Indicators: Risk calculator for MT 5

 

Risk calculator for MT 5:

The indicator calculates your risk as a percentage and gives you the lot size that is acceptable for your risk. You only need to specify the risk in per cent and the stop size in pips.

Risk calculator for MT 5

Author: Yevgeniy Koshtenko

 
What if there are several open positions at that moment and they’re all in a drawdown?
 
Alexey Viktorov #:
What if there are several open positions at that moment and they’re all in a drawdown?
It calculates based on the balance. To include the drawdown in the calculation, you need to calculate based on equity. I’ll post something on this after the weekend.
 
Automated-Trading:

Risk Calculator for MT5:

Author: Yevgeniy Koshtenko

Does it calculate in roubles?

 
It’s a brilliant indicator, but the implementation is dreadful. There’s no font customisation; on my 2K monitor, I can barely make out what’s written. Secondly, there’s no way to drag it to a more convenient spot within the main window. In other words, it’s always in the top-left corner, where everyone else has their panels for opening orders, such as Trade Bro and the like. It does display prices in roubles, by the way, but because of everything I’ve described above, it’s impossible to use...
 
Thanks for the indicator, but it’s a shame you can only set a whole percentage point for the risk!!!
 
Thanks, mate. Just what I needed! All the best to you.