Enforcer ( Position Size manager )

Hi all,

 I have a new project, hope you can take it up.

Part I:

ENFORCER: This script will help me to calculate and manage my position size based on my equity.

After I have key-ed in the Entry Price and Stop Loss,

the script should generate the allowed position size for each trade

1.The default size will be 1% per position.

2. Allow option for percentage to be based on "Balance" or "Equity"

Eg.

If equity has $3000 ,

position size of 1% = $30

3. Positions will be rounded down to nearest microlot.

Eg. if position calculated is 0.876, 

it will be rounded down to 0.87.

Eg.

If position calculated is 0.008,

it will be rounded up to 0.01 instead, the smallest 

lot size available.

4. There is a default of maximum 80 pips SL.

If the SL level key-ed in is more than 80 pips, then 

Enforcer will compute the position size as " XXXX"

( Therefore I will not be able to execute trade unless I changed my entry price to 

accommodate my SL level. )

  After this is done, we will proceed to part 2.

Edited 131214

 An issue that will appear and seeking the coder's opinion on its feasibility:

1) Will the script be able to determine the maximum SL of 80 pips between different pairs?

 example: 

CADJPY , USDZAR ,GBPNZD,  US30( indices) all have different value for what is considered 80 pips.

Regards, 

 Chartist77