Risk percentage lot size calculation

MQL5 Experten

Auftrag beendet

Ausführungszeit 1 Tag
Bewertung des Kunden
Great Developer! Code works like a charm and was delivered very quickly with useful complementary information!
Bewertung des Entwicklers
Excellent customer. Wishing you success in learning MQL.

Spezifikation

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;
           }
        
     }

 

 

Bewerbungen

1
Entwickler 1
Bewertung
(182)
Projekte
342
42%
Schlichtung
118
12% / 73%
Frist nicht eingehalten
104
30%
Frei
Veröffentlicht: 4 Beispiele
2
Entwickler 2
Bewertung
(564)
Projekte
844
73%
Schlichtung
15
53% / 13%
Frist nicht eingehalten
193
23%
Frei
Ähnliche Aufträge
Com este Expert Advisor, você pode comprar e vender com um stop loss automático aplicado no momento da compra ou venda. Você pode personalizar seu nível de risco aceitável. Seu gerenciamento de riscos se torna mais preciso e elimina perdas potenciais antes que o gráfico mude. Com o botão "reverter ordem", você pode fechar a ordem atual com lucro e imediatamente colocar a mesma ordem na direção oposta. Aproveite
I already have a fully developed MT5 Expert Advisor with all required prop firm features, including: Risk management Daily loss & max drawdown limits Spread & slippage filters News filter Trade management system The EA structure is complete. 👉 What I need is a professional developer to replace ONLY the entry logic with a high-quality, rule-based trading strategy. 🚨 STRICT REQUIREMENT (READ CAREFULLY): I am NOT
Sabir khalifa 30+ USD
I need an MT5 Expert Advisor for XAUUSD on the M1 timeframe with the following rules: 1. Order Block Logic: - Bullish OB = last bearish candle before a bullish Break of Structure (BOS). - Bearish OB = last bullish candle before a bearish BOS. - BOS = candle close beyond previous swing high/low by at least 1 pip. - EA must always track the latest valid OB in each direction. 2. Entry Rules: - BUY: Place a buy
I am looking for a reliable and well-performing Expert Advisor (EA) that is proven to work effectively on a real trading account. The EA should demonstrate consistent profitability, controlled drawdown, and a strong return on investment (ROI). If you already have a ready-made EA that meets these criteria, I would be interested in reviewing its performance. Please provide access to a demo account, backtest results, or
Hi, I am looking for an Quant/MQL5 developer to build a pure mathematical, Delta-Neutral Statistical Arbitrage (spot vs future ) Expert Advisor. ​ No retail indicator logic (No RSI, MACD, etc.). This is a high-speed, spread-based execution model trading the pricing inefficiency between two correlated assets (e.g., Gold Spot XAUUSD vs Gold Futures). ​ Core Requirements at a Glance: ​Real-time Spread & Z-Score
I need a professional MetaTrader 5 Expert Advisor based on a pullback trading strategy. Indicators: - Moving Averages: 5, 8, 13, 144 (custom, smooth like TradingView) - RSI (14) - ADX (14) with DI+ and DI- - OsMA (8, 21, 5) Strategy: Trend: - Use MA 144 to define the main trend Entry: - Trade only in trend direction - Wait for price to touch MA 8 - Confirm with: - RSI (above 50 for buy / below 50 for sell) - ADX >
The Advisor should stop trading if the spread exceeds a selected value. Source code is unavailable. Decompilation may be necessary or any other suggested working solution may be acceptable. Testing should be thorough with proven demonstrable results
I require someone to make same style MT5 EA exactly. The functions are pretty much hidden but observing the EA and performance should do the job. So i need same style EA i can send the ea to you
I want a forex robot to do my trading because i am a new born trader. A ai trading robot is the best and i am look for one please
HFT Directional Grid Scalper (Simple, Training Project) Overview We are looking for a developer to create a high-frequency grid scalper with a simple, deterministic logic. This is not a complex bot — the goal is to have a clean implementation for training, testing, and educational purposes. The bot should: Continually open trades in one direction only (BUY or SELL) Use ATR-based grid spacing Maintain a fixed

Projektdetails

Budget
10 - 20 USD
Ausführungsfristen
von 1 bis 2 Tag(e)