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RedeeCash 4XLOTS

DATE VERSION DESCRIPTION OF CHANGES
2011-09-11 Manual Algorithm first created as manual equation
2011-09-16  WEB API Web API launched on 4xlots.com
2022-09-02  1.00  standalone library released 

RedeeCash 4XLOTS library is a localized risk management library based on the 4xlots.com WEB API algorithm. This risk management algorithm is not dependent on currency as the quick lot size equation of,

      lots = AccountEquity / 10000

which is for every $100 of account equity will have 0.01 lot.

The RedeeCash 4XLOTS library uses a more detailed, and enhanced algorithm first developed in 2011 as manual calculation.

RedeeCash 4XLOTS has a single function called LotsOptimize. Copy and include the following RedeeCash_4XLOTS.mqh file in your project.

//+------------------------------------------------------------------+
//|                                             RedeeCash_4XLOTS.mqh |
//|   Copyright 2011-2022, PressPage Entertainment Inc DBA RedeeCash |
//|                                               https://4xlots.com |
//+------------------------------------------------------------------+
#property copyright "Copyright 2011-2022, PressPage Entertainment Inc DBA RedeeCash"
#property link      "https://4xlots.com"
#property strict
//+------------------------------------------------------------------+
//| defines                                                          |
//+------------------------------------------------------------------+

//+------------------------------------------------------------------+
//| DLL imports                                                      |
//+------------------------------------------------------------------+

//+------------------------------------------------------------------+
//| EX4 imports                                                      |
//+------------------------------------------------------------------+
#import "Market/RedeeCash_4XLOTS.ex4"
   double LotsOptimize(double deposit,int preserve);
#import
//+------------------------------------------------------------------+

To use the library, include the above MQH reference in your project file and pass two parameters, the total deposit amount on the account and a boolean flag whether to preserve the deposit by reducing the amount in the calculation.

The optimal lots size will be returned ranging between the account minimum and maximum lots size.

The video below talks about the Web API, but this version uses the same algorithm embedded in the library without the need for an external API invocation. More importantly, Priscilla talks about the importance of implementing a scalable risk management algorithm in your trading algorithm to minimize your risk while maximizing your profits.

RISK WARNING:

DRAW DOWN COULD EXCEED 50% OF THE ACCOUNT BALANCE.


