AlcoCore Calculator for Pips and More

  • ·       Analytical MT4/5 indicator that can run alongside an existing Expert Advisor.
  • ·       Can be attached to any broker-supported chart without instrument-specific configuration.
  • ·       Automatically reads the symbol’s trading specifications, including contract size, tick size, tick value, lot limits and volume step.
  • ·       Supports Forex, metals, indices, commodities and other broker-provided instruments.
  • ·       Adapts its calculations to Forex pairs, metals, indices, commodities and other CFD instruments provided by the broker.
  • ·       Does not open, modify or close trades.
  • ·       Uses live account, symbol and broker specification data.
  • ·       Calculates position size from account balance, selected risk and Stop Loss.
  • ·       Accepts risk input as a percentage or a fixed account-currency amount.
  • ·       Applies the broker’s minimum lot, maximum lot and volume-step requirements.
  • ·       Displays the raw calculated lot before broker-volume adjustment.
  • ·       Shows when the required position size is below the broker’s minimum lot.
  • ·       Displays the maximum Stop Loss available when using the minimum lot.
  • ·       Calculates the actual risk after lot-size rounding.
  • ·       Calculates Risk Amount, Potential Reward and Risk/Reward Ratio.
  • ·       Supports Stop Loss and Take Profit input in points.
  • ·       Provides optional draggable Stop Loss and Take Profit planning lines.
  • ·       Supports LONG and SHORT calculation directions.
  • ·       Recalculates values when a planning line is moved on the chart.
  • ·       Provides compound-growth projections for configurable periods.
  • ·       Includes target planning based on starting balance, target balance and timeframe.
  • ·       Displays live daily performance information.
  • ·       Calculates point, pip and price-movement values for the selected instrument.
  • ·       Calculates gross profit or loss from user-defined Start Price, Close Price and Lot Size values, with selectable BUY/SELL direction; the result is shown in the account currency before commission and swap.
  • ·       Summarizes open-position exposure for the current basket.
  • ·       Calculates basket-level target and break-even information.
  • ·       Reviews existing Stop Loss and Take Profit protection on open orders.
  • ·       Provides popup diagnostic messages for invalid or unavailable calculation data.
  • ·       Includes a test mode for checking supported popup messages before publication.
  • ·       The user manual documents 23 numbered functions across four calculation panels.


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AlgoCore Calculator Product Description    Analytical MT4 indicator that can run alongside an existing Expert Advisor.    Can be attached to any broker-supported chart without instrument-specific configuration.    Automatically reads the symbol’s trading specifications, including contract size, tick size, tick value, lot limits and volume step.    Supports Forex, metals, indices, commodities and other broker-provided instruments.    Adapts its calculations to Forex pairs, metals, indices,
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