Risk percentage lot size calculation

MQL5 Experts

Tâche terminée

Temps d'exécution 1 jour
Commentaires du client
Great Developer! Code works like a charm and was delivered very quickly with useful complementary information!
Commentaires de l'employé
Excellent customer. Wishing you success in learning MQL.

Spécifications

Hi All,

I would like to add to an existing and working MQL5 EA the ability to calculate the lot size based on a risk percentage. Or in other words how many percent of the account I'm willing to lose for each deal.

Here are some key elements of my EA setup:

The base currency is EUR

Trading pair is EURJPY

Leverage is 1/100

SL is fixed at 50 pips

Target risk percentage per deal should be a variable set by default on 5%  

 

The below formula seem to be the one needed to achieve my lot size calculation but I'm not sure. 

Lot Size = Amount Risked / Number of Pips x Pip Value 

 

I tried the created the code myself and here is where I stopped: 

Basically I need help to compete the "//Calculating Lot Size based on SL and Risk Percentage" part of the code. 

 

Let me know if you have any questions.  

 

Different Variables for the lot size calculation: 

input int      StopLoss=50;               // Stop Loss
input double   RiskPercentage=5;          // Lots to Trade

int STP, TKP; 
double LotSize;
double Pips;



//--- Let us handle currency pairs with 5 or 3 digit prices instead of 4
   STP = StopLoss;
   TKP = TakeProfit;
   if(_Digits==5 || _Digits==3)
     {
      STP = STP*10;
      TKP = TKP*10;
     }
   return(0);
  }

 My Buying Script

if(Buy_Condition_1 && Buy_Condition_2)
     {
         // any opened position?
         if((Buy_opened)||(Sell_opened))
           {
            //Alert("We already have an open Position. Oportuinity passed.");
            return;    // Don't open a new Buy Position
           }
           
         // Calculating Lot size based on SL and Risk Percentage
         
         MqlTick latest_price;
         SymbolInfoTick(_Symbol,latest_price);
         
         Pips = (latest_price.bid - STP)/_Point;          
         
         double AccountBalance = AccountInfoDouble(ACCOUNT_BALANCE);
         double TickValue = SymbolInfoDouble(_Symbol,SYMBOL_TRADE_TICK_VALUE);
         LotSize = (AccountBalance * (RiskPercentage/100))/(Pips * TickValue);  
         
         Print("Pips ", Pips, " Acc Bal: ", AccountBalance," Tick Val ", TickValue," Lot Size ", LotSize);      
         
         //Executing the Trade 
         ZeroMemory(mrequest);
         mrequest.action = TRADE_ACTION_DEAL;                                    // immediate order execution
         mrequest.price = NormalizeDouble(latest_price.ask,_Digits);             // latest ask price
         mrequest.sl = NormalizeDouble(latest_price.ask - STP*_Point,_Digits);   // Stop Loss
         mrequest.tp = NormalizeDouble(latest_price.ask + TKP*_Point,_Digits);   // Take Profit
         mrequest.symbol = _Symbol;                                              // currency pair
         mrequest.volume = LotSize;                                                  // number of lots to trade
         mrequest.magic = EA_Magic;                                              // Order Magic Number
         mrequest.type = ORDER_TYPE_BUY;                                         // Buy Order
         mrequest.type_filling = ORDER_FILLING_FOK;                              // Order execution type
         mrequest.deviation=100;                                                 // Deviation from current price
         //--- send order
         OrderSend(mrequest,mresult);
         // get the result code
         if(mresult.retcode==10009 || mresult.retcode==10008) //Request is completed or order placed
           {
            Alert("A Buy order has been successfully placed with Ticket#:",mresult.order,"!!");
            SendNotification("BBWP added a new Buy order!");
           }
         else
           {
            Alert("The Buy order request could not be completed -error:",GetLastError());
            ResetLastError();           
            return;
           }
        
     }

 

 

