Indicator to calculate position size

MQL4 Indicators

Job finished

Execution time 21 hours
Feedback from customer
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Feedback from employee
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Specification

Hi I need an indicator with the following specification:


Input:

----------

ProfitPerPip : <<To specify how much profit in USD I want for each pip>>

DisplayPosition: <<To specify corner for display>>

DisplayFont: <<To specify font for display>>

DisplaySize: <<To specify size for display>>


Output: 

-----------

If this indicator is attached to a chart on any pair, including gold it should show me the minimum lot or position size (in the format 0.01 or 0.1 or 1 etc) required for a trade to earn the value specified in the <<ProfitPerPip>>

For example (1):

ProfitPerPip = 1

DisplayPosition: 0

DisplayFont: Arial

DisplaySize: 10

If I attach this settings to  EURUSD pair, it should display the following information at the top left corner (if 0 means that location):

Required Lot Size : 0.1

Because, we need 0.1 lots of trade to earn 1 $ per pip for this pair.


For example (2):

ProfitPerPip = 5.2

DisplayPosition: 0

DisplayFont: Arial

DisplaySize: 10

If I attach this settings to  EURUSD pair, it should display the following information at the top left corner (if 0 means that location):

Required Lot Size : 0.52

Because, we need 0.52 lots of trade to earn 5.2 $ per pip for this pair.



For example (3):

ProfitPerPip = 1

DisplayPosition: 0

DisplayFont: Arial

DisplaySize: 10

If I attach this settings to  GBPJPY pair, it should display the following information at the top left corner (if 0 means that location):

Required Lot Size : 0.11

Because, we need 0.11 lots of trade to earn 1 $ (in fact 1.00831 $) per pip for this pair based on the current conversion rate for USD to JPY (109.093).


Thanks!




 

Files:

TXT
req.txt
1.6 Kb

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Project information

Budget
20 - 25 USD
For the developer
18 - 22.5 USD
Deadline
from 1 to 3 day(s)