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13

How to calculate proper lot size ?

Hi, So i'm trying to build a scalping system that watch the market in 5 minutes timeframe and execute trades based on simple algorithm, until here its all okay (I hope so), but when it comes to lot size its a bit tricky. The formula i calculate lot size is: willingToSpend = accountValue * .01 // IN

2

How to calculate profit when distance is less than a pip ?

Hi, I asked this question a while ago but something seems missing. I'm building a simple system that trades on 5 minutes timeframe based on some rules (simple rules), and until here it seems okay. But the biggest problem it's occurring is that this system sometimes enter trades and puts the stop