Répondu

1
Développeur 1
Évaluation
(182)
Projets
342
42%
Arbitrage
118
12% / 73%
En retard
104
30%
Gratuit
Publié : 4 codes
2
Développeur 2
Évaluation
(564)
Projets
845
73%
Arbitrage
15
53% / 13%
En retard
193
23%
Gratuit
Commandes similaires
Poverty 30+ USD
Develop the EA according to my provided trading strategy and rules. The EA must open and close trades automatically according to the specified conditions. Include configurable Stop Loss, Take Profit, lot size and risk-management settings. Include an option for fixed lot size or percentage-based risk. Include Magic Number and trade-comment settings. The EA must work correctly on the requested MT4/MT5 platform and
I need an Expert Advisor (EA) developed for MetaTrader 5 (MT5) tailored for trading on Exness accounts. Account & Server Details: Trading Platform: MetaTrader 5 (MT5) Broker: Exness Execution Type: Market / Pending Orders Account Type: [Specify: Standard / Pro / Raw Spread / Zero] Target Instruments: [Specify pairs, e.g., XAUUSD, EURUSD, BTCUSD] Strategy Requirements: Entry Rules: [Insert your buy/sell entry
Monthly Report: August 2026 World PEACE Multi FX Algo generated a total realized profit of approximately 31,966 JPY during August. The provider account is normally operated with approximately 200,000 JPY of capital. Compared with this standard operating amount, the realized profit for August was approximately 15.98%. Please note that this is not a compounded monthly return. Realized profits are withdrawn regularly
I am looking for an experienced MQL5/MT5 Expert Advisor developer to build a custom XAUUSD (Gold) HFT/ultra-fast scalping EA for MetaTrader 5. I have attached a reference video showing exactly how I want the EA to behave. Please watch the video carefully before applying. The video should give you a clear understanding of the desired entry behavior, trade frequency, execution style, and overall system behavior. The EA
I’m looking for an experienced developer who can build a Martingale trading bot. I’m willing to pay a fair price for the right developer. I have an example trading account that demonstrates exactly how I want the bot to operate. The strategy is straightforward: the bot trades continuously using a Martingale system. The only exception is that it should automatically pause trading during high-impact news events or
This is a Tradingview project. Would you be able to make this? With a win rate and profit factor and percentage made and profit made and max dd reached. How many modifications would I be able to do? Could there be a table that shows win percentage profit factor and trading window where trades shouldn’t be placed and follows the rules of the pdf How long would it take and would it work on ninjatrader also
I need a professional MQL5 developer to build a high-frequency trading (HFT) Expert Advisor for MT5. Key Requirements & Risk Management Rules: 1. Max Trade Limit: The bot must execute a strict maximum of 1,000 trades. 2. Lot Size Cap: Every trade must be capped at a maximum of 0.50 lots. 3. Execution Speed: Optimized for low-latency, rapid execution. 4. Clean code with proper error handling and clear parameter
I need fully automatic scalping robots for XAUUSD Gold the robot should work on M1 and M5 timeframe and open trades based on the scalping logic using EMA and RSI confirmation it should analyze the market on its own and only take high probability trades
I am looking for an experienced MQL5 / MetaTrader 5 developer to help me add alert notifications to an existing MT5 indicator. What I Have I have an indicator that I am currently using on MetaTrader 5 , but I do not have the source code (.mq5) . I only have the compiled indicator file, or I can provide the indicator file that I currently have. What I Need I want to add alerts when the indicator generates its specific
I need best scalping bot 150 - 300 USD
I have attached the video of the EA I want to reproduce in MQL5. Please study the video carefully and build an EA that follows the same trading behavior shown in it. The EA is for XAUUSD (Gold) and appears to use an automated scalping/grid-style strategy with multiple positions opened around the market price. I want the entry sequence, spacing between positions, lot progression, direction of trades, and

Informations sur le projet

Budget
10 - 20 USD
Délais
de 1 à 2 jour(s)