How to I put in leverage on the EA
No, you do not use "leverage" in an EA. What you do is check the margin requirements and adjust the volume accordingly.
But before you do that you should be adjusting for the risk correctly first.
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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
No, you do not use "leverage" in an EA. What you do is check the margin requirements and adjust the volume accordingly.
But before you do that you should be adjusting for the risk correctly first.
I found out the error. I put lots wrong. I put 0.1 and I meant to put 0.01 instead. That fixed it. Thanks
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Hi,
I've created an EA which works perfectly in the testing mode. The issue with running in in real mode is because I don't have enough money to trade as the test mode, so I need to use leverage, which my account permits. Is there a way to code the leverage in so that I can execute the trades using the EA? The lots I am using for buying and selling work just the same amount if I'm not using the EA, but with the EA it doesn't work because it says I don't have enough money.
Thanks,