Experts: Money Management

Automated-Trading 2023.04.17 12:37

Close trades when the percentage profit or risk of the account is reached

Nino Guevara Ruwano 2023.04.20 15:24 #1

Automated-Trading:

Money Management:

Hi, let me ask ..

Why do you divide PD and LD with 100 in both calculations in the function you made?

Is this related to the point size of the current symbol?

Chioma Obunadike 2023.04.20 16:58 #2

Nino Guevara Ruwano #:

Hi, let me ask ..

Why do you divide PD and LD with 100 in both calculations in the function you made?

Is this related to the point size of the current symbol?

PD = 5

So PD% = 5% = 5/100

Same goes for LD%

dman7744 2023.04.21 10:17 #3

can this EA be used on a prop firm account?

Chioma Obunadike 2023.06.10 06:40 #4

dman7744 #:

can this EA be used on a prop firm account?

If your prop firm allows EA trading then YES, it can.

Dhayyan 2023.09.09 16:50 #5

Do you have documentation regarding how it works