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Risk Calculator Standard MT4 by PhipsProduktion

Fast, Efficient and Precise.

With the Calculator from PhipsProduction you have your risk under control with just a few clicks. 

Thanks to the easy handling and the visual risk area, the calculator is not only perfect for experienced traders, its also a must for new market participants.

The program is suitable for all Account Currencys and common MetaTrader markets. (except bonds of all kinds)


To the Deluxe Edition:  https://www.mql5.com/en/market/product/82955?source=Site+Profile

Calculator for MT5:  https://www.mql5.com/en/market/product/80535?source=Site+Profile


Application:

1. Check inputs

2. Double click on the price level where you want your stop loss to be

3. Watch the Check-line

4. Arrow-key down -> The check line is reset.

   Arrow-key up -> The order is calculated and set according to the risk specified.

5. Let profits run.


Hot Keys:

Arrow key up: confirm and set order

Arrow key down: Reset Check-line

Arrow key right: switch risk area on/off

F7 key: open Inputs

Hashtag key # : Exit program


Attention:

Befor you start the Calculator, make sure that Algo Trading is allowed!

If something is wrong, the program communicates with you at the top of the chart what to do.


Inputs:

Risk calculation

+Calculation: Type of risk calculation

- amount of money: risk according to specified fixed amount of money

- Percentage: risk as a percentage of the account balance

+amount: fixed amount of money that is risked

+Percentage: Percentage that is risked

+precision: Accuracy of the calculation, more important for smaller accounts (e.g. the calculation shows that 0.017 lots should be traded)

     - cut: the risk may be smaller than specified (0.01 lots are traded in the example)

     - round: the risk may be higher than specified (0.02 lots are traded in the example)

+CheckLine: Color of the Check-line

TradeOptions

+OneTrade: If activated, only one position per market/symbol can be set

+OverRisk: If activated, positions whose stop-loss exceeds their specified risk can still be opened.

 In this case, the smallest possible trading volume is traded.

+RiskArea: Shows the area where the stop loss can be set according to your risk. Outside this range you exceed the specified risk.

(Right arrow key to toggle on/off)

+RiskAreaColor: Color of the risk area

+RiskAreaStyle: Risk area style

Orders

+OrderComment: Comment for the Order

+MagicNumber: MagicNumber for the Order

+OrderDeviation:  Deviation for the Order-Opening (Slippage)



Interested?

Look for the Deluxe Edition, with additional functions such as Precalculation, Margin Check, Take Profit and many other extras.

https://www.mql5.com/en/market/product/82955?source=Site+Profile


If you have any questions, ideas or requests, please feel free to contact me. I am looking forward to your feedback.


Have fun and good trades,

Philipp Wilhelm, PhipsProduction.


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Layer Master is a tool kit that helps send and manage layers of Orders for traders that like to manual trade using Grids or to cover an entry area with orders.  Features: It is capable to send hundreds of Buystop / Sellstop / Buy Limit and Sell Limit orders in a quick and simple manner.  Enter the order type you want, key in the number of orders, order size, SL and TP- Then hit the Draw Zone button. Select your order area and then hit send! Send hundreds of orders to the market in one action
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Utilities
The added video will show you the full functionality, effectiveness, and simplicity of this trade manager. Drag and Drop Trade Manager. Draw your entry and have the tool calculate the rest. Advanced targeting and close portions of a trade directly available in tool (manage trades while you sleep). Market order or limit order on either side with factored spread. Just draw the entry, the tool does the rest. Hotkey setup to make it simple. Draw where you want to enter, and the stop loss, the tool c
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Kaijun Wang
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Utilities
[跟单系统] T he most friendly Copier interactive interface, the most abundant easy-to-use functions, and the best Copy solution.    EASY   : Easy to use, load and select the Master or SLAVE to use easily  FAST:   Quickly copy orders, algorithmic optimal follow-up mechanism, priority calculation of new signals, priority queue processing received special signals Multiple:   1. Support multiple signals to be sent at the same time, multiple accounts can select multiple accounts to copy at the same time
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Shamary A Guy
Utilities
JoyBoy EA advantage: the first support for small capital work EA, real trading more than 4 years; this EA based on volatility adaptive mechanism, only one single at a time, each single with a stop-loss, an average of about 4 orders per day, holding a single length of about 12 hours. This EA does not use Martingale or Grid strategy Makes it safer for your capital. You can also use this EA to pass prop firm Challenges because of its very low drawdowns and stable profits. Support currency: EURNZ
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Visit our all-new   Stein Investments Welcome Page   to get the latest information, updates and trading strategies. Do you want to become a constantly profitable 5-star forex trader? Then  get our Stein Investments trading tools  and send us a screenshot to get your personal invitation to our exclusive trading chat with 500+ members. This Trade Manager is the ideal addition for all  FX Trend  users which like to use a fully automated trade management. It detects your manually opened trades im
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