Download MetaTrader 5

parameter or method for minimal size lot

To add comments, please log in or register
E.Dantes
33
E.Dantes  
hi at all,

is this a parameter or method, for get minimal size of my lot (example 1 lot; 0.1 lot; 0.01 lot) ?
Or, i must calculate it, every time with my input value (example: 0=1 lot; 1=0.1 lot; 2=0.01 lot) ?

Thanks a lots! at all!
whroeder1
16755
whroeder1  
  • You place the stop where it needs to be - where the reason for the trade is no longer valid. E.g. trading a support bounce the stop goes below the support.
  • Account Balance * percent/100 = RISK = OrderLots * (|OrderOpenPrice - OrderStopLoss| * DeltaPerLot + CommissionPerLot) (Note OOP-OSL includes the SPREAD, and DeltaPerLot is usually around $10/pip but it takes account of the exchange rates of the pair vs. your account currency.)
  • Do NOT use TickValue by itself - DeltaPerLot
  • You must normalize lots properly and check against min and max.
  • You must also check FreeMargin to avoid stop out
To add comments, please log in or register