Discussion of article "Functions for Money Management in an Expert Advisor" - page 6
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TickValue on metals is different, on the fund and forex it's 1 each.
If there was no leverage, the profit would not grow as it grows, imagine you opened 0.2 lot on the forex it is $20 000 and the same volume on the fund, and on the fund from such a deposit the profit grows as from $100 000 on the forex. so the leverage works, but the size of the contract is specified incorrectly, or rather some coefficient is not taken into account.
Perhaps indeed the fund has a standard contract of 100 shares, but with an order of 1 lot 100 standard contracts are opened. I don't have any other explanation (though this is a guess).
ZЫ here without "pallitra" and "help of the hall" it is impossible to solve.
I have an account in euros (it is more difficult to calculate, but more convenient in the output). Look TickValue.
Profit grows in volume per pip. On shares volume per cent.
PS.Well, there are real problems here and it is impossible to sort out )))))
Yes, I have figured it out, it remains to be seen which way of calculation works, but without knowing the internal representation I will be wandering in guesswork for a long time.
I need a clear position of MQ on this issue, from which we can proceed.
In general case the margin size can be obtained using the OrderCalcMargin() function.
I know, I've been informed :)
I would like to understand where what comes from and where it goes. So to say a detailed analysis.
I know, I've been reported :)
I'd like to understand where things come from and where they go. So to say a detailed analysis.
There is also ENUM_SYMBOL_CALC_MODE.
Thank you Rashid, you are always on top of your game, you see the root, so to speak, you see what users do not understand.
This is what you need, in the description of ENUM_SYMBOL_CALC_MODE all formulas are described.
Tell me what Percentage is and where to look it up.
SYMBOL_CALC_MODE_CFD
CFD mode - calculation of margin and profit for CFDs
Margin: Lots *ContractSize*MarketPrice*Percentage/100
Profit: (close_price-open_price)*Contract_Size*Lots
IBM gives the result 2 (what is above from the table) - trading without leverage.
Further it is not clear and therefore interesting:
MQ #IBM.The price of the share is naturally unambiguous, the calculation is performed without leverage ( type 2 ) .
Liteforex #IBM.Calculation is also without leverage (type 2).
Contract sizes are the same, calculations are the same, margins are different. It remains that this Percentage influences.
Further...Terminal gives out type 2 - trading without leverage. Nevertheless, here is what is written in the specification:
**** The leverage for all CFDs is fixed and equal to 1:20.
Based on this we have 19902 / 20 =995 $ . So in this formula Percentage is the leverage.
Beginners beware!!!
This articles was translated with many confusing word. They sometimes use "deposit" instead "margin" which is totally different in MQL5 language.