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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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Sergej Chukhista
4.67 (3)
¿Ha comprado un asesor comercial, se ha suscrito a una señal o está operando manualmente? No se olvide de la gestión de riesgos. EA Hedger   es una utilidad comercial profesional con muchas configuraciones que le permite administrar los riesgos utilizando coberturas. La cobertura es una técnica de negociación que implica la apertura de posiciones opuestas a las posiciones ya abiertas. Con la ayuda de la cobertura, la posición puede bloquearse total o parcialmente (bloquearse). Por qué es renta
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Peter Andrew Thomas
5 (3)
GRID TRADING - Layer Master tool kit is the ultimate, easy to use trading toolkit makes it simple to layer grids of Orders over any entry level. This toolkit will make it simple and fast to Open / Enter and Manage your grid trades on MT4. Every function is simple - but clicking and dragging the order zone - you define an area you want your orders, then you can quickly drag the SL and TP levels to where you want them. Hit one button and your orders are sent!!!  Features: It is capable to send h
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Levi Dane Benjamin
3.5 (4)
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Kyra Nickaline Watson-gordon
5 (7)
Smart Copy is an Easy-to-Use EA that supports Multi Copying Metatrader4 and Metatrader5 and Local/Remote Copying. (Remote Version is coming soon) Free version is available on Smart Copy Local Free MT4 Specifications :     Real Time, Multi Terminal - Multi Account - MT4/MT5 trade copying     Copy from netting to hedge and hedge to netting is supported.     Fast and instant copy     All settings are input visually.     Easy modifying symbol names, prefix, suffix     Enable/Disable co
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MEETALGO LLC
4.83 (30)
The top-selling EAs on the market cost a lot and one day they are suddenly gone. This is because one strategy will not work in the forex market all the time. Our product is unique from all others in the MQL Marketplace because our EA comes with 34+ built-in indicators that allow adding more strategies every time.  You build your strategy and keep updating it. If one strategy does not work, simply build another all using only one EA. This is All-In-One EA in this market place. You can use as trad
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Versión 1.1 2022.06.20
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