Fixed Fraction for position sizing

MQL4 Esperti

Specifiche

I need to create a function for position-sizing "Fixed fraction" in EA. This EA is created for our own indicator.
 
The formula for the position-sizing is K = Ac*(Pr /100)/R1max.
 
K = number of contracts
Ac = size of our bank account
Pr = percentage of capital at risk
R1max = maximum size of risk per trade
 
In the EA it should be possible to set the maximum percentage of the capital at risk of the account (for example 10%) and the maximum loss per trade in US dollars (in the currency of a real account, for example Euro etc.). The EA should be automatically able to detect the currency of the account.
 
Since the EA uses a fixed Stoploss in pips, the EA should recalculate the value of the loss in pips automatically according to the value of one pip on the platform to currency.
 
Furthermore, it should be possible to set what amount of money to use for the calculation of position-sizing. It means that if there is the balance of 3000 USD on the account, it should be possible to set, for example, 1000 USD. The EA should then use this amount as the basic capital of the account.

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