Advance lotsize setting

  • Utilities
  • Themichl LLC
    Themichl LLC

    Themichl LLC

    2 (1)
    Science and Technology enthusiast, certified in International Economics and Trade, with a keen interest in tech, design, and programming. w3school educated and life long scholar, Originally from Nigeria, residing in Asia (China).
    10 products 2 comments
  • Version: 1.0
 

This MQL5 script calculates and displays a recommended trading lot size, offering both automatic and manual modes. In automatic mode, it calculates lot size based on account balance, market volatility (ATR), or a hybrid of both. The script defines lot size types (Micro, Mini, Standard) with switching thresholds, volatility settings, and safety limits. It aims to automate lot size calculations for systematic risk management, adapting to market dynamics and account parameters.

Core Features Outline:

  • Inputs and Configuration:

  • Automatic or manual lot size selection.

  • Manual lot size input.

  • Automatic mode: Balance, volatility, or hybrid calculation.

  • Lot size types and thresholds.

  • Volatility (ATR) settings.

  • Lot size safety limits and alerts.

  • Main Functionality:

  • Automates lot size calculation.

  • Dynamically adjusts to market conditions.

  • Systematic risk management.

MQL5 Script: Advanced Lot Size Calculator-- Traders' Blogs

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RS Trade Copier - the ultra-fast local trade copier with a real graphical interface. Stop typing account numbers manually. No more 200+ cryptic inputs. A reliable and flexible tool for copying trading operations between multiple MT5 and MT4 terminals. It suits experienced traders, signal providers, and individual investors. It enables trade synchronization from one or multiple Providers to one or multiple Clients with high precision and minimal latency. It supports simple automatic configuration
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