Instant Trade Risk Click
- Utilities
- Chinonso Chizoba Eke
- Version: 1.3
- Updated: 4 October 2024
- Activations: 5
The instant trade risk click EA is aimed to help you get into the market as quickly as possible.
You give it your risk percentage, and your risk to reward you're hoping to get, then an option to set only stop loss and no take profit.
With that, every CTRL + Left Click events on the chart would instantly open a position, with the price on the clicked x and y axis as the stop loss, and the open price as the current markets bid/ask price.
If you click above the price, it's a Sell position, if you click below the price, it's a Buy position.
Your position is automatically created with a stop loss at the point you clicked, and an optional take profit if you want, according to your risk to reward.
Position size is calculated with the formula below.
Happy trading!
double lotSizeCalculator(double riskPercentage, double stopLossPips) { double dollarRisk = startingAccountBalance * (riskPercentage / 100); return NormalizeDouble((dollarRisk / stopLossPips), 2); }