OpenOrder (With Risk Management, TP and SL):
Thank you for the message, how would you calculate it?
That is the usual formula for the lot size calculation
Position size = ((account value x risk per trade) / pips risked)/ pip value per standard lot
I just used different brakets
Position size = (account value x risk per trade) / (pips risked * pip value per standard lot)
It makes sense but it doesn't :)
Do I understand well if I say, the open price is 100%, assume 1.06158, stop a buy when the price is at 99.5% (1.05627) or stop a sell if the price is 100.5% (1.06688)?
If that's the case it should be quite easy for you to achieve with some simple maths