Smart Trendline Order
30 USD
Demo downloaded:
19
Published:
2 August 2020
Current version:
1.0
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Hi there, great job on making this EA. It helps me place orders on a sloping line, tremendously useful. But I don't think the risk settings are working well. I have set the Lot mode to "FIX_PROG" and Risk as 1.0, but it keeps placing orders for 0.09 lots for every pair. That is not 1% risk. How do I set it so that it calculates exactly 1% risk of my balance amount?
Hello. Sorry for late response.
FIX_PROG lot calculation is based on LotFix setting, BalanceLot setting, and your Account Balance. Doesn't affect by Risk setting.
The calculation is : Your Account Balance / BalanceLot x LotFix.
Example :
Your Balace = $1750
BalaceLot = 100
LotFix = 0.01
So your lot size will be : 1750/100 x 0.01 = 0.175. Lot size will be round down and 2 digit decimal. So the final Lot is 0.17.
Risk setting is for DYNAMIC calculation.
The calculation is : Risk / 1000 x Account Free Margin / BalaceLot.
The result will be round to 2 digit decimal.
You can use FIX mode so it will only use LotFix setting as your lot size.
If you have questions, please contact me. Thank you.