Lot Size Risk Manager

Why do you need this script?

If you place lots of orders and re-calculate your risk for every order you placed, you definitely need such a script.

This script places one or (optional) two different orders with the following script inputs.


Utility parameters

  • Operation Type - "Buy","Sell","Buylimit","Selllimit","Buystop","Sellstop"
  • Price - Entry price of the order(s).
  • Stop Loss - Stop Loss of the order(s).
  • Take Profit 1 - Take Profit of the first order.
  • Take Profit 2 - Take Profit of the second order. (optional)
  • Risk Ratio % - Places new order(s) according to this Risk Ratio (%) of Free Margin
  • Comment - this comment will be displayed on the orders of the Trade window.


Calculation Example

Assume we need to open an order NZDJPY

  • Price: 81.720
  • Stop Loss: 80.900
  • Risk pips: 81.720 - 80.900 = 820 pips. (x)
  • Free Margin: 1280 $
  • Risk Ratio %: %2
  • Risk Amount: 1280 $ * %2 = 25.6 $ (y)
  • Ask (USDJPY): 113.672 (z)

Lot = (y * z) / ( x * contract size(NZDJPY) )

If Only Take Profit 1 is determined lot value is equal to above calculated Lot.

If Take Profit 1 & Take Profit 2 are determined 2 positions are placed with Lot / 2 and have the same Stop Loss values.

It is totally free, no time, no lot, no parity etc. limitations.

Please report any bug issue or free development request (volkanyurci@gmail.com) upon your needs.

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A local trade copier between MetaTrader terminals on one PC or VPS. Copying runs in any direction between MT5 and MT4. The volume of a copy is calculated in percent of equity, in account currency, or by mirroring the master's risk share; trades are selected by filters on symbol, magic number, comment and size. The panel handles the life of an open copy: virtual SL/TP, break even, trailing stop, basket close and a scheduled close. Daily, total and volume limits protect the account and trip early
Easy Trade Executor MT4
Sergey Ermolov
Utilities
Easy Trade Executor is a tool for fast position sizing, trade execution, and trade management in MT4. Place Open Price, Stop Loss, and Take Profit levels directly on the chart, get automatic position size calculations, and open trades with controlled risk in just a few clicks. Why Easy Trade Executor? Easy Trade Executor is designed for traders who want more than just risk calculations — they want to manage trades quickly and efficiently directly from the chart. The tool combines position sizi
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Easy TrailingStop
Volkan Yurci
Utilities
If you need to follow more than 1 open position , you would ike to use this simple TrailingStop EA. Input 1 You have 4 options to set the TrailingStop , Follow the positions of the graph's symbol. Follow a position that has a given ticket number. Follow the positions that has a given Magic number. Follow All the positions. Input 2 Ticket Number ( if 2nd option is selected as input 1) Input 3 Magic Number ( if 3rd option is selected as input 1) Input 4 Trailing Stop amount in Pips  Input 5 2
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Jessy
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Jessy 2019.08.08 23:16 

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jagorz
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jagorz 2018.01.22 16:51 

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