MT5 Feature Request Of Native "Risk per Trade" Option

[Muhammad Wasim]

Hi All.

Risk per Trade is Basic feature of Trading Platform where Traders can Risk % of there Balance or In fixed Amount Auto Adjustable Lot size with Placement of Stop lose.

Users of MT5 and MT4 still using third party Tools. And requires manual lotsize calculation.

Adding a simple Box of Risk per Trade in % or in Money Near or Above lot size  box can Help to solve.

Hope Mql5 Coding Team will Review this option.

Thanks for Reading.

[Muhammad Wasim]

Adding a simple Box of Risk per Trade in % or in Money Near or Above lot size  box can Help to solve.

[Timon-pascal Krueger]

Muhammad Wasim:
Hi All.

Risk per Trade is Basic feature of Trading Platform where Traders can Risk % of there Balance or In fixed Amount Auto Adjustable Lot size with Placement of Stop lose.

Users of MT5 and MT4 still using third party Tools. And requires manual lotsize calculation.

Adding a simple Box of Risk per Trade in % or in Money Near or Above lot size  box can Help to solve.

Hope Mql5 Coding Team will Review this option.

Thanks for Reading.

I would want that box too, but the reason it is not trivial is worth saying, because it is also why two third party calculators give you different sizes on the same trade. The lot is money at risk divided by the loss per lot over your stop distance, and the loss per lot has to come from the broker's tick value in account currency. MT5 reports that as tick value loss, some brokers return zero for it on indices, so a calculator has to fall back to contract size times point and say that it did. The point scale is not fixed either. The same index is quoted with a point of 0.1 at one broker and 0.01 at another, which is a factor of ten on every points based input when you move the same setup to a second account. And the result has to be floored to the volume step rather than rounded, because rounding up quietly raises your risk, and when the minimum lot already risks more than you asked for, the useful output is that number and a warning, not a size.