Bot EA

[Vikitiki1998]

Platform: MT5

Robot: Breakout Strategy Advisor

Lot: 0.01

Tick: 0.01

Contract Size: 100

Stop Loss: 15 pips

Take Profit: 1250 pips

Problem: My Europa broker account has a SL of 15 pips, but the actual loss is $2-6. ​​However, in the Asian broker account calculator, the same robot with a SL of 15 pips shows a loss of $1.50

I've tried changing the lot, checking the tick, contract, and regional server (AS03), but nothing helps.

Question: Why is the SL set correctly at the pips, but the actual $ is always higher? How can I set it so that the SL is $1.50 on my account?

SL calculation code in EA:

double slPrice = NormalizeDouble(entryPrice - StopLoss * _Point, _Digits);

[Ryan L Johnson]

Vikitiki1998:

Platform: MT5

Robot: Breakout Strategy Advisor...

Problem: My Europa broker account has a SL of 15 pips, but the actual loss is $2-6. ​​However, in the Asian broker account calculator, the same robot with a SL of 15 pips shows a loss of $1.50...

European broker-dealers and Asian broker-dealers generally have different account currencies, so you have to detect that first, and then you can put some code in your EA to calculate the value of your SL:

   // in globals
   input double MaxRiskPercent = 1.1;
   input int StopPips = 178;
   
   double point, pointMultiplier, tickSize, tickValue, pointValue, pipValue,
   accountBalance, maxRiskMoney, lotSize;
   
   // in OnInit()
   point = SymbolInfoDouble(BaseSymbol, SYMBOL_POINT);
   tickSize = SymbolInfoDouble(BaseSymbol, SYMBOL_TRADE_TICK_SIZE);
   tickValue = SymbolInfoDouble(BaseSymbol, SYMBOL_TRADE_TICK_VALUE);
   pointValue = point * (tickValue / tickSize);
   
   if(_Digits == 3 || _Digits == 5)
    {
     pipValue = pointValue * 10 * lotSize;
     pointMultiplier = 10;
    }
   else
    {
     pipValue = pointValue * lotSize;
     pointMultiplier = 1;
    }
   
   accountBalance = AccountInfoDouble(ACCOUNT_BALANCE);
   maxRiskMoney = accountBalance * MaxRiskPercent / 100;
   
   lotSize = NormalizeDouble(GetLot(ORDER_TYPE_BUY, NormalizeDouble(2.00000 - StopPips * _Point * pointMultiplier, _Digits), NormalizeDouble(2.00000, _Digits), maxRiskMoney), 2);
   
   if(pipValue * StopPips * lotSize > maxRiskMoney)
    {
     Alert("Math error! Initial StopPips and lotSize exceed max risk of $" + DoubleToString(maxRiskMoney, 2));
     ExpertRemove();
    } 
   
   Print("lotSize: ", lotSize);

Here, I'm comparing the value of my SL to the value of my max risk. In this code snippet, pipValue * StopPips (highlighted) is what you want.

Note that NormalizeDouble() and DoubleToString() are somewhat blunt functions that round decimal digits. Those are fine for my purposes but if you want pinpoint accuracy in your math, see Fernando Carreiro's post in another thread.