I'm new here, long time ago I used to be a programmer - changed my mind but I restarted a few weeks ago to build my own trading script. I'm used to stock markets - not with Forex - but I did read a lot about it, and try to understand everything I've read. I've got good notions about risk management, % of trade and balance, etc ...
So to define my script, what I actually did :
- identify signals I want to use (RSI, Moving average, etc ...)
- Building my MqlTradeRequest
- Defining my stop loss
- Defining my take profit
What i do miss is to calculate my lot size. I did read a very interesting post here and I did like the solution I saw, but I think I dont fully understand the script that was posted: https://www.mql5.com/en/forum/388742
So I tried to redo the script myself, it is actually not finished, but I already am not sure about results I'm getting, or I just dont understand it ?
Here the script I'm going for step by step, to understand what I'm doing :
Hello Everyone,
I'm new here, long time ago I used to be a programmer - changed my mind but I restarted a few weeks ago to build my own trading script. I'm used to stock markets - not with Forex - but I did read a lot about it, and try to understand everything I've read. I've got good notions about risk management, % of trade and balance, etc ...
So to define my script, what I actually did :
- identify signals I want to use (RSI, Moving average, etc ...)
- Building my MqlTradeRequest
- Defining my stop loss
- Defining my take profit
What i do miss is to calculate my lot size. I did read a very interesting post here and I did like the solution I saw, but I think I dont fully understand the script that was posted: https://www.mql5.com/en/forum/388742
So I tried to redo the script myself, it is actually not finished, but I already am not sure about results I'm getting, or I just dont understand it ?
Here the script I'm going for step by step, to understand what I'm doing :
Here the printed results :
The lotSize seems a little bit too big no :) ?
Hope someone will be able to help ! Thanks a lot for your answer.