + Price2*lot2 +....)/(lot1+lot2...)=Price average
Lot averagre = lot 1+ lot2+...lotn
Ex:
Buy 1lot at 1900
Buy 1lot at 1910
Sell 5 lot at 1890
(1900*1+1910*1+1890*-5)/(1+1-5)=-1880
Lot is 1+1-5= -3
>>>> Sell 3 lot at 1880
Can you Help me, plssss
There's no negative lot, I was right.
Forum on trading, automated trading systems and testing trading strategies
Average the entry price of the open trades
Fernando Carreiro, 2021.06.19 12:47
Please note that if your orders have different volumes (lots) and you are trying to calculate the net open price (that will be equivalent to a single order for the entire batch), then you have to apply the following calculations:
Forum on trading, automated trading systems and testing trading strategies
Any great idea about HEDGING positions welcome here
Fernando Carreiro, 2018.09.17 21:17
For those of you that want to learn to see the "light" and not fall into the trap of "hedging" and Grid strategies, here is the basic math:
:
Learn to do your research properly! Do not be blinded by false promises. Do the math!
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Hi all, I need an indicator for calculate avarage price for all open order, incluse Buy and Sell. I have an Indi for MT4. But MT5 I haven't.
Can Someoe help me, Please!
Simply calculate
W: lot size
P: entry
For Buy is +
For Sell is -
Ex:
Buy 1lot at 1900
Buy 1lot at 1910
Sell 5 lot at 1890
>>> Averrage is Sell 3 lot at 1880
We can set Sl and TP at Price 1880 for zero profit.