MT5 P/L and open trade calculations
How do calculate the above:
For example, if I start by placing a trade of lets say 5 lots of EURUSD then on the in the toolbox under the trade tag I can see the order type, the price the order was placed at, the current price & current P/L.
Now if I sell 0.01 lots of EURUSD I can see the lots change to 4.99 but the price that the 5 lot order was placed at changes to what I assume is arrived at by some sort of averaging algorithm - how do I calculate this new price?
Now I assume that having sold 0.01 lots, then the overall P/L stays as current price x lots * 100000. But how is the P/L of the sold 0.01 lots calculated? I assume this is the difference between the averaged price and the current price x lots x 100000, is this correct?
If I purchase addition lots what are the calculations then (assume the reverse?)
Finally, how do I get the averaged price returned to my EA?
I hope you can understand what I am asking
Thanks again but you can tell me if I can actually return the average price to my EA rather then keeping track of it myself.
Sorry but I don't understand your question, maybe because of the time change in Europe ;-)
- www.mql5.com
OK - The current price of a position is the average price of all the trades conducted on a single position (say EURUSD). that averaged price is displayed on the trades tab of the toolbox just to the right of the Volume. Is there a way of accessing this average price from an EA (something like myaveragedprice = EURUSDpositionaveragedprice) yes (lol) very clumsy example but I hope it helps explain what I am asking
OK - The current price of a position is the average price of all the trades conducted on a single position (say EURUSD). that averaged price is displayed on the trades tab of the toolbox just to the right of the Volume. Is there a way of accessing this average price from an EA (something like myaveragedprice = EURUSDpositionaveragedprice) yes (lol) very clumsy example but I hope it helps explain what I am asking
You don't mean the current price, that is Bid, I assume you mean the averaged Position Open Price ? Wouldn't you use PositionGetDouble() with POSITION_PRICE_OPEN don't forget to select the position first using PositionSelect()
Obviously you can access all the info seen on MT5 interface with MQL5. See RaptorUk answer.
Cheers
How do calculate the above:
For example, if I start by placing a trade of lets say 5 lots of EURUSD then on the in the toolbox under the trade tag I can see the order type, the price the order was placed at, the current price & current P/L.
Now if I sell 0.01 lots of EURUSD I can see the lots change to 4.99 but the price that the 5 lot order was placed at changes to what I assume is arrived at by some sort of averaging algorithm - how do I calculate this new price?
Now I assume that having sold 0.01 lots, then the overall P/L stays as current price x lots * 100000. But how is the P/L of the sold 0.01 lots calculated? I assume this is the difference between the averaged price and the current price x lots x 100000, is this correct?
If I purchase addition lots what are the calculations then (assume the reverse?)
Finally, how do I get the averaged price returned to my EA?
I hope you can understand what I am asking