A calculator to determine the break even and profit level of any number of scale trades.

Job finished

Execution time 11 days

Specification

This is not an EA that actually opens/closes trades. Instead this project involves creating a dashboard where the user can create a grid trade scenario with initial entry and scale trade pip distances, lot sizes for each trade, and draw down amount. It then calculates the break-even + profit level where all trades would close. For each new scale trade the BE+ point is recalculated which is then displayed on the chart. 

Given that different currency pairs have different exchange rates, the BE+ formula and calculation will be different from pair to pair. And given that pip values change based upon the variable exchange rates, this calculator needs to be developed by someone with this knowledge and experience in order to calculate accurately depending on the pair being traded. Please see more information in the specifications document and video.  

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Project information

Budget
30 - 400 USD