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Open Risk

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Frank
23
Frank  

Hello,

I am a beginner with MT4.

If a trade ten stocks, in ten windows of MT4 and use every time a stopp loss, then I have ten times an open risk.

If I mowe the sls afterwards, the open risk will be reduced all in all.


Is there a script or whatever on the market that shows / displays the total open risk of all open trades on the screen..

Thanks for your help or reference,

Frank

qjol
3243
qjol  
i'm not sure i understand what do you mean by "open risk"
but if you mean open orders


under cusom indicators "iExposure"

Frank
23
Frank  

Thanks qjol,

no, I do not mean the consolidation of all profits or losses of my positions.

I mean the difference between the actual price of a stock and my corresponding stopp loss level.

This is the amount of money I would like to lose in one position.

However, I would like to have the total amount for all open positions to their stop loss level.

Any ideas?

Thanks.

qjol
3243
qjol  
maybe there is such thing exist in the market i never looked
If I would need anything like this I would write it myself

using OrderOpenPrice - OrderStopLoss * MODE_TICKVALUE or SYMBOL_TRADE_TICK_VALUE (and MathAbs or fabs())

see also

Boeing747
241
Boeing747  
Frank73:

Thanks qjol,

no, I do not mean the consolidation of all profits or losses of my positions.

I mean the difference between the actual price of a stock and my corresponding stopp loss level.

This is the amount of money I would like to lose in one position.

However, I would like to have the total amount for all open positions to their stop loss level.

Any ideas?

Thanks.


Hello,

you can also view my indicator "MP"
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