Sum of all Open Stop Losses (in USD), expressed as a % of Total Account value, where the base account is in USD

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I have developed the below code to try and sum all open stop losses, across multiple currencies in the portfolio and then express as a % of the Total Account Value (in USD base currency).  I don't get an output that makes sense - can anyone help improve the code to give an accurate and stable result?

void SumOfAllStopLosses()
 {
Buys=0; Sells=0; ShortStopLossSum = 0; LongStopLossSum = 0;
int maxIterations = OrdersTotal(); // set a maximum number of iterations
int iterations = 0; // initialize the iteration counter
for(int i=maxIterations-1;i>=0;i--)

while (iterations <= maxIterations)
// Loop through all open orders
{
   if (OrderSelect(iterations, SELECT_BY_POS, MODE_TRADES)) 
    {
        if(OrderStopLoss()>0.00 &&(OrderType()==OP_SELL))
        // Calculate the stop loss value for the current order
{
ShortStopLossValue = (((((MathAbs(OrderStopLoss() - MarketInfo(Symbol(), MODE_BID))) / MarketInfo(Symbol(), MODE_POINT)) * (((MarketInfo(Symbol(), MODE_TICKVALUE)) / (MarketInfo(Symbol(), MODE_TICKSIZE)))))/ (MarketInfo(Symbol(), MODE_LOTSIZE)))* OrderLots());ShortStopLossValue++;//
    }
      
   if(OrderStopLoss()>0.00 &&(OrderType()==OP_BUY))
        // Calculate the stop loss value for the current order
            
     {
     
    
LongStopLossValue = (((((MathAbs(MarketInfo(Symbol(), MODE_BID))-(OrderStopLoss())) / MarketInfo(Symbol(), MODE_POINT)) * (((MarketInfo(Symbol(), MODE_TICKVALUE)) / (MarketInfo(Symbol(), MODE_TICKSIZE)))))/ (MarketInfo(Symbol(), MODE_LOTSIZE)))* OrderLots());LongStopLossValue++;//


           LongStopLossSum += LongStopLossValue;
          
           ShortStopLossSum += ShortStopLossValue;
    }   
    }
        iterations++; // increment the iteration counter
        if (iterations >= OrdersTotal()) {
            break; // exit the loop when the maximum number of iterations has been reached
            return(ShortStopLossSum);
            return(LongStopLossSum);
        }
    } 

// Calculate the stop loss percentage
double stopLossPercentage = MathAbs((ShortStopLossSum + LongStopLossSum) / (AccountBalance ())); 

// Print the result to the Experts tab
Print("Total Stop Losses as % of Account Balance: ", stopLossPercentage, "%");
Comment("Total Long Lots: " + DoubleToStr(BuyLots, 2),"      ", "Total Short Lots: " + DoubleToStr(SellLots, 2), "      ", "Total Stop Losses as % of Account Balance: " + DoubleToStr(stopLossPercentage, 2),"%" );

}
[Deleted]  

MQL4 and MetaTrader 4, has it's own section on the forum. I have moved your topic to the correct section. Please don't create another topic.

 

AccountBalance * 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.)

Replace OOP with OrderClosePrice and sum

[Deleted]  

Forum on trading, automated trading systems and testing trading strategies

How to calculate take profit from currency

Fernando Carreiro, 2022.09.05 17:00

These are all the same equation written in different ways ...

[Volume]      = [Money Value] * [Tick Size] / ( [Tick Value] * [Stop Size] )
[Stop Size]   = [Money Value] * [Tick Size] / ( [Tick Value] * [Volume]    )
[Money Value] = [Volume]      * [Stop Size] * [Tick Value]   / [Tick Size]

[Volume] in lots
[Stop Size] in quote price change
[Money Value] in account currency
 
Fernando Carreiro #:

Thank you for your feedback.  I think that I have understood and now have applied to my code.  I will test it when the markets open again and let you know.

 
William Roeder #:

AccountBalance * 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.)

Replace OOP with OrderClosePrice and sum

Thank you for your feedback. 

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