not enough money

New comment
 

Dear All,

ACCOUNT BALANCE:10000. 00 USD

Tried to place an oder through EA. 

CTrade::OrderSend: instant buy 10.00 EURUSD at 1.27443 tp: 1.28443 [not enough money] 

Got an error:not enough money

why? please advise. 

 

if you buy 10 lot EURUSD at 1.27443 with leverage 1:100 then your account isn't enough:

margin required = 10 x 100.000 x 1.27443 /100 = 12744.3 > 10000

 
CTrade does not check the margin before sending the order. You will need an instance of CAccountInfo to get the amount of margin required and then compare it with the amount of useable margin.
 
bicause CTrade does not minimum TP in your order. check up your TP.
 
zifu wang:

Dear All,

ACCOUNT BALANCE:10000. 00 USD

Tried to place an oder through EA. 

CTrade::OrderSend: instant buy 10.00 EURUSD at 1.27443 tp: 1.28443 [not enough money] 

Got an error:not enough money

why? please advise. 

hi.

Chech your trade volum.

use this code:


double CheckLots (int risk_percent,double Stoplost_point, double Static_Lot) {

    double Margin_Required=MarketInfo(Symbol(), MODE_MARGINREQUIRED);

    double lotmin=MarketInfo(Symbol(), MODE_MINLOT);

    double lotmax=MarketInfo(Symbol(), MODE_MAXLOT);

   if (risk_percent<=0) return (Static_Lot);

   double lots=0;

   lots=NormalizeDouble( (AccountBalance()*Risk_Percentage/100) / (Tick_Value*sl_size), 2 );

   if (lots*Margin_Required>AccountFreeMargin()) {

      error("Not enough money to take " + DoubleToStr(lots,2) +" lots.");

      lots=AccountFreeMargin()/Margin_Required;

      }

   lots=MathFloor(lots/Lot_Step + 0.5)* Lot_Step;   

   if ( lots < lotmin ) lots=lotmin;

   if ( lots > lotmax ) lots=lotmax;

   if ( lots > MaxLot) lots = MaxLot;

   return(lots);

}

 

This is the MQL5 forum, so your MQQL4 code won't help, unfortunately.

For MQL5 some helpful methods can be found in AccountInfo.mqh: Look for MaxLotCheck(..)

 
the post is 4 years old :)
 
 I hope this helps someone
 
// calculate for lot size based on the account balance and risk per trade
double CalculateLotSize(ENUM_ORDER_TYPE type, double ask) {
    // e.g. £10 = £1000 * 1%
    double maxRiskAmount = AccountInfoDouble(ACCOUNT_BALANCE) * inputRiskPerTrade / 100;

    // e.g. 20 pence = £10 / 50
    double riskPerPip = maxRiskAmount / (inputStopLoss / 10);
 
    double pipValue = 10 * SymbolInfoDouble(_Symbol, SYMBOL_TRADE_TICK_VALUE);
    double lotSize = riskPerPip / pipValue;  
   
    double minLotSize = SymbolInfoDouble(_Symbol, SYMBOL_VOLUME_MIN);
    double maxLotSize = (AccountInfoDouble(ACCOUNT_BALANCE) * AccountInfoInteger(ACCOUNT_LEVERAGE)) / 
                        SymbolInfoDouble(_Symbol, SYMBOL_TRADE_CONTRACT_SIZE);

    if ( lotSize < minLotSize ) lotSize = minLotSize;
    if ( lotSize > maxLotSize ) lotSize = maxLotSize;

    double freeMargin = AccountInfoDouble(ACCOUNT_MARGIN_FREE);
    double margin = 0.0;
    if(!OrderCalcMargin(type, _Symbol, lotSize, ask, margin)) {
        Print("Margin Calculation Error");
        return NormalizeDouble(minLotSize, 2);
    }
    
    if(freeMargin - margin <= 0.0) {
       double mLot = (margin * AccountInfoInteger(ACCOUNT_LEVERAGE)) / SymbolInfoDouble(_Symbol, SYMBOL_TRADE_CONTRACT_SIZE);
       lotSize = lotSize - (mLot - lotSize);
    }
     
    return NormalizeDouble(lotSize, 2);
}
New comment