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INSTAGRAM Billionaire: @richestcousin PIONEER OF ZOOM BILLIONAIRES EA THE ONLY PROFITABLE TRADING ROBOT. To trade without withdrawals is Scamming. Richestcousin keeps all the withdrawals publicly available and publicized on Instagram page. The trades are fr His very own Robot software. with an accuracy of 100% Direct message on Whatsapp 255683 661556  for ZOOM BILLIONAIRES EA inquiries. ABOUT Richestcousin is a self made Acclaimed forex Billionaire with an unmatched abilities in
RedeeCash 4XLOTS
Patrick Odonnell Ingle
DATE VERSION DESCRIPTION OF CHANGES 2011-09-11 Manual Algorithm first created as manual equation 2011-09-16  WEB API Web API launched on 4xlots.com 2022-09-02  1.00  standalone library released  RedeeCash 4XLOTS library is a localized risk management library based on the 4xlots.com WEB API algorithm. This risk management algorithm is not dependent on currency as the quick lot size equation of,       lots = AccountEquity / 10000 which is for every $100 of account equity will have 0.01 lot. The R
This copier was originally developed for the professional order management of a team of traders and therefore, first of all, a risk manager was built into it. For simple operation, you need to configure the following settings: For the master! 1. Select the program type ''Program mode'' - master 2. Enter a new name for the ''Folder name'' folder, in which the EA will record information on working with orders. The name must be the same for both master and slave!!! 3. In the ''Feedback from
[ Introduction ] . [ Installation ] Introduction This version can be used for live trading. If you want to try a free version for backtesting only, you can go to here . Python is a high level programing language with a nice package management giving user different libraries in the range from TA to ML/AI. Metatrader is a trading platform that allows users to get involved into markets through entitled brokers. Combining python with MT4 would give user an unprecedented convienance over the connec
GetFFEvents MT4 I tester capability
Hans Alexander Nolawon Djurberg
5 (2)
Want to get all events like Previous/Forecast/Actual values for each news to analyze/predict it? By this simple library you can do it easily,Just import/integrate the library into your system,then get all possible values for each news Even In Strategy Tester . Note: Please add the address " https://www.forexfactory.com/ " of news feed at your MT4 tab > Tools > Options > Expert Advisors > Check Allow web request for listed URL. Since the WebRequest() function can't be called from indicator based
Super Woodies CCI
Biswarup Banerjee
Super Woodies CCI Indicator - Enhance Your Trading Precision Step into the realm of precision trading with the "Super Woodies CCI Indicator" for MetaTrader 4. This advanced tool, inspired by Woodie's CCI, is designed to provide you with clear insights into market trends, enabling you to make well-informed trading decisions. Basic Details : Indicator Type : Super Woodies CCI Indicator Key Metrics : Real-time CCI (Commodity Channel Index) analysis for price trends. Customization : Fully customizab
Introducing "TG Trade Service Manager" — your all-in-one solution for seamless trade management in both MQL4 and MQL5 environments. With a focus on speed, reliability, and convenience, this powerful library simplifies the complexities of trade execution and management, empowering developers with a single interface for enhanced efficiency. Metatrader5 Version |  All Products  |  Contact Key Features: Unified Interface : TG Trade Service Manager" provides a unified interface for   MQL4   and  
This library will allow you to manage trades using any of your EA and its very easy to integrate on any EA which you can do yourself with the script code which is mentioned in description and also demo examples on video which shows the complete process. This product allows trading operations via API and does not include charts. Users may use charts from brokers who provides Crypto and send orders to binance - Supports One way and Hedge Mode - Place Limit, SL Limit and Take Profit Limit Orders -
Use a plain google sheet to license your product After years of developing trading software, I noticed the lack of a simple and cheap system to license the software to your customer.  Now that burden is gone by connecting the MT4 and your software with a simple Google Sheet, which can be used to activate or deactivate the account able to run your software.  With a minimum setup you'll be able to compile your software and distributing it without the fear of being spoiled by hackers or bad peopl
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DATE VERSION DESCRIPTION OF CHANGES 1.00 2022-09-06 Initial release The RedeeCash Triangular Arbitrage Opportunities shows the available currency triads and each currency trade position setup as a global variable, in the fomat of AAA/BBB, CCC/AAA, CCC/BBB: AAA/BBB -1|0|1 AAA/BBB, CCC/AAA, CCC/BBB: CCC/AAA   -1|0|1 AAA/BBB, CCC/AAA, CCC/BBB: CCC/BBB -1|0|1 where the value is the trade direction of either OP_BUY or OP_SELL. If the trade direction indicates -1, then no trade should occur for that
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Version History : Date Version Changes 6/20/2022 1.00 Initial release 6/21/2022  1.10 Add global variables for Minimum (SYMBOL_volume_min) and Maximum (SYMBOL_volume_max) History Volumes  Description : RedeeCash Volumes Indicator is the Volumes indicator that you have come to trust for market entry and exit with the added benefit of exposing key metrics as global variables. Including global variables in an indicator permits easier interaction with expert advisors (EA) and scripts. When attaching
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About : Crossing Moving Averages on Multiple Timeframes. While a traditional trend strategy would be to choose one time frame like the Daily to estimate trend, this expert advisor will open a trade in the direction of the trend when ALL timeframes from 5M to Monthly, show the same trend.       SINGLE_CURRENCY = true,  permits operations on a single currency, when disabled (FALSE), will trade the currencies selected in the market watch window on metatrader.       CONCURRENT_ORDERS=0, restricts th
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