How about a risk level Script
mole_man:
Ok so the indicator I am using tells me at what levels to set my SL.
I have been told by various sources that my stop loss should be 2% of my portfolio margin.
u can do whatever u want with your money
How do I calculate the risk level I should trade at when looking at my SL level and margin %. Is there a calculation I can use, is there a Script available that I can use?
y don't u use google for that
It would be realy great if there was a script that did this, incorporated with a quick buy or sell script!!!
o, wait in the line
Does it make sense what I trying to explain here?
no
Thank you in advance :).
There are EA's out there which are called StopLoss Manager. I believe it'll give you many options. If you're not a programmer, that might be an easy way of implementing some stoploss management. There might also be tools out there which may help you with lot sizing. Its just a matter of looking.
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Ok so the indicator I am using tells me at what levels to set my SL.
I have been told by various sources that my stop loss should be 2% of my portfolio margin.
How do I calculate the risk level I should trade at when looking at my SL level and margin %. Is there a calculation I can use, is there a Script available that I can use?
It would be realy great if there was a script that did this, incorporated with a quick buy or sell script!!!
Does it make sense what I trying to explain here?
Thank you in advance :).