VFX New Order:
This tool is designed to open positions in MetaTrader 4 terminals
with absolute control of the risk / reward ratio, automatically
calculating the lot size (without the need for manual calculations
and/or spreadsheets) according to Risk and Stop Loss defined in the
input parameters, with agility and precision (because everything is done
in real time, that is, at the very moment of the inclusion of the
order), directly in MT4 platform, assisting in a fundamental way in the
risk management strategy of user.
The preservation of capital is the main rule for success in the
financial market. Rigorous risk management techniques are the key to
achieving the goals. In this context, this is the most valuable tool for
It calculates the size of the position respecting the risk and reward
defined by the user, and adapts to various strategies. Basically, all
the user needs to do is set where he want to place the stop loss, the
risk / reward ratio, everything already directly in MT4 platform, and
the order will be included according to these parameters.
Author: Vinicius de Oliveira
In this version has been added the option Fixed Lot.
In this version, it is possible to set Stop Loss by Percentage or Amount, but ONLY if Fixed Lot.
In this version, it is possible to calculate SL and TP based on ATR14.
Thank you, good luck.
The purpose of this script is to calculate the lot size according to other parameters that you inform.
If you want, for example, that the risk of an order will be 1% of the balance of the account, then you inform where you want to position the SL and TP and the script calculates the appropriate lot size;
Or if you want, for example, that the risk of an order will be 50 USD, then you inform where you want to position the SL and TP and the script calculates the appropriate lot size.