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Indicators

MMPRO - Dottor Market - indicator for MetaTrader 4

Alfredo Antonetti
Views:
20443
Rating:
(4)
Published:
2012.03.05 09:43
Updated:
2016.11.22 07:32
Download as ZIP, How to download code from MetaEditor
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The indicator shows lot size, corresponding to the specified risk.

How does it work?

Once applied on the chart, you needs to setup two basic parameters:

  • The stop you want to use to perform each operation
  • How much will you risk your capital (Equivalent if you already have open positions) for the single trade

Note:

  • the pip value of each cross that is applied automatically updates
  • it works well on currencies only, some CFD but not all

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